Progress Software Corporation PRGS R2KAI
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 17.5% over 5 years.
- Generates positive free cash flow.
CONS
- Earnings shrank at -8.4% CAGR over 5 years.
- Trading 49.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 | 32.83 | 16.84 | $1.38B | - | 9.25% | 18.27% | 17.55% | -8.37% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | 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 | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 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 | - | - | 238.01M | 237.35M | 249.79M | 252.67M | 247.80M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 46.23M | 47.29M | 47.54M | 46.53M | 43.86M |
| Gross Profit | 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 | - | - | 191.78M | 190.07M | 202.26M | 206.14M | 203.94M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 149.10M | 147.95M | 156.00M | 162.71M | 154.59M |
| Operating Income | 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 | - | - | 42.68M | 42.12M | 46.25M | 43.44M | 49.34M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 69.93M | 76.55M | 83.03M | 74.69M | 81.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.43M | 18.14M | 17.74M | 16.55M | 15.25M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.30M | 19.86M | 26.21M | 22.26M | 30.29M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.36M | 2.83M | 6.79M | -3.49M | 7.48M |
| Net Income | -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 | - | - | 10.95M | 17.03M | 19.41M | 25.75M | 22.81M |
| Diluted EPS | -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 | - | - | 0.24 | 0.39 | 0.44 | 0.59 | 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 | - | - | - | - | - | - | - | - | 405.34M | 389.15M | 378.98M | 413.30M | 442.15M | - | 602.01M | 694.44M | 753.41M | 977.83M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 94.50M | 126.58M | 130.48M | 187.58M |
| 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 | - | 507.52M | 567.86M | 622.93M | 790.25M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 380.07M | 438.06M | 465.72M | 615.76M |
| 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 | - | 127.44M | 129.80M | 157.21M | 174.49M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 207.78M | 213.58M | 229.32M | 304.20M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.79M | 30.78M | 32.01M | 70.85M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 117.25M | 79.66M | 94.26M | 81.63M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.19M | 9.46M | 25.83M | 8.49M |
| 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 | - | 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 | - | 2.15 | 1.57 | 1.54 | 1.66 |
Compounded Sales Growth
| 5 Years: | 17.55% |
| 1 Year: | 4.10% |
Compounded Profit Growth
| 5 Years: | -8.37% |
| 1 Year: | 120.80% |
Stock Price Performance
| 1 Year: | -46.67% |
| 6 Months: | -21.20% |
| 3 Months: | -21.61% |
| 1 Month: | +20.43% |
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 | - | 1.41B | 1.60B | 2.53B | 2.46B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 426.05M | 330.79M | 368.81M | 399.96M |
| 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 | - | 256.28M | 126.96M | 118.08M | 94.81M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 97.83M | 125.83M | 163.57M | 195.78M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01B | 1.14B | 2.09B | 1.98B |
| 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 | - | 318.00M | 352.12M | 455.14M | 809.73M |
| Long Term Debt | - | - | 664.00K | 276.00K | - | - | - | 0 | 135.00M | 120.00M | 116.09M | 110.27M | 284.00M | 364.26M | - | 611.85M | 710.88M | 1.53B | 1.04B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 640.59M | 747.11M | 1.56B | 1.43B |
| 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 | - | 398.50M | 459.71M | 438.79M | 478.35M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43.26M | 43.80M | 43.36M | 42.34M |
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 | - | 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 | - | 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 | - | -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 | - | -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 | - | 186.07M | 168.35M | 206.29M | 229.49M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 112.73M | -135.27M | -5.59M | -30.10M |
| 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 % | - | - | - | - | - | - | - | - | 83.8% | 82.2% | 82.3% | 81.8% | 86.0% | - | 84.3% | 81.8% | 82.7% | 80.8% |
| Operating Margin % | - | - | - | - | - | - | - | - | -7.3% | 14.8% | 17.9% | 9.7% | 24.4% | - | 21.2% | 18.7% | 20.9% | 17.8% |
| Net Margin % | - | - | - | - | - | - | - | - | -13.7% | 7.5% | 13.1% | 6.4% | 18.0% | - | 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% | - | 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% | - | 11.7% | 10.4% | 7.6% | 10.6% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 16.57% | 6.97M | $228.89M |
| 2 | Vanguard Portfolio Management LLC | 8.15% | 3.43M | $112.63M |
| 3 | Vanguard Capital Management LLC | 4.58% | 1.93M | $63.32M |
| 4 | State Street Corporation | 4.19% | 1.76M | $57.81M |
| 5 | Boston Trust Walden Corporation | 4.09% | 1.72M | $56.48M |
| 6 | Dimensional Fund Advisors LP | 2.93% | 1.23M | $40.51M |
| 7 | Arrowstreet Capital, Limited Partnership | 2.90% | 1.22M | $40.11M |
| 8 | Geode Capital Management, LLC | 2.58% | 1.09M | $35.68M |
| 9 | Manufacturers Life Insurance Co. | 2.54% | 1.07M | $35.14M |
| 10 | LSV Asset Management | 2.35% | 988.40K | $32.45M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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