Progress Software Financials

PRGS Stock  USD 40.73  0.68  1.70%   
Based on the measurements of operating efficiency obtained from Progress Software's historical financial statements, Progress Software may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Progress Software's Non Currrent Assets Other are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 172.5 M in 2026, whereas Property Plant And Equipment Net is likely to drop slightly above 41.7 M in 2026.
Some fundamental drivers such as market cap or Progress Software enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Progress Software valuation indicators such as to time the market for research purposes based on the trend in valuation ratios. It is a perfect tool to project the direction of Progress Software's future value.

Progress Software Valuation Data Chart

Market Cap is likely to gain to about 1.7 B in 2026. Enterprise Value is likely to gain to about 1.5 B in 2026
Key indicators impacting Progress Software's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.681.6
Sufficiently Up
Slightly volatile
Current Ratio0.540.57
Notably 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 research Progress Software's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Progress Software.

Net Income

88.31 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 Assets1.4B1.6B2.5B2.5B2.8B3.0B
Other Current Liab24.9M30.9M35.2M460.6M529.6M556.1M
Net Debt384.3M620.1M1.4B756.2M869.6M913.1M
Retained Earnings101.7M120.9M120.4M127.4M146.5M166.8M
Cash256.3M127.0M118.1M94.8M109.0M127.2M
Net Receivables127.0M155.8M198.2M272.3M313.2M328.8M
Other Current Assets42.8M48.0M52.5M32.8M37.7M40.4M
Total Liab1.0B1.1B2.1B2.0B2.3B2.4B
Total Current Assets426.1M330.8M368.8M400.0M460.0M296.1M
Short Term Debt13.7M23.2M9.2M8.5M9.8M13.6M
Intangible Assets217.4M354.3M723.6M584.0M671.6M705.2M
Accounts Payable9.3M12.4M13.9M15.9M18.3M15.1M
Common Stock433K438K434K423K380.7K361.7K
Good Will671.0M832.1M1.3B1.3B1.5B1.6B
Long Term Debt611.8M710.9M1.5B1.0B1.2B1.3B

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 for research and analysis purposes. 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, this information can be used for research and educational purposes even though its price per share may not have changed.
202120222023202420252026 (projected)
Interest Expense15.8M30.8M32.0M70.9M81.5M85.6M
Total Revenue602.0M694.4M753.4M977.8M1.1B1.2B
Gross Profit507.5M567.9M622.9M790.3M908.8M954.2M
Operating Income132.1M110.5M124.0M153.3M176.3M185.1M
Ebit133.0M110.5M126.3M153.3M176.3M185.1M
Ebitda207.8M110.5M229.3M159.5M183.5M192.6M
Cost Of Revenue94.5M126.6M130.5M187.6M215.7M226.5M
Income Before Tax117.3M79.7M94.3M81.6M93.9M53.1M
Net Income95.1M70.2M68.4M73.1M84.1M88.3M
Income Tax Expense22.2M9.5M25.8M8.5M9.8M16.1M
Research Development114.6M132.4M146.3M192.3M221.1M232.2M
Tax Provision22.2M9.5M25.8M8.5M7.6M13.6M
Interest Income1.4M2.5M4.7M1.8M2.0M1.9M
Net Interest Income(14.4M)(28.2M)(27.3M)(69.1M)(62.2M)(59.1M)

Progress Software Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash94.4M(129.3M)(8.9M)(23.3M)(20.9M)(19.9M)
Free Cash Flow186.1M168.4M206.3M229.5M263.9M277.1M
Depreciation76.8M105.3M103.0M151.7M174.5M183.2M
Other Non Cash Items(2.2M)(42.1M)15.8M21.5M24.8M26.0M
Capital Expenditures6.1M5.6M5.2M5.7M5.1M7.5M
Net Income95.1M70.2M68.4M73.1M84.1M88.3M
End Period Cash Flow251.8M127.0M118.1M94.8M109.0M127.0M
Dividends Paid31.1M31.6M(31.5M)(786K)(707.4K)(672.0K)
Investments11.4M(258.6M)(6.1M)(360.4M)(857.9M)0.0
Net Borrowings602K103.1M797.5M(130M)(149.5M)(142.0M)

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  0.27  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Progress Software is roughly  3.64 . 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.
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

3.07

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

Progress Software February 5, 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.