PRGSProgress Software Corporation
Price
-6.2%1YEnd-of-day closes, not the intraday tick.
Survival is the story here: start there
Quality mixed, hard red flags, undemanding price, growing in the filings, the market undecided.
Progress Software Corporation ("Progress," the "Company," "we," "us," or "our") provides software products that enable our customers to develop, deploy, and manage responsible AI-powered applications and digital experiences with agility and ease. We operate in North America, Latin America, Europe, the Middle East and Africa ("EMEA"), and Asia and Australia ("Asia Pacific"), through local subsidiaries as well as independent distributors.
In the company’s own words · 10-K filed Jan 20, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Progress Software Corporation (PRGS) reported revenue of $253M in Q2 2026 (quarter ended May 31, 2026), up 6.8% from the same quarter a year earlier. That came with a gross margin of 82% and net income of $21M (8.3% of revenue). For the full year FY2025, revenue was $978M (+30% year on year) and net income $73M. Its largest product in Q2 2026 was Maintenance at $101M, 40% of the disclosed total, ahead of Software As A Service at 29%. The next results filing is expected around Jan 19, 2027, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Sep 30, 2026Progress Software Announces Third Quarter 2026 Financial Results.Earnings release · press release
- Sep 22, 2026On September 22, 2026, pursuant to the terms of that certain Asset Purchase Agreement dated as of July 22, 2026 (the “Purchase Agreement”), by and between Progress Software Corporation, a Delaware corporation (“Progress”) and Domo, Inc., a Delaware corporation (the “Seller”), Progress completed the previously …Acquisition or disposition completed · Form 8-K
- Jul 22, 2026On July 22, 2026, Progress Software Corporation (“Progress”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Domo, Inc., a Delaware corporation (the “Seller”), pursuant to which Progress has agreed to acquire substantially all of the assets and employees, excluding the Seller’s net operating …Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $253.5MThe company’s own SEC segment disclosure.
- Maintenance$101.2M40%
- Software As A Service$73.0M29%
- Software Licenses$69.0M27%
- Service$10.3M4%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Software, Infrastructure
Ranks #18 of 80 by RyuScore