progress software corp. - PRGS
PRGS
Close Chg Chg %
45.98 0.47 1.02%
Closed Market
46.45
+0.47 (1.02%)
Volume: 354.46K
Last Updated:
Oct 23, 2026, 4:00 PM EDT
Company Overview: progress software corp. - PRGS
PRGS Key Data
| Open $45.98 | Day Range 45.28 - 46.51 |
| 52 Week Range 23.82 - 47.25 | Market Cap $1.79B |
| Shares Outstanding 40.87M | Public Float 39.91M |
| Beta 0.89 | Rev. Per Employee N/A |
| P/E Ratio 20.10 | EPS $2.20 |
| Yield 0.00% | Dividend $0.18 |
| EX-DIVIDEND DATE Aug 30, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 650.00K |
PRGS Performance
| 1 Week | 13.74% | ||
| 1 Month | 18.07% | ||
| 3 Months | 22.72% | ||
| 1 Year | 0.96% | ||
| 5 Years | -9.65% |
PRGS Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
7
Full Ratings ➔
About progress software corp. - PRGS
Progress Software Corp. engages in the provision of products that develop and deploy mission-critical business applications. Its products and solutions include Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity & WhatsUp Gold. The company was founded by Joseph Wright Alsop, Clyde Kessel, and Charles Arthur Ziering in 1981 and is headquartered in Burlington, MA.
PRGS At a Glance
Progress Software Corp.
15 Wayside Road
Burlington, Massachusetts 01803
| Phone | 1-781-280-4000 | Revenue | 977.83M | |
| Industry | Packaged Software | Net Income | 73.13M | |
| Sector | Technology Services | 2025 Sales Growth | 29.788% | |
| Fiscal Year-end | 11 / 2026 | Employees | 2,801 | |
| View SEC Filings |
PRGS Valuation
| P/E Current | 20.097 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 24.925 |
| Price to Sales Ratio | 1.864 |
| Price to Book Ratio | 3.665 |
| Price to Cash Flow Ratio | 7.96 |
| Enterprise Value to EBITDA | 9.681 |
| Enterprise Value to Sales | 3.23 |
| Total Debt to Enterprise Value | 0.453 |
PRGS Efficiency
| Revenue/Employee | 349,100.678 |
| Income Per Employee | 26,109.604 |
| Receivables Turnover | 4.034 |
| Total Asset Turnover | 0.392 |
PRGS Liquidity
| Current Ratio | 0.494 |
| Quick Ratio | 0.494 |
| Cash Ratio | 0.117 |
PRGS Profitability
| Gross Margin | 70.154 |
| Operating Margin | 17.845 |
| Pretax Margin | 8.348 |
| Net Margin | 7.479 |
| Return on Assets | 2.934 |
| Return on Equity | 15.948 |
| Return on Total Capital | 3.832 |
| Return on Invested Capital | 4.141 |
PRGS Capital Structure
| Total Debt to Total Equity | 298.927 |
| Total Debt to Total Capital | 74.933 |
| Total Debt to Total Assets | 58.182 |
| Long-Term Debt to Equity | 222.069 |
| Long-Term Debt to Total Capital | 55.666 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Progress Software Corp. - PRGS
Collapse All in section
| All values USD millions. | 2022 | 2023 | 2024 | 2025 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 602.01M | 694.44M | 753.41M | 977.83M | |
Sales Growth
| +13.31% | +15.35% | +8.49% | +29.79% | |
Cost of Goods Sold (COGS) incl D&A
| 141.36M | 193.01M | 195.77M | 291.85M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 81.73M | 102.94M | 100.94M | 151.72M | |
Depreciation
| 12.78M | 6.34M | 6.43M | 6.23M | |
Amortization of Intangibles
| 68.94M | 96.60M | 94.51M | 145.49M | |
COGS Growth
| +27.99% | +36.53% | +1.43% | +49.07% | |
Gross Income
| 460.65M | 501.43M | 557.64M | 685.98M | |
Gross Income Growth
| +9.45% | +8.85% | +11.21% | +23.02% | |
Gross Profit Margin
| +76.52% | +72.21% | +74.02% | +70.15% |
| 2022 | 2023 | 2024 | 2025 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 333.20M | 371.63M | 400.43M | 511.49M | |
Research & Development
| 114.57M | 132.40M | 146.34M | 192.26M | |
Other SG&A
| 218.64M | 239.23M | 254.09M | 319.23M | |
SGA Growth
| +13.20% | +11.53% | +7.75% | +27.74% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 6.08M | 19.27M | 33.20M | 21.20M | |
EBIT after Unusual Expense
| 121.36M | 110.52M | 124.00M | 153.29M | |
Non Operating Income/Expense
| 11.68M | (86.00K) | 2.27M | (812.00K) | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 15.79M | 30.78M | 32.01M | 70.85M | |
Interest Expense Growth
| -21.23% | +94.93% | +4.00% | +121.32% | |
Gross Interest Expense
| 15.79M | 30.78M | 32.01M | 70.85M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 117.25M | 79.66M | 94.26M | 81.63M | |
Pretax Income Growth
| +22.74% | -32.07% | +18.34% | -13.40% | |
Pretax Margin
| +19.48% | +11.47% | +12.51% | +8.35% | |
Income Tax
| 22.19M | 9.46M | 25.83M | 8.49M | |
Income Tax - Current - Domestic
| 25.16M | 33.28M | 28.40M | 22.86M | |
Income Tax - Current - Foreign
| 4.63M | 4.82M | 5.17M | 9.06M | |
Income Tax - Deferred - Domestic
| (6.22M) | (24.36M) | (8.03M) | (21.84M) | |
Income Tax - Deferred - Foreign
| (1.38M) | (4.29M) | 281.00K | (1.59M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 95.07M | 70.20M | 68.44M | 73.13M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 95.07M | 70.20M | 68.44M | 73.13M | |
Net Income Growth
| +21.23% | -26.16% | -2.51% | +6.86% | |
Net Margin Growth
| +15.79% | +10.11% | +9.08% | +7.48% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 95.07M | 70.20M | 68.44M | 73.13M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 95.07M | 70.20M | 68.44M | 73.13M | |
EPS (Basic)
| 2.1868 | 1.6154 | 1.5817 | 1.7009 | |
EPS (Basic) Growth
| +22.46% | -26.13% | -2.09% | +7.54% | |
Basic Shares Outstanding
| 43.48M | 43.46M | 43.27M | 43.00M | |
EPS (Diluted)
| 2.1486 | 1.5719 | 1.5405 | 1.6614 | |
EPS (Diluted) Growth
| +22.25% | -26.84% | -2.00% | +7.85% | |
Diluted Shares Outstanding
| 44.25M | 44.66M | 44.43M | 44.02M | |
EBITDA
| 209.17M | 232.74M | 258.14M | 326.21M | |
EBITDA Growth
| +10.17% | +11.27% | +10.91% | +26.37% | |
EBITDA Margin
| +34.75% | +33.52% | +34.26% | +33.36% |
Snapshot
| Average Recommendation | BUY | Average Target Price | 56.20 | |
| Number of Ratings | 7 | Current Quarters Estimate | 1.281 | |
| FY Report Date | 11 / 2026 | Current Year's Estimate | 6.188 | |
| Last Quarter’s Earnings | 1.69 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 5.72 | Next Fiscal Year Estimate | 7.177 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 5 | 5 | 5 | 5 |
| Mean Estimate | 1.28 | 1.57 | 6.19 | 7.18 |
| High Estimates | 1.31 | 1.67 | 6.22 | 7.33 |
| Low Estimate | 1.25 | 1.46 | 6.15 | 6.94 |
| Coefficient of Variance | 2.02 | 6.11 | 0.46 | 2.00 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 6 | 5 | 5 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 1 | 1 | 0 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Buy | Buy | Buy |
SEC Filings for Progress Software Corp. - PRGS
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Progress Software Corp. - PRGS
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Oct 23, 2026 | Loren Weinberg Jarrett EVP/GM Digital Experience | 10,815 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $43.47 per share | 470,128.05 |
| Oct 21, 2026 | Anthony Folger Chief Financial Officer | 49,984 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.69 per share | 2,033,848.96 |
| Oct 21, 2026 | Anthony Folger Chief Financial Officer | 51,351 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.09 per share | 2,058,661.59 |
| Oct 8, 2026 | YuFan Stephanie Wang Chief Legal Officer | 3,487 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37 per share | 129,019.00 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 19,019 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.99 per share | 741,550.81 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 5,128 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Domenic Lococo Chief Accounting Officer | 5,849 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 21,206 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.99 per share | 826,821.94 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 22,192 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 19,970 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.99 per share | 778,630.30 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 20,728 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 294,126 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 19,538 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 57,895 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 24,945 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 7,350 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 300,846 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.99 per share | 11,729,985.54 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 306,445 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 294,866 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $38.99 per share | 11,496,825.34 |
| Oct 6, 2026 | Yogesh K. Gupta Chief Executive Officer; Director | 298,887 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |