As of June 13, 2025, Progress Software Corp (PRGS) reports a Gross Margin of 82.68%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Progress Software Corp's Gross Margin
Over recent years, Progress Software Corp's Gross Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-11-30 | 82.68% |
| 2023-11-30 | 81.77% |
| 2022-11-30 | 84.30% |
| 2021-11-30 | 85.24% |
| 2020-11-30 | 85.96% |
This slight downward trend highlights how Progress Software Corp manages its operational efficiency and pricing power over time.
Comparing Progress Software Corp's Gross Margin to Peers
To better understand Progress Software Corp's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Progress Software Corp (PRGS) | 82.68% |
| NortonLifeLock Inc (NLOK) | 85.41% |
| FalconStor Software Inc (FALC) | 84.48% |
| Qualys Inc (QLYS) | 81.65% |
| VMware Inc (VMW) | 81.41% |
| Absolute Software Corp (ABST.TO) | 81.36% |
Compared to its competitors, Progress Software Corp's Gross Margin is among the highest compared to peers, indicating superior product pricing power or cost efficiency in production.