Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 79.66% is in line with its 5-year average of 82.73%, around the middle of its 5-year range (71.96%–86.39%).
0.31% below its 12-month average of 79.91%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-08-31): 82.74%.
GROSS MARGIN
79.66%
GROSS MARGIN AVG TTM
79.91%
GROSS MARGIN AVG 3Y
81.76%
GROSS MARGIN AVG 5Y
82.73%
GROSS MARGIN AVG 10Y
83.03%
GROSS MARGIN AVG 15Y
83.58%
GROSS MARGIN AVG 20Y
82.62%
CURRENT VS TTM AVG
-0.31%
CURRENT VS 3Y AVG
-2.56%
CURRENT VS 5Y AVG
-3.71%
CURRENT VS 10Y AVG
-4.06%
CURRENT VS 15Y AVG
-4.69%
CURRENT VS 20Y AVG
-3.58%
SECTOR MEDIAN · TECHNOLOGY
47.73%
median of 636 covered companies
CURRENT VS SECTOR MEDIAN
+66.88%
vs the sector median at left
Progress Software Corporation
Market Cap
$1.53B
Gross Margin
79.66%
TTM Avg
79.91%
3Y Avg
81.76%
5Y Avg
82.73%
Market Cap
$1.52B
Gross Margin
32.45%
TTM Avg
35.41%
3Y Avg
35.68%
5Y Avg
35.53%
Market Cap
$1.51B
Gross Margin
57.01%
TTM Avg
58.37%
3Y Avg
56.05%
5Y Avg
55.34%
Market Cap
$1.51B
Gross Margin
40.64%
TTM Avg
40.56%
3Y Avg
37.36%
5Y Avg
40.64%
Market Cap
$1.49B
Gross Margin
50.67%
TTM Avg
52.29%
3Y Avg
42.80%
5Y Avg
42.80%
Market Cap
$1.58B
Gross Margin
16.45%
TTM Avg
56.26%
3Y Avg
67.32%
5Y Avg
67.32%
Market Cap
$1.46B
Gross Margin
31.55%
TTM Avg
26.91%
3Y Avg
25.02%
5Y Avg
25.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Progress Software Corporation (PRGS) | $1.53B | 79.66% | 79.91% | 81.76% | 82.73% |
| Concentrix Corporation (CNXC)vs › | $1.52B | 32.45% | 35.41% | 35.68% | 35.53% |
| Alkami Technology, Inc. (ALKT)vs › | $1.51B | 57.01% | 58.37% | 56.05% | 55.34% |
| Pagaya Technologies Ltd. (PGY)vs › | $1.51B | 40.64% | 40.56% | 37.36% | 40.64% |
| Mega Fortune Company Limited (MGRT)vs › | $1.49B | 50.67% | 52.29% | 42.80% | 42.80% |
| Wealthfront Corporation (WLTH)vs › | $1.58B | 16.45% | 56.26% | 67.32% | 67.32% |
| Corsair Gaming, Inc. (CRSR)vs › | $1.46B | 31.55% | 26.91% | 25.02% | 25.73% |
| PicS N.V. (PICS)vs › | $1.61B | 50.81% | 53.25% | 56.29% | 57.75% |
| Marqeta, Inc. (MQ)vs › | $1.62B | 11.15% | 40.28% | 43.01% | 42.91% |
| EverCommerce Inc. (EVCM)vs › | $1.64B | 75.29% | 72.44% | 68.92% | 68.08% |
Gross Margin
79.7%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-08-31 | 82.74% |
| 2026-05-31 | 82.30% |
| 2026-02-28 | 71.96% |
| 2025-11-30 | 81.59% |
| 2025-08-31 | 80.97% |
| 2025-05-31 | 80.08% |
| 2025-02-28 | 80.58% |
| 2024-11-30 | 83.00% |
| 2024-08-31 | 83.73% |
| 2024-05-31 | 81.68% |
| 2024-02-29 | 82.24% |
| 2023-11-30 | 80.98% |
| 2023-08-31 | 81.19% |
| 2023-05-31 | 81.05% |
| 2023-02-28 | 84.04% |
| 2022-11-30 | 85.02% |
| 2022-08-31 | 84.26% |
| 2022-05-31 | 83.89% |
| 2022-02-28 | 83.98% |
| 2021-11-30 | 84.96% |
| 2021-08-31 | 86.39% |
| 2021-05-31 | 84.24% |
| 2021-02-28 | 85.17% |
| 2020-11-30 | 85.10% |
| 2020-08-31 | 86.57% |
| 2020-05-31 | 85.80% |
| 2020-02-29 | 86.43% |
| 2019-11-30 | 82.26% |
| 2019-08-31 | 80.49% |
| 2019-05-31 | 82.39% |
| 2019-02-28 | 82.09% |
| 2018-11-30 | 84.97% |
| 2018-08-31 | 79.33% |
| 2018-05-31 | 79.31% |
| 2018-02-28 | 83.48% |
| 2017-11-30 | 84.53% |
| 2017-08-31 | 81.43% |
| 2017-05-31 | 81.37% |
| 2017-02-28 | 82.68% |
| 2016-11-30 | 85.95% |
| 2016-08-31 | 83.15% |
| 2016-05-31 | 83.11% |
| 2016-02-29 | 82.40% |
| 2015-11-30 | 86.48% |
| 2015-08-31 | 84.01% |
| 2015-05-31 | 82.27% |
| 2015-02-28 | 78.34% |
| 2014-11-30 | 88.62% |
| 2014-08-31 | 90.08% |
| 2014-05-31 | 90.87% |
| 2014-02-28 | 89.43% |
| 2013-11-30 | 91.10% |
| 2013-08-31 | 89.02% |
| 2013-05-31 | 89.61% |
| 2013-02-28 | 82.73% |
| 2012-11-30 | 23.28% |
| 2012-08-31 | 60.54% |
| 2012-05-31 | 57.17% |
| 2012-02-29 | 61.53% |
| 2011-11-30 | 80.78% |
| 2011-08-31 | 77.66% |
| 2011-05-31 | 80.58% |
| 2011-02-28 | 82.03% |
| 2010-11-30 | 82.52% |
| 2010-08-31 | 80.81% |
| 2010-05-31 | 80.24% |
| 2010-02-28 | 81.18% |
| 2009-11-30 | 82.67% |
| 2009-08-31 | 81.14% |
| 2009-05-31 | 80.70% |
| 2009-02-28 | 79.83% |
| 2008-11-30 | 82.90% |
| 2008-08-31 | 82.04% |
| 2008-05-31 | 82.26% |
| 2008-02-29 | 81.40% |
| 2007-11-30 | 82.78% |
| 2007-08-31 | 82.33% |
| 2007-05-31 | 82.24% |
| 2007-02-28 | 82.27% |
| 2006-11-30 | 83.18% |
| 2006-08-31 | 82.64% |
| 2006-05-31 | 82.72% |
| 2006-02-28 | 82.71% |
| 2005-11-30 | 84.72% |
| 2005-08-31 | 83.07% |
| 2005-05-31 | 83.00% |
| 2005-02-28 | 83.64% |
| 2004-11-30 | 84.68% |
| 2004-08-31 | 83.30% |
| 2004-05-31 | 82.09% |
| 2004-02-29 | 82.15% |
| 2003-11-30 | 80.58% |
| 2003-08-31 | 80.45% |
| 2003-05-31 | 80.37% |
| 2003-02-28 | 78.50% |
| 2002-11-30 | 76.51% |
