progress software corp. - PRGS
PRGS
Close Chg Chg %
41.42 -0.28 -0.68%
Open Market
41.14
-0.28 (0.68%)
Volume: 133.51K
Last Updated:
Jan 15, 2026, 1:41 PM EDT
Company Overview: progress software corp. - PRGS
PRGS Key Data
| Open $41.42 | Day Range 40.95 - 41.74 |
| 52 Week Range 39.00 - 65.50 | Market Cap $1.78B |
| Shares Outstanding 42.91M | Public Float 42.06M |
| Beta 0.61 | Rev. Per Employee N/A |
| P/E Ratio 38.39 | EPS $1.13 |
| Yield 0.00% | Dividend $0.18 |
| EX-DIVIDEND DATE Aug 30, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 537.65K |
PRGS Performance
| 1 Week | -2.22% | ||
| 1 Month | -3.65% | ||
| 3 Months | -8.28% | ||
| 1 Year | -34.19% | ||
| 5 Years | -6.16% |
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 | 753.41M | |
| Industry | Packaged Software | Net Income | 68.44M | |
| Sector | Technology Services | 2024 Sales Growth | 8.492% | |
| Fiscal Year-end | 11 / 2025 | Employees | 2,815 | |
| View SEC Filings |
PRGS Valuation
| P/E Current | 38.393 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 44.408 |
| Price to Sales Ratio | 4.034 |
| Price to Book Ratio | 6.76 |
| Price to Cash Flow Ratio | 14.37 |
| Enterprise Value to EBITDA | 17.366 |
| Enterprise Value to Sales | 5.95 |
| Total Debt to Enterprise Value | 0.348 |
PRGS Efficiency
| Revenue/Employee | 267,640.853 |
| Income Per Employee | 24,311.901 |
| Receivables Turnover | 3.80 |
| Total Asset Turnover | 0.365 |
PRGS Liquidity
| Current Ratio | 0.81 |
| Quick Ratio | 0.81 |
| Cash Ratio | 0.259 |
PRGS Profitability
| Gross Margin | 74.015 |
| Operating Margin | 20.866 |
| Pretax Margin | 12.512 |
| Net Margin | 9.084 |
| Return on Assets | 3.314 |
| Return on Equity | 15.234 |
| Return on Total Capital | 3.421 |
| Return on Invested Capital | 4.311 |
PRGS Capital Structure
| Total Debt to Total Equity | 355.919 |
| Total Debt to Total Capital | 78.066 |
| Total Debt to Total Assets | 61.802 |
| Long-Term Debt to Equity | 353.821 |
| Long-Term Debt to Total Capital | 77.606 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Progress Software Corp. - PRGS
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 531.31M | 602.01M | 694.44M | 753.41M | |
Sales Growth
| +20.17% | +13.31% | +15.35% | +8.49% | |
Cost of Goods Sold (COGS) incl D&A
| 110.44M | 141.36M | 193.01M | 195.77M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 63.35M | 81.73M | 102.94M | 100.94M | |
Depreciation
| 16.42M | 12.78M | 6.34M | 6.43M | |
Amortization of Intangibles
| 46.93M | 68.94M | 96.60M | 94.51M | |
COGS Growth
| +34.42% | +27.99% | +36.53% | +1.43% | |
Gross Income
| 420.87M | 460.65M | 501.43M | 557.64M | |
Gross Income Growth
| +16.91% | +9.45% | +8.85% | +11.21% | |
Gross Profit Margin
| +79.21% | +76.52% | +72.21% | +74.02% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 294.36M | 333.20M | 371.63M | 400.43M | |
Research & Development
| 103.34M | 114.57M | 132.40M | 146.34M | |
Other SG&A
| 191.02M | 218.64M | 239.23M | 254.09M | |
SGA Growth
| +21.28% | +13.20% | +11.53% | +7.75% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 12.51M | 6.08M | 19.27M | 33.20M | |
EBIT after Unusual Expense
| 114.00M | 121.36M | 110.52M | 124.00M | |
Non Operating Income/Expense
| 1.58M | 11.68M | (86.00K) | 2.27M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 20.05M | 15.79M | 30.78M | 32.01M | |
Interest Expense Growth
| +97.10% | -21.23% | +94.93% | +4.00% | |
Gross Interest Expense
| 20.05M | 15.79M | 30.78M | 32.01M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 95.53M | 117.25M | 79.66M | 94.26M | |
Pretax Income Growth
| -1.14% | +22.74% | -32.07% | +18.34% | |
Pretax Margin
| +17.98% | +19.48% | +11.47% | +12.51% | |
Income Tax
| 17.11M | 22.19M | 9.46M | 25.83M | |
Income Tax - Current - Domestic
| 14.57M | 25.16M | 33.28M | 28.40M | |
Income Tax - Current - Foreign
| 3.46M | 4.63M | 4.82M | 5.17M | |
Income Tax - Deferred - Domestic
| (744.00K) | (6.22M) | (24.36M) | (8.03M) | |
Income Tax - Deferred - Foreign
| (164.00K) | (1.38M) | (4.29M) | 281.00K | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 78.42M | 95.07M | 70.20M | 68.44M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 78.42M | 95.07M | 70.20M | 68.44M | |
Net Income Growth
| -1.63% | +21.23% | -26.16% | -2.51% | |
Net Margin Growth
| +14.76% | +15.79% | +10.11% | +9.08% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 78.42M | 95.07M | 70.20M | 68.44M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 78.42M | 95.07M | 70.20M | 68.44M | |
EPS (Basic)
| 1.7857 | 2.1868 | 1.6154 | 1.5817 | |
EPS (Basic) Growth
| +0.54% | +22.46% | -26.13% | -2.09% | |
Basic Shares Outstanding
| 43.92M | 43.48M | 43.46M | 43.27M | |
EPS (Diluted)
| 1.7575 | 2.1486 | 1.5719 | 1.5405 | |
EPS (Diluted) Growth
| -0.09% | +22.25% | -26.84% | -2.00% | |
Diluted Shares Outstanding
| 44.62M | 44.25M | 44.66M | 44.43M | |
EBITDA
| 189.87M | 209.17M | 232.74M | 258.14M | |
EBITDA Growth
| +18.69% | +10.17% | +11.27% | +10.91% | |
EBITDA Margin
| +35.74% | +34.75% | +33.52% | +34.26% |
Snapshot
| Average Recommendation | BUY | Average Target Price | 67.50 | |
| Number of Ratings | 7 | Current Quarters Estimate | 1.409 | |
| FY Report Date | 02 / 2026 | Current Year's Estimate | 5.663 | |
| Last Quarter’s Earnings | 1.32 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 5.527 | Next Fiscal Year Estimate | 5.72 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 6 | 6 | 6 | 2 |
| Mean Estimate | 1.41 | 1.37 | 5.66 | 5.72 |
| High Estimates | 1.44 | 1.42 | 5.88 | 5.72 |
| Low Estimate | 1.36 | 1.32 | 5.56 | 5.72 |
| Coefficient of Variance | 1.98 | 2.36 | 2.02 | 0.01 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 6 | 6 | 5 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 1 | 1 | 1 |
| 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 |
|---|---|---|---|---|
| Jul 10, 2025 | Anthony Folger Chief Financial Officer | 43,559 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $53.36 per share | 2,324,308.24 |
| Jul 10, 2025 | Anthony Folger Chief Financial Officer | 45,370 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $52.78 per share | 2,394,628.60 |
| Apr 9, 2025 | Ian Pitt Chief Information Officer | 8,317 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $56.29 per share | 468,163.93 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 26,990 | 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 $56.16 per share | 1,515,758.40 |
| Apr 4, 2025 | Domenic Lococo Chief Accounting Officer | 4,660 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 2,335 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 28,288 | 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 $56.16 per share | 1,588,654.08 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 28,806 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 27,639 | 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 $56.16 per share | 1,552,206.24 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 28,157 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 203,317 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Sundar Subramanian EVP/GM Infrastructure Mgmt | 27,489 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 29,397 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 13,617 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 207,639 | 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 $56.16 per share | 11,661,006.24 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 211,193 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 203,844 | 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 $56.16 per share | 11,447,879.04 |
| Apr 4, 2025 | Yogesh K. Gupta Chief Executive Officer; Director | 207,136 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |