Progress Software (PRGS) r&d spend was $192M in FY2025 (+31% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$192M
+31%
2024
$146M
+11%
2023
$132M
+16%
2022
$115M
+11%
2021
$103M
+17%
2020
$89M
+0%
2019
$89M
+11%
2018
$80M
+4%
2017
$77M
-13%
2016
$89M
+2%
2015
$87M
+47%
2014
$59M
+3%
2013
$57M
+29%
2012
$44M
+16%
2011
$38M
-24%
2010
$50M
-46%
2009
$93M
+6%
2008
$88M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q3 2026
$46M
Q2 2026
$49M
Q1 2026
$50M
Q4 2025
$50M
Q3 2025
$49M
Q2 2025
$47M
Q1 2025
$46M
Q4 2024
$41M
Q3 2024
$35M
Q2 2024
$35M
Q1 2024
$35M
Q4 2023
$34M
Source: PRGS on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.