PROGRESS SOFTWARE CORP /MA
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.
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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
52-week range
- Market cap
- $1.3B
- P/E ratio
- 18.8
- EPS (diluted)
- $1.66
- Dividend yield
- 2.25%
- Shares outstanding
- 42.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 14, 1991
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- 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 52% below its 52-week high.
- Pays a dividend yielding about 2.25% annually.
- Valued at a price-to-earnings (P/E) ratio of 18.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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