Progress Software Corporation (PRGS)

NASDAQ: PRGS · Real-Time Price · USD

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41.41

+0.20 (0.49%)

At close: Nov 28, 2025, 1:00 PM EST

41.10

-0.31 (-0.75%)

After-hours: Nov 28, 2025, 4:04 PM EST

Progress Software Income Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020	2015 - 2019
Revenue	940.13	753.41	694.44	602.01	531.31	442.15	Upgrade
Revenue Growth (YoY)	31.41%	8.49%	15.35%	13.31%	20.17%	6.98%	Upgrade
Cost of Revenue	138.19	101.26	96.41	72.42	63.51	54.22	Upgrade
Gross Profit	801.93	652.15	598.03	529.59	467.8	387.93	Upgrade
Selling, General & Admin	308.51	254.09	239.23	218.64	191.02	154.12	Upgrade
Research & Development	183.58	146.34	132.4	114.57	103.34	88.6	Upgrade
Amortization of Goodwill & Intangibles	135.46	94.51	96.6	68.94	46.93	27.95	Upgrade
Operating Expenses	627.55	494.94	468.23	402.15	341.29	270.66	Upgrade
Operating Income	174.39	157.21	129.8	127.45	126.51	117.27	Upgrade
Interest Expense	-65.2	-32.01	-30.78	-15.79	-20.05	-10.17	Upgrade
Interest & Investment Income	2.33	4.73	2.54	1.41	0.78	1.5	Upgrade
Currency Exchange Gain (Loss)	-1.92	-2.46	-2.62	-0.5	-1.3	-2.42	Upgrade
EBT Excluding Unusual Items	109.59	127.47	98.93	112.57	105.94	106.18	Upgrade
Merger & Restructuring Charges	-35.16	-27.56	-13.11	-5.48	-10.41	-9.54	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	10.77	-	-	Upgrade
Other Unusual Items	-2.02	-5.64	-6.16	-0.6	-	-	Upgrade
Pretax Income	71.62	94.26	79.66	117.26	95.53	96.64	Upgrade
Income Tax Expense	23.09	25.83	9.46	22.19	17.11	16.91	Upgrade
Net Income	48.54	68.44	70.2	95.07	78.42	79.72	Upgrade
Net Income to Common	48.54	68.44	70.2	95.07	78.42	79.72	Upgrade
Net Income Growth	-41.26%	-2.51%	-26.16%	21.23%	-1.63%	201.98%	Upgrade
Shares Outstanding (Basic)	43	43	43	43	44	45	Upgrade
Shares Outstanding (Diluted)	44	44	45	44	45	45	Upgrade
Shares Change (YoY)	0.26%	-0.52%	0.93%	-0.84%	-1.55%	-0.04%	Upgrade
EPS (Basic)	1.13	1.58	1.62	2.19	1.79	1.78	Upgrade
EPS (Diluted)	1.09	1.54	1.57	2.15	1.76	1.76	Upgrade
EPS Growth	-41.17%	-1.91%	-26.98%	22.16%	-	203.45%	Upgrade
Free Cash Flow	186.32	206.29	168.35	186.07	173.88	138.33	Upgrade
Free Cash Flow Per Share	4.19	4.64	3.77	4.21	3.90	3.05	Upgrade
Dividend Per Share	-	0.525	0.700	0.700	0.700	0.670	Upgrade
Dividend Growth	-	-25.00%	-	-	4.48%	6.35%	Upgrade
Gross Margin	85.30%	86.56%	86.12%	87.97%	88.05%	87.74%	Upgrade
Operating Margin	18.55%	20.87%	18.69%	21.17%	23.81%	26.52%	Upgrade
Profit Margin	5.16%	9.08%	10.11%	15.79%	14.76%	18.03%	Upgrade
Free Cash Flow Margin	19.82%	27.38%	24.24%	30.91%	32.73%	31.29%	Upgrade
EBITDA	317.63	260.25	232.95	202.18	179.5	152.04	Upgrade
EBITDA Margin	33.78%	34.54%	33.54%	33.58%	33.78%	34.39%	Upgrade
D&A For EBITDA	143.24	103.04	103.15	74.73	52.98	34.77	Upgrade
EBIT	174.39	157.21	129.8	127.45	126.51	117.27	Upgrade
EBIT Margin	18.55%	20.87%	18.69%	21.17%	23.81%	26.52%	Upgrade
Effective Tax Rate	32.23%	27.40%	11.88%	18.92%	17.91%	17.50%	Upgrade
Revenue as Reported	940.13	753.41	694.44	602.01	531.31	442.15	Upgrade
Advertising Expenses	-	1.5	1.1	1.1	0.9	0.5	Upgrade

Updated Sep 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q