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PRGSNasdaqServices-Prepackaged SoftwareFiscal year ends November 30

PROGRESS SOFTWARE CORP /MA

Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 30, 2026
$42.25+1.41 (+3.45%)

Close on Oct 19, 2026

Market cap
$1.75B
P/E (TTM)
19.5
Dividend yield
0.00%

About Progress Software

Services-Prepackaged Software, SIC 7372

Progress Software Corporation provides enterprise software products designed to help organizations build, deploy, and manage artificial intelligence-powered applications and digital experiences. The company operates through a single business segment, delivering solutions for application development, data connectivity, infrastructure automation, network security, and managed file transfer. Its portfolio features products including Progress OpenEdge, ShareFile, MOVEit, Chef, MarkLogic, Corticon, and Sitefinity, alongside developer tooling. Progress serves business managers, information technology administrators, and software development teams across corporations and government agencies. In addition to direct enterprise sales, the company distributes offerings through channel partners, including independent software vendors, original equipment manufacturers, systems integrators, and value-added resellers.

The company operates across North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region via regional subsidiaries and independent distributors. Progress maintains product development and customer support facilities across multiple countries, including the United States, Bulgaria, the Czech Republic, India, Ireland, Spain, Costa Rica, the Netherlands, and Singapore. The text does not specify a corporate headquarters location.

Summary of the business section of Progress Software's latest annual report, written by StockData.

Company profile

Company

Legal name
PROGRESS SOFTWARE CORP /MA
Founded
1981
Headquarters
Burlington, MA
Address
15 Wayside Road, Suite 400 01803
Phone
(781) 280-4473
Employees
2,801, Nov 30, 2025
Industry
Services-Prepackaged Software
Incorporated in
Delaware
Fiscal year ends
November 30
Auditor
Deloitte & Touche LLP, Boston, Massachusetts

Stock & identifiers

Ticker
PRGS
Exchange
Nasdaq
IPO date
Jul 30, 1991
Shares outstanding
41M, Sep 28, 2026
Public float
$2.61B, May 31, 2025
Filer category
Large accelerated filer
Stock splits
3-for-2, Jan 31, 2011; 3-for-2, Jan 31, 2011; 2-for-1, Jan 24, 2000; 3-for-2, Jul 14, 1998; 2-for-1, Nov 28, 1995
SEC CIK
876167
CUSIP
743312100
ISIN
US7433121008
LEI
549300R65B3JG6972S24
EIN
04-2746201

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Yogesh K. GuptaChief Executive Officer, Director286,198
Anthony FolgerChief Financial Officer47,381
Loren JarrettEVP/GM Digital Experience10,269
Sundar SubramanianEVP/GM Infrastructure Mgmt18,370
Yufan Stephanie WangChief Legal Officer2,544
Domenic LoCocoChief Accounting Officer8,635
John AinsworthEVP/GM App & Data Platform58,882
Ian PittChief Information Officer7,368
Charles Francis KaneDirector76,291
David KrallDirector105,947
Angela TucciDirector51,116
John R. EganDirector57,174
Rainer GawlickDirector61,401
Paul T. DacierDirector58,691
Samskriti KingDirector51,116
Vivian M. VitaleDirector36,224

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Mr. Gupta
$10.53M$6.96M$3.07M$105$273
FY2024
Mr. Gupta
$10.37M$9.79M$2.61M$172$206
FY2023
Mr. Gupta
$8.64M$9.25M$2.38M$134$148
FY2022
Mr. Gupta
$6.90M$12.82M$1.93M$133$102
FY2021
Mr. Gupta
$6.02M$13.09M$2.44M$121$142

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of November 30, 2025, we had 2,801 employees worldwide, including 932 in sales and marketing, 523 in customer support and services, 1,048 in product development and 298 in administration.”

Corporate history

Events identified from SEC filings

DateEventDetails
Sep 22, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 31, 2024Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 2, 2021Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 7, 2020Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 16, 2019Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 1, 2019Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Feb 13, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 5, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 18, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 13, 2012Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 18, 2008Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 24, 2007Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Dec 5, 2006Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Oct 19, 2006Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 25, 2006Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 10, 2006Late filingNotification of late filing
Jan 23, 2006Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Dec 29, 2005Tender offerThird-party tender offer for the company's shares