Progress Software Corporation (PRGS) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Progress Software Corporation (PRGS) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

PRGS

Market Closed

Progress Software Corporation

NASDAQTechnology Software - Application

2.80K employees

CEO: Yogesh K. Gupta

Founded: 1991

$37.85

+$0.00(+NaN%)

Market Cap

1.55B

Beta

0.82

52W Range

N/A

Dividend Yield

1.85%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

80.8%

26.9%

CAGR: 14.9%

Profit after direct costs

Operating Margin

15.7%

23.6%

CAGR: 7.2%

Core business profitability

Net Margin

7.5%

6.9%

CAGR: -1.7%

Bottom line profitability

Revenue Growth

29.8%

YoY

CAGR: 16.5%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how PRGS allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

80.8%

$790.25M

Operating Margin

15.7%

$153.29M

Net Margin

7.5%

$73.13M

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	531.31M	602.01M	694.44M	753.41M	977.83M	29.8%
Cost of Revenue	(78.45M)	(94.50M)	(126.58M)	(130.48M)	(187.58M)	43.8%
Gross Profit	452.86M	507.52M	567.86M	622.93M	790.25M	26.9%
Operating Expenses
Research & Development	(103.34M)	(114.57M)	(132.40M)	(146.34M)	(192.26M)	31.4%
Selling, General & Administrative	(191.02M)	(218.64M)	(239.23M)	(254.09M)	(319.23M)	25.6%
General & Administrative	(65.13M)	(77.88M)	(83.16M)	(89.52M)	(108.22M)	20.9%
Selling & Marketing	(125.89M)	(140.76M)	(156.08M)	(164.57M)	(211.01M)	28.2%
Depreciation & Amortization	(52.98M)	(74.73M)	(103.15M)	(103.04M)	(6.23M)	-94.0%
Operating Income (EBIT)	116.10M	132.13M	110.52M	124.00M	153.29M	23.6%
Non-Operating Items
Interest Income	777.00K	1.41M	2.54M	4.73M	1.76M	-62.8%
Interest Expense	(20.05M)	(15.79M)	(30.78M)	(32.01M)	(70.85M)	121.3%
Other Income/Expenses (Net)	-20.57M	-14.88M	-30.87M	-29.74M	-71.66M	141.0%
Income Before Tax	95.53M	117.25M	79.66M	94.26M	81.63M	-13.4%
Income Tax Expense	(17.11M)	(22.19M)	(9.46M)	(25.83M)	(8.49M)	-67.1%
Net Income	78.42M	95.07M	70.20M	68.44M	73.13M	6.9%
Per Share Metrics
Earnings Per Share (Basic)	$2	$2	$2	$2	$2	7.6%
Weighted Avg Shares Outstanding	43.92M	43.48M	43.46M	43.27M	43.00M	-0.6%
Weighted Avg Shares Outstanding (Diluted)	44.62M	44.25M	44.66M	44.43M	44.02M	-0.9%
EBITDA	168.56M	207.78M	213.58M	229.32M	158.71M	-30.8%

Explore PRGS

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

PRGS in the Technology

Small Cap

Technology

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Software - Application

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