Progress Software (PRGS) Financials: History & Chart

Progress Software Corporation(PRGS)

Software - Infrastructure · Burlington, MA

$37.10-0.12 (-0.31%)

Delayed quote: Oct 6, 2026, 1:15 PM EDT

About Progress Software Corporation

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.

Burlington, MA

2,801 employees

www.progress.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Yogesh K. Gupta

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Aug 2026	Quarter ended May 2026	Quarter ended Feb 2026	Quarter ended Nov 2025	Quarter ended Aug 2025	Quarter ended May 2025	Quarter ended Feb 2025	Quarter ended Nov 2024
Revenue	999.93M	246.00M	253.47M	247.80M	252.67M	249.79M	237.35M	238.01M	214.96M
Cost of Goods Sold	203.35M	42.47M	44.87M	69.48M	46.53M	47.54M	47.29M	46.23M	36.54M
Gross Profit	796.59M	203.54M	208.59M	178.32M	206.14M	202.26M	190.07M	191.78M	178.42M
Gross Profit Margin	79.7%	82.7%	82.3%	72.0%	81.6%	81.0%	80.1%	80.6%	83.0%
Total Operating Expenses	615.31M	156.99M	161.58M	128.97M	167.77M	158.38M	151.45M	159.36M	156.92M
Research & Development	195.26M	46.05M	48.84M	50.47M	49.89M	49.43M	46.57M	46.38M	41.20M
Selling, General & Administrative	329.16M	77.24M	86.58M	78.50M	86.84M	80.16M	75.31M	76.92M	76.12M
Operating Income (EBIT)	181.28M	46.55M	47.01M	49.34M	38.37M	43.87M	38.62M	32.43M	21.50M
Operating Margin	18.1%	18.9%	18.5%	19.9%	15.2%	17.6%	16.3%	13.6%	10.0%
Income Before Tax (EBT)	110.92M	29.53M	28.84M	30.29M	22.26M	26.21M	19.86M	13.30M	12.25M
Interest Income	2.02M	757K	233K	317K	718K	260K	294K	487K	1.29M
Interest Expense	64.61M	16.91M	15.91M	15.25M	16.55M	17.74M	18.14M	18.43M	10.90M
Other Income/Expense	-70.36M	-17.02M	-18.17M	-19.05M	-16.12M	-17.67M	-18.75M	-19.12M	-9.25M
Net Income	92.41M	22.78M	21.07M	22.81M	25.75M	19.41M	17.03M	10.95M	1.15M
Income Tax Expense	18.51M	6.76M	7.77M	7.48M	-3.49M	6.79M	2.83M	2.36M	11.10M
Net Profit Margin	9.2%	9.3%	8.3%	9.2%	10.2%	7.8%	7.2%	4.6%	0.5%
EBITDA	305.35M	82.96M	62.92M	85.21M	74.26M	82.96M	77.17M	70.63M	48.90M
EBITDA Margin	30.5%	33.7%	24.8%	34.4%	29.4%	33.2%	32.5%	29.7%	22.7%
Depreciation & Amortization	124.07M	36.41M	15.91M	35.86M	35.89M	39.09M	38.55M	38.20M	27.40M
EPS Basic	2.19	0.55	0.50	0.54	0.60	0.45	0.40	0.25	0.03
EPS Diluted	2.17	0.55	0.50	0.53	0.59	0.44	0.39	0.24	0.03
Weighted Average Basic Shares	41.06M	41.06M	42.03M	42.16M	43.00M	42.99M	43.05M	43.26M	43.27M
Weighted Average Diluted Shares	41.48M	41.48M	42.52M	42.73M	44.02M	43.72M	44.16M	44.89M	45.21M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	11/30/2025	11/30/2024	11/30/2023	11/30/2022	11/30/2021	11/30/2020	11/30/2019	11/30/2018
Revenue	977.83M	753.41M	694.44M	602.01M	531.31M	442.15M	413.30M	397.17M
Cost of Goods Sold	187.58M	130.48M	126.58M	94.50M	78.45M	62.11M	75.24M	66.97M
Gross Profit	790.25M	622.93M	567.86M	507.52M	452.86M	380.04M	338.06M	312.01M
Gross Profit Margin	80.8%	82.7%	81.8%	84.3%	85.2%	86.0%	81.8%	78.6%
Total Operating Expenses	636.96M	498.92M	457.34M	375.39M	336.76M	272.31M	265.89M	236.54M
Research & Development	192.26M	146.34M	132.40M	114.57M	103.34M	88.60M	88.57M	79.74M
Selling, General & Administrative	319.23M	254.09M	239.23M	218.64M	191.02M	154.12M	155.06M	143.56M
Operating Income (EBIT)	153.29M	124.00M	110.52M	132.13M	116.10M	107.73M	40.08M	67.81M
Operating Margin	15.7%	16.5%	15.9%	21.9%	21.9%	24.4%	9.7%	17.1%
Income Before Tax (EBT)	81.63M	94.26M	79.66M	117.25M	95.53M	96.64M	28.50M	60.80M
Interest Income	1.76M	4.73M	2.54M	1.41M	777K	1.50M	1.14M	1.22M
Interest Expense	70.85M	32.01M	30.78M	15.79M	20.05M	10.17M	9.91M	5.15M
Other Income/Expense	-71.66M	-29.74M	-30.87M	-14.88M	-20.57M	-11.09M	-11.59M	-7.02M
Net Income	73.13M	68.44M	70.20M	95.07M	78.42M	79.72M	26.40M	63.49M
Income Tax Expense	8.49M	25.83M	9.46M	22.19M	17.11M	16.91M	2.10M	15.49M
Net Profit Margin	7.5%	9.1%	10.1%	15.8%	14.8%	18.0%	6.4%	16.0%
EBITDA	159.52M	227.05M	213.67M	206.86M	169.09M	142.49M	96.76M	112.32M
EBITDA Margin	16.3%	30.1%	30.8%	34.4%	31.8%	32.2%	23.4%	28.3%
Depreciation & Amortization	6.23M	103.04M	103.15M	74.73M	52.98M	34.77M	56.68M	44.50M
EPS Basic	1.70	1.58	1.62	2.19	1.79	1.78	0.59	1.39
EPS Diluted	1.66	1.54	1.57	2.15	1.76	1.76	0.58	1.38
Weighted Average Basic Shares	43.00M	43.27M	43.46M	43.48M	43.92M	44.89M	44.79M	45.56M
Weighted Average Diluted Shares	44.02M	44.43M	44.66M	44.25M	44.62M	45.32M	45.34M	46.13M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.