Progress Software/$PRGS
1D1W1MYTD1Y5YMAX
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
21.10
$2.06
0.82
-
Price and volume
Market cap
$1.8B
Beta
0.82
52-week high
$47.37
52-week low
$23.82
Average daily volume
448K
Financial strength
Current ratio
0.809
Quick ratio
0.672
Long term debt to equity
2.606
Total debt to equity
2.622
Dividend payout ratio (TTM)
0.88%
Interest coverage (TTM)
2.84%
Profitability
EBITDA (TTM)
333.747
Gross margin (TTM)
85.57%
Net profit margin (TTM)
8.87%
Operating margin (TTM)
18.54%
Effective tax rate (TTM)
17.24%
Revenue per employee (TTM)
$360,000
Management effectiveness
Return on assets (TTM)
4.89%
Return on equity (TTM)
18.57%
Valuation
Price to earnings (TTM)
21.098
Price to revenue (TTM)
1.842
Price to book
3.56
Price to tangible book (TTM)
-1.37
Price to free cash flow (TTM)
6.056
Free cash flow yield (TTM)
16.51%
Free cash flow per share (TTM)
7.193
Growth
Revenue change (TTM)
15.50%
Earnings per share change (TTM)
58.81%
3-year revenue growth (CAGR)
15.54%
10-year revenue growth (CAGR)
9.83%
3-year earnings per share growth (CAGR)
3.75%
10-year earnings per share growth (CAGR)
42.04%
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
Q2 fiscal 2026 exceeded the company’s prior outlook: revenue reached $253 million, up 7% year over year, non-GAAP EPS was $1.62 versus guidance of $1.47–$1.53, and non-GAAP operating margin was 40%. (SEC)
The planned Domo transaction could broaden Progress’s AI, analytics, data-integration, and workflow portfolio, creating potential cross-selling opportunities across its enterprise customer base. (SEC)
Strong cash generation supports shareholder returns and deleveraging: Progress reported $79 million of adjusted free cash flow in Q2, repurchased $55 million of stock year to date, repaid $110 million of debt year to date, and modeled $220 million of debt repayment for fiscal 2026. (SEC)
Organic growth is modest: Q2 fiscal 2026 annualized recurring revenue increased only 2% year over year, while net retention was 100%, suggesting limited expansion within the existing customer base. (SEC)
Progress reduced its fiscal 2026 outlook to $988 million–$1.000 billion of revenue and $5.91–$6.03 of non-GAAP EPS, below the prior revenue outlook of $990 million–$1.002 billion and EPS outlook of $6.09–$6.21. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.
PRGS Financial Performance
Revenues and expenses
PRGS Earnings Performance
Company profitability
Upcoming events
No upcoming events
PRGS News
AllArticlesVideos
Domo Announces Timing for Second Quarter Fiscal 2027 Financial Results and Provides Transaction Timing Update
Business Wire2 weeks ago
Progress Software Bets on AI With $400 Million Deal for Domo's Data Platform
MarketBeat2 months ago
Domo Announces Agreement to Sell Substantially All Assets and Certain Liabilities to Progress Software for $400 Million
Business Wire2 months ago
Funds containing PRGS
AllUSDGBPEUR
Fund name | Fund size | $PRGS weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.10% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.10% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.06% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.03% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.03% |
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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