Progress Software Corporation PRGS R2KAI
Company Overview
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Why Investors Should Care
Generates a return on equity of 18.3%, reflecting efficient use of shareholder capital.
Trades at a P/E of 19.2, below the sector median of 36.0.
Operating margin of 19.9% supports profitability.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Nov 2025 Revenue of $977.83M (+29.8% YoY); net profit $73.13M.
- Trailing 12 Months Year-on-year growth — revenue +4.1%, earnings +120.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 3.8%, profit CAGR 2.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 3.84% |
| 1 Year: | 4.10% |
Compounded Profit Growth
| 5 Years: | 2.73% |
| 1 Year: | 120.80% |
Stock Price Performance
| 1 Year: | -23.20% |
| 6 Months: | -11.52% |
| 3 Months: | +35.16% |
| 1 Month: | +18.65% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Progress Software provides infrastructure software for building, deploying and managing applications and data, with AI/ML capabilities across its portfolio.
Application-development, data-connectivity, AI/ML and infrastructure-management software.
- AI/ML platform Progress offers tools and APIs to build and operationalise AI/ML into applications.
- Data connectivity DataDirect and related products connect applications to diverse data sources for AI use.
- Acquisition-led growth Acquisitions (e.g., MarkLogic, ShareFile) expand the data/AI portfolio.
- Highly profitable infrastructure-software firm (net ~16%, high ROE) adding AI capabilities.
- Acquisitive, cash-generative model with recurring revenue.
- Mature growth with AI as an enhancement rather than a primary driver.
- Integration and debt are watch items.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Trading 26.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PRGS Progress Software Corporation R2KAI | 37.48 | 19.22 | $1.58B | 0.00% | 9.30% | 18.27% | 3.84% | 2.73% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.80 | 32.43 | $5.13T | 0.49% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 314.86 | 38.07 | $4.62T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 384.93 | 22.91 | $2.86T | 0.93% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 420.39 | 36.18 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 389.11 | 64.85 | $1.85T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 983.12 | 46.37 | $1.11T | 0.06% | 13.69% | 39.82% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 548.13 | 181.50 | $893.78B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,775.64 | 59.55 | $684.36B | 0.47% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Feb 2015 | May 2015 | Aug 2015 | Nov 2015 | Feb 2016 | May 2016 | Aug 2016 | Nov 2016 | Feb 2017 | May 2017 | Aug 2017 | Nov 2017 | Feb 2018 | May 2018 | Aug 2018 | Nov 2018 | Feb 2019 | May 2019 | Aug 2019 | Nov 2019 | Feb 2020 | May 2020 | Aug 2020 | Nov 2020 | Feb 2021 | May 2021 | Aug 2021 | Feb 2022 | May 2022 | Aug 2022 | Feb 2023 | May 2023 | Aug 2023 | Feb 2024 | May 2024 | Aug 2024 | Feb 2025 | May 2025 | Aug 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 90.97M | 93.21M | 97.31M | 116.08M | 95.41M | 92.86M | 92.60M | 98.10M | 89.55M | 100.00M | 106.72M | 117.04M | 109.68M | 100.38M | 109.70M | 122.39M | 121.28M | 122.49M | 147.42M | 144.92M | 148.75M | 151.22M | 164.23M | 178.25M | 174.99M | 184.69M | 175.08M | 178.69M | 238.01M | 237.35M | 249.79M | 247.80M |
| Gross Profit | 63.75M | 73.07M | 79.50M | 97.48M | 73.73M | 79.88M | 84.83M | 101.19M | 75.21M | 75.85M | 79.23M | 98.12M | 78.51M | 76.22M | 75.91M | 81.37M | 73.51M | 82.38M | 85.89M | 96.27M | 94.80M | 86.12M | 94.96M | 104.15M | 103.29M | 103.18M | 127.35M | 121.71M | 124.79M | 127.42M | 138.01M | 144.47M | 142.07M | 151.88M | 143.01M | 149.62M | 191.78M | 190.07M | 202.26M | 203.94M |
| Operating Income | -11.19M | -2.73M | 8.59M | 20.08M | 6.71M | 12.34M | 13.61M | -62.36M | 1.22M | 20.28M | 20.30M | 28.81M | 19.13M | 18.55M | 19.10M | 11.03M | 15.41M | 14.74M | 15.96M | -6.03M | 30.71M | 25.31M | 33.19M | 18.51M | 27.42M | 22.28M | 46.05M | 29.43M | 40.23M | 32.02M | 35.59M | 23.03M | 29.37M | 35.01M | 27.15M | 40.35M | 32.43M | 38.62M | 43.87M | 46.47M |
| Net Income | -971.00K | 5.77M | -4.13M | -9.47M | 3.22M | 7.28M | 7.58M | -73.79M | -525.00K | 10.34M | 11.17M | 16.43M | 13.73M | 12.90M | 14.39M | 8.64M | 9.40M | 8.18M | 13.56M | -4.74M | 21.12M | 16.97M | 23.98M | 17.66M | 18.96M | 13.56M | 30.98M | 20.45M | 29.11M | 21.80M | 23.67M | 12.09M | 19.10M | 22.64M | 16.19M | 28.46M | 10.95M | 17.03M | 19.41M | 22.81M |
| Diluted EPS | -0.02 | 0.11 | -0.08 | -0.19 | 0.06 | 0.14 | 0.15 | -1.52 | -0.01 | 0.21 | 0.23 | 0.34 | 0.29 | 0.28 | 0.32 | 0.19 | 0.21 | 0.18 | 0.30 | -0.11 | 0.46 | 0.37 | 0.53 | 0.39 | 0.42 | 0.30 | 0.70 | 0.46 | 0.66 | 0.50 | 0.53 | 0.27 | 0.42 | 0.51 | 0.37 | 0.65 | 0.24 | 0.39 | 0.44 | 0.53 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Nov 2008 | Nov 2009 | Nov 2010 | Nov 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Nov 2016 | Nov 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 515.56M | 494.14M | 351.61M | 333.61M | 317.61M | 334.00M | 332.53M | 377.55M | 405.34M | 389.15M | 378.98M | 413.30M | 442.15M | 531.31M | 602.01M | 694.44M | 753.41M | 977.83M |
| Gross Profit | 423.67M | 400.94M | 310.46M | 296.83M | 281.30M | 299.01M | 298.27M | 313.81M | 339.63M | 320.00M | 312.01M | 338.06M | 380.04M | 452.86M | 507.52M | 567.86M | 622.93M | 790.25M |
| Operating Income | 64.38M | 51.13M | 91.48M | 108.71M | 67.79M | 63.74M | 80.74M | 14.75M | -29.71M | 57.49M | 67.81M | 40.08M | 107.73M | 116.10M | 132.13M | 110.52M | 124.00M | 153.29M |
| Net Income | 46.30M | 32.76M | 48.10M | 59.63M | 47.44M | 74.91M | 49.46M | -8.80M | -55.73M | 29.02M | 49.67M | 26.40M | 79.72M | 78.42M | 95.07M | 70.20M | 68.44M | 73.13M |
| Diluted EPS | 0.72 | 0.53 | 0.73 | 0.88 | 0.74 | 1.35 | 0.96 | -0.17 | -1.13 | 0.60 | 1.08 | 0.58 | 1.76 | 1.76 | 2.15 | 1.57 | 1.54 | 1.66 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Nov 2007 | Nov 2008 | Nov 2009 | Nov 2010 | Nov 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Nov 2016 | Nov 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 798.85M | 936.82M | 864.26M | 884.98M | 682.19M | 702.76M | 877.12M | 754.83M | 718.72M | 644.15M | 881.27M | 1.04B | 1.36B | 1.41B | 1.60B | 2.53B | 2.46B |
| Total Equity | - | 481.45M | 557.87M | 690.27M | 625.11M | 638.40M | 513.65M | 543.25M | 522.46M | 442.73M | 404.38M | 324.00M | 330.28M | 346.01M | 412.49M | 398.50M | 459.71M | 438.79M | 478.35M |
| Cash & Equivalents | 53.88M | 96.48M | 175.87M | 286.56M | 161.09M | 301.79M | 198.82M | 263.08M | 212.38M | 207.04M | 133.46M | 105.13M | 154.26M | 97.99M | 155.41M | 256.28M | 126.96M | 118.08M | 94.81M |
| Long Term Debt | - | - | 664.00K | 276.00K | - | - | - | 0 | 135.00M | 120.00M | 116.09M | 110.27M | 284.00M | 364.26M | 534.53M | 611.85M | 710.88M | 1.53B | 1.04B |
| Current Liabilities | - | - | 226.92M | 237.68M | 226.14M | 240.15M | 164.58M | 153.30M | 199.92M | 203.74M | 208.02M | 186.03M | 240.88M | 262.54M | 322.93M | 318.00M | 352.12M | 455.14M | 809.73M |
Cash Flows (Annual)
Figures in USD.
| Metric | Nov 2008 | Nov 2009 | Nov 2010 | Nov 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Nov 2016 | Nov 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 87.18M | 62.76M | 96.20M | 126.29M | 104.11M | 4.58M | 107.69M | 104.54M | 102.84M | 105.69M | 121.35M | 128.48M | 144.85M | 178.53M | 192.16M | 173.92M | 211.49M | 235.19M |
| Investing Cash Flow | 62.55M | -9.18M | -45.16M | -102.30M | 94.14M | 118.76M | 5.14M | -260.21M | -21.00M | -87.79M | 7.59M | -208.38M | -207.29M | -250.34M | 21.99M | -360.38M | -857.91M | -26.92M |
| Financing Cash Flow | -84.59M | 9.04M | 68.16M | -147.99M | -55.03M | -225.40M | -42.23M | 118.30M | -82.19M | -103.31M | -146.77M | 130.29M | 3.08M | 132.11M | -101.42M | 51.19M | 640.82M | -238.37M |
| Capital Expenditure | -8.21M | -7.37M | -9.66M | -17.05M | -7.74M | -4.23M | -7.99M | -7.18M | -5.79M | -3.38M | -7.25M | -4.00M | -6.52M | -4.65M | -6.09M | -5.57M | -5.21M | -5.70M |
| Free Cash Flow | 78.97M | 55.39M | 86.54M | 109.25M | 96.38M | 354.00K | 99.71M | 97.36M | 97.06M | 102.31M | 114.10M | 124.49M | 138.33M | 173.88M | 186.07M | 168.35M | 206.29M | 229.49M |
| Share Buybacks | 111.51M | 5.20M | 29.34M | 200.01M | 81.32M | 276.54M | 52.60M | 32.87M | 79.19M | 73.94M | 120.00M | 25.00M | 60.00M | 35.00M | 77.04M | 33.96M | 86.78M | 105.16M |
| Dividends Paid | - | - | - | - | - | - | - | 0 | 0 | 24.13M | 25.79M | 27.76M | 29.90M | 31.56M | 31.06M | 31.55M | 31.46M | 786.00K |
Ratios (Annual)
Figures in %.
| Metric | Nov 2008 | Nov 2009 | Nov 2010 | Nov 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Nov 2016 | Nov 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 82.2% | 81.1% | 88.3% | 89.0% | 88.6% | 89.5% | 89.7% | 83.1% | 83.8% | 82.2% | 82.3% | 81.8% | 86.0% | 85.2% | 84.3% | 81.8% | 82.7% | 80.8% |
| Operating Margin % | 12.5% | 10.3% | 26.0% | 32.6% | 21.3% | 19.1% | 24.3% | 3.9% | -7.3% | 14.8% | 17.9% | 9.7% | 24.4% | 21.9% | 21.9% | 15.9% | 16.5% | 15.7% |
| Net Margin % | 9.0% | 6.6% | 13.7% | 17.9% | 14.9% | 22.4% | 14.9% | -2.3% | -13.7% | 7.5% | 13.1% | 6.4% | 18.0% | 14.8% | 15.8% | 10.1% | 9.1% | 7.5% |
| ROE % | 9.6% | 5.9% | 7.0% | 9.5% | 7.4% | 14.6% | 9.1% | -1.7% | -12.6% | 7.2% | 15.3% | 8.0% | 23.0% | 19.0% | 23.9% | 15.3% | 15.6% | 15.3% |
| ROCE % | - | 8.9% | 13.1% | 17.0% | 10.5% | 12.3% | 14.7% | 2.2% | -5.4% | 11.3% | 14.8% | 6.3% | 13.8% | 11.2% | 12.1% | 8.8% | 6.0% | 9.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 17.00% | 6.97M | $270.73M |
| 2 | Vanguard Portfolio Management LLC | 8.36% | 3.43M | $133.21M |
| 3 | Vanguard Capital Management LLC | 4.70% | 1.93M | $74.89M |
| 4 | State Street Corporation | 4.29% | 1.76M | $68.38M |
| 5 | Boston Trust Walden Corporation | 4.19% | 1.72M | $66.80M |
| 6 | Dimensional Fund Advisors LP | 3.01% | 1.23M | $47.91M |
| 7 | Arrowstreet Capital, Limited Partnership | 2.98% | 1.22M | $47.44M |
| 8 | Geode Capital Management, LLC | 2.65% | 1.09M | $42.20M |
| 9 | Manufacturers Life Insurance Co. | 2.61% | 1.07M | $41.56M |
| 10 | LSV Asset Management | 2.41% | 988.40K | $38.38M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PRGS
Progress Software (PRGS) Stock Looks Reasonable With 44% Upside To Fair Value - Yahoo Finance
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$38.265 | Progress Software Corporation Common Stock (DE) (PRGS) Stock Price Today - Binance
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Progress Software: AI Ambitions Need To Translate Into Growth (NASDAQ:PRGS) - Seeking Alpha
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Progress Software Q2 results out; call set for 5 p.m. ET - Stock Titan
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Is Progress Software (PRGS) a Great Value Stock Right Now? - Yahoo Finance
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Progress says 77% of lawyers still work through manual steps - Stock Titan
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PRGS — Frequently Asked Questions
What is the current share price of Progress Software Corporation (PRGS)?
As of 2026-07-14 21:23 PDT, Progress Software Corporation (PRGS) trades at $37.48 on NasdaqGS. Its 52-week range is $25.09 to $50.82.
What is the market capitalisation of PRGS?
Progress Software Corporation (PRGS) has a market capitalisation of $1.58B on NasdaqGS.
What is the P/E ratio of PRGS?
PRGS trades at a trailing price-to-earnings (P/E) ratio of 19.22. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 2.65.
What is the return on equity (ROE) of PRGS?
PRGS has a return on equity (ROE) of 18.27%. Its return on capital employed (ROCE) is 9.30%.
Is PRGS a good stock to buy?
This page provides a data-driven analysis of Progress Software Corporation (PRGS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.