PROGRESS SOFTWARE CORP /MA (PRGS)
About PROGRESS SOFTWARE CORP /MA
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
This profile is unclaimed. An authorized representative can claim it to add details and earn the Verified badge.
Financial summary
- Revenue FY2025
- $977.8M
- Net income
- $73.1M
- Total assets
- $2.5B
- Market cap
- $1.3B
- Gross margin
- 80.8%
- Operating margin
- 15.7%
- Net margin
- 7.5%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $977.8M
- Cost of revenue
- $187.6M
- Gross profit
- $790.2M
- Operating expenses
- $637.0M
- Operating income
- $153.3M
- Income tax
- $8.5M
- Net income
- $73.1M
- EPS (basic)
- $1.70
- EPS (diluted)
- $1.66
Balance sheet
- Total assets
- $2.5B
- Current assets
- $400.0M
- Total liabilities
- $2.0B
- Current liabilities
- $809.7M
- Shareholders’ equity
- $478.3M
Cash flow
- Operating cash flow
- $235.2M
- Investing cash flow
- -$26.9M
- Financing cash flow
- -$238.4M
- Net cash flow
- -$23.3M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $1.3B
- P/E ratio
- 22.8
- EPS (diluted)
- $1.66
- Dividend yield
- 1.85%
- Shares outstanding
- 34.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 14, 1991
Progress Software Corp /MA (PRGS) Stock Price
- Profitable — net income of $73.1M in FY2025.
- Revenue grew 84% from FY2021 to FY2025.
- Gross margin of 80.8%, net margin 7.5%.
- Trading 41% below its 52-week high.
- Pays a dividend yielding about 1.85% annually.
- Valued at a price-to-earnings (P/E) ratio of 22.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
No reviews yet. Be the first to review PROGRESS SOFTWARE CORP /MA.
Write a review
News about PROGRESS SOFTWARE CORP /MA
News & sentiment via Polygon.io
Progress Software Corp /MA: frequently asked questions
Is Progress Software Corp /MA an American company?
Progress Software Corp /MA is a US-based company headquartered in Burlington, Massachusetts, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Progress Software Corp /MA headquartered?
Progress Software Corp /MA is headquartered in Burlington, Massachusetts, United States.
Is Progress Software Corp /MA publicly traded?
Yes — Progress Software Corp /MA is a publicly traded company. Its stock trades under the ticker symbol PRGS on the NASDAQ.
What does Progress Software Corp /MA do?
Progress Software Corp /MA is an American Software company in the Technology & Electronics sector.
