Progress Software (PRGS) Financials: Revenue & Earnings
PRGS$44.43-0.82 -1.80%
$1.82B
Market Cap
21.21
P/E
7.18
Forward P/E
59
Score
Progress Software (PRGS) Financials: Revenue & Earnings
PRGS price $44.43 -0.82 -1.80%
- Ticker
- PRGS
- Price
- $44.43
- Change
- -0.82 -1.80%
- Market cap ?
- $1.82B
- P/E ?
- 21.21
- Forward P/E ?
- 7.18
- Dividend yield ?
- 0.00%
- Beta ?
- 0.89
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stocklytics score
- 59
- Value
- 71
- Quality
- 45
- Growth
- 62
Stocklytics score rationale: value 71, quality 45, growth 62.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 405341000 | 397572000 | 397165000 | 413298000 | 442150000 | 531313000 | 602013000 | 694439000 | 753409000 | 977831000 |
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of…
Fair value
PRGS fair value $160.34. Price $44.43. Price is 72% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 82% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 319.15M. Growth 7.14%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.17% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 40.87M. Net debt 756.19M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-01-19 | — | 1.26 | — | 300.31M |
| 2026-09-30 | 1.69 | 1.52 | 246.00M | 247.33M |
| 2026-06-30 | 1.62 | 1.49 | 237.35M | 242.74M |
| 2026-03-30 | 1.60 | 1.57 | 247.80M | 246.41M |
| 2026-01-20 | 1.51 | 1.31 | 252.67M | 252.93M |
| 2025-09-29 | 1.50 | 1.30 | 249.79M | 240.11M |
| 2025-06-30 | 1.40 | 1.30 | 237.35M | 239.98M |
| 2025-03-31 | 1.31 | 1.06 | 238.01M | 235.63M |
| 2025-01-21 | 1.33 | 1.21 | 214.96M | 235.84M |
| 2024-09-24 | 1.26 | 1.14 | 178.69M | 176.16M |
| 2024-06-25 | 1.09 | 0.95 | 175.08M | 168.42M |
| 2024-03-26 | 1.25 | 1.14 | 184.69M | 181.91M |
| 2024-01-16 | 1.02 | 0.91 | 176.97M | 174.05M |
| 2023-09-26 | 1.08 | 1.00 | 174.99M | 174.05M |
| 2023-06-29 | 1.06 | 0.90 | 178.25M | 169.78M |
| 2023-03-28 | 1.19 | 1.04 | 164.23M | 158.66M |
| 2023-01-17 | 1.12 | 1.09 | 157.13M | 162.14M |
| 2022-09-27 | 1.00 | 0.97 | 151.22M | 148.10M |
| 2022-06-28 | 1.04 | 0.95 | 148.75M | 146.45M |
| 2022-03-29 | 0.97 | 0.85 | 144.92M | 138.94M |
| 2022-01-18 | 0.92 | 0.74 | 140.13M | 140.55M |
| 2021-09-23 | 1.18 | 0.83 | 147.42M | 118.14M |
| 2021-06-24 | 0.82 | 0.72 | 122.49M | 121.86M |
| 2021-03-25 | 0.95 | 0.75 | 121.28M | 121.39M |
| 2021-01-14 | 0.91 | 0.77 | 122.39M | 101.99M |
| 2020-09-29 | 0.78 | 0.77 | 109.70M | 108.29M |
| 2020-06-25 | 0.63 | 0.64 | 100.38M | 101.98M |
| 2020-03-26 | 0.76 | 0.71 | 109.68M | 101.02M |
| 2020-01-16 | 0.79 | 0.75 | 117.04M | 111.11M |
| 2019-09-26 | 0.75 | 0.70 | 106.72M | 96.76M |
| 2019-06-27 | 0.65 | 0.59 | 100.00M | 87.69M |
| 2019-03-28 | 0.50 | 0.51 | 89.55M | 84.18M |
| 2019-01-17 | 0.76 | 0.74 | 111.33M | 94.23M |
| 2018-09-27 | 0.60 | 0.58 | 95.68M | 92.51M |
| 2018-06-27 | 0.60 | 0.54 | 96.10M | 82.06M |
| 2018-03-28 | 0.54 | 0.48 | 94.05M | 83.03M |
| 2018-01-10 | 0.67 | 0.62 | 116.08M | 98.06M |
| 2017-09-27 | 0.48 | 0.48 | 97.31M | 93.25M |
| 2017-06-28 | 0.42 | 0.37 | 93.21M | 82.10M |
| 2017-03-29 | 0.34 | 0.28 | 90.97M | 69.59M |
Dividends
Yield 0.00%. Payout ratio 0.54%. Frequency Quarterly.
Safety score 55/100 · Moderate. Payout ratio is 1% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 9 separate years. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2024-08-30 | $0.17 | 2024-09-02 | 2024-09-16 | Quarterly |
| 2024-06-03 | $0.17 | 2024-06-03 | 2024-06-17 | Quarterly |
| 2024-02-29 | $0.17 | 2024-03-01 | 2024-03-15 | Quarterly |
| 2023-11-30 | $0.17 | 2023-12-01 | 2023-12-15 | Quarterly |
| 2023-08-31 | $0.17 | 2023-09-01 | 2023-09-15 | Quarterly |
| 2023-05-31 | $0.17 | 2023-06-01 | 2023-06-15 | Quarterly |
| 2023-02-28 | $0.17 | 2023-03-01 | 2023-03-15 | Quarterly |
| 2022-11-30 | $0.17 | 2022-12-01 | 2022-12-15 | Quarterly |
| 2022-08-31 | $0.17 | 2022-09-01 | 2022-09-15 | Quarterly |
| 2022-05-31 | $0.17 | 2022-06-01 | 2022-06-15 | Quarterly |
| 2022-02-28 | $0.17 | 2022-03-01 | 2022-03-15 | Quarterly |
| 2021-11-30 | $0.17 | 2021-12-01 | 2021-12-15 | Quarterly |
| 2021-08-31 | $0.17 | 2021-09-01 | 2021-09-15 | Quarterly |
| 2021-05-28 | $0.17 | 2021-06-01 | 2021-06-15 | Quarterly |
| 2021-02-26 | $0.17 | 2021-03-01 | 2021-03-15 | Quarterly |
| 2020-11-30 | $0.17 | 2020-12-01 | 2020-12-15 | Quarterly |
| 2020-08-31 | $0.17 | 2020-09-01 | 2020-09-15 | Quarterly |
| 2020-05-29 | $0.17 | 2020-06-01 | 2020-06-15 | Quarterly |
| 2020-02-28 | $0.17 | 2020-03-02 | 2020-03-16 | Quarterly |
| 2019-11-29 | $0.17 | 2019-12-02 | 2019-12-16 | Quarterly |
| 2019-08-29 | $0.15 | 2019-09-02 | 2019-09-16 | Quarterly |
| 2019-05-31 | $0.15 | 2019-06-03 | 2019-06-17 | Quarterly |
| 2019-02-28 | $0.15 | 2019-03-01 | 2019-03-15 | Quarterly |
| 2018-11-30 | $0.15 | 2018-12-03 | 2018-12-17 | Quarterly |
| 2018-08-30 | $0.14 | 2018-09-03 | 2018-09-17 | Quarterly |
| 2018-05-31 | $0.14 | 2018-06-01 | 2018-06-15 | Quarterly |
| 2018-02-28 | $0.14 | 2018-03-01 | 2018-03-15 | Quarterly |
| 2017-11-30 | $0.14 | 2017-12-01 | 2017-12-15 | Quarterly |
| 2017-08-30 | $0.12 | 2017-09-01 | 2017-09-15 | Quarterly |
| 2017-05-30 | $0.12 | 2017-06-01 | 2017-06-15 | Quarterly |
| 2017-02-27 | $0.12 | 2017-03-01 | 2017-03-15 | Quarterly |
| 2016-11-29 | $0.12 | 2016-12-01 | 2016-12-15 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-21 | Jarrett Loren | Sell | 2.09K | $43.47 | 90.68K |
| 2026-10-16 | FOLGER ANTHONY | Sell | 1.70K | $40.09 | 68.15K |
| 2026-10-16 | FOLGER ANTHONY | Sell | 1.37K | $40.69 | 55.62K |
| 2026-10-05 | WANG YUFAN STEPHANIE | Sell | 1.25K | $37.00 | 46.06K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.70K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.70K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 753 | $38.99 | 29.36K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.20K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 533 | $38.99 | 20.78K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.20K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Buy | 1.04K | — | — |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 461 | $38.99 | 17.97K |
| 2026-10-01 | WANG YUFAN STEPHANIE | Sell | 1.04K | — | — |
| 2026-10-01 | Subramanian Sundar | Buy | 2.22K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 986 | $38.99 | 38.44K |
| 2026-10-01 | Subramanian Sundar | Buy | 1.71K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 758 | $38.99 | 29.55K |
| 2026-10-01 | Subramanian Sundar | Buy | 1.17K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 519 | $38.99 | 20.24K |
| 2026-10-01 | Subramanian Sundar | Sell | 2.22K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 1.71K | — | — |
| 2026-10-01 | Subramanian Sundar | Sell | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Buy | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 344 | $38.99 | 13.41K |
| 2026-10-01 | LoCoco Domenic | Buy | 924 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 272 | $38.99 | 10.61K |
| 2026-10-01 | LoCoco Domenic | Buy | 807 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 237 | $38.99 | 9.24K |
| 2026-10-01 | LoCoco Domenic | Sell | 1.17K | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 924 | — | — |
| 2026-10-01 | LoCoco Domenic | Sell | 807 | — | — |
| 2026-10-01 | Jarrett Loren | Buy | 2.22K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 1.07K | $38.99 | 41.91K |
| 2026-10-01 | Jarrett Loren | Buy | 1.71K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 827 | $38.99 | 32.24K |
| 2026-10-01 | Jarrett Loren | Buy | 1.17K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 2.22K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 565 | $38.99 | 22.03K |
| 2026-10-01 | Jarrett Loren | Sell | 1.71K | — | — |
| 2026-10-01 | Jarrett Loren | Sell | 1.17K | — | — |
| 2026-10-01 | Gupta Yogesh K | Buy | 11.58K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 5.60K | $38.99 | 218.31K |
| 2026-10-01 | Gupta Yogesh K | Buy | 8.31K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 4.02K | $38.99 | 156.78K |
| 2026-10-01 | Gupta Yogesh K | Buy | 7.35K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 3.55K | $38.99 | 138.57K |
| 2026-10-01 | Gupta Yogesh K | Sell | 11.58K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 8.31K | — | — |
| 2026-10-01 | Gupta Yogesh K | Sell | 7.35K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Buy | 4.68K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 2.08K | $38.99 | 80.90K |
| 2026-10-01 | FOLGER ANTHONY | Buy | 3.05K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 1.35K | $38.99 | 52.75K |
| 2026-10-01 | FOLGER ANTHONY | Buy | 2.46K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 1.09K | $38.99 | 42.62K |
| 2026-10-01 | FOLGER ANTHONY | Sell | 4.68K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 3.05K | — | — |
| 2026-10-01 | FOLGER ANTHONY | Sell | 2.46K | — | — |
| 2026-10-01 | Ainsworth John | Buy | 2.22K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 986 | $38.99 | 38.44K |
| 2026-10-01 | Ainsworth John | Buy | 1.71K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 758 | $38.99 | 29.55K |
| 2026-10-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 519 | $38.99 | 20.24K |
| 2026-10-01 | Ainsworth John | Sell | 2.22K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 1.71K | — | — |
| 2026-10-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-08-14 | FOLGER ANTHONY | Sell | 2.00K | $44.80 | 89.60K |
| 2026-07-29 | Jarrett Loren | Sell | 9.96K | $41.63 | 414.76K |
| 2026-07-29 | Jarrett Loren | Sell | 1.78K | $41.49 | 74.02K |
| 2026-07-02 | VITALE VIVIAN M | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Tucci Angela | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Kane Charles Francis | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | KRALL DAVID | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | King Samskriti | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | Gawlick Rainer | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | EGAN JOHN R | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-02 | DACIER PAUL T | Buy | 5.86K | $38.42 | 225.03K |
| 2026-07-01 | Subramanian Sundar | Buy | 10.60K | $38.06 | 403.32K |
| 2026-07-01 | Subramanian Sundar | Sell | 10.60K | $38.27 | 405.55K |
| 2026-07-01 | Subramanian Sundar | Sell | 10.60K | $38.06 | 403.32K |
| 2026-05-19 | FOLGER ANTHONY | Sell | 4.07K | $29.05 | 118.35K |
| 2026-05-19 | FOLGER ANTHONY | Sell | 400 | $29.96 | 11.98K |
| 2026-05-18 | WANG YUFAN STEPHANIE | Sell | 1.50K | $28.44 | 42.66K |
| 2026-05-18 | WANG YUFAN STEPHANIE | Sell | 3.52K | $29.04 | 102.19K |
| 2026-04-01 | Ainsworth John | Buy | 1.71K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 758 | $24.96 | 18.92K |
| 2026-04-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 518 | $24.96 | 12.93K |
| 2026-04-01 | Ainsworth John | Buy | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 519 | $24.96 | 12.95K |
| 2026-04-01 | Ainsworth John | Sell | 1.71K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-04-01 | Ainsworth John | Sell | 1.17K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Buy | 3.05K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.35K | $24.96 | 33.77K |
| 2026-04-01 | FOLGER ANTHONY | Buy | 2.46K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.09K | $24.96 | 27.28K |
| 2026-04-01 | FOLGER ANTHONY | Buy | 2.53K | — | — |
| 2026-04-01 | FOLGER ANTHONY | Sell | 1.12K | $24.96 | 28.01K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 310, holders -1 vs prior quarter. Ownership 112.06%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 7.57M | 598.45K | +8.58% | 254.22M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.85M | 415.98K | +12.13% | 129.17M |
| STATE STREET CORP | 1.96M | 200.71K | +11.40% | 65.88M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.90M | -28.80K | -1.49% | 63.80M |
| VICTORY CAPITAL MANAGEMENT INC | 1.69M | 741.97K | +78.28% | 56.75M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.27M | 53.26K | +4.36% | 42.81M |
| LSV ASSET MANAGEMENT | 1.26M | 273.74K | +27.70% | 42.38M |
| GOLDMAN SACHS GROUP INC | 1.26M | 607.47K | +93.31% | 42.26M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.21M | 144.09K | +13.46% | 40.78M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.17M | 84.66K | +7.79% | 39.34M |
| DIMENSIONAL FUND ADVISORS LP | 1.08M | -157.40K | -12.76% | 36.15M |
| AQR CAPITAL MANAGEMENT LLC | 1.04M | 652.62K | +167.46% | 35.00M |
| HERON BAY CAPITAL MANAGEMENT | 1.01M | 97.14K | +10.61% | 34.01M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 880.61K | 231.76K | +35.72% | 29.57M |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | 861.53K | -23.26K | -2.63% | 28.93M |
| AMERICAN CENTURY COMPANIES INC | 832.70K | 124.89K | +17.64% | 27.96M |
| FULLER & THALER ASSET MANAGEMENT, INC. | 795.07K | 159.86K | +25.17% | 26.70M |
| KENNEDY CAPITAL MANAGEMENT LLC | 741.88K | 436.96K | +143.31% | 24.91M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 682.10K | 84.44K | +14.13% | 22.91M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 682.10K | 682.10K | New | 22.91M |
| RICE HALL JAMES & ASSOCIATES, LLC | 570.26K | 117.56K | +25.97% | 19.15M |
| BARCLAYS PLC | 569.45K | 50.91K | +9.82% | 19.12M |
| FMR LLC | 562.75K | -48.35K | -7.91% | 18.90M |
| BANK OF AMERICA CORP /DE/ | 550.96K | 64.24K | +13.20% | 18.50M |
| SEGALL BRYANT & HAMILL, LLC | 545.96K | -24.12K | -4.23% | 18.33M |
Earnings and financials
Progress Software Corporation (PRGS) trades at $44.43, with a market cap of $1.82B and a trailing P/E of 21.21. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 405341000 | 397572000 | 397165000 | 413298000 | 442150000 | 531313000 | 602013000 | 694439000 | 753409000 | 977831000 |
Insights · Dividends · Forecast · Financials · Learn