Technology
Progress Software Corporation(PRGS)
Live Price
Offline$31.47
-0.38% today
1Y Change
-48.35%
Window
Jun 23, 2025 โ May 29, 2026
- Market Cap
- $1.22B
- Revenue Growth
- +29.8%
- EPS Growth
- +7.6%
- Dividend Yield
- 0.0%
Coverage: 236 bars ยท Jun 23, 2025 โ May 29, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Progress Software Corporation (PRGS) is a Technology stock with a market cap of $1.22B and listed on NASDAQ. The stock last traded around $31.47 and down 48.3% across the available one-year price window (Jun 23, 2025 โ May 29, 2026). Baseline metrics include revenue growth of +29.8%, EPS growth of +7.6%, a dividend yield of 0.0%. What stands out right now is revenue +29.8%, EPS +7.6%, free cash flow +11.2% with operating margin 17.2% and ROIC 9.0%. Valuation is more restrained than many high-expectation growth names at P/E 14.4 and price/sales 1.2. Stock Foundry combines PRGS price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Technology peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+29.8% vs +11.9% peer median
Operating Margin
Below sector median
+17.2% vs +22.0% peer median
P/E
Below sector median
14.4 vs 18.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report landed above expectations
2026 was reported on Mar 30, 2026 with an EPS surprise of +1.9% and a revenue surprise of +0.6%.
The operating story is still moving forward
Revenue is running at +29.8% and EPS at +7.6%, with operating margin around 17.2%.
The next real check-in already has a date
The next earnings event is scheduled for Jun 29, 2026, which is the clearest near-term catalyst for confirming whether the current trend is holding up.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +6.7% over the next 5 trading days and finished higher after 3 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Mar 30, 2026 | +1.9% | -9.3% | +2.7% | -1.8% |
2026 Jan 20, 2026 | +15.3% | +10.6% | +7.9% | -7.2% |
2025 Sep 29, 2025 | +15.4% | +3.1% | +9.5% | +7.3% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
PRGS
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
PRGS Max Drawdown
-61.14%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for PRGS and SPY.
Company Overview
Progress Software Corporation
NASDAQ Global Select
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution. In addition, the company provides Kemp LoadMaster, a load balancing solutions; and Kemp Flowmon network performance monitoring and diagnostic solutions that collect and analyze network telemetry from various sources. Further, it provides project management, implementation, custom development, programming, and other services, as well as web-enable applications; and training services. The company sells its products to end users, independent software vendors, original equipment manufacturers, and system integrators. It has operations in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
- Leadership
- Yogesh K. Gupta
- IPO Date
- Jul 30, 1991
- Employees
- 2.8k
- Street Address
- 15 Wayside Road
- Mailing
- Burlington, MA, 01803
- Region
- Burlington, MA, US
- Reporting Currency
- USD
- Investor Line
- 781 280 4000
- Last Updated
- May 3, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 14.4
- EV/EBITDA
- 11.3
- Price/Sales
- 1.2
- Price/Book
- 2.4
Growth
- Revenue
- +29.8%
- EPS
- +7.6%
- Free Cash Flow
- +11.2%
Profitability
- Gross Margin
- 78.7%
- Operating Margin
- 17.2%
- Net Margin
- 8.6%
- ROE
- 17.8%
- ROIC
- 9.0%
Balance Sheet
- Debt/Equity
- 1.74
- Current Ratio
- 0.47
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.