Progress Software Corp (DE) (PRGS) — Analysis Summary
Progress Software Corp (DE) (PRGS) has a market cap of $1.59B with year-over-year revenue growth of +29.8%. Net margin stands at 7.5%. The stock trades at a P/E ratio of 17.2.
Key Takeaways
- Revenue changed +29.8% year-over-year
- Net margin of 7.5%
- P/E ratio of 17.2
Compared to other companies in the SERVICES-PREPACKAGED SOFTWARE sector, PRGS posted revenue growth of +29.8% and trades at a P/E of 17.2.
Progress Software Corp (DE) (PRGS)
PREVIOUS CLOSE 2026-10-12 · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Debt/EBITDA at 6.8x — highly leveraged, potential refinancing risk
Interest coverage at 2.7x — limited headroom for earnings decline
Current ratio at 0.80x — current liabilities exceed current assets
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
Sector
SERVICES-PREPACKAGED SOFTWARE
Employees
2,801
Headquarters
BURLINGTON, MA
Exchange
XNAS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$0.70
Dividend Yield
1.80%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.