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Progress Software Corporation (PRGS)

Profile

Full Name

Progress Software Corporation

Ticker

NASDAQ: PRGS

Exchange

NASDAQ

Sector

Technology

Industry

Software Infrastructure

Country

United States

IPO

July 30, 1991

Indexes

Not included

Website

https://www.progress.com

Employees

2815

Key Details

Price

$44.78(-0.74%)

Market cap

Last Dividend

$0.17

TTM Dividend yield

0.39%

Annual revenue

$753.41M(+8.49% YoY)

Annual EPS

$1.54(-1.91% YoY)

PE ratio

34.19

Next earnings date

Sep 30, 2025

Next ex-dividend date

N/A

Next split date

N/A

Quick Search

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    See Full Chart & Historical Data

    Analyst ratings

    Price

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    Current Price

    $44.78
    PRGS price is $44.78

    30-Day Relative Volume

    0.67
    PRGS 30-day relative volume is 0.67

    Price Performance

    Price Today change

    -0.74%
    PRGS price is down -0.74% today

    Price YTD change

    -31.26%
    PRGS price is down -31.26% since January 1st

    Price 1-year change

    -21.22%
    PRGS price is down -21.22% year-on-year

    Price 3-year change

    -11.56%
    PRGS price is down -11.56% over the past 3 years

    Price Range

    Price All-time high

    $70.56
    PRGS price is currently -36.53% below its historical high of $70.56

    Price 3-year low

    $40.33
    PRGS price is currently +11.05% above its 3-year low

    Capitalization

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    Market cap

    Market cap

    $1.93B
    PRGS market capitalization is $1.93 billion

    Market cap 3-year change

    -12.28%
    PRGS market capitalization is down -12.28% over the past 3 years

    Market cap All-time high

    $3.03B
    PRGS market capitalization is currently -36.18% below its historical high of $3.03 billion

    Market cap sector rank

    61.97%
    PRGS market capitalization is higher than 61.97% of companies in Technology sector

    Shares Outstanding

    Shares Outstanding 1-Year Change

    +0.78%
    PRGS shares outstanding is up +0.78% year-on-year

    Shares Outstanding 3-Year Change

    -0.81%
    PRGS shares outstanding is down -0.81% over the past 3 years

    Technical Indicators

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    Beta

    0.66
    PRGS beta is 0.66

    200-day SMA

    $58.93
    PRGS price is currently -24.01% below its 200-day simple moving average

    50-day SMA

    $52.80
    PRGS price is currently -15.18% below its 50-day simple moving average

    RSI

    38.16
    PRGS 14-day relative strength index is 38.16

    Volume

    0.67
    PRGS 30-day relative volume is 0.67

    ATR

    $1.38
    PRGS average true range is $1.38

    10-day Historical Volatility

    32.68%
    PRGS 10-day historical volatility is 32.68%

    Dividend

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    Events

    Last Paid Dividend

    $0.17
    PRGS last dividend was $0.17 per share, with an ex-dividend date of August 30, 2024

    Next Dividend

    -
    PRGS next dividend has not yet been announced

    Dividend per share

    Dividend per share

    $0.70
    PRGS annual dividend per share is $0.70

    Dividend per share Sector Rank

    46.43%
    PRGS annual dividend per share is higher than 46.43% of companies in Technology sector

    Dividend per share 1-Year Change

    0%
    PRGS annual dividend per share has remained unchanged year-on-year

    Dividend per share 3-Year Change

    0%
    PRGS annual dividend per share has remained unchanged over the past 3 years

    Dividend yield

    Dividend yield

    1.56%
    PRGS annual dividend yield is 1.56%

    Dividend yield Sector Rank

    51.08%
    PRGS annual dividend yield is higher than 51.08% of companies in Technology sector

    Other

    Payout ratio

    -45.97%
    PRGS annual payout ratio is -45.97%

    Dividends paid

    -$31.46M
    PRGS annual dividends paid is -$31.46 million

    Free cash flow

    $206.29M
    PRGS annual free cash flow is $206.29 million

    Income Statement

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    Revenue

    Revenue

    $753.41M
    PRGS annual revenue is $753.41 million

    Revenue Analysts estimate

    $967.24M
    PRGS annual revenue is currently -22.11% lower than the consensus analysts' forecast

    Revenue 1-year change

    +8.49%
    PRGS annual revenue is up +8.49% year-on-year

    Revenue Sector rank

    64.11%
    PRGS annual revenue is higher than 64.11% of companies in Technology sector

    EPS

    EPS

    $1.54
    PRGS annual earnings per share is $1.54

    EPS Analysts estimate

    $5.34
    PRGS annual earnings per share is currently -71.17% lower than the consensus analysts' forecast

    EPS 1-year change

    -1.91%
    PRGS annual earnings per share is down -1.91% year-on-year

    EPS Sector rank

    79.05%
    PRGS annual earnings per share is higher than 79.05% of companies in Technology sector

    Profit

    Gross profit

    $622.93M
    PRGS annual gross profit is $622.93 million

    Gross margin

    82.68%
    PRGS annual gross profit margin is 82.68%

    Operating profit

    $157.21M
    PRGS annual operating income is $157.21 million

    Operating margin

    20.87%
    PRGS annual operating profit margin is 20.87%

    Net income

    $68.44M
    PRGS annual net profit is $68.44 million

    Net margin

    9.08%
    PRGS annual net profit margin is 9.08%

    Expenses

    Total expenses

    $596.20M
    PRGS annual total expenses is $596.20 million

    Operating expenses

    $465.72M
    PRGS annual total operating expenses is $465.72 million

    Cost of goods sold

    $130.48M
    PRGS annual cost of goods sold is $130.48 million

    Selling, general & administrative expenses

    $0.00
    PRGS annual SGA is $0.00

    Depreciation and amortization

    $103.04M
    PRGS annual depreciation & amortization is $103.04 million

    Interest expense

    $0.00
    PRGS annual interest expense is $0.00

    Income tax

    $25.83M
    PRGS annual income tax is $25.83 million

    EBIT & EBITDA

    EBIT

    $126.28M
    PRGS annual earnings before interest & taxes is $126.28 million

    EBITDA

    $229.32M
    PRGS annual EBITDA is $229.32 million

    Balance Sheet

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    Assets

    Total assets

    $2.53B
    PRGS annual total assets is $2.53 billion

    Non current assets

    $2.16B
    PRGS annual long term assets is $2.16 billion

    Current assets

    $368.81M
    PRGS annual total current assets is $368.81 million

    Cash and cash equivalents

    $118.08M
    PRGS annual cash & cash equivalents is $118.08 million

    Accounts receivable

    $198.25M
    PRGS annual accounts receivable is $198.25 million

    Inventory

    $0.00
    PRGS annual inventory is $0.00

    Liabilities

    Total liabilities

    $2.09B
    PRGS annual total liabilities is $2.09 billion

    Long term liabilities

    $1.63B
    PRGS annual total long term liabilities is $1.63 billion

    Current liabilities

    $455.14M
    PRGS annual total current liabilities is $455.14 million

    Accounts payable

    $13.91M
    PRGS annual accounts payable is $13.91 million

    Debt

    Total debt

    $1.56B
    PRGS annual total debt is $1.56 billion

    Total debt 1-year change

    +109.04%
    PRGS annual total debt is up +109.04% year-on-year

    Long term debt

    $1.55B
    PRGS annual long term debt is $1.55 billion

    Short term debt

    $9.20M
    PRGS annual short term debt is $9.20 million

    Equity & Capital

    Shareholders equity

    $438.79M
    PRGS annual stockholders equity is $438.79 million

    Book value

    $438.79M
    PRGS annual book value is $438.79 million

    Retained earnings

    $120.41M
    PRGS annual retained earnings is $120.41 million

    Working capital

    -$86.33M
    PRGS annual working capital is -$86.33 million

    Cash Flow Statement

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    Cashflow Activities

    Cash from operations

    $211.49M
    PRGS annual cash flow from operations is $211.49 million

    Cash from operations 1-year change

    +21.6%
    PRGS annual cash flow from operations is up +21.6% year-on-year

    Cash from investing

    -$857.91M
    PRGS annual cash flow from investing activities is -$857.91 million

    Cash from investing 1-year change

    -138.06%
    PRGS annual cash flow from investing activities is down -138.06% year-on-year

    Cash from financing

    $640.82M
    PRGS annual cash flow from financing activities is $640.82 million

    Cash from financing 1-year change

    +1151.9%
    PRGS annual cash flow from financing activities is up +1151.9% year-on-year

    CAPEX

    CAPEX

    $5.21M
    PRGS annual capital expenditures is $5.21 million

    CAPEX 1-year change

    -6.54%
    PRGS annual capital expenditures is down -6.54% year-on-year

    Free Cash Flow

    Free cash flow

    $206.29M
    PRGS annual free cash flow is $206.29 million

    Free cash flow 1-year change

    +22.54%
    PRGS annual free cash flow is up +22.54% year-on-year

    Profitability Ratios

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    Margins

    Gross margin

    82.68%
    PRGS annual gross profit margin is 82.68%

    Operating margin

    20.87%
    PRGS annual operating profit margin is 20.87%

    Net margin

    9.08%
    PRGS annual net profit margin is 9.08%

    ROA & ROE

    ROA

    3.31%
    PRGS annual return on assets is 3.31%

    ROE

    15.23%
    PRGS annual return on equity is 15.23%

    Valuation

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    PE Ratio

    PE ratio

    34.19
    PRGS price to earnings ratio is 34.19

    PE ratio Sector rank

    59.93%
    PRGS price to earnings ratio is higher than 59.93% of companies in Technology sector

    PB Ratio

    PB ratio

    4.26
    PRGS price to book ratio is 4.26

    PB ratio Sector rank

    68.26%
    PRGS price to book ratio is higher than 68.26% of companies in Technology sector

    PS Ratio

    PS ratio

    2.22
    PRGS price to sales ratio is 2.22

    PS ratio Sector rank

    45.49%
    PRGS price to sales ratio is higher than 45.49% of companies in Technology sector

    Enterprise value

    Enterprise value

    $3.32B
    PRGS enterprise value is $3.32 billion

    Enterprise value Sector rank

    66.58%
    PRGS enterprise value is higher than 66.58% of companies in Technology sector

    EV/EBITDA

    EV/EBITDA

    12.75
    PRGS EV/EBITDA is 12.75

    EV/EBITDA Sector rank

    61.34%
    PRGS EV/EBITDA is higher than 61.34% of companies in Technology sector

    Financial Health

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    Liquidity

    Current ratio

    0.81
    PRGS annual current ratio is 0.81

    Quick ratio

    0.81
    PRGS annual quick ratio is 0.81

    Leverage

    Debt to equity

    3.48
    PRGS annual debt to equity ratio is 3.48

    Interest coverage ratio

    -
    PRGS annual interest coverage ratio value is unknown

    Risk & Stability

    Piotroski F-Score

    5
    PRGS piotroski f-score is 5

    Altman Z-Score

    1.04
    PRGS altman z-score is 1.04

    Analyst ratings

    Recent major analysts updates

    Jul 15, 25 Citigroup
    Neutral
    Jul 1, 25 Wedbush
    Outperform
    Jul 1, 25 DA Davidson
    Buy
    Apr 14, 25 DA Davidson
    Buy
    Apr 1, 25 Wedbush
    Outperform
    Apr 1, 25 Guggenheim
    Buy
    Jan 22, 25 Guggenheim
    Buy
    Jan 21, 25 DA Davidson
    Buy
    Jan 17, 25 Guggenheim
    Buy
    Jan 17, 25 Citigroup
    Neutral

    Institutional Ownership

    Screeners with PRGS included

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    • What is the ticker symbol for Progress Software Corporation?
    • Does Progress Software Corporation pay dividends?
    • What sector is Progress Software Corporation in?
    • What industry is Progress Software Corporation in?
    • What country is Progress Software Corporation based in?
    • When did Progress Software Corporation go public?
    • Is Progress Software Corporation in the S&P 500?
    • Is Progress Software Corporation in the NASDAQ 100?
    • Is Progress Software Corporation in the Dow Jones?
    • When was Progress Software Corporation's last earnings report?
    • When does Progress Software Corporation report earnings?

    What is the ticker symbol for Progress Software Corporation?

    The ticker symbol for Progress Software Corporation is NASDAQ:PRGS

    Does Progress Software Corporation pay dividends?

    Yes, Progress Software Corporation pays dividends. The last payment was $0.17, with an ex-dividend date on August 30, 2024

    What sector is Progress Software Corporation in?

    Progress Software Corporation is in the Technology sector

    What industry is Progress Software Corporation in?

    Progress Software Corporation is in the Software Infrastructure industry

    What country is Progress Software Corporation based in?

    Progress Software Corporation is headquartered in United States

    When did Progress Software Corporation go public?

    Progress Software Corporation's initial public offering (IPO) was on July 30, 1991

    Is Progress Software Corporation in the S&P 500?

    No, Progress Software Corporation is not included in the S&P 500 index

    Is Progress Software Corporation in the NASDAQ 100?

    No, Progress Software Corporation is not included in the NASDAQ 100 index

    Is Progress Software Corporation in the Dow Jones?

    No, Progress Software Corporation is not included in the Dow Jones index

    When was Progress Software Corporation's last earnings report?

    Progress Software Corporation's most recent earnings report was on June 30, 2025

    When does Progress Software Corporation report earnings?

    The next expected earnings date for Progress Software Corporation is September 30, 2025
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