Progress Net Income from 2010 to 2024

PRGS Stock  USD 69.89  0.64  0.92%   
Progress Software Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Progress Software Net Income quarterly data regression had r-value of  0.55 and coefficient of variation of  86.80. View All Fundamentals
 
Net Income  
First Reported
1991-08-31
Previous Quarter
16.2 M
Current Value
28.5 M
Quarterly Volatility
10.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
  
Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Latest Progress Software's Net Income Growth Pattern

Below is the plot of the Net Income of Progress Software over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Progress Software financial statement analysis. It represents the amount of money remaining after all of Progress Software operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Progress Software's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 70.2 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Progress Net Income Regression Statistics

Arithmetic Mean48,379,162
Geometric Mean43,191,156
Coefficient Of Variation86.80
Mean Deviation32,178,796
Median63,491,000
Standard Deviation41,993,425
Sample Variance1763.4T
Range150.8M
R-Value0.55
Mean Square Error1315T
R-Squared0.31
Significance0.03
Slope5,207,398
Total Sum of Squares24688.3T

Progress Net Income History

202484.8 M
202380.7 M
202270.2 M
202195.1 M
202078.4 M
201979.7 M
201826.4 M

Other Fundumenentals of Progress Software

Progress Software Net Income component correlations

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Progress Software investors may analyze each financial statement separately, they are all interrelated. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Progress Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income80.7 M84.8 M
Net Income Applicable To Common Shares109.3 M114.8 M
Net Income From Continuing Ops80.7 M48.3 M
Net Income Per Share 1.45  1.53 
Net Income Per E B T 0.79  0.54 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.