PRGS (Progress Software) Total Operating Expense: $635 Mil (TTM As of May. 2026)

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PRGS Progress Software Corp PRGS
79 GF Score
Price $42.75
GF Value $78.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Total Operating Expense?

Progress Software PRGS -2.35% 79 Total Operating Expense is $635 Mil as of May. 2026. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review.

Progress Software's Total Operating Expense for the three months ended in May. 2026 was $162 Mil. Progress Software's Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was $635 Mil.

Progress Software Total Operating Expense Related Terms

Progress Software Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Progress Software's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progress Software Total Operating Expense Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 326.35 380.07 438.06 465.72 615.76

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147.95 156.01 162.71 154.59 161.58
PRGS
79GF Score
Progress Software Corp PRGS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Progress Software Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $635 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $635 Mil mean?
Progress Software (PRGS) has a Total Operating Expense of $635 Mil as of May. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Progress Software and its competitors.
Is Progress Software's Total Operating Expense too high?
Progress Software's current Total Operating Expense is $635 Mil. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Total Operating Expense compare to PICS and NN?
Progress Software's Total Operating Expense of $635 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Progress Software and its competitors. Progress Software's current Total Operating Expense is $635 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.75 — trading 45.8% below its estimated fair value. The current Total Operating Expense is $635 Mil. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Progress Software (PRGS), the current Total Operating Expense is $635 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progress Software (PRGS) Overvalued in 2026?

Based on GuruFocus' analysis, Progress Software stock appears to be undervalued. The current stock price of $42.75 is trading 45.8% below its estimated GF Value™ of $78.84. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for PRGS:

  • Total Operating Expense: $635 Mil
  • GF Value™: $78.84 vs. price of $42.75 (45.8% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Progress Software Business Description

Other Exchanges PRGS:MexicoPGR:Germany
Address 15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
79GF Score

Get the complete analysis for PRGS

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.75
Price
$78.84
GF Value