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Progress Software(NASDAQ) PRGS

Market Cap$1.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1991)+1,496%
5 Year-5%
1 Year+3%
1 Month+13%
Premium Feature
Moneyball Superscore
65/100
$46.43
+0.98%
+0.45Today
After hours$46.40-$0.03 (-0.07%)
Progress Software last closing stock price
MetricPriceDate
Last closeUSD 46.452026-10-23
Progress Software stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+13.74%USD 40.842026-10-16
1 month+13.21%USD 41.032026-09-23
3 month+22.72%USD 37.852026-07-24
Year to date+8.12%USD 42.962025-12-31
1 year+3.06%USD 45.072025-10-23
3 year-7.67%USD 50.312023-10-24
5 year-5.49%USD 49.152021-10-22
Since inception+1,496.42%USD 2.911991-07-30

Progress Software Financials at a Glance

Market Cap

$1.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$999.94M

Net Income (TTM)

$92.41M

EPS (TTM)

$2.18

P/E Ratio

21.35

Dividend

$0.00

Beta (Volatility)

0.77 (Low)

Price

$46.43

Volume

354,460.407

Open

$45.98

Previous Close

$46.45

Daily Range

$45.28 - $46.51

52-Week Range

$23.82 - $47.25

Estimated Earnings Date

Jan 19, 2027

PRGS News

GettyImages-1248262649 - Copy

Why Progress Software Stock Is Skyrocketing Today

Keith NoonanJul 1, 2026
SellAlert-Red.png

Progress Software EVP Sells 23,194 Shares as Stock Falls 40% Year Over Year

Jonathan PoncianoMar 27, 2026
Artificial intelligence - GettyImages-1355632574

Why Progress Software Popped Today

Joe TenebrusoJan 21, 2026
institutional.png

Paradice Dumped Its Entire $15.2 Million Progressive Software Stake

Cory RenauerOct 26, 2025
home improvement painting

3 Things to Watch in the Stock Market This Week

Demitri KalogeropoulosJan 10, 2021
Illustration Man With Spyglass Pointed at Dollar Sign

Progress Software Is Making Progress Where It Counts

Asit Sharma, CPAOct 1, 2020
stock chart going down

Why Shares of Progress Software Slumped Today

Timothy GreenSep 27, 2019
Stock chart going up

Why Shares of Progress Software Popped Today

Timothy GreenJun 28, 2019
Page 1

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About Progress Software

Progress Software Corporation NASDAQ:PRGS helps businesses build and run applications. Its tools manage websites, data, and secure file transfers. These products keep essential software working for global users.

What Powers the Business?

  • Maintenance: Technical support and software update rights for existing customers; accounted for 41% of revenue in the three-month period ended Aug. 31, 2026.
  • SaaS: Cloud-hosted software and managed services for digital experiences; made up 29% of revenue in the three-month period ended Aug. 31, 2026.
  • Software Licenses: Rights to use development platforms and data connectivity tools; represented 26% of revenue in the three-month period ended Aug. 31, 2026.
  • Professional Services: Project management, implementation support, and specialized training; comprised 4% of revenue in the three-month period ended Aug. 31, 2026.

Growing Through Strategic Additions

  • Acquired Domo for approximately $400 million in the third quarter of fiscal year 2026.
  • Purchased ShareFile and Nuclia in fiscal year 2025 to increase software capabilities.
  • Integrated infrastructure automation tools including Chef and network monitoring solutions.
  • Managed the legal and technical response to the MOVEit vulnerability disclosed in June 2023.

Global Reach and Integration

Progress operates globally with a presence across the United States, Europe, and the Asia Pacific region. The company provides infrastructure software that supports AI-powered applications and digital experiences across multi-cloud environments.

Key Financial Results

  • Total revenue was $246.0 million in the three-month period ended Aug. 31, 2026, down 2% year over year.
  • Annualized recurring revenue reached $873 million as of Aug. 31, 2026, up 1% year over year.
  • Net cash flows provided by operating activities totaled $265.5 million for the nine-month period ended Aug. 31, 2026.
  • Net retention rates generally ranged between 99% to 100% for the reporting periods ending Aug. 31, 2026.

Bottom Line

Progress has evolved into a provider of infrastructure and application development tools through strategic acquisitions. Its focus on recurring revenue and integrated management platforms supports stability across global technology markets.

AI Generated • Oct 1, 2026

Industry

Software

Sector

Information Technology

Employees

2,801

CEO

Yogesh K. Gupta

Website

www.progress.com

Headquarters

Burlington, MA 01803, US

PRGS Financials

Key Financial Metrics (TTM)

Gross Margin

79.66%

Operating Margin

18.13%

Net Income Margin

9.24%

Return on Equity

18.36%

Return on Capital

11.53%

Return on Assets

4.01%

Earnings Yield

4.68%

Dividend Yield

0.00%

Payout Ratio

0.54%

Stock Overview

Market Cap

$1.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

40.87M

Volume

354.46K

Avg. Volume

550.07K

Financials (TTM)

Gross Profit

$796.59M

Operating Income

$181.28M

EBITDA

$307.86M

Operating Cash Flow

$328.27M

Capital Expenditure

-$9.13M

Free Cash Flow

$319.15M

Cash & ST Invst.

$113.65M

Total Debt

$1.27B

Progress Software Performance Analysis

Progress Software annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-11-30USD 602,013,00013.3%
20232023-11-30USD 694,439,00015.4%
20242024-11-30USD 753,409,0008.5%
20252025-11-30USD 977,831,00029.8%
Progress Software sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-301.1%
Q12026-02-28-1.9%
Q22026-05-312.3%
Q32026-08-31-2.9%
Progress Software annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-11-30USD 2.1522.3%
20232023-11-30USD 1.57-26.8%
20242024-11-30USD 1.54-2.0%
20252025-11-30USD 1.667.8%
Progress Software sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-3034.1%
Q12026-02-28-10.2%
Q22026-05-31-5.7%
Q32026-08-3110.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$246.01M

-1.5%

Gross Profit

$203.54M

+0.6%

Gross Margin

82.74%

N/A

Market Cap

$1.90BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$677.83K

N/A

Employees

2,801

N/A

Net Income

$22.78M

+17.3%

EBITDA

$82.85M

-0.2%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$113.65M

+14.8%

Total Debt

$1.27B

-12.8%

Accounts Receivable

$168.97M

-9.8%

Inventory

$0.00

N/A

Long Term Debt

$1.26B

+16.0%

Short Term Debt

$7.75M

-97.9%

Return on Assets

4.01%

N/A

Return on Invested Capital

9.60%

N/A

Free Cash Flow

$86.32M

+19.2%

Operating Cash Flow

$88.01M

+19.8%

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Questions About PRGS

What is the current price of Progress Software?

Progress Software is trading at $46.45 per share.

What is the 52-week range for Progress Software?

Over the past 52 weeks, Progress Software has traded between $23.82 and $47.25.

How much debt does Progress Software have?

As of the most recent reporting period, Progress Software reported total debt of $1.27B.

How much cash does Progress Software have on hand?

Progress Software reported $113.65M in cash and cash equivalents in its most recent financial results.

What is Progress Software’s dividend yield?

Progress Software does not currently have a dividend yield.

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