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Progress Software Corporation logo

Progress Software Corporation (PRGS) Gross Margin

Annual Gross Margin

70.15%3.87%-5.23%

Summary

Current Value
As of today, PRGS annual gross margin is 70.15%, down -5.23% on
Historical Performance
PRGS annual gross margin is down -8.32% over the past 3 years, and down -13.84% over the past 5 years
All-Time High Comparison
PRGS annual gross margin is currently -21.62% below its historical high of 89.50% set on
3-Year Low Comparison
PRGS annual gross margin is at its 3-year low
Sector Comparison
PRGS annual gross margin is higher than 80.28% of companies in Technology sector

Gross Margin Chart

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Performance

PRGS Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin70.15%-5.2%-8.3%-13.8%-11.5%
Quarterly Gross Margin71.30%-4.6%-8.2%-9.7%-11.7%
Price$42.35-21.8%-18.2%+0.9%+47.7%
PE Ratio25.39-27.3%+5.4%+6.4%-35.7%
Annual Revenue$977.83M+29.8%+62.4%+121.2%+84.8%
Annual Gross Profit$685.98M+23.0%+48.9%+90.6%+63.6%
Annual Operating Margin17.84%-14.5%-15.7%-32.7%-12.7%
Annual Net Margin7.48%-17.6%-52.6%-58.5%-18.5%

Gross Margin Highs

PRGS Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y76.52%N/A-8.3%
5Y81.42%N/A-13.8%
All89.50%-21.6%

Gross Margin Lows

PRGS Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y70.15%at low
5Y70.15%at low
All15.96%+339.5%

Gross Margin History

YearValueChange
70.15%-5.2%
74.02%+2.5%
72.21%-5.6%
76.52%-3.4%
79.21%-2.7%
81.42%+6.6%
76.41%-3.1%
78.83%-0.6%
79.33%-1.6%
80.65%+1.1%
79.74%-10.9%
89.50%+0.2%
89.30%+3.0%
86.72%+9.6%
79.14%-0.1%
79.25%-0.1%
79.31%-2.0%
80.93%-0.0%
80.94%-0.2%
YearValueChange
81.14%-0.9%
81.85%+0.9%
81.14%+2.1%
79.51%+5.7%
75.22%+1.2%
74.34%-3.3%
76.89%-0.0%
76.92%-0.6%
77.38%-2.3%
79.20%+0.1%
79.15%-4.5%
82.89%-2.4%
84.89%-0.7%
85.45%+1.6%
84.14%+0.4%
83.77%+424.9%
15.96%-1.1%
16.14%-

FAQ

  • What is the current annual gross margin of PRGS?

    As of today, PRGS annual gross margin is 70.15%

  • What is 1-year change in PRGS annual gross margin?

    PRGS annual gross margin is down -5.23% year-over-year

  • What is 3-year change in PRGS annual gross margin?

    PRGS annual gross margin is down -8.32% over the past 3 years

  • How far is PRGS annual gross margin from its all-time high?

    PRGS annual gross margin is currently -21.62% below its historical high of 89.50% set on November 30, 2014

  • How does PRGS annual gross margin rank versus sector peers?

    PRGS annual gross margin is higher than 80.28% of companies in Technology sector

  • When is PRGS next annual earnings release?

    As of today, the next annual earnings release for PRGS has not been scheduled

Gross Margin Formula

Gross Margin =  
× 100%

Data Sources & References

  1. PRGS Official Website www.progress.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.htm
  4. PRGS Profile on Yahoo Finance finance.yahoo.com/quote/PRGS
  5. PRGS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/prgs