Progress Software Corporation (PRGS)

Progress Software Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Net Income	92.41	73.13	68.44	70.2	95.07	78.42
Depreciation & Amortization	145.03	151.72	103.04	103.15	74.73	52.98
Other Amortization	6.73	5.83	3.53	2.15	2.11	8.2
Loss (Gain) From Sale of Assets	-	-	-	-	-10.77	0.01
Stock-Based Compensation	72.44	64.77	46.76	40.53	37.09	29.72
Provision & Write-off of Bad Debts	11	4.52	0.54	0.49	0.77	-0.28
Other Operating Activities	-7.49	-12.25	3.97	-19.25	0.18	10.04
Change in Accounts Receivable	-0.63	-46.57	-45.88	12.12	-27.25	-11
Change in Inventory	-	-	-	2.49	-1.56	0.25
Change in Accounts Payable	-5.47	-0.8	28.92	-1.24	-3.58	5.49
Change in Unearned Revenue	25.19	13.54	16.18	-24.1	36.27	30.47
Change in Income Taxes	-2.12	3.17	0.44	-0.55	-0.12	-2.25
Change in Other Net Operating Assets	-8.82	-21.88	-14.45	-12.05	-10.79	-23.51
Operating Cash Flow	328.27	235.19	211.49	173.92	192.16	178.53
Operating Cash Flow Growth	70.94%	11.20%	21.60%	-9.49%	7.63%	23.25%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Capital Expenditures	-9.13	-5.7	-5.21	-5.57	-6.09	-4.65
Sale of Property, Plant & Equipment	-	-	-	-	26	-
Cash Acquisitions	-0.56	-21.22	-852.7	-355.25	-	-253.96
Investment in Securities	-	-	-	0.44	1.95	5.95
Other Investing Activities	-	-	-	-	0.13	2.33
Investing Cash Flow	-9.69	-26.92	-857.91	-360.38	21.99	-250.34

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Long-Term Debt Issued	-	-	1,180	195	7.48	360
Long-Term Debt Repaid	-	-130	-371.25	-91.88	-6.87	-117.31
Net Debt Issued (Repaid)	-190	-130	808.7	103.13	0.6	242.69
Issuance of Common Stock	13.6	18.97	27.76	25.96	16.17	15.03
Repurchase of Common Stock	-123.72	-120.34	-103.95	-46.34	-84.87	-40.19
Common Dividends Paid	-0.79	-0.79	-31.46	-31.55	-31.06	-31.56
Other Financing Activities	0.04	-6.21	-60.23	-	-2.26	-53.86
Financing Cash Flow	-300.87	-238.37	640.82	51.19	-101.42	132.11

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Foreign Exchange Rate Adjustments	-3.07	6.83	-3.29	5.96	-11.86	-2.89
Net Cash Flow	14.65	-23.27	-8.88	-129.32	100.87	57.42

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Free Cash Flow	319.15	229.49	206.29	168.35	186.07	173.88
Free Cash Flow Growth	71.29%	11.24%	22.54%	-9.52%	7.01%	25.70%
Free Cash Flow Margin	31.92%	23.47%	27.38%	24.24%	30.91%	32.73%
Free Cash Flow Per Share	7.52	5.21	4.64	3.77	4.21	3.90
Levered Free Cash Flow	320.52	223.11	296.51	192.68	203.35	157.25
Unlevered Free Cash Flow	354.17	261.56	312.99	209.77	211.11	161.58

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Cash Interest Paid	58.74	63.52	21.77	23.87	8.57	8.54
Cash Income Tax Paid	38.36	34.35	32.39	39.77	28.68	25.92
Change in Working Capital	8.16	-52.54	-14.79	-23.34	-7.03	-0.56

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 16, 2026

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