PROGRESS SOFTWARE CORP /MA
PRGSNasdaq
$40.55
↑ +0.5%Jul 17 close · end-of-day
Price
1Y↓ -16.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.7B
Enterprise Value
$2.9B
P/E
19.7
P/S
1.7
P/B
3.4
EV/EBITDA
16.1
PEG
—
FCF Yield
17.8%
Dividend Yield
—
Revenue (TTM)
$1.0B
Net Income (TTM)
$89.0M
Free Cash Flow (TTM)
$305.2M
Gross Margin
81.8%
Operating Margin
17.3%
Net Margin
8.9%
ROE
17.6%
ROIC
8.5%
Debt / Equity
2.6
Net Cash
-$1.2B
Return 1Y
-16.8%
Company profile
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. It also provides DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms.
- CEO
- Yogesh K. Gupta
- Sector
- Services
- Industry
- Computer Software
- Employees
- 2,070
- Headquarters
- Massachusetts
- Website
- progress.com
Management & directors
- Subramanian SundarEVP/GM Infrastructure Mgmt
- Folger AnthonyChief Financial Officer
- Wang Yufan StephanieChief Legal Officer
- Ainsworth JohnEVP/GM App & Data Platform
- Gupta Yogesh KChief Executive Officer
- Jarrett LorenEVP/GM Digital Experience
- Lococo DomenicChief Accounting Officer
- Pitt IanChief Information Officer
Roles derived from SEC Form 4 filings.
Earnings
PRGS Q2 2026 Earnings
Period ends 2026-05-31
MetricActualYoY
Revenue$253.5M↑ +6.8%
Diluted EPS$0.50↑ +28.2%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $442.1M | $531.3M | $602.0M | $694.4M | $753.4M | $977.8M |
| Gross profit | $380.0M | $452.9M | $507.5M | $567.9M | $622.9M | $790.3M |
| Operating income | $107.7M | $116.1M | $132.1M | $110.5M | $124.0M | $153.3M |
| Net income | $79.7M | $78.4M | $95.1M | $70.2M | $68.4M | $73.1M |
| Diluted EPS | $1.76 | $1.76 | $2.15 | $1.57 | $1.54 | $1.66 |
| Operating cash flow | $144.8M | $178.5M | $192.2M | $173.9M | $211.5M | $235.2M |
| Free cash flow | $138.3M | $173.9M | $186.1M | $168.3M | $206.3M | $229.5M |
| Gross margin | 86.0% | 85.2% | 84.3% | 81.8% | 82.7% | 80.8% |
| Operating margin | 24.4% | 21.9% | 21.9% | 15.9% | 16.5% | 15.7% |
| Net margin | 18.0% | 14.8% | 15.8% | 10.1% | 9.1% | 7.5% |
| Line item | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $178.7M | $215.0M | $238.0M | $237.4M | $249.8M | $252.7M | $247.8M | $253.5M |
| Gross profit | $149.6M | $178.4M | $191.8M | $190.1M | $202.3M | $206.1M | $203.9M | $208.6M |
| Operating income | $40.3M | $21.5M | $32.4M | $38.6M | $43.9M | $38.4M | $46.5M | $45.2M |
| Net income | $28.5M | $1.1M | $10.9M | $17.0M | $19.4M | $25.7M | $22.8M | $21.1M |
| Diluted EPS | $0.65 | $0.01 | $0.24 | $0.39 | $0.44 | $0.59 | $0.53 | $0.50 |
| Operating cash flow | $57.7M | $19.7M | $68.9M | $30.0M | $73.4M | $62.8M | $98.6M | $78.8M |
| Free cash flow | $56.6M | $16.8M | $67.7M | $29.5M | $72.4M | $59.9M | $95.9M | $77.0M |
| Gross margin | 83.7% | 83.0% | 80.6% | 80.1% | 81.0% | 81.6% | 82.3% | 82.3% |
| Operating margin | 22.6% | 10.0% | 13.6% | 16.3% | 17.6% | 15.2% | 18.8% | 17.8% |
| Net margin | 15.9% | 0.5% | 4.6% | 7.2% | 7.8% | 10.2% | 9.2% | 8.3% |
Company news
Jul 20, 2026
Jul 8, 2026
Jul 2, 2026
- 18d agoPRGS vs. CDNS: Which Stock Is the Better Value Option?finance.yahoo.com
- 18d agoWall Street Analysts Believe Progress Software (PRGS) Could Rally 26.84%: Here's is How to Tradefinance.yahoo.com
- 18d agoIs Progress Software (PRGS) a Great Value Stock Right Now?finance.yahoo.com
- 18d agoProgress Software (PRGS) Stock Looks Reasonable With 44% Upside To Fair Valuefinance.yahoo.com
Jul 1, 2026
- 19d agoMeta, CoreWeave, Salesforce, Corning, Bending Spoons, and More Stocks That Explain Today’s Marketfinance.yahoo.com
- 19d agoWhy Progress Software Stock Is Skyrocketing Todayfool.com
- 19d agoPRGS Q2 Earnings Call Highlights AI Demand & Raised Outlookfinance.yahoo.com
- 19d agoProgress Software Corp (PRGS) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and ...finance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-02 | VITALE VIVIAN M | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | KRALL DAVID | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | Gawlick Rainer | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | Tucci Angela | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | Kane Charles Francis | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | EGAN JOHN R | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | DACIER PAUL T | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-02 | King Samskriti | Award | 5,857 | $38.42 | $225,025.94 | filing |
| 2026-07-01 | Subramanian Sundar· EVP/GM Infrastructure Mgmt | Sale | 10,597 | $38.27 | $405,547.19 | filing |
| 2026-07-01 | Subramanian Sundar· EVP/GM Infrastructure Mgmt | Option exercise | 10,597 | $38.06 | $403,321.82 | filing |
| 2026-05-19 | FOLGER ANTHONY· Chief Financial Officer | Sale | 4,074 | $29.05 | $118,349.70 | filing |
| 2026-05-19 | FOLGER ANTHONY· Chief Financial Officer | Sale | 400 | $29.96 | $11,984.00 | filing |
| 2026-05-18 | WANG YUFAN STEPHANIE· Chief Legal Officer | Sale | 3,519 | $29.04 | $102,191.76 | filing |
| 2026-05-18 | WANG YUFAN STEPHANIE· Chief Legal Officer | Sale | 1,500 | $28.44 | $42,660.00 | filing |
| 2026-04-01 | Gupta Yogesh K· Chief Executive Officer | Tax withholding | 4,021 | $24.96 | $100,364.16 | filing |
| 2026-04-01 | Gupta Yogesh K· Chief Executive Officer | Tax withholding | 3,554 | $24.96 | $88,707.84 | filing |
| 2026-04-01 | Gupta Yogesh K· Chief Executive Officer | Tax withholding | 3,293 | $24.96 | $82,193.28 | filing |
| 2026-04-01 | FOLGER ANTHONY· Chief Financial Officer | Tax withholding | 1,353 | $24.96 | $33,770.88 | filing |
| 2026-04-01 | FOLGER ANTHONY· Chief Financial Officer | Tax withholding | 1,122 | $24.96 | $28,005.12 | filing |
| 2026-04-01 | FOLGER ANTHONY· Chief Financial Officer | Tax withholding | 1,093 | $24.96 | $27,281.28 | filing |
| 2026-04-01 | Ainsworth John· EVP/GM App & Data Platform | Tax withholding | 758 | $24.96 | $18,919.68 | filing |
| 2026-04-01 | Subramanian Sundar· EVP/GM Infrastructure Mgmt | Tax withholding | 758 | $24.96 | $18,919.68 | filing |
| 2026-04-01 | Jarrett Loren· EVP/GM Digital Experience | Tax withholding | 724 | $24.96 | $18,071.04 | filing |
| 2026-04-01 | WANG YUFAN STEPHANIE· Chief Legal Officer | Tax withholding | 545 | $24.96 | $13,603.20 | filing |
| 2026-04-01 | Subramanian Sundar· EVP/GM Infrastructure Mgmt | Tax withholding | 519 | $24.96 | $12,954.24 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.