Progress Software Corporation (PRGS)

NASDAQ: PRGS · Real-Time Price · USD

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36.53

+0.87 (2.44%)

At close: Feb 13, 2026, 4:00 PM EST

36.25

-0.28 (-0.77%)

After-hours: Feb 13, 2026, 5:05 PM EST

Progress Software Income Statement

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

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	977.83	753.41	694.44	602.01	531.31
Revenue Growth (YoY)	29.79%	8.49%	15.35%	13.31%	20.17%
Cost of Revenue	146.36	101.26	96.41	72.42	63.51
Gross Profit	831.48	652.15	598.03	529.59	467.8
Selling, General & Admin	319.23	254.09	239.23	218.64	191.02
Research & Development	192.27	146.34	132.4	114.57	103.34
Amortization of Goodwill & Intangibles	145.49	94.51	96.6	68.94	46.93
Operating Expenses	656.99	494.94	468.23	402.15	341.29
Operating Income	174.49	157.21	129.8	127.45	126.51
Interest Expense	-70.85	-32.01	-30.78	-15.79	-20.05
Interest & Investment Income	1.76	4.73	2.54	1.41	0.78
Currency Exchange Gain (Loss)	-2.57	-2.46	-2.62	-0.5	-1.3
EBT Excluding Unusual Items	102.83	127.47	98.93	112.57	105.94
Merger & Restructuring Charges	-18.43	-27.56	-13.11	-5.48	-10.41
Gain (Loss) on Sale of Assets	-	-	-	10.77	-
Other Unusual Items	-4.98	-7.74	-9.86	-0.6	-
Pretax Income	81.63	94.26	79.66	117.26	95.53
Income Tax Expense	8.5	25.83	9.46	22.19	17.11
Net Income	73.13	68.44	70.2	95.07	78.42
Net Income to Common	73.13	68.44	70.2	95.07	78.42
Net Income Growth	6.86%	-2.51%	-26.16%	21.23%	-1.63%
Shares Outstanding (Basic)	43	43	43	43	44
Shares Outstanding (Diluted)	44	44	45	44	45
Shares Change (YoY)	-0.92%	-0.52%	0.93%	-0.84%	-1.55%
EPS (Basic)	1.70	1.58	1.62	2.19	1.79
EPS (Diluted)	1.66	1.54	1.57	2.15	1.76
EPS Growth	7.79%	-1.91%	-26.98%	22.16%	-
Free Cash Flow	229.49	206.29	168.35	186.07	173.88
Free Cash Flow Per Share	5.21	4.64	3.77	4.21	3.90
Dividend Per Share	-	0.530	0.700	0.700	0.700
Dividend Growth	-	-24.29%	-	-	4.48%
Gross Margin	85.03%	86.56%	86.12%	87.97%	88.05%
Operating Margin	17.84%	20.87%	18.69%	21.17%	23.81%
Profit Margin	7.48%	9.08%	10.11%	15.79%	14.76%
Free Cash Flow Margin	23.47%	27.38%	24.24%	30.91%	32.73%
EBITDA	326.22	260.25	232.95	202.18	179.5
EBITDA Margin	33.36%	34.54%	33.54%	33.58%	33.78%
D&A For EBITDA	151.72	103.04	103.15	74.73	52.98
EBIT	174.49	157.21	129.8	127.45	126.51
EBIT Margin	17.84%	20.87%	18.69%	21.17%	23.81%
Effective Tax Rate	10.41%	27.40%	11.88%	18.92%	17.91%
Revenue as Reported	977.83	753.41	694.44	602.01	531.31
Advertising Expenses	-	-	-	1.1	0.9

Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q