P

    Progress Software Corporation (PRGS)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NASDAQ

    $46.27
    +1.51 (+3.37%)

    Market Cap: $1.90B

    Last updated: Sep 01, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    97%(38/39)
    Avg Surprise
    +11.81%
    Streak
    24 Q

    Upcoming Estimates

    Period ending Aug 31, 2026
    EPS Consensus$1.52
    Range$1.45 - $1.54
    4 analysts
    EPS Revisions
    5
    0
    7d
    5
    0
    30d
    EPS Estimate Drift
    90d ago$1.45-4.5%
    60d ago$1.45-4.5%
    30d ago$1.45-4.5%
    7d ago$1.52+0.2%
    Current$1.52
    Revenue Consensus
    $247M
    Range$245M - $249M
    5 analysts
    Period ending Nov 30, 2026
    EPS Consensus$1.55
    Range$1.40 - $1.59
    5 analysts
    Revenue Consensus
    $259M
    Range$258M - $261M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Nov 26EST
    		-$1.55---
    Aug 26EST
    		-$1.52---
    May 26
    Reported Jun 30
    		$1.22$1.15+6.09%Beat-12.9%
    Feb 26
    Reported Mar 30
    		$1.60$1.57+1.91%Beat+22.1%
    Nov 25
    Reported Jan 20
    		$1.51$1.31+15.27%Beat+13.5%
    Aug 25
    Reported Sep 29
    		$1.50$1.30+15.38%Beat+19.0%
    May 25
    Reported Jun 30
    		$1.40$1.30+7.69%Beat+28.4%
    Feb 25
    Reported Mar 31
    		$1.31$1.06+23.58%Beat+4.8%
    Nov 24
    Reported Jan 21
    		$1.33$1.21+9.47%Beat+30.4%
    Aug 24
    Reported Sep 24
    		$1.26$1.14+10.53%Beat+16.7%
    May 24
    Reported Jun 25
    		$1.09$0.95+14.74%Beat+2.8%
    Feb 24
    Reported Mar 26
    		$1.25$1.14+9.65%Beat+5.0%
    Nov 23
    Reported Jan 16
    		$1.02$0.91+12.09%Beat-8.9%
    Aug 23
    Reported Sep 26
    		$1.08$1.00+8.00%Beat+8.0%
    May 23
    Reported Jun 29
    		$1.06$0.90+17.78%Beat+1.9%
    Feb 23
    Reported Mar 28
    		$1.19$1.05+13.33%Beat+22.7%
    Nov 22
    Reported Jan 17
    		$1.12$1.09+2.75%Beat+21.7%
    Aug 22
    Reported Sep 27
    		$1.00$0.97+3.09%Beat-15.3%
    May 22
    Reported Jun 28
    		$1.04$0.95+9.47%Beat+26.8%
    Feb 22
    Reported Mar 29
    		$0.97$0.85+14.12%Beat+2.1%
    Nov 21
    Reported Jan 18
    		$0.92$0.74+24.32%Beat+1.1%
    Aug 21
    Reported Sep 23
    		$1.18$0.82+43.90%Beat+51.3%
    May 21
    Reported Jun 24
    		$0.82$0.73+12.33%Beat+30.2%
    Feb 21
    Reported Mar 25
    		$0.95$0.75+26.67%Beat+25.0%
    Nov 20
    Reported Jan 14
    		$0.91$0.78+16.67%Beat+15.2%
    Aug 20
    Reported Sep 29
    		$0.78$0.77+1.30%Beat+4.0%
    May 20
    Reported Jun 25
    		$0.63$0.64-1.56%Miss-3.1%
    Feb 20
    Reported Mar 26
    		$0.76$0.70+8.57%Beat+52.0%
    Nov 19
    Reported Jan 16
    		$0.79$0.75+5.33%Beat+3.9%
    Aug 19
    Reported Sep 26
    		$0.75$0.68+10.29%Beat+25.0%
    May 19
    Reported Jun 27
    		$0.65$0.57+14.04%Beat+8.3%
    Feb 19
    Reported Mar 28
    		$0.50$0.47+6.38%Beat-7.4%
    Nov 18
    Reported Jan 17
    		$0.76$0.73+4.11%Beat+13.4%
    Aug 18
    Reported Sep 27
    		$0.60$0.58+3.45%Beat+25.0%
    May 18
    Reported Jun 27
    		$0.60$0.53+13.21%Beat+42.9%
    Feb 18
    Reported Mar 28
    		$0.54$0.47+14.89%Beat+58.8%
    Nov 17
    Reported Jan 10
    		$0.67$0.60+11.67%Beat+8.1%
    Aug 17
    Reported Sep 27
    		$0.48$0.48+0.00%Beat-
    May 17
    Reported Jun 28
    		$0.42$0.37+13.51%Beat-
    Feb 17
    Reported Mar 29
    		$0.34$0.27+25.93%Beat-
    Nov 16
    Reported Jan 16
    		$0.62$0.56+10.71%Beat-

    Dividends

    Dividend Metrics

    Yield0.00%
    Annual/Share$0.00
    Payout Ratio0.00%
    Frequency4
    View PRGS's full dividend history

    Key Metrics

    Valuation
    P/E Ratio7.94EV/EBITDA9.60x
    Price/FCF6.35xFCF Yield15.74%
    Profitability
    Profit Margin8.87%Operating Margin18.50%
    ROE18.60%ROIC7.96%
    Financial Health
    Debt/Equity2.55xInterest Coverage2.64x
    Current Ratio0.81xQuick Ratio0.81x
    Trading Statistics
    Beta0.81Avg Volume399.94K
    52-Week High$47.3752-Week Low$23.82

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$44.11
    SMA 20$43.56
    SMA 50$39.78
    SMA 200$36.93
    EMA 10$44.33
    EMA 20$43.32
    EMA 50$40.26
    EMA 200$38.57

    MACD

    Line: 1.46Signal: 1.48Hist: -0.02

    ADX

    ADX: 36.8+DI: 30.2-DI: 11.8

    Aroon & PSAR

    Aroon Up100.0
    Aroon DownN/A
    PSAR$42.34

    Bollinger Bands

    Upper Band$45.76
    Lower Band$41.36
    %B Position1009%(Upper)
    Band Width1.12

    RSI (14-Day)

    Neutral
    66.9

    Momentum Oscillators

    Stoch %K89.8
    Stoch %D77.0
    Williams %R-1.7
    ROC (10d)8.0%
    Momentum3.41
    CCI (20d)186.4
    MFI (14d)66.4

    Volatility Measures

    ATR (14d)$1.62(3.5%)
    StdDev (20d)1.10
    Hist Vol29.3%(Moderate)

    Volume Flow

    VWAP$45.59
    OBV24.1M
    AD Line-7.9M
    CMF (20d)0.274

    Volume Metrics

    Avg Vol (20d)399.8K
    Vol Ratio1.6x(High)
    VWMA (20d)$43.62

    Pivot Points

    R3$46.33
    R2$45.90
    R1$45.33
    Pivot Point$44.91
    S1$44.34
    S2$43.91
    S3$43.34

    Advanced Oscillators

    TSI25.09
    Ultimate Osc64.2
    KST110.22

    Financial Data

    QuarterMay 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024Aug 2024May 2024Feb 2024Nov 2023Aug 2023
    Total Revenue$253.47M$247.80M$252.67M$249.79M$237.35M$238.01M$214.96M$178.69M$175.08M$184.69M$176.97M$174.99M
    Cost of Revenue$44.87M$43.86M$46.53M$47.54M$47.29M$46.23M$36.54M$29.06M$32.07M$32.81M$33.66M$32.92M
    Gross Profit$208.59M$203.94M$206.14M$202.26M$190.07M$191.78M$178.42M$149.62M$143.01M$151.88M$143.31M$142.07M
    Operating Expenses$163.39M$157.47M$167.77M$158.38M$151.45M$159.36M$156.92M$109.27M$115.86M$116.87M$120.77M$112.70M
    R&D$48.84M$50.47M$49.89M$49.43M$46.57M$46.38M$41.20M$34.72M$35.44M$34.99M$34.01M$33.14M
    SG&A$32.24M$26.50M$28.65M$28.31M$25.64M$25.62M$25.69M$20.50M$21.98M$21.34M$22.11M$20.79M
    Operating Income$45.20M$46.47M$38.37M$43.87M$38.62M$32.43M$21.50M$40.35M$27.15M$35.01M$22.54M$29.37M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$15.91M$15.25M$16.55M$17.74M$18.14M$18.43M$10.90M$6.76M$7.01M$7.34M$7.89M$8.53M
    Income Before Tax$28.84M$30.29M$22.26M$26.21M$19.86M$13.30M$12.25M$34.28M$20.13M$27.61M$14.17M$20.95M
    Income Tax Expense$7.77M$7.48M$-3,489,000$6.79M$2.83M$2.36M$11.10M$5.82M$3.94M$4.97M$-1,163,000$1.85M
    Net Income$21.07M$22.81M$25.75M$19.41M$17.03M$10.95M$1.15M$28.46M$16.19M$22.64M$15.34M$19.10M
    EBITDA$82.94M$83.00M$77.46M$84.06M$77.57M$70.94M$51.53M$64.15M$54.66M$62.49M$49.92M$57.38M
    EBIT$44.75M$45.54M$38.80M$43.94M$38.00M$31.73M$23.15M$41.04M$27.14M$34.95M$22.06M$29.48M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    -$12976
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    6
    New Awards (TTM)
    3
    Avg Remaining Term
    6.9 mo

    Top agency: Department of State at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    19AQMM26P0329Department of StateDepartment of State$1299Mar 2, 2026
    15DDHQ26P00000153Department of JusticeDrug Enforcement Administration$0Feb 12, 2026
    H9224025PE043Department of DefenseU.S. Special Operations Command$0Sep 29, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Progress Software Announces New Telerik and Kendo UI Release to Accelerate AI-Powered Development and Agent-Ready Applications

    Progress Software has announced its latest Telerik and Kendo UI release, designed to accelerate AI-powered development and enable the creation of agent-ready applications. The release introduces new AI-driven capabilities for UI generation, application modernization, and development workflows, aiming to help engineering teams enhance productivity and build applications compatible with both human and AI agent interactions. Key features include tools for accessibility compliance, in-IDE debugging, agent interaction with documents, and WebMCP for agent-ready UI, alongside features for modernizing WinForms apps and integrating RAG capabilities.

    Yahoo! Finance Canada•8/20/26•
    Bullish

    Progress Software Launches AI-Driven Telerik and Kendo UI Release for Agent-Ready Application Development

    Progress Software has announced a new release for its Telerik and Kendo UI tools, focusing on AI-driven application development. This update aims to help development teams create production-ready software that integrates human and AI agent interaction through features like intelligent UI generation, smarter debugging, and agent-based document processing. The release also emphasizes modernizing legacy applications and enhancing developer productivity by embedding AI into various stages of the UI creation and development workflows.

    Quiver Quantitative•8/20/26•
    Bullish

    Progress Software’s new tools let AI agents work directly with apps

    Progress Software (Nasdaq: PRGS) has released new versions of its Telerik and Kendo UI development tools, designed to accelerate the creation of AI-powered and agent-ready applications. The update integrates AI deeply into UI generation, debugging, and legacy system modernization, allowing AI agents to interact directly with application interfaces and documents. This aims to boost developer productivity and facilitate the transition from AI-assisted coding to agent-driven software that handles both human and AI interactions.

    Stock Titan•8/20/26•
    Bullish

    Progress Software Announces New Telerik and Kendo UI

    Progress Software has released new versions of Telerik and Kendo UI, designed to accelerate AI-powered development and create agent-ready applications. This update introduces AI-driven capabilities for UI generation, application modernization, and development workflows, enabling teams to build intuitive, AI-ready user experiences faster. Key features include enhanced accessibility, smarter in-IDE debugging, agent interaction with documents, and tools for modernizing legacy applications and integrating RAG capabilities.

    GlobeNewswire•8/20/26•
    Bullish

    ETFs Investing in Progress Software Corporation Stocks

    This article provides a list of ETFs that hold Progress Software Corporation (PGR) stocks, detailing their market value, weight, issuer, management style, focus, expense ratio, AUM, price change, relative volume, and 3-year NAV total return. The ETFs predominantly focus on small-cap or information technology sectors, making investing in PGR more accessible and diversified. The data highlights various passive and active funds from issuers like BlackRock, Vanguard, and State Street.

    TradingView•8/20/26•
    Neutral

    Frequently Asked Questions About PRGS

    Does PRGS pay dividends?
    Progress Software Corporation (PRGS) has a dividend payment track record. See the PRGS dividend history page for its current payment status, yield, and streaks.
    What is PRGS's P/E ratio?
    Progress Software Corporation has a price-to-earnings (P/E) ratio of 7.94.
    What is PRGS's market cap?
    Progress Software Corporation (PRGS) has a market capitalization of $1.90B with a current stock price of $46.27.

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