Progress Software annual r&d spending
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Progress Software R&D Spending Growth & History (PRGS)
Progress Software's r&d spending was $192.3M for fiscal 2025.
View full Progress Software company overviewProgress Software annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | $192.3M | $45.9M | +31.38% |
| 2024 | 2024-11-30 | $146.3M | $13.9M | +10.53% |
| 2023 | 2023-11-30 | $132.4M | $17.8M | +15.57% |
| 2022 | 2022-11-30 | $114.6M | $11.2M | +10.87% |
| 2021 | 2021-11-30 | $103.3M | $14.7M | +16.64% |
| 2020 | 2020-11-30 | $88.6M | $27,000 | +0.03% |
| 2019 | 2019-11-30 | $88.6M | $8.8M | +11.08% |
| 2018 | 2018-11-30 | $79.7M | $2.8M | +3.57% |
| 2017 | 2017-11-30 | $77.0M | −$11.6M | −13.09% |
| 2016 | 2016-11-30 | $88.6M | $1.7M | +1.91% |
| 2015 | 2015-11-30 | $86.9M | $28.0M | +47.42% |
| 2014 | 2014-11-30 | $59.0M | $1.6M | +2.84% |
| 2013 | 2013-11-30 | $57.3M | $12.9M | +29.01% |
| 2012 | 2012-11-30 | $44.4M | $6.3M | +16.39% |
| 2011 | 2011-11-30 | $38.2M | −$11.9M | −23.76% |
| 2010 | 2010-11-30 | $50.1M | −$43.2M | −46.30% |
| 2009 | 2009-11-30 | $93.3M | $5.5M | +6.24% |
| 2008 | 2008-11-30 | $87.8M | — | — |
Progress Software quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $48.8M | $2.3M | +4.87% |
| Q1 2026 | 2026-02-28 | $50.5M | $4.1M | +8.84% |
| Q4 2025 | 2025-11-30 | $49.9M | $8.7M | +21.09% |
| Q3 2025 | 2025-08-31 | $49.4M | $14.7M | +42.37% |
| Q2 2025 | 2025-05-31 | $46.6M | $11.1M | +31.42% |
| Q1 2025 | 2025-02-28 | $46.4M | $11.4M | +32.55% |
| Q4 2024 | 2024-11-30 | $41.2M | $7.2M | +21.16% |
| Q3 2024 | 2024-08-31 | $34.7M | $1.6M | +4.77% |
| Q2 2024 | 2024-05-31 | $35.4M | $615,000 | +1.77% |
| Q1 2024 | 2024-02-29 | $35.0M | $4.5M | +14.95% |
| Q4 2023 | 2023-11-30 | $34.0M | $5.4M | +18.89% |
| Q3 2023 | 2023-08-31 | $33.1M | $4.5M | +15.66% |
| Q2 2023 | 2023-05-31 | $34.8M | $6.2M | +21.57% |
| Q1 2023 | 2023-02-28 | $30.4M | $1.8M | +6.16% |
| Q4 2022 | 2022-11-30 | $28.6M | $1.8M | +6.89% |
| Q3 2022 | 2022-08-31 | $28.6M | $3.0M | +11.84% |
| Q2 2022 | 2022-05-31 | $28.6M | $2.2M | +8.43% |
| Q1 2022 | 2022-02-28 | $28.7M | $4.1M | +16.80% |
| Q4 2021 | 2021-11-30 | $26.8M | $2.3M | +9.30% |
| Q3 2021 | 2021-08-31 | $25.6M | $4.9M | +23.89% |
| Q2 2021 | 2021-05-31 | $26.4M | $4.6M | +21.24% |
| Q1 2021 | 2021-02-28 | $24.5M | $2.9M | +13.36% |
| Q4 2020 | 2020-11-30 | $24.5M | $614,000 | +2.57% |
| Q3 2020 | 2020-08-31 | $20.7M | −$2.5M | −10.59% |
| Q2 2020 | 2020-05-31 | $21.8M | $99,000 | +0.46% |
| Q1 2020 | 2020-02-29 | $21.7M | $1.8M | +8.87% |
| Q4 2019 | 2019-11-30 | $23.9M | $3.5M | +17.38% |
| Q3 2019 | 2019-08-31 | $23.1M | $3.8M | +19.59% |
| Q2 2019 | 2019-05-31 | $21.7M | $1.9M | +9.41% |
| Q1 2019 | 2019-02-28 | $19.9M | −$355,000 | −1.75% |
| Q4 2018 | 2018-11-30 | $20.3M | −$909,000 | −4.28% |
| Q3 2018 | 2018-08-31 | $19.3M | −$282,000 | −1.44% |
| Q2 2018 | 2018-05-31 | $19.8M | $1.0M | +5.49% |
| Q1 2018 | 2018-02-28 | $20.2M | $2.9M | +16.79% |
| Q4 2017 | 2017-11-30 | $21.2M | −$1.5M | −6.78% |
| Q3 2017 | 2017-08-31 | $19.6M | −$2.1M | −9.61% |
| Q2 2017 | 2017-05-31 | $18.8M | −$3.5M | −15.72% |
| Q1 2017 | 2017-02-28 | $17.3M | −$4.5M | −20.48% |
| Q4 2016 | 2016-11-30 | $22.8M | $1.4M | +6.53% |
| Q3 2016 | 2016-08-31 | $21.7M | $1.3M | +6.29% |
| Q2 2016 | 2016-05-31 | $22.3M | $7,000 | +0.03% |
| Q1 2016 | 2016-02-29 | $21.8M | −$1.0M | −4.49% |
| Q4 2015 | 2015-11-30 | $21.4M | $8.0M | +59.67% |
| Q3 2015 | 2015-08-31 | $20.4M | $5.4M | +36.37% |
| Q2 2015 | 2015-05-31 | $22.3M | $6.8M | +43.99% |
| Q1 2015 | 2015-02-28 | $22.8M | $7.7M | +51.00% |
| Q4 2014 | 2014-11-30 | $13.4M | −$1.0M | −7.15% |
| Q3 2014 | 2014-08-31 | $15.0M | $360,000 | +2.46% |
| Q2 2014 | 2014-05-31 | $15.5M | $809,000 | +5.51% |
| Q1 2014 | 2014-02-28 | $15.1M | $1.5M | +10.95% |
| Q4 2013 | 2013-11-30 | $14.4M | $5.3M | +57.49% |
| Q3 2013 | 2013-08-31 | $14.6M | $2.0M | +15.71% |
| Q2 2013 | 2013-05-31 | $14.7M | $4.3M | +41.24% |
| Q1 2013 | 2013-02-28 | $13.6M | $1.4M | +11.07% |
| Q4 2012 | 2012-11-30 | $9.2M | — | — |
| Q3 2012 | 2012-08-31 | $12.6M | −$5.5M | −30.24% |
| Q2 2012 | 2012-05-31 | $10.4M | −$9.8M | −48.42% |
| Q1 2012 | 2012-02-29 | $12.3M | −$8.6M | −41.21% |
| Q3 2011 | 2011-08-31 | $18.1M | −$3.8M | −17.48% |
| Q2 2011 | 2011-05-31 | $20.1M | −$3.0M | −13.03% |
| Q1 2011 | 2011-02-28 | $20.9M | −$2.5M | −10.81% |
| Q3 2010 | 2010-08-31 | $21.9M | −$437,000 | −1.95% |
| Q2 2010 | 2010-05-31 | $23.2M | — | — |
| Q1 2010 | 2010-02-28 | $23.4M | — | — |
| Q3 2009 | 2009-08-31 | $22.4M | — | — |
Progress Software r&d spending trends
Over the last five fiscal years, Progress Software's r&d spending increased from $88.6M to $192.3M, a change of $103.7M. The latest reported quarter, Q2 2026, shows $48.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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