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PROGRESS SOFTWARE CORP

PRGSNASDAQ
๐Ÿ† #1770 by market capEarnings Sep 30US Equity
$43.15โ–ผ $0.14 (โˆ’0.32%)
๐ŸŒ… Pre-market$43.15โ–ฒ 0.00%Regular close ยท extended-hours price shown
1hโ€”
24hโ–ผ 0.3%
7dโ–ฒ 2.2%
14dโ–ฒ 1.0%
30dโ–ฒ 13.1%
1yโ–ผ 2.7%
๐ŸฆMarket Cap
$1.77B
Small Cap
๐Ÿ“ˆRevenue Growth (YoY)
+15.5%
Healthy
๐Ÿ“ŠGross Margin
81.8%
High
๐Ÿ’ตFCF Margin
30.4%
Strong
โš–๏ธP/S Ratio
1.7x
Cheap
Otter Score
44
Weak

Trading Snapshot

Day Range
$42.47 โ€“ $43.76
52-Week Range
$23.82 โ€“ $47.37
Volume
$2.84B
Avg Volume
$2.77B
Shares Outstanding
41.0M
Next Earnings
Sep 13, 2026

Fundamentals Snapshot

Annual Revenue
$978M
Last Q Revenue
$253M
P/E Ratio
19.7
P/S Ratio
1.7x
EPS (TTM)
$2.07
Dividend Yield
0.03%

Why Investors Own PRGS

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

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

Financial Trends

Revenue (TTM)
$978Mโ–ฒ +34.2% YoY
Gross Margin (TTM)
37.1%โ–ฒ +2.2% YoY
Operating Income (TTM)
$215Mโ–ฒ +34.2% YoY
Free Cash Flow (TTM)
$265Mโ–ฒ +34.2% YoY

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.

๐Ÿฆฆ

Otter Score Breakdown

โ“˜
๐Ÿ’ŽQualityโ˜…โ˜…โ˜…โ˜…โ˜…
๐Ÿš€Growthโ˜…โ˜…โ˜…โ˜…โ˜…
โš–๏ธValuationโ˜…โ˜…โ˜…โ˜…โ˜…
โšกMomentumโ˜…โ˜…โ˜…โ˜…โ˜…
Overall Score
Weak
44/100

Analyst Ratings

โ“˜
Consensus
Buy
11 analysts
Strong Buy6
Buy4
Hold1
Sell0
Strong Sell0
Ratings as of Aug 2026

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