Progress Software Financials

PRGS Stock  USD 40.09  0.83  2.03%   
Based on the measurements of operating efficiency obtained from Progress Software's historical financial statements, Progress Software is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in February. At this time, Progress Software's Cash And Short Term Investments are comparatively stable compared to the past year. Net Receivables is likely to gain to about 239.4 M in 2026, whereas Property Plant And Equipment Net is likely to drop slightly above 41.7 M in 2026.
 
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Progress Software Balance Sheet Chart

At this time, Progress Software's Cash And Short Term Investments are comparatively stable compared to the past year. Net Receivables is likely to gain to about 239.4 M in 2026, whereas Property Plant And Equipment Net is likely to drop slightly above 41.7 M in 2026.
Key indicators impacting Progress Software's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio3.363.2
Sufficiently Up
Slightly volatile
Current Ratio0.890.93
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for Progress Software includes many different criteria found on its balance sheet. An individual investor should monitor Progress Software's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Progress Software.

Net Income

82.64 Million

  
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Progress Software Earnings Geography

Please note, the imprecision that can be found in Progress Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Progress Software. Check Progress Software's Beneish M Score to see the likelihood of Progress Software's management manipulating its earnings.

Progress Software Stock Summary

Progress Software competes with DoubleVerify Holdings, EPlus, Sprinklr, Ivanhoe Electric, and Porch. Progress Software Corporation develops, deploys, and manages business applications. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. Progress Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2103 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7433121008
Business Address15 Wayside Road,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.progress.com
Phone781 280 4000
CurrencyUSD - US Dollar

Progress Software Key Financial Ratios

Progress Software Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets1.4B1.4B1.6B2.5B2.9B3.1B
Other Current Liab19.5M17.4M20.8M26.0M29.9M57.6M
Net Debt443.9M384.3M630.3M1.4B1.7B1.7B
Retained Earnings90.3M61.9M120.9M120.4M138.5M166.3M
Cash155.4M256.3M127.0M118.1M135.8M127.9M
Net Receivables125.6M127.0M155.8M198.2M228.0M239.4M
Other Current Assets54.8M42.8M48.0M52.5M60.4M40.5M
Total Liab951.0M1.0B1.1B2.1B2.4B2.5B
Total Current Assets337.8M421.5M330.8M368.8M424.1M292.0M
Short Term Debt41.6M21.2M33.3M18.4M21.2M15.3M
Intangible Assets287.2M217.4M354.3M723.6M832.1M873.7M
Accounts Payable9.7M9.3M12.4M13.9M16.0M15.1M
Common Stock441K332.1M438K434K499.1K474.1K
Good Will671.2M671.0M832.1M1.3B1.5B1.6B
Long Term Debt534.5M611.8M710.9M1.5B1.8B1.8B

Progress Software Key Income Statement Accounts

The reason investors look at the income statement is to determine what Progress Software's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202120222023202420252026 (projected)
Interest Expense20.0M15.8M30.8M32.0M36.8M38.7M
Total Revenue531.3M602.0M694.4M753.4M866.4M909.7M
Gross Profit452.9M507.5M567.9M622.9M716.4M752.2M
Operating Income116.1M132.1M110.5M124.0M142.6M149.7M
Ebit115.6M133.0M110.5M126.3M145.2M152.5M
Ebitda178.9M214.8M110.5M124.0M142.6M80.8M
Cost Of Revenue78.4M94.5M126.6M130.5M150.1M157.6M
Income Before Tax95.5M117.3M79.7M94.3M108.4M113.8M
Net Income78.4M95.1M70.2M68.4M78.7M82.6M
Income Tax Expense17.1M22.2M9.5M25.8M29.7M16.3M
Research Development103.3M114.6M132.4M146.3M168.3M176.7M
Tax Provision17.1M22.2M9.5M25.8M23.2M14.3M
Interest Income777K1.4M2.5M4.7M5.4M5.7M
Net Interest Income(19.3M)(14.4M)(28.2M)(27.3M)(24.6M)(23.3M)

Progress Software Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash51.4M94.4M(129.3M)(8.9M)(8.0M)(7.6M)
Free Cash Flow173.9M186.1M168.4M206.3M237.2M249.1M
Depreciation61.2M76.8M105.3M103.0M118.5M124.4M
Other Non Cash Items10.7M(2.2M)(42.1M)15.8M18.2M19.1M
Capital Expenditures4.7M6.1M5.6M5.2M4.7M7.6M
Net Income78.4M95.1M70.2M68.4M78.7M82.6M
End Period Cash Flow157.4M251.8M127.0M118.1M135.8M148.3M
Dividends Paid31.6M31.1M31.6M(31.5M)(28.3M)(26.9M)
Investments(258.6M)(6.1M)(360.4M)(857.9M)(772.1M)(733.5M)
Net Borrowings231.9M602K103.1M797.5M917.1M963.0M

Progress Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Progress Software's current stock value. Our valuation model uses many indicators to compare Progress Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Progress Software competition to find correlations between indicators driving Progress Software's intrinsic value. More Info.
Progress Software is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about  0.50  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Progress Software is roughly  1.99 . At this time, Progress Software's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Progress Software by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from Progress Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progress Software current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.At this time, Progress Software's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2026, whereas Issuance Of Capital Stock is likely to drop slightly above 25.6 M in 2026.
 2022 2023 2025 2026 (projected)
Total Revenue694.4M753.4M866.4M909.7M
Interest Expense30.8M32.0M36.8M38.7M

Progress Software fundamental ratios Correlations

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0.99-0.290.950.120.060.99-0.16-0.251.0-0.1-0.30.97-0.51.0-0.130.380.681.00.820.29-0.110.99-0.15-0.240.81
-0.2-0.29-0.140.490.6-0.390.620.59-0.270.360.67-0.240.81-0.330.630.33-0.05-0.30.080.370.38-0.310.19-0.38-0.44
0.980.95-0.140.310.210.92-0.1-0.070.970.07-0.110.99-0.370.950.010.510.840.960.830.47-0.020.94-0.2-0.50.75
0.250.120.490.310.85-0.020.780.780.160.190.750.250.610.070.370.670.190.110.550.910.660.090.4-0.760.04
0.170.060.60.210.85-0.060.750.630.10.320.640.170.590.010.30.440.080.050.440.70.620.050.44-0.7-0.17
0.960.99-0.390.92-0.02-0.06-0.3-0.40.98-0.11-0.440.95-0.620.99-0.210.260.680.990.740.14-0.240.99-0.24-0.160.8
-0.07-0.160.62-0.10.780.75-0.30.74-0.160.00.77-0.120.8-0.230.280.36-0.32-0.210.360.580.65-0.190.64-0.36-0.22
-0.13-0.250.59-0.070.780.63-0.40.74-0.240.170.97-0.140.78-0.290.530.54-0.05-0.260.120.80.61-0.310.33-0.5-0.17
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-0.04-0.10.360.070.190.32-0.110.00.17-0.060.160.010.1-0.090.30.020.3-0.07-0.140.150.09-0.1-0.18-0.41-0.32
-0.17-0.30.67-0.110.750.64-0.440.770.97-0.280.16-0.20.8-0.340.440.42-0.09-0.30.120.730.54-0.350.37-0.54-0.25
0.990.97-0.240.990.250.170.95-0.12-0.140.980.01-0.2-0.440.97-0.080.450.760.980.840.4-0.010.97-0.13-0.410.79
-0.41-0.50.81-0.370.610.59-0.620.80.78-0.490.10.8-0.44-0.550.620.41-0.34-0.52-0.030.470.64-0.530.4-0.27-0.45
0.981.0-0.330.950.070.010.99-0.23-0.290.99-0.09-0.340.97-0.55-0.160.340.711.00.790.25-0.181.0-0.21-0.230.82
-0.07-0.130.630.010.370.3-0.210.280.53-0.130.30.44-0.080.62-0.160.730.22-0.130.00.460.48-0.17-0.21-0.13-0.17
0.450.380.330.510.670.440.260.360.540.380.020.420.450.410.340.730.460.370.530.810.620.320.03-0.440.32
0.740.68-0.050.840.190.080.68-0.32-0.050.730.3-0.090.76-0.340.710.220.460.730.510.39-0.180.69-0.62-0.50.55
0.991.0-0.30.960.110.050.99-0.21-0.261.0-0.07-0.30.98-0.521.0-0.130.370.730.80.29-0.150.99-0.21-0.280.81
0.860.820.080.830.550.440.740.360.120.83-0.140.120.84-0.030.790.00.530.510.80.560.190.810.16-0.480.66
0.40.290.370.470.910.70.140.580.80.310.150.730.40.470.250.460.810.390.290.560.580.230.21-0.730.26
-0.05-0.110.38-0.020.660.62-0.240.650.61-0.120.090.54-0.010.64-0.180.480.62-0.18-0.150.190.58-0.180.62-0.34-0.18
0.980.99-0.310.940.090.050.99-0.19-0.310.99-0.1-0.350.97-0.531.0-0.170.320.690.990.810.23-0.18-0.2-0.230.79
-0.14-0.150.19-0.20.40.44-0.240.640.33-0.18-0.180.37-0.130.4-0.21-0.210.03-0.62-0.210.160.210.62-0.2-0.18-0.21
-0.38-0.24-0.38-0.5-0.76-0.7-0.16-0.36-0.5-0.31-0.41-0.54-0.41-0.27-0.23-0.13-0.44-0.5-0.28-0.48-0.73-0.34-0.23-0.18-0.08
0.790.81-0.440.750.04-0.170.8-0.22-0.170.8-0.32-0.250.79-0.450.82-0.170.320.550.810.660.26-0.180.79-0.21-0.08
Click cells to compare fundamentals

Progress Software Account Relationship Matchups

Progress Software fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets1.4B1.4B1.6B2.5B2.9B3.1B
Other Current Liab19.5M17.4M20.8M26.0M29.9M57.6M
Net Debt443.9M384.3M630.3M1.4B1.7B1.7B
Retained Earnings90.3M61.9M120.9M120.4M138.5M166.3M
Cash155.4M256.3M127.0M118.1M135.8M127.9M
Net Receivables125.6M127.0M155.8M198.2M228.0M239.4M
Other Current Assets54.8M42.8M48.0M52.5M60.4M40.5M
Total Liab951.0M1.0B1.1B2.1B2.4B2.5B
Total Current Assets337.8M421.5M330.8M368.8M424.1M292.0M
Short Term Debt41.6M21.2M33.3M18.4M21.2M15.3M
Intangible Assets287.2M217.4M354.3M723.6M832.1M873.7M
Accounts Payable9.7M9.3M12.4M13.9M16.0M15.1M
Common Stock441K332.1M438K434K499.1K474.1K
Good Will671.2M671.0M832.1M1.3B1.5B1.6B
Long Term Debt534.5M611.8M710.9M1.5B1.8B1.8B

Progress Software Thematic Clasifications

Progress Software is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
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This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
Today, most investors in Progress Software Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Progress Software's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Progress Software growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(14.98)

At this time, Progress Software's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Progress Software January 17, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Progress Software help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Progress Software. We use our internally-developed statistical techniques to arrive at the intrinsic value of Progress Software based on widely used predictive technical indicators. In general, we focus on analyzing Progress Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Progress Software's daily price indicators and compare them against related drivers.

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.