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+22.0%
5Y+62.0%
10Y+129.0%
3Y-222.0%
5Y-88.0%
10Y+28.0%
3Y+135.0%
5Y-3977.0%
10Y+190.0%
PRGS

Progress Software Corporation Cash Conversion Engine

PRGS ยท NASDAQ
Net Income73.13M
Depreciation & Amortization151.72M
Stock-Based Compensation64.77M
Change in Working Capital-52.54M
Others21.53M
Capital Expenditures-5.70M
Free Cash Flow229.49M

Cash Flow Quality Analysis

FCF Conversion Rate

313.8%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

2.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+11.2%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$52.54M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Progress Software Corporation Cash Flow Statement

PRGS โ€ข NASDAQ

Progress Software Corporation Cash Flow StatementNov 2025Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009Nov 2008Nov 2007Nov 2006
OPERATING ACTIVITIES
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
151.7M
103M
103.1M
76.8M
61.2M
34.8M
56.7M
44.5M
42.9M
39.3M
41.7M
15.3M
14.4M
31M
35.1M
41.4M
40.4M
30.1M
27.1M
24.8M
-23.4M
-7.8M
-28.6M
-7.6M
-908K
-2.6M
-14.9M
2M
474K
1.3M
-1.8M
15M
9.7M
-22K
1.9M
4M
-367K
-4M
-4.1M
-7.2M
64.8M
46.8M
40.5M
37.1M
29.7M
23.5M
23.3M
20.6M
14.2M
22.5M
24M
24.9M
21.4M
28.2M
26M
18.1M
21.5M
0.0
0.0
0.0
21.5M
15.8M
12M
-2.2M
10.7M
8.9M
25M
5.8M
-442K
96.5M
3.8M
2.7M
-71.9M
-35.6M
-4.4M
-4M
366K
20.2M
34M
25.5M
(3.2M)
(32.4M)
(39.8M)
(28.7M)
(25.9M)
(16.1M)
(16.3M)
(25.5M)
(26M)
(22M)
(17M)
(7.3M)
(69.9M)
(15.3M)
(9.5M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-52.5M
-14.8M
-23.3M
-7M
-556K
591K
11.9M
-15M
11.2M
-1.1M
45.7M
290K
-44M
33.1M
9M
-11.9M
-31.9M
-5.5M
4.6M
-4.6M
235.2M
211.5M
173.9M
192.2M
178.5M
144.8M
128.5M
121.4M
105.7M
102.8M
104.5M
107.7M
4.6M
104.1M
126.3M
96.2M
62.8M
87.2M
104M
67.9M
INVESTING ACTIVITIES
-5.7M
-5.2M
-5.6M
-6.1M
-4.7M
-6.5M
-4M
-7.3M
-3.4M
-5.8M
-8.8M
-11.8M
-5.1M
-7.7M
-17M
-9.7M
-7.4M
-8.2M
-20.3M
-21.7M
-21.2M
-852.7M
-355.3M
(26M)
-254M
-213.1M
-225.3M
(0.0)
-77.2M
(0.0)
-241.8M
-21.2M
(101.7M)
(46.6M)
-22.9M
-49.2M
(81.1M)
-140.3M
(0.0)
-79.3M
(0.0)
(0.0)
-15.3M
-26M
(0.0)
-5M
-10.6M
-8.3M
-40.4M
-41.7M
-24.2M
-5.5M
-7.7M
-27.9M
-152.7M
-38.6M
-80.6M
-143.5M
-334.3M
-310.5M
0.0
0.0
15.7M
2M
6M
16.4M
25.3M
23.1M
31.6M
26.5M
14.6M
26.2M
25K
9M
84.4M
1.3M
24.9M
354.8M
243.5M
341.7M
0.0
0.0
0.0
26.1M
2.3M
-10.5M
-8.6M
14.8M
8.8M
-15.2M
-36K
17.5M
29.9M
27.9M
74.5M
38.6M
-531K
-208K
-547K
103K
-26.9M
-857.9M
-360.4M
(22M)
-250.3M
-218.7M
-223.2M
(7.6M)
-80.5M
-21M
-260.2M
(5.1M)
(118.8M)
(47.8M)
-33.6M
-57.6M
(17.6M)
(62.6M)
-111.6M
-69.8M
FINANCING ACTIVITIES
-105.2M
-59M
-8M
-60.9M
-35M
-60M
-25M
-120M
-73.9M
-79.2M
-38.5M
-59.2M
-281.5M
-85.5M
-202.7M
-31.2M
9.6M
-86M
4.5M
17K
0.0
797.5M
103.1M
602K
232.8M
87.2M
179.7M
-6.2M
-11.3M
-9.4M
144.4M
0.0
0.0
-357K
-388K
-358K
-330K
-305K
-281K
-262K
-786K
-31.5M
-31.6M
-31.1M
-31.6M
-29.9M
-27.8M
-25.8M
-24.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-105.2M
-86.8M
-34M
-77M
-35M
-60M
-25M
-120M
-73.9M
-83.2M
-38.5M
-59.2M
-281.5M
-85.5M
-202.7M
-31.2M
-5.2M
-111.5M
-38M
-13M
-132.4M
-66.2M
26M
-10.1M
-28.9M
11.1M
7.7M
5.2M
-270K
436K
12.4M
17M
56.1M
30.8M
55.1M
99.7M
-180K
1.7M
2.9M
875K
-238.4M
640.8M
51.2M
-101.4M
132.1M
6.1M
128.8M
-146.8M
-91.3M
-82.2M
118.3M
-42.2M
-225.4M
-58.1M
-153.6M
59.7M
25.3M
-84.6M
7.1M
630K
CASH FLOW SUMMARY
6.8M
-3.3M
6M
-11.9M
-2.9M
3.1M
-1.3M
-10.5M
11.8M
-5M
-13.3M
-6.3M
-915K
-2.5M
-1.5M
-8.5M
16.8M
-22.5M
7.9M
7.3M
-23.3M
-8.9M
-129.3M
100.9M
57.4M
-67.7M
34.2M
-44.1M
-66.1M
8.5M
-42M
51.8M
-123.8M
93.8M
-61M
98.3M
105.6M
42.6M
7.4M
6.1M
118.1M
127M
256.3M
155.4M
98M
173.7M
139.5M
183.6M
249.8M
241.3M
283.3M
231.4M
355.2M
261.4M
322.4M
224.1M
118.5M
53.9M
46.4M
40.4M
94.8M
118.1M
127M
256.3M
155.4M
106M
173.7M
139.5M
183.6M
249.8M
241.3M
283.3M
231.4M
355.2M
261.4M
322.4M
224.1M
96.5M
53.9M
46.4M
229.5M
206.3M
168.4M
186.1M
173.9M
138.3M
124.5M
114.1M
102.3M
97.1M
95.7M
95.9M
-482K
96.4M
109.2M
86.5M
55.4M
79M
83.7M
46.2M

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