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Progress Software Corporation(PRGS)Earnings, Financials & Key Ratios
PRGS•NASDAQ
$28.18
$1.19B mkt cap·17.0× P/E·Price updated May 6, 2026
AboutProgress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.Show more
- Revenue$978M+29.8%
- EBITDA$160M-29.7%
- Net Income$73M+6.9%
- EPS (Diluted)1.66+7.8%
- Gross Margin80.82%-2.3%
- EBITDA Margin16.31%-45.9%
- Operating Margin15.68%-4.8%
- Net Margin7.48%-17.7%
- ROE15.95%+4.7%
- ROIC7.38%+17.5%
- Debt/Equity1.78-50.0%
- Interest Coverage2.16-44.1%
PRGS Key Insights
Progress Software Corporation (PRGS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 23.5% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 17.2%
- ✓Good 3Y average ROE of 15.8%
- ✓Healthy 5Y average net margin of 11.4%
✗Weaknesses
- ✗Weak momentum: RS Rating 10 (bottom 10%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PRGS Price & Volume
Progress Software Corporation (PRGS) stock price & volume — 10-year historical chart
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PRGS Growth Metrics
Progress Software Corporation (PRGS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.98%
5 Years17.2%
3 Years17.55%
TTM29.79%
Profit CAGR
10 Years-
5 Years-1.71%
3 Years-8.37%
TTM6.86%
EPS CAGR
10 Years-
5 Years-1.16%
3 Years-8.26%
TTM6.73%
Return on Capital
10 Years9.3%
5 Years10.06%
3 Years8.38%
Last Year8.24%
PRGS Recent Earnings
Progress Software Corporation (PRGS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Mar 30, 2026EPS
$1.60
Est $1.57
+1.9%
Revenue
$248M
Est $246M
+0.6%
Q1 2026
Jan 20, 2026EPS
$1.51
Est $1.31
+15.3%
Revenue
$253M
Est $253M
-0.1%
Q4 2025
Sep 29, 2025EPS
$1.50
Est $1.30
+15.4%
Revenue
$250M
Est $240M
+4.0%
Q3 2025
Jun 30, 2025EPS
$1.40
Est $1.30
+7.7%
Revenue
$237M
Est $240M
-1.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 30, 2026 | $1.60vs $1.57+1.9% | $248Mvs $246M+0.6% |
| Q1 2026 | Jan 20, 2026 | $1.51vs $1.31+15.3% | $253Mvs $253M-0.1% |
| Q4 2025 | Sep 29, 2025 | $1.50vs $1.30+15.4% | $250Mvs $240M+4.0% |
| Q3 2025 | Jun 30, 2025 | $1.40vs $1.30+7.7% | $237Mvs $240M-1.1% |
Based on last 12 quarters of dataView full earnings history →
PRGS Peer Comparison
Progress Software Corporation (PRGS) competitors in Developer tools and DevOps platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GWRE | 11.08B | 131.09 | 161.84 | 22.64% | 14.11% | 12.92% | 0.49 | |
 PDFS | 1.9B | 48.16 | 481.60 | 8.22% | -0.03% | -0.02% | 0.02 | |
 PEGA | 6.15B | 36.37 | 17.08 | 16.61% | 20.04% | 50.21% | 0.10 | |
 APPN | 1.72B | 23.18 | 1159 | 17.81% | -1.06% | |||
 MSFT | 3.07T | 413.87 | 30.34 | 14.93% | 39.34% | 33.13% | 0.33 | |
 ORCL | 557.72B | 193.99 | 44.70 | 8.38% | 25.3% | 56.31% | 4.96 | |
 IBM | 211.75B | 225.74 | 20.21 | 7.62% | 15.61% | 35.44% | 2.05 | |
 DDOG | 46.77B | 143.71 | 479.03 | 27.68% | 3.14% | 2.89% | 0.41 |
Compare PRGS vs Peers
Progress Software Corporation (PRGS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PRGS Income Statement
Progress Software Corporation (PRGS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 397.57M | 397.17M | 413.3M | 442.15M | 531.31M | 602.01M | 694.44M | 753.41M | 977.83M |
| Revenue Growth % | -1.92% | -0.1% | 4.06% | 6.98% | 20.17% | 13.31% | 15.35% | 8.49% | 29.79% |
| Cost of Goods Sold | 69.16M | 66.97M | 75.24M | 62.11M | 78.45M | 94.5M | 126.58M | 130.48M | 187.58M |
| COGS % of Revenue | 17.4% | 16.86% | 18.2% | 14.05% | 14.77% | 15.7% | 18.23% | 17.32% | 19.18% |
| Gross Profit | 320M▲ 0% | 312.01M▼ 2.5% | 338.06M▲ 8.3% | 380.04M▲ 12.4% | 452.86M▲ 19.2% | 507.52M▲ 12.1% | 567.86M▲ 11.9% | 622.93M▲ 9.7% | 790.25M▲ 26.9% |
| Gross Margin % | 80.49% | 78.56% | 81.8% | 85.95% | 85.23% | 84.3% | 81.77% | 82.68% | 80.82% |
| Gross Profit Growth % | -5.78% | -2.5% | 8.35% | 12.42% | 19.16% | 12.07% | 11.89% | 9.7% | 26.86% |
| Operating Expenses | 238.84M | 236.54M | 265.89M | 272.31M | 336.76M | 375.39M | 457.34M | 498.92M | 636.96M |
| OpEx % of Revenue | 60.07% | 59.56% | 64.33% | 61.59% | 63.38% | 62.36% | 65.86% | 66.22% | 65.14% |
| Selling, General & Admin | 144.1M | 143.56M | 155.06M | 154.12M | 191.02M | 218.64M | 239.23M | 254.09M | 319.23M |
| SG&A % of Revenue | 36.25% | 36.15% | 37.52% | 34.86% | 35.95% | 36.32% | 34.45% | 33.73% | 32.65% |
| Research & Development | 76.99M | 79.74M | 88.57M | 88.6M | 103.34M | 114.57M | 132.4M | 146.34M | 192.26M |
| R&D % of Revenue | 19.36% | 20.08% | 21.43% | 20.04% | 19.45% | 19.03% | 19.07% | 19.42% | 19.66% |
| Other Operating Expenses | 13.04M | 13.24M | 22.25M | 29.59M | 42.41M | 42.18M | 85.7M | 98.49M | 125.47M |
| Operating Income | 57.49M▲ 0% | 67.81M▲ 18.0% | 40.08M▼ 40.9% | 107.73M▲ 168.8% | 116.1M▲ 7.8% | 132.13M▲ 13.8% | 110.52M▼ 16.4% | 124M▲ 12.2% | 153.29M▲ 23.6% |
| Operating Margin % | 14.46% | 17.07% | 9.7% | 24.36% | 21.85% | 21.95% | 15.92% | 16.46% | 15.68% |
| Operating Income Growth % | 293.51% | 17.96% | -40.89% | 168.76% | 7.77% | 13.81% | -16.35% | 12.2% | 23.62% |
| EBITDA | 100.39M | 112.32M | 96.76M | 142.49M | 169.09M | 206.86M | 213.67M | 227.05M | 159.52M |
| EBITDA Margin % | 25.25% | 28.28% | 23.41% | 32.23% | 31.82% | 34.36% | 30.77% | 30.14% | 16.31% |
| EBITDA Growth % | 944.38% | 11.88% | -13.85% | 47.26% | 18.66% | 22.34% | 3.29% | 6.26% | -29.74% |
| D&A (Non-Cash Add-back) | 42.9M | 44.5M | 56.68M | 34.77M | 52.98M | 74.73M | 103.15M | 103.04M | 6.23M |
| EBIT | 70.22M | 65.94M | 38.41M | 106.81M | 115.58M | 133.04M | 110.44M | 126.28M | 153.29M |
| Net Interest Income | -3.71M | -3.93M | -8.77M | -8.68M | -19.27M | -14.38M | -28.24M | -27.28M | -69.09M |
| Interest Income | 921K | 1.22M | 1.14M | 1.5M | 777K | 1.41M | 2.54M | 4.73M | 1.76M |
| Interest Expense | 4.63M | 5.15M | 9.91M | 10.17M | 20.05M | 15.79M | 30.78M | 32.01M | 70.85M |
| Other Income/Expense | -5.03M | -7.02M | -11.59M | -11.09M | -20.57M | -14.88M | -30.87M | -29.74M | -71.66M |
| Pretax Income | 52.46M▲ 0% | 60.8M▲ 15.9% | 28.5M▼ 53.1% | 96.64M▲ 239.1% | 95.53M▼ 1.1% | 117.25M▲ 22.7% | 79.66M▼ 32.1% | 94.26M▲ 18.3% | 81.63M▼ 13.4% |
| Pretax Margin % | 13.2% | 15.31% | 6.89% | 21.86% | 17.98% | 19.48% | 11.47% | 12.51% | 8.35% |
| Income Tax | 28.17M | 15.49M | 2.1M | 16.91M | 17.11M | 22.19M | 9.46M | 25.83M | 8.49M |
| Effective Tax Rate % | 53.69% | 25.48% | 7.35% | 17.5% | 17.91% | 18.92% | 11.88% | 27.4% | 10.41% |
| Net Income | 37.42M▲ 0% | 63.49M▲ 69.7% | 26.4M▼ 58.4% | 79.72M▲ 202.0% | 78.42M▼ 1.6% | 95.07M▲ 21.2% | 70.2M▼ 26.2% | 68.44M▼ 2.5% | 73.13M▲ 6.9% |
| Net Margin % | 9.41% | 15.99% | 6.39% | 18.03% | 14.76% | 15.79% | 10.11% | 9.08% | 7.48% |
| Net Income Growth % | 167.14% | 69.68% | -58.42% | 201.98% | -1.63% | 21.23% | -26.16% | -2.51% | 6.86% |
| Net Income (Continuing) | 37.42M | 49.67M | 26.4M | 79.72M | 78.42M | 95.07M | 70.2M | 68.44M | 73.13M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.77▲ 0% | 1.38▲ 79.2% | 0.58▼ 58.0% | 1.76▲ 203.4% | 1.76▲ 0.0% | 2.15▲ 22.2% | 1.57▼ 27.0% | 1.54▼ 1.9% | 1.66▲ 7.8% |
| EPS Growth % | 168.14% | 79.22% | -57.97% | 203.45% | 0% | 22.16% | -26.98% | -1.91% | 7.79% |
| EPS (Basic) | 0.78 | 1.39 | 0.59 | 1.78 | 1.79 | 2.19 | 1.62 | 1.58 | 1.70 |
| Diluted Shares Outstanding | 48.52M | 46.13M | 45.34M | 45.32M | 44.62M | 44.25M | 44.66M | 44.43M | 44.02M |
| Basic Shares Outstanding | 48.13M | 45.56M | 44.79M | 44.89M | 43.92M | 43.48M | 43.46M | 43.27M | 43M |
| Dividend Payout Ratio | 64.48% | 40.62% | 105.15% | 37.51% | 40.25% | 32.67% | 44.95% | 45.97% | 1.07% |
PRGS Balance Sheet
Progress Software Corporation (PRGS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 263.41M | 228.82M | 284.67M | 238.94M | 337.81M | 426.05M | 330.79M | 368.81M | 399.96M |
| Cash & Short-Term Investments | 183.61M | 139.51M | 173.69M | 106M | 157.37M | 256.28M | 126.96M | 118.08M | 94.81M |
| Cash Only | 133.46M | 105.13M | 154.26M | 97.99M | 155.41M | 256.28M | 126.96M | 118.08M | 94.81M |
| Short-Term Investments | 50.15M | 34.39M | 19.43M | 8.01M | 1.97M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 61.21M | 61.14M | 83.7M | 108.96M | 125.63M | 126.99M | 155.79M | 198.25M | 272.33M |
| Days Sales Outstanding | 56.2 | 56.18 | 73.92 | 89.95 | 86.31 | 77 | 81.88 | 96.04 | 101.65 |
| Inventory | 0 | 5.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | 31.48 | - | - | - | - | - | - | - |
| Other Current Assets | 18.59M | 30.86M | 27.28M | 23.98M | 54.8M | 42.78M | 48.04M | 52.49M | 32.83M |
| Total Non-Current Assets | 455.31M | 411.79M | 596.61M | 802.85M | 1.03B | 985.43M | 1.27B | 2.16B | 2.06B |
| Property, Plant & Equipment | 42.26M | 30.71M | 29.77M | 60.45M | 39.6M | 32.5M | 33.94M | 44.64M | 39.54M |
| Fixed Asset Turnover | 9.41x | 12.93x | 13.89x | 7.31x | 13.42x | 18.52x | 20.46x | 16.88x | 24.73x |
| Goodwill | 315.04M | 314.99M | 432.82M | 491.73M | 671.15M | 671.04M | 832.1M | 1.29B | 1.31B |
| Intangible Assets | 94.89M | 58.92M | 99.39M | 212.75M | 287.19M | 217.35M | 354.28M | 723.57M | 584.03M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.99M | 7.05M | 16.02M | 23.43M | 26.38M | 52.77M | 36.63M | 41.59M | 47.63M |
| Total Assets | 718.72M▲ 0% | 640.61M▼ 10.9% | 881.27M▲ 37.6% | 1.04B▲ 18.2% | 1.36B▲ 30.9% | 1.41B▲ 3.5% | 1.6B▲ 13.6% | 2.53B▲ 57.7% | 2.46B▼ 2.7% |
| Asset Turnover | 0.55x | 0.62x | 0.47x | 0.42x | 0.39x | 0.43x | 0.43x | 0.30x | 0.40x |
| Asset Growth % | -4.78% | -10.87% | 37.57% | 18.21% | 30.89% | 3.52% | 13.55% | 57.66% | -2.74% |
| Total Current Liabilities | 208.02M | 196.02M | 240.88M | 262.54M | 322.93M | 318M | 352.12M | 455.14M | 809.73M |
| Accounts Payable | 9M | 10.59M | 10.6M | 9.98M | 9.68M | 9.28M | 12.37M | 13.91M | 15.93M |
| Days Payables Outstanding | 47.5 | 57.73 | 51.44 | 58.63 | 45.05 | 35.85 | 35.67 | 38.91 | 31 |
| Short-Term Debt | 5.82M | 5.82M | 10.72M | 18.24M | 25.77M | 6.23M | 13.11M | 0 | 0 |
| Deferred Revenue (Current) | 132.54M | 133.19M | 157.49M | 166.39M | 205.02M | 227.67M | 236.09M | 332.14M | 324.75M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 460.56M |
| Current Ratio | 1.27x | 1.17x | 1.18x | 0.91x | 1.05x | 1.34x | 0.94x | 0.81x | 0.49x |
| Quick Ratio | 1.27x | 1.14x | 1.18x | 0.91x | 1.05x | 1.34x | 0.94x | 0.81x | 0.49x |
| Cash Conversion Cycle | - | 29.93 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 134.62M | 134.51M | 310.1M | 433.23M | 628.12M | 694.97M | 790.95M | 1.63B | 1.17B |
| Long-Term Debt | 116.09M | 110.27M | 284M | 364.26M | 534.53M | 611.85M | 710.88M | 1.53B | 821.43M |
| Capital Lease Obligations | 0 | 0 | 0 | 26.97M | 23.13M | 15.04M | 13M | 26.26M | 21.08M |
| Deferred Tax Liabilities | 2.81M | 3.8M | 3K | 0 | 14.16M | 4.63M | 3.57M | 2.28M | 1.16M |
| Other Non-Current Liabilities | 5.97M | 5.32M | 6.35M | 15.09M | 8.94M | 8.69M | 4.55M | 5.96M | 225.59M |
| Total Liabilities | 342.63M | 330.53M | 550.99M | 695.77M | 951.05M | 1.01B | 1.14B | 2.09B | 1.98B |
| Total Debt | 121.91M | 116.09M | 294.72M | 416.48M | 591.35M | 640.59M | 747.11M | 1.56B | 850.99M |
| Net Debt | -11.55M | 10.96M | 140.46M | 318.49M | 435.94M | 384.31M | 620.15M | 1.44B | 756.19M |
| Debt / Equity | 0.32x | 0.37x | 0.89x | 1.20x | 1.43x | 1.61x | 1.63x | 3.56x | 1.78x |
| Debt / EBITDA | 1.21x | 1.03x | 3.05x | 2.92x | 3.50x | 3.10x | 3.50x | 6.88x | 5.33x |
| Net Debt / EBITDA | -0.12x | 0.10x | 1.45x | 2.24x | 2.58x | 1.86x | 2.90x | 6.36x | 4.74x |
| Interest Coverage | 12.41x | 13.17x | 4.04x | 10.59x | 5.79x | 8.37x | 3.59x | 3.87x | 2.16x |
| Total Equity | 376.08M▲ 0% | 310.08M▼ 17.5% | 330.28M▲ 6.5% | 346.01M▲ 4.8% | 412.49M▲ 19.2% | 398.5M▼ 3.4% | 459.71M▲ 15.4% | 438.79M▼ 4.6% | 478.35M▲ 9.0% |
| Equity Growth % | -7.51% | -17.55% | 6.51% | 4.76% | 19.21% | -3.39% | 15.36% | -4.55% | 9.02% |
| Book Value per Share | 7.75 | 6.72 | 7.28 | 7.63 | 9.24 | 9.01 | 10.29 | 9.88 | 10.87 |
| Total Shareholders' Equity | 376.08M | 310.08M | 330.28M | 346.01M | 412.49M | 398.5M | 459.71M | 438.79M | 478.35M |
| Common Stock | 249.84M | 267.05M | 450K | 442K | 441K | 433K | 438K | 434K | 423K |
| Retained Earnings | 126.25M | 43.03M | 64.3M | 72.55M | 90.26M | 101.66M | 120.86M | 120.41M | 127.37M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -19M | -28.21M | -29.97M | -32.78M | -32.44M | -35.23M | -32.16M | -36.21M | -33.14M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PRGS Cash Flow Statement
Progress Software Corporation (PRGS) cash flow — operating, investing & free cash flow history
| Line item | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 105.69M | 121.35M | 128.48M | 144.85M | 178.53M | 192.16M | 173.92M | 211.49M | 235.19M |
| Operating CF Margin % | 26.58% | 30.55% | 31.09% | 32.76% | 33.6% | 31.92% | 25.04% | 28.07% | 24.05% |
| Operating CF Growth % | 2.76% | 14.82% | 5.88% | 12.74% | 23.25% | 7.63% | -9.49% | 21.6% | 11.2% |
| Net Income | 37.42M | 63.49M | 26.4M | 79.72M | 78.42M | 95.07M | 70.2M | 68.44M | 73.13M |
| Depreciation & Amortization | 42.9M | 44.5M | 56.68M | 34.77M | 61.18M | 76.84M | 103.15M | 103.04M | 151.72M |
| Stock-Based Compensation | 14.15M | 20.57M | 23.31M | 23.48M | 29.72M | 37.09M | 40.53M | 46.76M | 64.77M |
| Deferred Taxes | 474K | 2.04M | -14.87M | -2.62M | -908K | -7.6M | -28.64M | -7.75M | -23.43M |
| Other Non-Cash Items | -442K | 5.8M | 25.02M | 8.91M | 10.67M | -2.21M | 12.03M | 15.79M | 21.53M |
| Working Capital Changes | 11.19M | -15.04M | 11.95M | 591K | -556K | -7.03M | -23.34M | -14.79M | -52.54M |
| Change in Receivables | 6.44M | 2.07M | -24.66M | 10.68M | -36.76M | -27.25M | 12.12M | -45.88M | -46.57M |
| Change in Inventory | 3.71M | -13.22M | 24.66M | -10.68M | 245K | -1.56M | 2.49M | 0 | 0 |
| Change in Payables | 673K | -11.84M | 9.12M | -4.97M | 5.49M | -3.58M | -1.24M | 28.92M | -798K |
| Cash from Investing | -80.53M | 7.59M | -223.15M | -207.29M | -250.34M | 21.99M | -360.38M | -857.91M | -26.92M |
| Capital Expenditures | -3.38M | -7.25M | -4M | -6.52M | -4.65M | -6.09M | -5.57M | -5.21M | -5.7M |
| CapEx % of Revenue | 0.85% | 1.83% | 0.97% | 1.47% | 0.88% | 1.01% | 0.8% | 0.69% | 0.58% |
| Acquisitions | -77.15M | 0 | -225.3M | -213.06M | -253.96M | 26M | -355.25M | -852.7M | -21.22M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 8.82M | 14.84M | -8.62M | 889K | 2.33M | 26.13M | 0 | 0 | 0 |
| Cash from Financing | -103.31M | -146.77M | 130.29M | 3.08M | 132.11M | -101.42M | 51.19M | 640.82M | -238.37M |
| Debt Issued (Net) | -11.25M | -6.19M | 179.68M | 87.21M | 232.79M | 602K | 103.13M | 797.5M | 0 |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | -24.13M | -25.79M | -27.76M | -29.9M | -31.56M | -31.06M | -31.55M | -31.46M | -786K |
| Share Repurchases | -73.94M | -120M | -25M | -60M | -35M | -77.04M | -33.96M | -86.78M | -105.16M |
| Other Financing | -270K | 5.21M | 7.65M | 11.1M | -28.93M | -10.09M | 25.96M | -66.2M | -132.43M |
| Net Change in Cash | -73.57M▲ 0% | -28.34M▲ 61.5% | 49.13M▲ 273.4% | -56.27M▼ 214.5% | 57.42M▲ 202.0% | 100.87M▲ 75.7% | -129.32M▼ 228.2% | -8.88M▲ 93.1% | -23.27M▼ 162.0% |
| Free Cash Flow | 102.31M▲ 0% | 114.1M▲ 11.5% | 124.49M▲ 9.1% | 138.33M▲ 11.1% | 173.88M▲ 25.7% | 186.07M▲ 7.0% | 168.35M▼ 9.5% | 206.29M▲ 22.5% | 229.49M▲ 11.2% |
| FCF Margin % | 25.73% | 28.73% | 30.12% | 31.29% | 32.73% | 30.91% | 24.24% | 27.38% | 23.47% |
| FCF Growth % | 5.41% | 11.53% | 9.1% | 11.12% | 25.7% | 7.01% | -9.52% | 22.54% | 11.24% |
| FCF per Share | 2.11 | 2.47 | 2.75 | 3.05 | 3.90 | 4.21 | 3.77 | 4.64 | 5.21 |
| FCF Conversion (FCF/Net Income) | 2.82x | 1.91x | 4.87x | 1.82x | 2.28x | 2.02x | 2.48x | 3.09x | 3.22x |
| Interest Paid | 3.6M | 4.22M | 8.67M | 9.18M | 8.54M | 8.57M | 39.77M | 21.77M | 0 |
| Taxes Paid | 25.99M | 25.45M | 16.34M | 16.11M | 25.91M | 28.68M | 39.77M | 32.39M | 3.17M |
PRGS Key Ratios
Progress Software Corporation (PRGS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -12% | 9.56% | 18.51% | 8.25% | 23.58% | 20.68% | 23.45% | 16.36% | 15.23% | 15.95% |
| Return on Invested Capital (ROIC) | -5.65% | 12.33% | 14.84% | 7.59% | 14.23% | 11.51% | 12.15% | 8.9% | 6.28% | 7.38% |
| Gross Margin | 83.79% | 80.49% | 78.56% | 81.8% | 85.95% | 85.23% | 84.3% | 81.77% | 82.68% | 80.82% |
| Net Margin | -13.75% | 9.41% | 15.99% | 6.39% | 18.03% | 14.76% | 15.79% | 10.11% | 9.08% | 7.48% |
| Debt / Equity | 0.33x | 0.32x | 0.37x | 0.89x | 1.20x | 1.43x | 1.61x | 1.63x | 3.56x | 1.78x |
| Interest Coverage | -7.11x | 12.41x | 13.17x | 4.04x | 10.59x | 5.79x | 8.37x | 3.59x | 3.87x | 2.16x |
| FCF Conversion | -1.85x | 2.82x | 1.91x | 4.87x | 1.82x | 2.28x | 2.02x | 2.48x | 3.09x | 3.22x |
| Revenue Growth | 7.36% | -1.92% | -0.1% | 4.06% | 6.98% | 20.17% | 13.31% | 15.35% | 8.49% | 29.79% |
PRGS SEC Filings & Documents
Progress Software Corporation (PRGS) SEC filings — annual & quarterly reports (10-K, 10-Q)
PRGS Frequently Asked Questions
Progress Software Corporation (PRGS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Progress Software Corporation (PRGS) reported $977.8M in revenue for fiscal year 2025. This represents a 453% increase from $176.7M in 1996.
Progress Software Corporation (PRGS) grew revenue by 29.8% over the past year. This is strong growth.
Yes, Progress Software Corporation (PRGS) is profitable, generating $73.1M in net income for fiscal year 2025 (7.5% net margin).
Dividend & Returns
Progress Software Corporation (PRGS) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Progress Software Corporation (PRGS) has a return on equity (ROE) of 15.9%. This is reasonable for most industries.
Progress Software Corporation (PRGS) generated $229.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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