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) P/E ratio
As of 16 October 2026, Progress Software Corporation (PRGS) trades at a P/E ratio of 18.6×. Over the past ten years it has ranged from 0.0× (November 2017) to 168× (November 2016); the current reading is higher than 19% of that period. That is below the Software Infrastructure industry median of 28.4× and below the Technology sector median of 28.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 24.7× | (42.92%) |
| FY2024 | 43.2× | 30.04% |
| FY2023 | 33.2× | 36.55% |
| FY2022 | 24.3× | (10.05%) |
| FY2021 | 27.1× | 19.47% |
| FY2020 | 22.7× | (68.05%) |
| FY2019 | 70.9× | 138.56% |
| FY2018 | 29.7× | (57.08%) |
| FY2017 | 69.3× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Aug 2026 | 21.1× | 24.75% |
| May 2026 | 16.9× | (12.79%) |
| Feb 2026 | 19.4× | (21.48%) |
| Nov 2025 | 24.7× | (37.53%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NN NextNav Inc. compare | n/m |
| AI C3.ai, Inc. compare | n/m |
| FORG ForgeRock, Inc. compare | n/m |
| PGY Pagaya Technologies Ltd. compare | 11.5× |
| PRGS Progress Software Corporation | 18.6× |
| EVTC Evertec, Inc. compare | 20.3× |
| ATEN A10 Networks, Inc. compare | 40.8× |
| NYAX Nayax Ltd. compare | 209× |
| BAND Bandwidth Inc. compare | 722× |
| Software Infrastructure industry median | 28.4× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)