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    Progress Software Corporation

    PRGS
    Last price US$37.81
    Market cap US$1.6b
    12M price change -24.36%
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    Alphabet Inc Class AGOOGL Industry peer PayPal Holdings IncPYPL Industry peer Park City Group IncPCYG Industry peer Applied Materials IncAMAT Sector peer
    Overview Earnings Report Price History News Competitors Earnings per Share Return on Equity Net Margin Share Buyback Leverage Financial Statements Financial Ratio
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    Progress Software Corporation Overview

    Industry: Software & IT Services

    Sector: Technology

    Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, a flexible application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit, DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; and Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules. Further, the company offers project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling Read More

    Mavefund brings filings, fundamentals, valuation, price history and news for Progress Software Corporation into one research view. The sections below show what strengthens or weakens the research case.

    Score

    Reported Results

    What the company reported, with filing details kept small.

    Filed Jun 30, 2026

    Quarterly result summary

    Revenue was $253M (+7% YoY); EPS was $0.5 (reported).

    Revenue $253M +7% YoY
    EPS $0.5 reported
    Operating income $45.2M +17% YoY
    Net income $21.1M +24% YoY

    What changed

    • Revenue +7% YoY to $253M; EPS reported to $0.5.
    • Operating income +17% YoY to $45.2M.
    • Net income +24% YoY to $21.1M.

    Guidance / outlook

    We expect to continue to incur legal and other professional services expenses in future periods associated with the MOVEit Vulnerability.

    Earnings release Open filing

    Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

    Other recent earnings materials
    SEC filing 8-K filing Jul 22, 2026 SEC filing 10-Q Jun 30, 2026 SEC filing 8-K Jun 30, 2026 Earnings material Earnings release Jun 30, 2026 SEC filing 10-Q Mar 31, 2026 Earnings release Earnings release Mar 30, 2026 SEC filing 8-K Mar 30, 2026 Earnings material Earnings release Mar 30, 2026 SEC filing 10-K Jan 20, 2026 SEC filing 8-K Jan 20, 2026 Earnings release Earnings release Jan 20, 2026

    Prediction-grade evidence

    Recent News

    Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

    Earnings Per Share

    Score 2.00/5
    Progress Software Corporation earns a low score, as its Earnings Per Share (EPS) has not shown continuous growth over the last six years. Notable counterparts in the sector with high scores includes Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
    In Software & IT Services industry , Alphabet Inc Class A , PayPal Holdings Inc , Park City Group Inc are companies with high ratings.

    Return on Equity

    Score 3.36/5
    Progress Software Corporation stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
    Progress Sof... PRGS US$1.6b
    Applied Mate... AMAT US$478.4b
    Alphabet Inc... GOOGL US$4.3t
    Check Point ... CHKP US$14.4b

    Net Margin

    Score 3.55/5
    Progress Software Corporation commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
    Progress Sof... PRGS US$1.6b
    Applied Mate... AMAT US$478.4b
    Alphabet Inc... GOOGL US$4.3t
    Check Point ... CHKP US$14.4b

    Share Buyback

    In Software & IT Services industry , Alphabet Inc Class A , PayPal Holdings Inc , Park City Group Inc are companies with high ratings.

    Leverage

    Score 1.74/5
    Progress Software Corporation registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd have achieved high scores.
    Progress Sof... PRGS US$1.6b
    Applied Mate... AMAT US$478.4b
    Alphabet Inc... GOOGL US$4.3t
    Check Point ... CHKP US$14.4b

    Financial Statements

    Company-reported SEC EDGAR facts organized into the three core statements.

    Verified SEC statements load when this section enters view.

    Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

    Financial Ratio

    Yearly Quarterly

    Financial
    Profitability
    Growth
    Cash Flow
    Financial Health
    Efficiency Ratios

    Progress Software Corporation logo

    Progress Software Corporation

    US$37.81

    US$49.35

    +30.5% vs price

    US$1.6b

    -6.69%

    -24.36%