PRGSProgress Software Corporation

$43.53

Price

$43.53-0.21%1Y
1M+18%1Y-0.21%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Top tier
9/10
Value83
Quality83
Momentum32
Growth31
Strongest Value, weakest Growth · ranked vs Technology peers. The five questions below judge the company on its own terms.
What they do

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

P/E (TTM)21.1
Market Cap$1.25B
1Y Return-0.21%
5Y Return+0.70%

Business segments

Q2 2026 · $253.5M

The company’s own SEC segment disclosure.

  • Maintenance$101.2M40%
  • Software As A Service$73.0M29%
  • Software Licenses$69.0M27%
  • Service$10.3M4%

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 2026-Q2 was Maintenance at $101M, 40% of the disclosed total, just ahead of Software As A Service at 29%.

Raw charts

11 series · TTM

As reported to the SEC, without any scoring.