Progress Software Corporation

Progress Software Corporation

PRGSยทNASDAQ

$31.96

-6.1%
TechnologySoftware - Application

Progress 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.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS1.7000
P/E Ratio18.80
Earnings Date06/29/2026
3Y+62.0%
5Y+121.0%
10Y+141.0%
3Y-23.0%
5Y-8.0%
10Y-231.0%
3Y+22.0%
5Y+62.0%
10Y+129.0%
Progress Software Corporation

Progress Software Corporation Profit Bridge

PRGS ยท NASDAQ
Revenue977.83M
Cost of Goods Sold (187.58M)
Gross Profit790.25M
Operating Expenses (636.96M)
Operating Income153.29M
Interest Expense (70.85M)
Other Income/Expense-71.66M
Pretax Income81.63M
Income Tax (8.49M)
Net Income73.13M
Net Income
73.13M

Profitability Analysis

Gross Margin

80.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

15.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

7.5%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

10.4%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Progress Software Corporation Income Statement

PRGS โ€ข NASDAQ

Progress Software Corporation Income StatementNov 2025Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009Nov 2008Nov 2007Nov 2006
REVENUE
977.8M
753.4M
694.4M
602M
531.3M
442.2M
413.3M
397.2M
397.6M
405.3M
377.6M
332.5M
334M
335.2M
533.6M
529.1M
494.1M
515.6M
493.5M
447.1M
GROSS PROFIT
(187.6M)
(130.5M)
(126.6M)
(94.5M)
(78.4M)
(62.1M)
(75.2M)
(67M)
(69.2M)
(65.7M)
(63.7M)
(34.3M)
(35M)
(43.6M)
(103.3M)
(99.3M)
(93.2M)
(91.9M)
(86.8M)
(76.8M)
790.3M
622.9M
567.9M
507.5M
452.9M
380M
338.1M
330.2M
328.4M
339.6M
313.8M
298.3M
299M
291.6M
430.3M
429.8M
400.9M
423.7M
406.7M
370.3M
OPERATING INCOME
(637M)
(498.9M)
(457.3M)
(375.4M)
(336.8M)
(262.8M)
(265.9M)
(236.5M)
(234.1M)
(269.4M)
(281.8M)
(209.4M)
(220.1M)
(233.9M)
(336.9M)
(321.7M)
(344.1M)
(352.2M)
(349.5M)
(327.5M)
(319.2M)
(254.1M)
(239.2M)
(218.6M)
(191M)
(154.1M)
(155.1M)
(143.6M)
(144.1M)
(168M)
(182.2M)
(149.8M)
(162M)
(179.9M)
(248.2M)
(220.6M)
(241.8M)
(258M)
(253.7M)
(242.9M)
(192.3M)
(146.3M)
(132.4M)
(114.6M)
(103.3M)
(88.6M)
(88.6M)
(79.7M)
(77M)
(88.6M)
(86.9M)
(59M)
(57.3M)
(53M)
(80.7M)
(90.6M)
(93.3M)
(87.8M)
(80.3M)
(77.3M)
153.3M
124M
110.5M
132.1M
116.1M
107.7M
104.3M
86M
70.6M
-29.7M
14.8M
80.7M
63.7M
50.7M
88.2M
67.7M
51.1M
64.4M
57.2M
40.9M
PRE-TAX INCOME
(70.9M)
(32M)
(30.8M)
(15.8M)
(20M)
(10.2M)
(9.9M)
(5.1M)
(4.6M)
(4.2M)
(3.8M)
(489K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-69.1M
-27.3M
-28.2M
-14.4M
-19.3M
-8.7M
-8.8M
-3.9M
-3.7M
-3.3M
-2.3M
-489K
1.2M
2.6M
2M
3.1M
2.7M
10.4M
0.0
0.0
(125.5M)
(98.5M)
(85.7M)
(42.2M)
(42.4M)
(20M)
(22.3M)
-7M
-5M
-5.6M
-2.4M
(0.0)
-957K
(196K)
(8M)
(10.4M)
(9M)
(6.4M)
(15.5M)
(7.4M)
-71.7M
-29.7M
-30.9M
-14.9M
-20.6M
-11.1M
-11.6M
-7M
8.1M
-5.6M
-2.4M
-2.9M
-957K
-16.9M
-5.7M
-20M
-5.6M
2.6M
7.8M
4.6M
81.6M
94.3M
79.7M
117.3M
95.5M
96.6M
28.5M
79M
65.6M
-35.3M
12.4M
77.8M
62.8M
50.9M
87.7M
71.4M
51.2M
74M
65M
45.6M
NET INCOME
(8.5M)
(25.8M)
(9.5M)
(22.2M)
(17.1M)
(16.9M)
(2.1M)
(15.5M)
(28.2M)
(20.4M)
(21.2M)
(28.3M)
(23M)
(17.4M)
(28.9M)
(22.9M)
(18.4M)
(27.7M)
(22.8M)
(16.2M)
73.1M
68.4M
70.2M
95.1M
78.4M
79.7M
26.4M
63.5M
37.4M
-55.7M
-8.8M
49.5M
74.9M
47.4M
58.8M
48.6M
32.8M
46.3M
42.3M
29.4M

SEC Filings

PRGS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

March 31, 2026
February 28, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 07, 2026
2026
10-K

10-K 2025 FY

FY

January 20, 2026
November 30, 2025
2025
8-K

8-K 2026

N/A

January 20, 2026
January 20, 2026
2026
8-K/A

8-K/A 2025 (Amended)

N/A

September 30, 2025
September 29, 2025
2025
10-Q

10-Q 2025 Q3

Q3

September 29, 2025
August 31, 2025
2025
8-K

8-K 2025

N/A

September 29, 2025
September 29, 2025
2025
8-K

8-K 2025

N/A

July 22, 2025
July 21, 2025
2025
Showing 1 to 10 of 421 filings