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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Progress Software Corporation (PRGS) EV/Sales
As of 16 October 2026, Progress Software Corporation (PRGS) trades at a EV/Sales of 2.8×. Over the past ten years it has ranged from 2.0× (April 2026) to 6.3× (January 2018); the current reading is higher than 5% of that period. That is in line with the Software Infrastructure industry median of 2.9× and in line with the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.8× | (51.35%) |
| FY2024 | 5.8× | 37.39% |
| FY2023 | 4.2× | (4.97%) |
| FY2022 | 4.5× | (6.54%) |
| FY2021 | 4.8× | 1.42% |
| FY2020 | 4.7× | (1.14%) |
| FY2019 | 4.8× | 14.05% |
| FY2018 | 4.2× | (15.93%) |
| FY2017 | 5.0× | 48.93% |
| FY2016 | 3.3× | 12.95% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Aug 2026 | 3.0× | 13.46% |
| May 2026 | 2.7× | 5.26% |
| Feb 2026 | 2.5× | (10.16%) |
| Nov 2025 | 2.8× | (8.19%) |
| 43 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| PGY Pagaya Technologies Ltd. compare | 0.7× |
| BAND Bandwidth Inc. compare | 1.9× |
| PRGS Progress Software Corporation | 2.8× |
| EVTC Evertec, Inc. compare | 2.9× |
| NYAX Nayax Ltd. compare | 3.6× |
| AI C3.ai, Inc. compare | 4.7× |
| ATEN A10 Networks, Inc. compare | 6.0× |
| FORG ForgeRock, Inc. compare | 7.3× |
| NN NextNav Inc. compare | 353× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)