Stocks Technology PRGS
NASDAQ · TechnologyProgress Software Corp (PRGS)
Progress Software Corp brought in $999.9M of revenue over the twelve months to August 31, 2026, up 6.4% from a year earlier. Net income was $92.4M, a net margin of 9.2%. Operating cash flow minus capital spending left $229.5M of free cash flow in fiscal 2025. At August 31, 2026 it held $113.7M in cash against $1.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 30, 2026.
Key facts about Progress Software Corp
- Net worth
- Progress Software Corp has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of $530M on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $977.8M (+29.8% year on year), with net income of $73.1M. Over the 12 months to August 31, 2026: revenue $999.9M, net income $92.4M.
- Cash flow
- In fiscal 2025 operations brought in $235.2M of cash; after $5.7M of capital spending, free cash flow was $229.5M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 30, 2026 and covers the period to August 31, 2026. Open on SEC EDGAR
- Next earnings report
- Progress Software Corp's next report is expected around January 19, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Progress Software Corp does
Progress Software Corp is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NASDAQ under the ticker PRGS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $977.8M | $73.1M | $1.66 | $229.5M |
| 2024 | $753.4M | $68.4M | $1.54 | $206.3M |
| 2023 | $694.4M | $70.2M | $1.57 | $168.4M |
| 2022 | $602M | $95.1M | $2.15 | $186.1M |
| 2021 | $531.3M | $78.4M | $1.76 | $173.9M |
| 2020 | $442.2M | $79.7M | $1.76 | $138.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PRGS ranks in Technology
Dividends
It paid out $786K in cash dividends, 1% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.00 | $786K | 1% |
| 2024 | $0.53 | $31.5M | 46% |
| 2023 | $0.70 | $31.6M | 45% |
| 2022 | $0.70 | $31.1M | 33% |
| 2021 | $0.70 | $31.6M | 40% |
| 2020 | $0.67 | $29.9M | 38% |
Latest SEC filings
What Progress Software Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Exhibits 8-K/A
- September 30, 2026Quarterly report10-Q · period to August 31, 2026Progress Software reported a 2% revenue decline in the third quarter of fiscal 2026 but achieved revenue growth and stronger operating cash flow over the nine-month period.Revenue fell 1.5% to $246M versus the same quarter last year; diluted EPS $0.55 versus $0.44.
- September 30, 2026Quarterly results8-KProgress Software reported higher earnings for the fiscal third quarter of 2026 and completed its acquisition of Domo's AI and data platform business.
- September 22, 2026Acquisition or sale completed8-KProgress Software completed the acquisition of Domo's AI and data platform business for $400 million in cash.
- July 31, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026Passive stake changed SCHEDULE 13G/A
- July 22, 2026
- June 30, 2026
- June 30, 2026Quarterly report 10-Q · period to May 31, 2026Revenue rose 6.8% to $253.5M versus the same quarter last year; diluted EPS $0.50 versus $0.39.
- June 30, 2026
What is PRGS worth? A DCF from its reported cash flow
Insider trades
What the people running Progress Software Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $350.1K worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 21, 2026 | Jarrett LorenEVP/GM Digital Experience | Soldpre-planned (10b5-1) | 2,086 | $90.7K |
| October 16, 2026 | Folger AnthonyChief Financial Officer | Soldpre-planned (10b5-1) | 1,700 | $68.2K |
| October 16, 2026 | Folger AnthonyChief Financial Officer | Soldpre-planned (10b5-1) | 1,367 | $55.6K |
| October 5, 2026 | Wang Yufan StephanieChief Legal Officer | Soldpre-planned (10b5-1) | 1,245 | $46.1K |
| October 1, 2026 | Ainsworth JohnEVP/GM App & Data Platform | Exercised options | 1,168 | - |
| October 1, 2026 | Ainsworth JohnEVP/GM App & Data Platform | Shares withheld for tax | 519 | $20.2K |
| October 1, 2026 | Ainsworth JohnEVP/GM App & Data Platform | Exercised options | 1,709 | - |
| October 1, 2026 | Ainsworth JohnEVP/GM App & Data Platform | Shares withheld for tax | 758 | $29.6K |
Who owns PRGS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 9.57% | July 31, 2026 |
| Vanguard Capital Management13G, passive | 5.35% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 293 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 7,570,529 | +598,449 |
| Vanguard Portfolio Management LLC | 3,846,694 | +415,979 |
| State Street Corp | 1,961,723 | +200,714 |
| Vanguard Capital Management LLC | 1,899,835 | -28,805 |
| Victory Capital Management Inc | 1,689,867 | +741,973 |
| Arrowstreet Capital, Limited Partnership | 1,274,910 | +53,263 |
| Goldman Sachs Group Inc | 1,258,502 | +607,467 |
| Manufacturers Life Insurance Company, The | 1,214,414 | +144,087 |
| Geode Capital Management, LLC | 1,171,371 | +84,656 |
| Dimensional Fund Advisors LP | 1,076,430 | -157,400 |
| Aqr Capital Management LLC | 1,042,345 | +652,620 |
| Heron Bay Capital Management | 1,012,832 | +97,135 |
| Nomura Asset Management International Inc. | 880,608 | +231,758 |
| Systematic Financial Management LP | 861,531 | -23,259 |
| American Century Companies Inc | 832,699 | +124,892 |
| Fuller & Thaler Asset Management, Inc. | 795,068 | +159,856 |
| Kennedy Capital Management LLC | 741,875 | +436,961 |
| Charles Schwab Investment Management Inc | 682,103 | +84,440 |
| Rice Hall James & Associates, LLC | 570,261 | +117,559 |
| Barclays PLC | 569,452 | +50,912 |
Insiders
15 insiders reported holding 957,754 shares in total, about $42M at the last price.
| Holder | Shares |
|---|---|
| Gupta Yogesh KChief Executive Officer, Director | 300,846 |
| Krall DavidDirector | 105,947 |
| Kane Charles FrancisDirector | 76,291 |
| Gawlick RainerDirector | 61,401 |
| Ainsworth JohnEVP/GM App & Data Platform | 60,960 |
| Dacier Paul TDirector | 58,691 |
| Egan John RDirector | 57,174 |
| Tucci AngelaDirector | 51,116 |
| King SamskritiDirector | 51,116 |
| Folger AnthonyChief Financial Officer | 49,984 |
Questions about PRGS
What does Progress Software Corp do?
Progress Software Corp is a company in the Technology sector, listed on NASDAQ as PRGS. Its shares trade on NASDAQ under the ticker PRGS.
What is Progress Software Corp's net worth?
Progress Software Corp has a market value (market cap) of $1.8B at the latest share price, and shareholders' equity of $530M on its balance sheet at August 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Progress Software Corp profitable?
Yes. Over the twelve months to August 31, 2026 it reported net income of $92.4M on revenue of $999.9M, a net margin of 9.2%.
How much revenue does Progress Software Corp make?
Over the twelve months to August 31, 2026 Progress Software Corp reported revenue of $999.9M. That is 6.4% more than a year earlier.
When did Progress Software Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on September 30, 2026. It covers the period to August 31, 2026. Its newest filing of any kind is the exhibits from October 29, 2026.
When is Progress Software Corp's next earnings report?
Progress Software Corp's next report is expected around January 19, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Progress Software Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.