PROGRESS SOFTWARE CORP
PRGSNASDAQTrading Snapshot
- Day Range
- $38.82 β $39.99
- 52-Week Range
- $23.82 β $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)
- β2.6%
Why Investors Own PRGS
- βHigh-growth profile β revenue up +40.6% YoY with expanding US Equity exposure.
- βHealthy economics β 37% gross margin and 27% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
PROGRESS SOFTWARE CORP
PRGSAbout 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.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates

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

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

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.

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

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

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