Progress Software Corp
PRGS
NASDAQ
Technology
$44.36
USD
+1.15 (+2.66%)
At close: Aug 21, 2026, 4:00 PM EDT
Market Cap $1.78B
Volume 439.4K
Revenue
$1.00B
TTM
+15.5%
YoY
Gross Margin
82%
TTM
+0.1%
YoY
Net Income
$89.04M
TTM
+54.6%
YoY
Operating Cash Flow
$313.71M
TTM
+78.0%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|
Revenue | 237.4 | 249.8 | 252.7 | 247.8 | 253.5 |
YoY Growth | +35.6% | +39.8% | +17.5% | +4.1% | +6.8% |
Cost of Revenue | 47.3 | 47.5 | 46.5 | 43.9 | 44.9 |
Gross Profit | 190.1 | 202.3 | 206.1 | 203.9 | 208.6 |
Selling, General & Administrative | 75.3 | 80.2 | 86.8 | 78.5 | 86.6 |
Other Operating Expenses | 3.5 | 2.4 | 5.1 | 2.9 | 1.8 |
Total Operating Expenses | 151.5 | 158.4 | 167.8 | 157.5 | 163.4 |
Operating Income | 38.6 | 43.9 | 38.4 | 46.5 | 45.2 |
EBITDA | 79.9 | 84.7 | 78.7 | 83.8 | 82.6 |
Other Income / Expense | -0.6 | 0.1 | 0.4 | -0.9 | -0.5 |
Total Other Income / Expense | -18.8 | -17.7 | -16.1 | -16.2 | -16.4 |
Income Before Income Taxes | 19.9 | 26.2 | 22.3 | 30.3 | 28.8 |
Income Taxes | 2.8 | 6.8 | -3.5 | 7.5 | 7.8 |
Net Income | 17.0 | 19.4 | 25.7 | 22.8 | 21.1 |
Consolidated Net Income / Loss | 17.0 | 19.4 | 25.7 | 22.8 | 21.1 |
Net Income Attributable to Common Shareholders | 17.0 | 19.4 | 25.7 | 22.8 | 21.1 |
Basic EPS | $0.40 | $0.45 | $0.60 | $0.54 | $0.50 |
Diluted EPS | $0.39 | $0.44 | $0.59 | $0.53 | $0.50 |
Basic Shares Outstanding | 43.1M | 43.0M | 42.7M | 42.2M | 41.9M |
Diluted Shares Outstanding | 44.2M | 43.7M | 43.3M | 42.7M | 42.3M |