PROGRESS SOFTWARE CORP /MA
PROGRESS SOFTWARE CORP /MA
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Financial Statements
Values in Millions ($) | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 103 | 113 | 95 | 99 | 102 | 124 | 118 | 233 | 190 | 133 | 127 | 138 | |||||
Accounts Receivable Net Current | 125 | 148 | 196 | 151 | 140 | 126 | 164 | 88 | 82 | 89 | 126 | 100 | |||||
Contract With Customer Asset Net Current | 51 | 41 | 47 | 36 | 34 | 35 | 35 | 35 | 33 | 29 | 30 | 32 | |||||
Other Assets Current | 57 | 69 | 63 | 49 | 49 | 55 | 52 | 33 | 37 | 46 | 48 | 33 | |||||
Assets Current | 337 | 370 | 400 | 336 | 326 | 341 | 369 | 389 | 343 | 297 | 331 | 303 | |||||
Contract With Customer Asset Net Noncurrent | 44 | 28 | 30 | 31 | 30 | 30 | 29 | 35 | 32 | 34 | 28 | 33 | |||||
Property Plant And Equipment Net | 15 | 15 | 14 | 13 | 12 | 13 | 14 | 13 | 13 | 14 | 15 | 16 | |||||
Intangible Assets Net Excluding Goodwill | 515 | 550 | 584 | 619 | 651 | 686 | 724 | 285 | 305 | 328 | 354 | 379 | |||||
Goodwill | 1,310 | 1,309 | 1,309 | 1,309 | 1,294 | 1,294 | 1,292 | 833 | 833 | 833 | 832 | 826 | |||||
Operating Lease Right Of Use Asset | 32 | 31 | 26 | 28 | 27 | 28 | 31 | 13 | 14 | 15 | 19 | 21 | |||||
Deferred Income Tax Assets Net | 78 | 75 | 77 | 69 | 62 | 57 | 56 | 41 | 33 | 19 | 15 | 12 | |||||
Other Assets Noncurrent | 16 | 17 | 18 | 17 | 12 | 12 | 13 | 13 | 14 | 7 | 8 | 8 | |||||
Assets | 2,346 | 2,395 | 2,458 | 2,422 | 2,414 | 2,462 | 2,527 | 1,620 | 1,586 | 1,548 | 1,603 | 1,597 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt Current | - | - | 359 | - | - | - | 0 | 0 | 0 | 0 | 13 | 11 | |||||
Accounts Payable Current | 11 | 14 | 16 | 13 | 9 | 15 | 14 | 11 | 9 | 10 | 12 | 9 | |||||
Employee Related Liabilities Current | 47 | 45 | 72 | 63 | 42 | 43 | 65 | 44 | 35 | 33 | 50 | 42 | |||||
Contract With Customer Liability Current | 324 | 331 | 325 | 299 | 308 | 329 | 332 | 218 | 227 | 233 | 236 | 220 | |||||
Convertible Debt Current | 0 | 360 | 359 | 359 | 358 | - | 0 | - | - | - | - | - | |||||
Dividends Payable Current | - | - | 0 | - | - | - | 0 | 8 | 8 | 8 | 8 | 8 | |||||
Operating Lease Liability Current | 8 | 9 | 8 | 9 | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | |||||
Other Accrued Liabilities Current | 25 | 30 | 30 | 28 | 25 | 33 | 35 | 25 | 19 | 18 | 22 | 25 | |||||
Liabilities Current | 416 | 788 | 810 | 770 | 750 | 429 | 455 | 315 | 307 | 312 | 352 | 325 | |||||
Other Long Term Debt Noncurrent | 850 | 540 | 600 | 620 | 660 | 700 | 730 | 0 | 0 | 336 | 356 | 389 | |||||
Convertible Debt Noncurrent | 442 | 442 | 441 | 441 | 440 | 797 | 796 | 795 | 794 | 355 | 355 | 354 | |||||
Operating Lease Liability Noncurrent | 26 | 25 | 21 | 23 | 23 | 24 | 26 | 9 | 10 | 11 | 13 | 15 | |||||
Contract With Customer Liability Noncurrent | 99 | 94 | 100 | 82 | 80 | 72 | 72 | 67 | 65 | 64 | 59 | 60 | |||||
Deferred Income Tax Liabilities Net | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | |||||
Other Liabilities Noncurrent | 5 | 6 | 6 | 6 | 5 | 7 | 6 | 4 | 5 | 4 | 5 | 5 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 416 | 398 | 384 | 372 | 362 | 353 | 354 | 339 | 330 | 372 | 371 | 361 | |||||
Retained Earnings Accumulated Deficit | 124 | 133 | 127 | 138 | 123 | 116 | 120 | 119 | 106 | 123 | 121 | 115 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -34 | -33 | -33 | -32 | -33 | -38 | -36 | -33 | -35 | -34 | -32 | -32 | |||||
Stockholders Equity | 506 | 499 | 478 | 478 | 453 | 432 | 439 | 426 | 402 | 462 | 460 | 445 | |||||
Liabilities And Stockholders Equity | 2,346 | 2,395 | 2,458 | 2,422 | 2,414 | 2,462 | 2,527 | 1,620 | 1,586 | 1,548 | 1,603 | 1,597 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Allowance For Doubtful Accounts Receivable Current | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |||||
Common Stock Shares Issued | 41 | 42 | 42 | 43 | 43 | 43 | 43 | 43 | 43 | 44 | 44 | 44 | |||||
Shares Outstanding | 41 | 42 | 42 | 43 | 43 | 43 | 43 | 43 | 43 | 44 | 44 | 44 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.16% | 16.10% | 15.71% | 12.72% | - | - | - | - | - | - | - | - |
| 2025 | 14.75% | 18.56% | 21.47% | -20.39% | -26.85% | -34.27% | 7.98% | -4.67% | 0.89% | -5.36% | -11.14% | -30.96% |
| 2024 | 0.10% | 0.38% | 7.90% | 4.07% | 7.29% | 22.33% | -2.53% | 3.62% | -0.82% | -9.76% | -13.05% | -9.16% |
| 2023 | - | - | - | 3.11% | 8.20% | -0.46% | -5.53% | 1.42% | 0.77% | -3.92% | -9.68% | -12.43% |
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Performance and Valuation Metrics
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Metrics | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.81 | 0.47 | 0.49 | 0.44 | 0.43 | 0.79 | 0.81 | 1.23 | 1.12 | 0.95 | 0.94 | 0.93 | |||||
| Quick Ratio | 0.81 | 0.47 | 0.49 | 0.44 | 0.43 | 0.79 | 0.81 | 1.23 | 1.12 | 0.95 | 0.94 | 0.93 | |||||
| Working Capital | -79.53M | -417.98M | -409.77M | -434.26M | -424.62M | -87.87M | -86.33M | 73.65M | 35.76M | -14.95M | -21.33M | -21.86M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.82 | 1.58 | 1.69 | 1.61 | 1.66 | 0.99 | 1.04 | 0.74 | 0.76 | 0.68 | 0.77 | 0.73 | |||||
| Interest Coverage TTM | 2.66 | 2.47 | 2.16 | 2.09 | 2.45 | 2.82 | 3.87 | 4.31 | 3.71 | 3.41 | 3.59 | 4.34 | |||||
| Debt Ratio | 0.18 | 0.33 | 0.33 | 0.32 | 0.31 | 0.17 | 0.18 | 0.19 | 0.19 | 0.20 | 0.22 | 0.20 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.42 | 0.41 | 0.39 | 0.47 | 0.43 | 0.40 | 0.36 | 0.44 | 0.45 | 0.45 | 0.46 | 0.46 | |||||
| Days Sales Outstanding TTM | 48.24 | 50.63 | 67.07 | 46.42 | 46.72 | 48.68 | 70.10 | 47.81 | 43.47 | 46.50 | 58.78 | 49.23 | |||||
| Receivables Turnover TTM | 7.57 | 7.21 | 5.44 | 7.86 | 7.81 | 7.50 | 5.21 | 7.63 | 8.40 | 7.85 | 6.21 | 7.41 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.10 | 1.99 | 1.66 | 1.11 | 1.30 | 1.26 | 1.54 | 1.89 | 1.67 | 1.54 | 1.57 | 1.75 | |||||
| Free Cash Flow Per Share TTM | 7.28 | 6.11 | 5.34 | 4.33 | 3.96 | 4.71 | 4.77 | 5.14 | 4.83 | 4.39 | 3.87 | 4.02 | |||||
| Dividend Per Share TTM | 0.01 | 0.01 | 0.02 | 0.19 | 0.37 | 0.55 | 0.73 | 0.74 | 0.74 | 0.72 | 0.73 | 0.72 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 81.79% | 81.25% | 80.82% | 81.11% | 81.69% | 82.16% | 82.68% | 82.16% | 81.53% | 81.37% | 81.77% | 82.74% | |||||
| Operating Profit Margin TTM | 17.33% | 16.94% | 15.68% | 14.51% | 15.29% | 15.05% | 16.46% | 17.48% | 16.03% | 15.38% | 15.92% | 17.56% | |||||
| Net Profit Margin TTM | 8.87% | 8.61% | 7.48% | 5.16% | 6.63% | 7.03% | 9.08% | 11.55% | 10.29% | 9.67% | 10.11% | 11.65% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 15.50% | 22.42% | 29.79% | 31.41% | 22.10% | 12.85% | 8.49% | 6.05% | 9.36% | 15.06% | 15.35% | 15.31% | |||||
| Net Income Growth (1Y) | 54.63% | 49.79% | 6.86% | -41.26% | -21.40% | -17.95% | -2.51% | 5.16% | -9.85% | -29.63% | -26.16% | -8.94% | |||||
| EPS Growth (1Y) | 58.88% | 53.71% | 7.54% | -41.42% | -21.10% | -16.92% | -2.08% | 6.58% | -9.58% | -30.44% | -26.13% | -9.45% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 15.45 | 20.77 | 24.35 | 41.00 | 46.02 | 41.65 | 43.25 | 30.17 | 29.68 | 33.58 | 33.02 | 33.21 | |||||
| P/B TTM | 2.72 | 3.54 | 3.72 | 4.17 | 5.85 | 5.47 | 6.75 | 5.86 | 5.41 | 5.03 | 5.04 | 5.86 | |||||
| P/S TTM | 1.37 | 1.79 | 1.82 | 2.12 | 3.05 | 2.93 | 3.93 | 3.48 | 3.06 | 3.25 | 3.34 | 3.87 | |||||
| Market Cap | 1.38B | 1.77B | 1.78B | 1.99B | 2.65B | 2.36B | 2.96B | 2.49B | 2.17B | 2.32B | 2.32B | 2.61B | |||||
| Enterprise Value | 1.71B | 2.45B | 2.85B | 2.69B | 3.35B | 3.04B | 3.64B | 3.06B | 2.78B | 2.54B | 2.56B | 2.84B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 305.22M | 257.75M | 229.49M | 186.32M | 170.53M | 203.75M | 206.29M | 220.29M | 208.52M | 192.16M | 168.35M | 174.71M | |||||
| Net Debt | 339.17M | 688.22M | 1.06B | 700.32M | 696.29M | 673.12M | 678.19M | 562.57M | 603.86M | 222.10M | 240.92M | 227.64M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| EV Revenue TTM | |||||||||||||||||
| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
PROGRESS SOFTWARE CORP /MA (PRGS) — SEC Financial Statements & Analysis
PROGRESS SOFTWARE CORP /MA (PRGS) is a services-prepackaged software company, incorporated in DE. PROGRESS SOFTWARE CORP /MA trades on Nasdaq as: PRGS. Based on its latest SEC filing (Form 10-Q, period ending 2026-05-31), PROGRESS SOFTWARE CORP /MA reported a 15.50% year-over-year revenue growth, a Gross Profit Margin of 81.79% (TTM), a Debt-to-Equity ratio of 0.82x, a Price-to-Sales (P/S) ratio of 1.37x (TTM), a Price-to-Book (P/B) ratio of 2.72x (TTM), at a market cap of $1.38B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 15.50%
- Gross Profit Margin TTM
- 81.79%
- Debt To Equity
- 0.82x
- P/S TTM
- 1.37x
- P/B TTM
- 2.72x
- Market Cap
- $1.38B
Data as of 2026-05-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is PROGRESS SOFTWARE CORP /MA in?
PROGRESS SOFTWARE CORP /MA (PRGS) operates in the Services-Prepackaged Software industry.
What is PRGS's market cap?
PROGRESS SOFTWARE CORP /MA (PRGS) has a market capitalization of $1.38B as of 2026-05-31.
What is PRGS's P/E ratio?
PROGRESS SOFTWARE CORP /MA (PRGS)'s trailing twelve month P/E ratio is 15.45x as of 2026-05-31.
What exchange does PRGS trade on?
PROGRESS SOFTWARE CORP /MA (PRGS) trades on the Nasdaq.
Where is PROGRESS SOFTWARE CORP /MA incorporated?
PROGRESS SOFTWARE CORP /MA is incorporated in DE.