Progress Software Corp /Ma (NASDAQ:PRGS)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Profitable, but on a thin margin.
- Revenue
- $999.9M
- Net income
- $92.4M
- Net margin
- 9.2%
Heavily indebted for what it earns.
- Total debt
- $1.27B
- Cash
- $113.7M
- Net debt / EBITDA
- 3.74x
Owes more within a year than it holds to pay it.
- Current assets
- $330.0M
- Current liabilities
- $414.6M
- Current ratio
- 0.80
The business funds itself from operations.
- Operating cash flow
- $328.3M
- Free cash flow
- $319.1M
- FCF margin
- 31.9%
Not funding itself by issuing shares.
- Shares outstanding
- 41.1M
- Share growth (1y)
- -4.5%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
PRGS Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 |
| Revenue | 246.00 M | 253.47 M | 247.80 M | 252.67 M | 249.79 M | 237.35 M |
| Revenue Growth (YoY) | -1.52 % | 6.79 % | 4.11 % | 17.54 % | 39.80 % | 35.57 % |
| Cost of Revenue | 42.47 M | 44.87 M | 69.48 M | 46.53 M | 47.54 M | 47.29 M |
| Gross Profit | 203.54 M | 208.59 M | 178.32 M | 206.14 M | 202.26 M | 190.07 M |
| SG&A Expense | 77.24 M | 86.58 M | 78.50 M | 86.84 M | 80.16 M | 75.31 M |
| R&D Expense | 46.05 M | 48.84 M | 50.47 M | 49.89 M | 49.43 M | 46.57 M |
| Operating Expenses | 156.99 M | 161.58 M | 128.97 M | 167.77 M | 158.38 M | 151.45 M |
| Operating Income | 46.55 M | 47.01 M | 49.34 M | 38.37 M | 43.87 M | 38.62 M |
| Pretax Income | 29.53 M | 28.84 M | 30.29 M | 22.26 M | 26.21 M | 19.86 M |
| Tax Provision | 6.76 M | 7.77 M | 7.48 M | -3.49 M | 6.79 M | 2.83 M |
| Net Income | 22.78 M | 21.07 M | 22.81 M | 25.75 M | 19.41 M | 17.03 M |
| EPS (Basic) | 0.55 | 0.50 | 0.54 | 0.60 | 0.45 | 0.40 |
| EPS (Diluted) | 0.55 | 0.50 | 0.53 | 0.59 | 0.44 | 0.39 |
| Shares Outstanding | 41.06 M | 42.03 M | 42.16 M | 43.00 M | 42.99 M | 43.05 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.