Company research / PRGS

Progress Software Corp (PRGS)

SEC name PROGRESS SOFTWARE CORP /MA · CIK 0000876167 · Nasdaq · Services-Prepackaged Software

  • Sector Services
  • Incorporated DE
  • Fiscal year ends Nov 30

For the year ended 2025-11-30, Progress Software Corp reported revenue of $977.83M. Revenue grew 29.8% from the prior annual period. Over the twelve months to 2026-08-31, revenue was $999.93M.

Key ratios (year ended 2025-11-30)

80.8%
Gross margin
15.7%
Operating margin
7.5%
Net margin
15.3%
Return on year-end equity
29.8%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-07

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-08-31 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 3-for-2, first reflected in a filing dated 2011-01-31. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-08-31
2025-11-302024-11-302023-11-302022-11-302021-11-302020-11-302019-11-302018-11-302017-11-302016-11-30
Revenue$999.93M$977.83M$753.41M$694.44M$602.01M$531.31M$442.15M$413.30M$378.98M$389.15M$405.34M
Cost of Revenue$177.73M$187.58M$130.48M$126.58M$94.50M$78.45M$62.11M$75.24M$66.97M$69.16M$65.71M
Gross Profit$822.21M$790.25M$622.93M$567.86M$507.52M$452.86M$380.04M$338.06M$312.01M$320.00M$339.63M
Operating Income$176.59M$153.29M$124.00M$110.52M$132.13M$116.10M$107.73M$40.08M$67.81M$57.49M-$29.71M
Depreciation & Amortizationn/a$6.20M$6.40M$6.30M$5.00M$5.50M$6.10M$7.60M$6.90M$7.50M$8.50M
EBITDAn/a$159.49M$130.40M$116.82M$137.13M$121.60M$113.83M$47.68M$74.71M$64.99M-$21.21M
Net Income$92.41M$73.13M$68.44M$70.20M$95.07M$78.42M$79.72M$26.40M$49.67M$29.02M-$55.73M
EPS (Diluted)n/a$1.66$1.54$1.57$2.15$1.76$1.76$0.58$1.08$0.60-$1.13
Total Assets$2.30B$2.46B$2.53B$1.60B$1.41B$1.36B$1.04B$881.27M$644.15M$718.72M$754.83M
Long-Term Debt$1.23B$1.40B$1.53Bn/an/an/a$384.45M$297.24M$117.56M$123.75M$135.00M
Shareholders' Equity$529.98M$478.35M$438.79M$459.71M$398.50M$412.49M$346.01M$330.28M$324.00M$404.38M$406.63M
Cash & Equivalents$113.65M$94.81M$118.08M$126.96M$256.28M$155.41M$97.99M$154.26M$105.13M$133.46M$207.04M
Operating Cash Flow$328.27M$235.19M$211.49M$173.92M$192.16M$178.53M$144.85M$128.48M$121.35M$105.69M$102.84M
Capital Expenditures$9.13M$5.70M$5.21M$5.57M$6.09M$4.65M$6.52M$4.00M$7.25M$3.38M$5.79M
Free Cash Flow$319.15M$229.49M$206.29M$168.35M$186.07M$173.88M$138.33M$124.49M$114.10M$102.31M$97.06M
Share Repurchases$112.01M$105.16M$86.78M$33.96M$77.04M$35.00M$60.00M$25.00M$120.00M$73.94M$79.19M
Dividends Paid$500.0K$786.0K$31.46M$31.55M$31.06M$31.56M$29.90M$27.76M$25.79M$24.13M$0
Shares Outstanding40.95M42.34M43.36M43.80M43.26M44.15M44.24M45.04M45.11M47.28M48.54M
Dividends Per Sharen/a$0.00$0.53$0.70$0.70$0.70$0.67$0.63$0.57$0.52$0.12
Weighted Average Diluted Sharesn/a44.02M44.43M44.66M44.25M44.62M45.32M45.34M46.13M48.52M49.48M
EPS (Basic)n/a$1.70$1.58$1.62$2.19$1.79$1.78$0.59$1.09$0.60-$1.13

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