About Progress Software Corporation
https://www.progress.comProgress Software Corporation develops, deploys, and manages business applications.
CEO
Yogesh K. Gupta
Compensation Summary
(Year 2024)
Salary $623,077
Option Awards $1,700,007
Total Compensation $10,374,886
Industry Software - Application
Sector Technology
Went public July 30, 1991
Method of going public IPO
Full time employees 2,815
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2011-01-31 | Forward | 3:2 |
| 2000-01-24 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Total 192
Showing Top 3 of 192
Ratings Snapshot
Rating : B-
Discounted Cash Flow 5
Return On Equity 3
Return On Assets 3
Debt To Equity 1
Price To Earnings 1
Price To Book 2
Overall Score 3
Most Recent Analyst Grades
Grade Summary
Buy 3
Outperform 1
Hold 1
Showing Top 5 of 5
Price Target
Target High $75
Target Low $45
Target Median $60
Target Consensus $60
Institutional Ownership
DLD ASSET MANAGEMENT, LP
Shares:35M
Value:$1.45B
BLACKROCK INC.
Shares:7.1M
Value:$294.18M
BLACKROCK, INC.
Shares:6.87M
Value:$284.7M
Summary
% Of Shares Owned 175.53%
Total Number Of Holders 414
Showing Top 3 of 414
Market Cap $1.81 B
52w High $65.50
52w Low $39.00
Dividend Yield 1.20%
Frequency Quarterly
P/E 38
Volume 715.15K
Outstanding Shares 43.12M
About Progress Software Corporation
https://www.progress.comProgress Software Corporation develops, deploys, and manages business applications.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $249.79M ▲ | $158.38M ▲ | $19.41M ▲ | 7.77% ▲ | $0.45 ▲ | $83.03M ▲ |
| Q2-2025 | $237.35M ▼ | $151.45M ▼ | $17.03M ▲ | 7.17% ▲ | $0.4 ▲ | $76.55M ▲ |
| Q1-2025 | $238.01M ▲ | $159.36M ▲ | $10.95M ▲ | 4.6% ▲ | $0.25 ▲ | $69.93M ▲ |
| Q4-2024 | $214.96M ▲ | $156.92M ▲ | $1.15M ▼ | 0.53% ▼ | $0.03 ▼ | $50.55M ▼ |
| Q3-2024 | $178.69M | $109.27M | $28.46M | 15.93% | $0.66 | $63.15M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $99.01M ▼ | $2.42B ▲ | $1.94B ▼ | $477.68M ▲ |
| Q2-2025 | $102.01M ▼ | $2.41B ▼ | $1.96B ▼ | $452.7M ▲ |
| Q1-2025 | $124.16M ▲ | $2.46B ▼ | $2.03B ▼ | $431.85M ▼ |
| Q4-2024 | $118.08M ▼ | $2.53B ▲ | $2.09B ▲ | $438.79M ▲ |
| Q3-2024 | $232.71M | $1.62B | $1.19B | $425.61M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $19.41M ▲ | $73.45M ▲ | $-20.51M ▼ | $-57.68M ▲ | $-3M ▲ | $72.39M ▲ |
| Q2-2025 | $17.03M ▲ | $30M ▼ | $-495K ▲ | $-59.23M ▼ | $-22.16M ▼ | $29.5M ▼ |
| Q1-2025 | $10.95M ▲ | $68.95M ▲ | $-2.48M ▲ | $-58.87M ▼ | $6.08M ▲ | $67.66M ▲ |
| Q4-2024 | $1.15M ▼ | $19.65M ▼ | $-855.58M ▼ | $726.1M ▲ | $-114.64M ▼ | $16.77M ▼ |
| Q3-2024 | $28.46M | $57.66M | $-1.06M | $-17.48M | $42.29M | $56.59M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Maintenance and Services | $140.00M ▲ | $180.00M ▲ | $190.00M ▲ | $190.00M ▲ |
 Software Licenses | $70.00M ▲ | $60.00M ▼ | $50.00M ▼ | $60.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
 Asia Pacific | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
 EMEA | $70.00M ▲ | $70.00M ▲ | $70.00M ▲ | $70.00M ▲ |
 Latin America | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $0 ▼ |
 North America | $130.00M ▲ | $150.00M ▲ | $160.00M ▲ | $150.00M ▼ |
CEO
Yogesh K. Gupta
Compensation Summary
(Year 2024)
Salary $623,077
Option Awards $1,700,007
Total Compensation $10,374,886
Industry Software - Application
Sector Technology
Went public July 30, 1991
Method of going public IPO
Full time employees 2,815
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2011-01-31 | Forward | 3:2 |
| 2000-01-24 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Total 192
Showing Top 3 of 192
Ratings Snapshot
Rating : B-
Discounted Cash Flow 5
Return On Equity 3
Return On Assets 3
Debt To Equity 1
Price To Earnings 1
Price To Book 2
Overall Score 3
Most Recent Analyst Grades
Grade Summary
Buy 3
Outperform 1
Hold 1
Showing Top 5 of 5
Price Target
Target High $75
Target Low $45
Target Median $60
Target Consensus $60
Institutional Ownership
DLD ASSET MANAGEMENT, LP
Shares:35M
Value:$1.45B
BLACKROCK INC.
Shares:7.1M
Value:$294.18M
BLACKROCK, INC.
Shares:6.87M
Value:$284.7M
Summary
% Of Shares Owned 175.53%
Total Number Of Holders 414
Showing Top 3 of 414