Progress Software Corporation
PRGS Technology Software Infrastructure
Progress Software Corporation’s revenue for fiscal 2025 (year ended November 2025) was $977.8 million, up 29.8% from fiscal 2024. In the quarter to August 2026, revenue fell 1.52%, EPS grew 23.3%, free cash flow grew 19.2% and total debt rose 16.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Aug '26 | May '26 | Feb '26 | Nov '25 | Older periods | |
|---|---|---|---|---|---|
Revenue |
999.94 | 1,003.73 | 987.62 | 977.83 |
+8 more TTM periods Free account |
Cost of Revenue |
177.73 | 182.80 | 185.21 | 187.58 | |
Gross Profit |
822.21 | 820.93 | 802.40 | 790.25 | |
R&D Expenses |
195.26 | 198.63 | 196.36 | 192.27 | |
SG&A Expenses |
329.16 | 332.07 | 320.81 | 319.23 | |
Operating Income |
176.59 | 173.92 | 167.33 | 153.29 | |
Non-operating Income/Expense |
(65.67) | (66.32) | (68.71) | (71.66) | |
Non-operating Interest Expenses |
64.61 | 65.44 | 67.67 | 70.85 | |
| 110.92 | 107.59 | 98.62 | 81.63 | ||
Income Tax Provision |
18.51 | 18.55 | 13.62 | 8.50 | |
Income after Tax |
92.41 | 89.04 | 85.00 | 73.13 | |
Dividends (Preferred) |
0.00 | — | — | 0.00 | |
Net Income Common |
92.41 | 89.04 | 85.00 | 73.13 | |
EPS (Basic) |
2.19 | 2.09 | 1.99 | 1.70 | |
EPS (Diluted) |
2.17 | 2.06 | 1.95 | 1.66 | |
Shares (Basic, Weighted) |
42.03 | 42.51 | 42.80 | 43.07 | |
Shares (Diluted, Weighted) |
42.63 | 43.19 | 43.66 | 44.19 | |
Gross Margin |
82.23% | 81.79% | 81.25% | 80.82% | |
EBIT Margin |
17.66% | 17.33% | 16.94% | 15.68% | |
EBT margin |
11.09% | 10.72% | 9.99% | 8.35% | |
Net Profit Margin |
9.24% | 8.87% | 8.61% | 7.48% | |
Free Cash Flow Margin |
31.92% | 30.41% | 26.10% | 23.47% | |
EBITDA |
328.35 | 328.34 | 323.14 | 310.85 | |
EBIT |
176.59 | 173.92 | 167.33 | 153.29 | |
EPS (Diluted, from Cont. Ops) |
2.17 | 2.06 | 1.95 | 1.66 | |
EPS (Diluted, Consolidated) |
2.17 | 2.06 | 1.95 | 1.66 | |
EPS (Basic, Consolidated) |
2.20 | 2.10 | 1.99 | 1.70 | |
Shares (Diluted, Average) |
— | 43.02 | 43.48 | 44.02 | |
EPS (Basic, from Continuous Ops) |
2.20 | 2.10 | 1.99 | 1.70 | |
Income from Continuous Operations |
92.41 | 89.04 | 85.00 | 73.13 | |
Consolidated Net Income/Loss |
92.41 | 89.04 | 85.00 | 73.13 | |
EBITDA Margin |
32.84% | 32.71% | 32.72% | 31.79% | |
Operating Cash Flow Margin |
32.83% | 31.25% | 26.82% | 24.05% |