Progress Software Corporation (PRGS) Earnings History
Earnings Pressure35 years of earnings data (1991–2025) · 5-year EPS trend is negative
Loading earnings history...
Progress Software Corporation (PRGS) Earnings Overview
As of June 22, 2026, Progress Software Corporation (PRGS) reported trailing twelve-month net income of $73M, reflecting +7.8% year-over-year growth. The company earned $1.66 per diluted share over the past four quarters, with a net profit margin of 7.5%.
Looking at the long-term picture, PRGS's 5-year EPS compound annual growth rate (CAGR) stands at -1.2%, signaling declining earnings. The company achieved its highest annual net income of $95M in fiscal 2022.
Progress Software Corporation maintains positive profitability with a gross margin of 80.8%, operating margin of 15.7%, and net margin of 7.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including GWRE ($160M net income, 5.8% margin), PDFS ($7M net income, -0.3% margin), PEGA ($341M net income, 22.5% margin), PRGS has outperformed on profitability metrics. Compare PRGS vs GWRE →
PRGS Earnings vs Peers
Earnings metrics vs comparable public companies
PRGS Historical Earnings Data (1991–2025)
35 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $73M | +6.9% | $153M | $1.66 | 7.5% | 15.7% |
| 2024 | $68M | -2.5% | $124M | $1.54 | 9.1% | 16.5% |
| 2023 | $70M | -26.2% | $111M | $1.57 | 10.1% | 15.9% |
| 2022 | $95M | +21.2% | $132M | $2.15 | 15.8% | 21.9% |
| 2021 | $78M | -1.6% | $116M | $1.76 | 14.8% | 21.9% |
| 2020 | $80M | +202.0% | $108M | $1.76 | 18.0% | 24.4% |
| 2019 | $26M | -58.4% | $40M | $0.58 | 6.4% | 9.7% |
| 2018 | $63M | +69.7% | $68M | $1.38 | 16.0% | 17.1% |
| 2017 | $37M | +167.1% | $57M | $0.77 | 9.4% | 14.5% |
| 2016 | -$56M | -533.2% | -$30M | $-1.13 | -13.7% | -7.3% |
| 2015 | -$9M | -117.8% | $15M | $-0.17 | -2.3% | 3.9% |
| 2014 | $49M | -34.0% | $81M | $0.96 | 14.9% | 24.3% |
| 2013 | $75M | +57.9% | $64M | $1.35 | 22.4% | 19.1% |
| 2012 | $47M | -19.3% | $68M | $0.74 | 14.2% | 20.2% |
| 2011 | $59M | +21.0% | $109M | $0.87 | 11.0% | 20.4% |
| 2010 | $49M | +48.3% | $91M | $0.73 | 9.2% | 17.3% |
| 2009 | $33M | -29.2% | $51M | $0.53 | 6.6% | 10.3% |
| 2008 | $46M | +9.5% | $64M | $0.72 | 9.0% | 12.5% |
| 2007 | $42M | +43.8% | $57M | $0.64 | 8.6% | 11.6% |
| 2006 | $29M | -39.9% | $41M | $0.45 | 6.6% | 9.2% |
| 2005 | $49M | +52.4% | $60M | $0.79 | 12.1% | 14.8% |
| 2004 | $32M | +18.6% | $46M | $0.51 | 8.9% | 12.8% |
| 2003 | $27M | +31.5% | $37M | $0.43 | 8.8% | 11.9% |
| 2002 | $21M | +16.7% | $28M | $0.36 | 7.5% | 10.3% |
| 2001 | $18M | -47.6% | $21M | $0.31 | 6.7% | 8.1% |
| 2000 | $34M | -3.9% | $39M | $0.57 | 12.4% | 14.3% |
| 1999 | $35M | +53.5% | $47M | $0.60 | 12.2% | 16.3% |
| 1998 | $23M | +1525.0% | $30M | $0.39 | 9.5% | 12.5% |
| 1997 | -$2M | -129.1% | $9M | $-0.03 | -0.8% | 4.9% |
| 1996 | $6M | -67.1% | $5M | $0.09 | 3.1% | 2.5% |
| 1995 | $17M | +16.0% | $23M | $0.27 | 9.3% | 12.9% |
| 1994 | $14M | +11.6% | $20M | $0.25 | 10.3% | 14.2% |
| 1993 | $13M | +34.4% | $17M | $0.23 | 11.6% | 15.6% |
| 1992 | $10M | +57.4% | $13M | $0.17 | 11.3% | 15.4% |
| 1991 | $6M | - | $9M | $0.12 | 10.5% | 14.8% |
Download Data
Export PRGS earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
35+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PRGS — Frequently Asked Questions
Quick answers to the most common questions about buying PRGS stock.
What is PRGS earnings per share (EPS)?
PRGS trailing twelve-month (TTM) diluted EPS is $1.66, reflecting +7.8% year-over-year growth. The 5-year EPS CAGR is -1.2%. Complete EPS history from 1991 to 2025 is available in the table on this page.
What is Progress Software Corporation's net income?
Progress Software Corporation (PRGS) trailing twelve-month net income is $73M as of 2025. Earnings grew +7.8% year-over-year. Progress Software Corporation has been profitable for 9 consecutive years.
Is PRGS profitable?
Yes, PRGS is profitable with a TTM net income of $73M and a net profit margin of +7.5%. Progress Software Corporation has generated profits for 9 consecutive years.
What is PRGS's earnings growth rate?
PRGS compound annual EPS growth rates (CAGR): 1-Year: +7.8%, 3-Year: -8.3%, 5-Year: -1.2%, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1991 to 2025.
What are PRGS's profit margins?
Progress Software Corporation net profit margin is +7.5%, operating margin is +15.7%, and gross margin is +80.8%. Margins are within a typical range for the sector. Return on Equity is +15.9%.
Is PRGS growing earnings?
PRGS is growing earnings steadily. YoY EPS growth of +7.8% is consistent with the 5-year CAGR of -1.2%. TTM net income is $73M.
What was PRGS's best earnings year?
Progress Software Corporation's highest annual net income on record is $95M, achieved in fiscal year 2022. Earnings history on this page spans 1991 to 2025 and includes all annual and quarterly figures.
What were PRGS's earnings last quarter?
PRGS's most recent reported quarter was Q4 2025. Net income was $26M with diluted EPS of $0.59. For a full breakdown of all quarters, see the quarterly earnings table on this page.