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Progress Software Corp (PRGS) stock

PRGSNasdaqServices-Prepackaged SoftwareFiscal year ends November 30
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 30, 2026Score 13/3025% below fair value
$43.78+0.34 (+0.78%)

Close on Nov 13, 2026Market cap $1.79BP/E 20.2Yield 0.00%

Progress Software Corp grew revenue 6.4% to $999.94M over the twelve months to Aug 31, 2026. Operating income rose 29.5% to $176.59M, moving the operating margin from 14.5% to 17.7%. Free cash flow was $319.15M, up 71.3% from a year earlier. At the latest close the market valued the company at $1.79B, 20.2 times its earnings.

Revenue
$999.94M
+6.4% vs. a year earlier
Operating income
$176.59M
+29.5% vs. a year earlier
Free cash flow
$319.15M
+71.3% vs. a year earlier
EPS, diluted
$2.17
+97.3% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Aug 31, 2026

Valuation

Market cap
$1.79B
P/E ratio
20.2
Price to sales
1.79
Price to book
3.38
Dividend yield
0.00%
Free cash flow yield
17.83%

Fundamentals

Revenue
$999.94M
Net income
$92.41M
EPS, diluted
$2.17
Free cash flow
$319.15M
Book value per share
$12.78
Diluted shares
41M

Trading

Next earnings
Jan 19, 2027 (estimated, after the close)
Previous close
$43.44
Open
$43.90
Day's range
$43.10 – $44.55
Volume
281,069
Average volume (20 days)
411,029
Index membership
S&P SmallCap 600, Russell 2000, Russell 3000
Beta (5 years)
0.70
52-week range
$23.82 – $47.25
RSI (14 days)
52.5
Volatility (1 year)
54.2%
Relative volume
0.53×
WACC
6.9%

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Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2009, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

PeriodPRGSS&P 500DifferencePRGS per yearS&P 500 per year
1 month+11.1%-3.0%+14.1 pts
3 months-2.1%-2.8%+0.7 pts
Year to date+1.9%+11.5%−9.6 pts
1 year+3.5%+13.5%−10.0 pts
3 years-14.8%+77.7%−92.5 pts-5.2%+21.1%
5 years-12.7%+72.6%−85.4 pts-2.7%+11.5%
10 years+70.1%+308.2%−238.1 pts+5.5%+15.1%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$999.94M+6.4% YoY

Gross profit

$822.21M+7.8% YoY

Operating income

$176.59M+29.5% YoY

Net income

$92.41M+90.4% YoY

EPS, diluted

$2.17+97.3% YoY

Free cash flow

$319.15M+71.3% YoY
Reported periodTrailing twelve months

Press releases

Releases Progress Software filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Progress Software

Services-Prepackaged Software

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.

Company profile, executives and history

Progress Software stock: common questions

What is Progress Software's stock price?

PRGS closed at $43.78 on Nov 13, 2026, up 0.78% on the day. Over the past 52 weeks it traded between $23.82 and $47.25.

What is Progress Software's market cap?

Progress Software was worth $1.79B at the close on Nov 13, 2026: the share price times the diluted shares outstanding.

What is PRGS's P/E ratio?

PRGS trades at 20.2 times earnings, based on diluted earnings per share of $2.17 over the twelve months to Aug 31, 2026.

How much revenue does Progress Software make?

Progress Software reported revenue of $999.94M for the twelve months to Aug 31, 2026, up 6.4% from a year earlier.

Does Progress Software pay a dividend?

No. Progress Software has not paid a cash dividend over the last twelve months.

When does Progress Software report earnings next?

Progress Software is expected to report Q4 FY2026 results on Jan 19, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has PRGS stock performed over the past year?

Including dividends, PRGS returned +3.5% over the past year, against +13.5% for the S&P 500.

How many PRGS shares are sold short?

5M shares were sold short at the latest FINRA report, 11.62% of the float, or 10.8 days of average trading volume.

Who are Progress Software's competitors?

Companies most similar to Progress Software by business, industry and size include CVLT, RPD, FROG, BAND, SAIL.

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