Progress Software Corporation
PRGS
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Progress Software Corporation is well-positioned in the Software - Infrastructure industry, leveraging its strong operating margins and consistent revenue growth to outperform competitors.
- In the most recent quarter, Progress Software reported a revenue increase of 2% compared to the prior quarter, reaching $253 million.
- The company's gross margin remained stable at 82.3%, indicating strong cost management and operational efficiency.
- Despite its strengths, Progress Software faces significant challenges, including a negative revenue growth trend and a high debt-to-equity ratio, which could impact its financial stability.
- The trailing P/E ratio stands at 17.14, suggesting that the stock may be overvalued given the current market conditions.
- The overall market signal for Progress Software is a 'Strong Sell' with a score of -16.00, indicating bearish sentiment among investors.
Fundamentals
| Market cap | $1.56B | Enterprise value | $2.72B | Trailing P/E | 17.64 | Forward P/E | 5.33 |
| PEG | 1.07 | Price / book | 3.39 | Beta | 0.89 | Dividend yield | 0.00% |
| Revenue growth | -1.5% | Earnings growth | 25.0% | Gross margin | 85.8% | Operating margin | 22.0% |
| Profit margin | 9.2% | ROE | 18.3% | ROA | 5.1% | Debt / equity | 2.39 |
| Current ratio | 0.80 | Free cash flow | $320.52M | Analyst recommendation | strong_buy | Mean target | $56.20 |
| 52w high | $47.25 | 52w low | $23.82 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $253M | $248M | $253M | $250M | $237M | — |
| Op margin | 18.5% | 19.9% | 17.2% | 18.5% | 17.7% | — |
| Net income | $21.1M | $22.8M | $25.7M | $19.4M | $17.0M | — |
| Gross margin | 82.3% | 82.3% | 81.6% | 81.0% | 80.1% | — |
| Gross profit | $209M | $204M | $206M | $202M | $190M | — |
| Operating income | $47.0M | $49.3M | $43.4M | $46.3M | $42.1M | — |
- Revenue +2% vs prior quarter ($253M vs $248M).
- Gross margin 82.3% (was 82.3% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $978M | $753M | $694M | $602M | — |
| Op margin | 17.8% | 20.9% | 18.7% | 21.2% | — |
| Net income | $73.1M | $68.4M | $70.2M | $95.1M | — |
| Gross margin | 80.8% | 82.7% | 81.8% | 84.3% | — |
| Gross profit | $790M | $623M | $568M | $508M | — |
| Operating income | $174M | $157M | $130M | $127M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · The Bull Case For Progress Software (PRGS) Could Change Following AI Platform Upgrades And Raised 2026 Guidance
2026-10-07 · Implied Volatility Surging for Progress Software Stock Options
2026-10-06 · PRGS vs. SNPS: Which Stock Should Value Investors Buy Now?
2026-10-06 · Should Value Investors Buy Progress Software (PRGS) Stock?
2026-10-05 · Don't Overlook Progress Software (PRGS) International Revenue Trends While Assessing the Stock
2026-10-04 · What Is Wall Street Really Pricing Into Progress Software (PRGS)?
2026-10-02 · Applause and Progress Software to Discuss AI’s Role in Accessibility Compliance at M-Enabling Summit 2026
2026-10-02 · Company News for Oct 2, 2026
2026-10-01 · Progress Software Connects Enterprise Knowledge Across Business Systems with New Agentic RAG Capabilities
2026-10-01 · Progress Software Corporation Q3 2026 Earnings Call Summary
2026-10-01 · Progress (PRGS) Q3 2026 Earnings Call Transcript
Price (daily)
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