Progress Software/$PRGS
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Progress Software
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
- Ticker
- $PRGS
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 2,801
- Headquarters
- Burlington, United States
- Website
- www.progress.com
PRGS Metrics
BasicAdvanced
$1.8B
20.44
$2.18
0.82
-
Price and volume
Market cap
$1.8B
Beta
0.82
52-week high
$47.25
52-week low
$23.82
Average daily volume
615K
Financial strength
Current ratio
0.796
Quick ratio
0.682
Long term debt to equity
2.372
Total debt to equity
2.387
Dividend payout ratio (TTM)
0.85%
Interest coverage (TTM)
3.00%
Profitability
EBITDA (TTM)
338.895
Gross margin (TTM)
85.84%
Net profit margin (TTM)
9.24%
Operating margin (TTM)
19.39%
Effective tax rate (TTM)
16.69%
Revenue per employee (TTM)
$360,000
Management effectiveness
Return on assets (TTM)
5.13%
Return on equity (TTM)
18.34%
Valuation
Price to earnings (TTM)
20.44
Price to revenue (TTM)
1.865
Price to book
3.44
Price to tangible book (TTM)
-1.45
Price to free cash flow (TTM)
5.844
Free cash flow yield (TTM)
17.11%
Free cash flow per share (TTM)
7.608
Growth
Revenue change (TTM)
6.36%
Earnings per share change (TTM)
98.98%
3-year revenue growth (CAGR)
14.02%
10-year revenue growth (CAGR)
9.59%
3-year earnings per share growth (CAGR)
7.13%
10-year earnings per share growth (CAGR)
28.87%
What the Analysts think about PRGS
Analyst ratings (Buy, Hold, Sell) for Progress Software stock.
Analyst projections of the future price of Progress Software stock.
Bulls say / Bears say
Profitability and cash generation held up despite a softer sales quarter: Q3 non-GAAP EPS rose 13%, operating margin reached 43%, and adjusted free cash flow increased 17%. (The Motley Fool)
The completed Domo deal adds an AI and data platform, and management expects it to contribute well over $100 million in annual EBITDA once integration is complete by the end of FY2027. If delivered, that could materially expand earnings and cash flow. (The Motley Fool)
Progress is adding practical AI features across its portfolio, including agentic retrieval that can connect to live business systems through native MCP support. These launches give it a route to benefit if businesses increase spending on governed enterprise AI. (Progress Software Corporation)
Underlying growth remains weak: Q3 revenue fell 2% year on year and ARR grew only 1% in constant currency, while net retention was 99%. That leaves limited evidence so far that the core business is accelerating. (Progress Software Corporation)
The Domo acquisition increases leverage and brings execution risk: Progress borrowed about $390 million to fund it, expects roughly $21 million of extra interest expense in FY2027 and forecasts margin compression to 36–37%. Management also expects significant churn in Domo’s legacy seat-based customers as it shifts the business towards consumption pricing. (The Motley Fool)
Fresh MOVEit Transfer vulnerabilities create a continuing security and customer-trust risk. Progress reported $3.5 million of net cyber-vulnerability response costs in Q3, up from $0.7 million a year earlier, while a recent government advisory listed affected MOVEit versions requiring patches. (U.S. Securities and Exchange Commission, Canadian Centre for Cyber Security)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
PRGS Financial Performance
Revenues and expenses
PRGS Earnings Performance
Company profitability
Upcoming events
No upcoming events
PRGS News
AllArticlesVideos
Applause and Progress Software to Discuss AI's Role in Accessibility Compliance at M-Enabling Summit 2026
Business Wire4 weeks ago
Progress Software, Nft And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
Benzinga4 weeks ago
Progress Software Q3 Earnings Call Highlights
MarketBeat4 weeks ago
Funds containing PRGS
AllUSDEURGBP
Fund name | Fund size | $PRGS weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.11% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.11% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.07% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.07% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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