Progress Software Corporation (PRGS)

NASDAQ: PRGS · Real-Time Price · USD

41.94

-1.07 (-2.49%)

At close: Sep 12, 2025, 4:00 PM EDT

42.06

+0.12 (0.29%)

After-hours: Sep 12, 2025, 7:27 PM EDT

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	2016 - 2020
Period Ending	May '25 May 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	2016 - 2020
Revenue	869.02	753.41	694.44	602.01	531.31	442.15	Upgrade
Revenue Growth (YoY)	22.10%	8.49%	15.35%	13.31%	20.17%	6.98%	Upgrade
Cost of Revenue	124.2	101.26	96.41	72.42	63.51	54.22	Upgrade
Gross Profit	744.82	652.15	598.03	529.59	467.8	387.93	Upgrade
Selling, General & Admin	285.99	254.09	239.23	218.64	191.02	154.12	Upgrade
Research & Development	168.86	146.34	132.4	114.57	103.34	88.6	Upgrade
Operating Expenses	573.24	494.94	468.23	402.15	341.29	270.66	Upgrade
Operating Income	171.58	157.21	129.8	127.45	126.51	117.27	Upgrade
Interest Expense	-54.23	-32.01	-30.78	-15.79	-20.05	-10.17	Upgrade
Interest & Investment Income	3.96	4.73	2.54	1.41	0.78	1.5	Upgrade
Currency Exchange Gain (Loss)	-2.93	-2.46	-2.62	-0.5	-1.3	-2.42	Upgrade
EBT Excluding Unusual Items	118.39	127.47	98.93	112.57	105.94	106.18	Upgrade
Merger & Restructuring Charges	-35.61	-27.56	-13.11	-5.48	-10.41	-9.54	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	10.77	-	-	Upgrade
Other Unusual Items	-2.49	-5.64	-6.16	-0.6	-	-	Upgrade
Pretax Income	79.7	94.26	79.66	117.26	95.53	96.64	Upgrade
Income Tax Expense	22.11	25.83	9.46	22.19	17.11	16.91	Upgrade
Net Income	57.59	68.44	70.2	95.07	78.42	79.72	Upgrade
Net Income to Common	57.59	68.44	70.2	95.07	78.42	79.72	Upgrade
Net Income Growth	-21.39%	-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)	-0.36%	-0.52%	0.93%	-0.84%	-1.55%	-0.04%	Upgrade
EPS (Basic)	1.34	1.58	1.62	2.19	1.79	1.78	Upgrade
EPS (Diluted)	1.30	1.54	1.57	2.15	1.76	1.76	Upgrade
EPS Growth	-20.22%	-1.91%	-26.98%	22.16%	-	203.45%	Upgrade
Free Cash Flow	170.53	206.29	168.35	186.07	173.88	138.33	Upgrade
Free Cash Flow Per Share	3.83	4.64	3.77	4.21	3.90	3.05	Upgrade
Dividend Per Share	0.175	0.525	0.700	0.700	0.700	0.670	Upgrade
Dividend Growth	-75.00%	-25.00%	-	-	4.48%	6.35%	Upgrade
Gross Margin	85.71%	86.56%	86.12%	87.97%	88.05%	87.74%	Upgrade
Operating Margin	19.74%	20.87%	18.69%	21.17%	23.81%	26.52%	Upgrade
Profit Margin	6.63%	9.08%	10.11%	15.79%	14.76%	18.03%	Upgrade
Free Cash Flow Margin	19.62%	27.38%	24.24%	30.91%	32.73%	31.29%	Upgrade
EBITDA	297.84	260.25	232.95	202.18	179.5	152.04	Upgrade
EBITDA Margin	34.27%	34.54%	33.54%	33.58%	33.78%	34.39%	Upgrade
D&A For EBITDA	126.26	103.04	103.15	74.73	52.98	34.77	Upgrade
EBIT	171.58	157.21	129.8	127.45	126.51	117.27	Upgrade
EBIT Margin	19.74%	20.87%	18.69%	21.17%	23.81%	26.52%	Upgrade
Effective Tax Rate	27.74%	27.40%	11.88%	18.92%	17.91%	17.50%	Upgrade
Revenue as Reported	869.02	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q