Company research
PROGRESS SOFTWARE CORP /MA
CIK 876167Updated Sep 24, 2026
SecurityPRGS · NASDAQ · equity
PRGS price & chart
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NASDAQ:PRGS on TradingView ↗About the company
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI - context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.
In the news
Progress Software Reports Fiscal First Quarter 2026 ↗
Recent filings
Completion of Acquisition or Disposition of Assets · Regulation FD Disclosure
Items 2.01, 7.01, 9.01
4 filing
SCHEDULE 13G/A filing
144 filing
SCHEDULE 13G/A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,457,658,000Source | 2,526,966,000Source | 1,602,783,000Source | 1,411,479,000Source |
| Property, Plant and Equipment, NetUSD | 13,694,000Source | 13,746,000Source | 15,225,000Source | 14,927,000Source |
| GoodwillUSD | 1,309,054,000Source | 1,292,177,000Source | 832,101,000Source | 671,037,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 584,028,000Source | 723,571,000Source | 354,278,000Source | 217,355,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 94,807,000Source | 118,077,000Source | 126,958,000Source | 256,277,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 195,783,000Source | 163,575,000Source | 125,825,000Source | 97,834,000Source |
| Inventory, NetUSD | — | — | — | 5,043,000Source |
| Assets, CurrentUSD | 399,965,000Source | 368,813,000Source | 330,788,000Source | 426,053,000Source |
| Operating Lease, Right-of-Use AssetUSD | 25,842,000Source | 30,894,000Source | 18,711,000Source | 17,574,000Source |
| Other Assets, NoncurrentUSD | 17,683,000Source | 12,693,000Source | 8,255,000Source | 12,832,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 423,000Source | 434,000Source | 438,000Source | 433,000Source |
| Additional Paid in CapitalUSD | 383,696,000Source | 354,158,000Source | 370,579,000Source | 331,650,000Source |
| Retained Earnings (Accumulated Deficit)USD | 127,373,000Source | 120,405,000Source | 120,858,000Source | 101,656,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -33,143,000Source | -36,209,000Source | -32,160,000Source | -35,235,000Source |
| Stockholders' Equity Attributable to ParentUSD | 478,349,000Source | 438,788,000Source | 459,715,000Source | 398,504,000Source |
| Liabilities and EquityUSD | 2,457,658,000Source | 2,526,966,000Source | 1,602,783,000Source | 1,411,479,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 809,734,000Source | 455,145,000Source | 352,118,000Source | 318,004,000Source |
| Operating Lease, Liability, CurrentUSD | 8,490,000Source | 9,202,000Source | 10,114,000Source | 7,471,000Source |
| Accounts Payable, CurrentUSD | 15,934,000Source | 13,910,000Source | 12,371,000Source | 9,282,000Source |
| Operating Lease, Liability, NoncurrentUSD | 21,077,000Source | 26,259,000Source | 13,000,000Source | 15,041,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,158,000Source | 2,279,000Source | 3,574,000Source | 4,628,000Source |
| Other Liabilities, NoncurrentUSD | 5,825,000Source | 5,958,000Source | 4,547,000Source | 8,687,000Source |
| Additional Financial Items | ||||
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | — | 256,277,000Source |
| Dividends Payable, CurrentUSD | 0Source | 0Source | 8,376,000Source | 8,115,000Source |
| Long-term Debt, Current MaturitiesUSD | 359,163,000Source | 0Source | 13,109,000Source | 6,234,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,041,186,000Source | — | 710,883,000Source | 611,845,000Source |
| Short-term InvestmentsUSD | — | — | — | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 6,200,000Source | 6,400,000Source | 6,300,000Source | 5,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 64,768,000Source | 46,756,000Source | 40,529,000Source | 37,094,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 46,570,000Source | 45,880,000Source | -12,119,000Source | 27,254,000Source |
| Increase (Decrease) in InventoriesUSD | 0Source | 0Source | -2,489,000Source | 1,556,000Source |
| Deferred Income Tax Expense (Benefit)USD | -23,429,000Source | -7,750,000Source | -28,641,000Source | -7,602,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 235,187,000Source | 211,494,000Source | 173,920,000Source | 192,160,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 21,217,000Source | 852,702,000Source | 355,250,000Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -26,919,000Source | -857,908,000Source | -360,382,000Source | 21,992,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | 0Source | 0Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 5,702,000Source | 5,206,000Source | 5,570,000Source | 6,090,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 15,184,000Source | 17,170,000Source | 12,377,000Source | 7,824,000Source |
| Payments for Repurchase of Common StockUSD | 105,156,000Source | 86,777,000Source | 33,962,000Source | 77,041,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -238,369,000Source | 640,823,000Source | 51,188,000Source | -101,423,000Source |
| Dividends paid | — | — | — | — |
| Repayments of Long-term DebtUSD | 0Source | 261,250,000Source | 6,875,000Source | 6,873,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -23,270,000Source | -8,881,000Source | -129,319,000Source | 100,871,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 94,807,000Source | 118,077,000Source | 126,958,000Source | 256,277,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 63,524,000Source | 21,771,000Source | 23,867,000Source | 8,572,000Source |
| Income Taxes Paid, NetUSD | 34,353,000Source | 32,386,000Source | 39,771,000Source | 28,680,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,831,000Source | -3,290,000Source | 5,955,000Source | -11,858,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 64,768,000Source | 46,756,000Source | 40,529,000Source | 37,094,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 5,831,000Source | 3,525,000Source | 2,147,000Source | 2,112,000Source |
| Amortization of Intangible AssetsUSD | 145,500,000Source | 94,500,000Source | 96,600,000Source | 68,900,000Source |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | — | — | — | 256,277,000Source |
| DepreciationUSD | 6,232,000Source | 6,426,000Source | 6,345,000Source | 5,002,000Source |
| Dividends Payable, CurrentUSD | 0Source | 0Source | 8,376,000Source | 8,115,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,571,000Source | -2,461,000Source | -2,624,000Source | -500,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | 0Source | 0Source | 10,770,000Source |
| Gain (Loss) on Disposition of Intangible AssetsUSD | — | — | — | 0Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | 0Source | 0Source | 10,770,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 108,215,000Source | 89,518,000Source | 83,157,000Source | 77,876,000Source |
| GoodwillUSD | 1,309,054,000Source | 1,292,177,000Source | 832,101,000Source | 671,037,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 73,133,000Source | 68,438,000Source | 70,197,000Source | 95,069,000Source |
| Income Tax Expense (Benefit)USD | 8,495,000Source | 25,826,000Source | 9,460,000Source | 22,186,000Source |
| InterestExpenseNonoperatingUSD | 70,850,000Source | 32,012,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 73,133,000Source | 68,438,000Source | 70,197,000Source | 95,069,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 70,197,000Source | 95,069,000Source |
| Nonoperating Income (Expense)USD | -71,662,000Source | -29,739,000Source | -30,866,000Source | -14,876,000Source |
| Operating ExpensesUSD | 636,960,000Source | 498,924,000Source | 457,339,000Source | 375,386,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 8,700,000Source |
| Other Nonoperating Income (Expense)USD | 1,759,000Source | 4,734,000Source | 2,538,000Source | 1,414,000Source |
| Payments to Acquire InvestmentsUSD | 0Source | 0Source | 15,262,000Source | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 730,000,000Source | 195,000,000Source | 7,475,000Source |
| Restructuring CostsUSD | — | — | 8,400,000Source | 900,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 977,831,000Source | 753,409,000Source | 694,439,000Source | 602,013,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 153,290,000Source | 124,003,000Source | 110,523,000Source | 132,131,000Source |
| Other Nonoperating Income (Expense)USD | 1,759,000Source | 4,734,000Source | 2,538,000Source | 1,414,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 81,628,000Source | 94,264,000Source | 79,657,000Source | 117,255,000Source |
| Income Tax Expense (Benefit)USD | 8,495,000Source | 25,826,000Source | 9,460,000Source | 22,186,000Source |
| Net Income (Loss) Attributable to ParentUSD | 73,133,000Source | 68,438,000Source | 70,197,000Source | 95,069,000Source |
| Earnings Per Share, BasicUSD per share | 1.7Source | 1.58Source | 1.62Source | 2.19Source |
| Earnings Per Share, DilutedUSD per share | 1.66Source | 1.54Source | 1.57Source | 2.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,996,000Source | 43,268,000Source | 43,456,000Source | 43,475,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 44,019,000Source | 44,427,000Source | 44,658,000Source | 44,247,000Source |
| Interest Expense (non-operating)USD | 70,850,000Source | 32,012,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 145,500,000Source | 94,500,000Source | 96,600,000Source | 68,900,000Source |
| Business Combination, Acquisition Related CostsUSD | 5,317,000Source | 17,109,000Source | 4,704,000Source | 4,603,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0Source | 0.53Source | 0.7Source | 0.7Source |
| Current Income Tax Expense (Benefit)USD | 31,924,000Source | 33,576,000Source | 38,101,000Source | 29,788,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -2,571,000Source | -2,461,000Source | -2,624,000Source | -500,000Source |
| General and Administrative ExpenseUSD | 108,215,000Source | 89,518,000Source | 83,157,000Source | 77,876,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 790,250,000Source | 622,927,000Source | 567,862,000Source | 507,517,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 73,133,000Source | 68,438,000Source | 70,197,000Source | 95,069,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 59,873,000Source | 73,746,000Source | 70,659,000Source | 103,917,000Source |
| Interest ExpenseUSD | — | — | 30,780,000Source | 15,790,000Source |
| Interest Expense, DebtUSD | — | — | 5,747,000Source | 5,712,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 70,197,000Source | 95,069,000Source |
| Nonoperating Income (Expense)USD | -71,662,000Source | -29,739,000Source | -30,866,000Source | -14,876,000Source |
| Operating ExpensesUSD | 636,960,000Source | 498,924,000Source | 457,339,000Source | 375,386,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 8,700,000Source |
| Restructuring CostsUSD | — | — | 8,400,000Source | 900,000Source |
| Selling and Marketing ExpenseUSD | 211,013,000Source | 164,570,000Source | 156,076,000Source | 140,760,000Source |
Filing attachments
e26389_ex99-1.htm · 8-K · 2026-09-22
Exhibit 99.1 Progress Software Completes Acquisition of Domo's AI and Data Platform Business Acquisition advances Progress’ strategy to deliver the context and control organizations need to achieve trusted AI and agentic outcomes with confidence Burlington, Mass., September 22, 2026 - Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced it has completed its acquisition of substantially all the assets of Domo’s AI and data platform business, as well as assume…
Read attachment ↗e26303_ex99-1.htm · 8-K · 2026-07-22
EX-99.1 3 e26303_ex99-1.htm Exhibit 99.1 Progress Software to Acquire Domo’s AI and Data Platform Business Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence - improving accuracy, speed and cost. BURLINGTON, Mass., July 22, 2026 - Progress Software (Nasdaq: PRGS), an AI infrastructure software leader, today announced that i…
Read attachment ↗e26303_ex99-2.htm · 8-K · 2026-07-22
EX-99.2 4 e26303_ex99-2.htm Exhibit 99.2 July 22, 2026 Progress Software to Acquire Domo’s AI and Data Platform Business Supplemental Information 2 © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. Note Regarding Forward - Looking Statements This slide presentation contains statements that are “forward - looking statements” within the meaning of Section 27A of the Secur ities Act of 1933, as amended, and Section 21E of the Securities Exchange A…
Read attachment ↗e25263_ex99-1.htm · 8-K · 2025-07-22
EX-99.1 3 e25263_ex99-1.htm Exhibit 99.1 Progress Software Announces Amended Credit Facility New $1.5B facility will support continued growth and provide greater scale and flexibility Burlington, Mass. - July 22, 2025 - Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased…
Read attachment ↗