PRGS logo

PROGRESS SOFTWARE CORP

PRGSNASDAQ
πŸ† #2149 by market capEarnings Sep 30 Β· PostUS Equity
$39.44β–² $0.03 (+0.08%)
πŸŒ™ After hours$39.51β–² 0.18%Regular close Β· extended-hours price shown
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24hβ–² 0.1%
7dβ–Ό 3.9%
14dβ–Ό 5.8%
30dβ–Ό 14.8%
ytdβ–Ό 8.2%
1yβ–Ό 10.2%
🏦Market Cap
$1.62B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+15.5%
Healthy
πŸ“ŠGross Margin
81.8%
High
πŸ’΅FCF Margin
30.4%
Strong
βš–οΈP/S Ratio
1.5x
Cheap
Otter Score
64
Fair

Trading Snapshot

Day Range
$38.82 – $39.99
52-Week Range
$23.82 – $47.37
Volume
$2.84B
Avg Volume
$2.77B
Shares Outstanding
41.0M
Next Earnings
Nov 1, 2026

Fundamentals Snapshot

Annual Revenue
$978M
Last Q Revenue
$253M
P/E Ratio
17.4
P/S Ratio
1.5x
EPS (TTM)
$2.07
Dividend Yield
0.03%
Dilution (1yr)
βˆ’2.6%

Why Investors Own PRGS

  • βœ“High-growth profile β€” revenue up +40.6% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 37% gross margin and 27% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

PRGS logo

PROGRESS SOFTWARE CORP

PRGS
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$978Mβ–² +29.8% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
80.8%β–Ό βˆ’2.3% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$153Mβ–² +23.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$229Mβ–² +11.2% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
44.0Mβ–Ό βˆ’2.6% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$756Mβ–² +$687M YoY
StockOtter Β· stockotter.space

About PROGRESS SOFTWARE CORP

Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100

Analyst Ratings

β“˜
Consensus
Strong Buy
12 analysts
Strong Buy7
Buy4
Hold1
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

GlobeNewsWireΒ·19h ago

Progress Software Launches ShareFile Enterprise, Offering a New Standard in Governance Controls for Enterprise Document Collaboration

New ShareFile Enterprise offering helps organizations scale collaboration without scaling manual administration and security work through enterprise identity management, native data loss prevention and AI-driven threat d

Defense WorldΒ·23h ago

Progress Software (NASDAQ:PRGS) Stock Sold Off by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Progress Software Corporation (NASDAQ: PRGS). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,0

BenzingaΒ·6d ago

Progress Software Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Progress Software Corporation (NASDAQ:PPRGS) will release earnings for its third quarter after the closing bell on Wednesday, Sept. 30.

Business WireΒ·7d ago

Domo Completes Sale to Progress Software; Huckleberry Begins the Next Chapter

SILICON SLOPES, Utah--(BUSINESS WIRE)---- $DOMO #agenticAI--Domo, Inc. (Nasdaq: DOMO) today announced the completion of its previously announced sale to Progress Software Corporation (Nasdaq: PRGS). With the transaction

GlobeNewsWireΒ·7d ago

Progress Software Completes Acquisition of Domo's AI and Data Platform Business

Acquisition advances Progress' strategy to deliver the context and control organizations need to achieve trusted AI and agentic outcomes with confidence

GlobeNewsWireΒ·13d ago

Progress Software to Report Third Quarter 2026 Financial Results on September 30, 2026

BURLINGTON, Mass., Sept. 16, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and an AI infrastructure software leader, today announced that it will release financial results