Progress Software Corporation (PRGS)
NASDAQ: PRGS · Real-Time Price · USD
40.84
-0.03 (-0.07%)
Oct 16, 2026, 4:00 PM EDT - Market closed
Progress Software Income Statement
Financials in millions USD. Fiscal year is December - November.
Millions USD. Fiscal year is Dec - Nov.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 |
| 999.94 | 977.83 | 753.41 | 694.44 | 602.01 | 531.31 | |
Revenue Growth | 6.36% | 29.79% | 8.49% | 15.35% | 13.31% | 20.17% |
Cost of Revenue | 141.62 | 146.36 | 101.26 | 96.41 | 72.42 | 63.51 |
Gross Profit | 858.32 | 831.48 | 652.15 | 598.03 | 529.59 | 467.8 |
Selling, General & Admin | 329.16 | 319.23 | 254.09 | 239.23 | 218.64 | 191.02 |
Research & Development | 195.26 | 192.27 | 146.34 | 132.4 | 114.57 | 103.34 |
Amortization of Goodwill & Intangibles | 140.04 | 145.49 | 94.51 | 96.6 | 68.94 | 46.93 |
Operating Expenses | 664.45 | 656.99 | 494.94 | 468.23 | 402.15 | 341.29 |
Operating Income | 193.87 | 174.49 | 157.21 | 129.8 | 127.45 | 126.51 |
Interest Expense | -64.61 | -70.85 | -32.01 | -30.78 | -15.79 | -20.05 |
Interest & Investment Income | 2.03 | 1.76 | 4.73 | 2.54 | 1.41 | 0.78 |
Currency Exchange Gain (Loss) | -3.09 | -2.57 | -2.46 | -2.62 | -0.5 | -1.3 |
EBT Excluding Unusual Items | 128.2 | 102.83 | 127.47 | 98.93 | 112.57 | 105.94 |
Merger & Restructuring Charges | -10.55 | -18.43 | -27.56 | -13.11 | -5.48 | -10.41 |
Gain (Loss) on Sale of Assets | - | - | - | - | 10.77 | - |
Other Unusual Items | -11.73 | -4.98 | -7.74 | -9.86 | -0.6 | - |
Pretax Income | 110.92 | 81.63 | 94.26 | 79.66 | 117.26 | 95.53 |
Income Tax Expense | 18.51 | 8.5 | 25.83 | 9.46 | 22.19 | 17.11 |
Net Income | 92.41 | 73.13 | 68.44 | 70.2 | 95.07 | 78.42 |
Net Income to Common | 92.41 | 73.13 | 68.44 | 70.2 | 95.07 | 78.42 |
Net Income Growth | 90.39% | 6.86% | -2.51% | -26.16% | 21.23% | -1.63% |
Shares Outstanding (Basic) | 42 | 43 | 43 | 43 | 43 | 44 |
Shares Outstanding (Diluted) | 42 | 44 | 44 | 45 | 44 | 45 |
Shares Change | -4.57% | -0.92% | -0.52% | 0.93% | -0.84% | -1.55% |
EPS (Basic) | 2.20 | 1.70 | 1.58 | 1.62 | 2.19 | 1.79 |
EPS (Diluted) | 2.18 | 1.66 | 1.54 | 1.57 | 2.15 | 1.76 |
EPS Growth | 98.98% | 7.79% | -1.91% | -26.98% | 22.16% | 0% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | 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 |
Free Cash Flow | 319.15 | 229.49 | 206.29 | 168.35 | 186.07 | 173.88 |
Free Cash Flow Per Share | 7.52 | 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% | 0% | 0% | 4.48% |
Gross Margin | 85.84% | 85.03% | 86.56% | 86.12% | 87.97% | 88.05% |
Operating Margin | 19.39% | 17.84% | 20.87% | 18.69% | 21.17% | 23.81% |
Profit Margin | 9.24% | 7.48% | 9.08% | 10.11% | 15.79% | 14.76% |
Free Cash Flow Margin | 31.92% | 23.47% | 27.38% | 24.24% | 30.91% | 32.73% |
EBITDA | 338.9 | 326.22 | 260.25 | 232.95 | 202.18 | 179.5 |
EBITDA Margin | 33.89% | 33.36% | 34.54% | 33.54% | 33.58% | 33.78% |
D&A For EBITDA | 145.03 | 151.72 | 103.04 | 103.15 | 74.73 | 52.98 |
EBIT | 193.87 | 174.49 | 157.21 | 129.8 | 127.45 | 126.51 |
EBIT Margin | 19.39% | 17.84% | 20.87% | 18.69% | 21.17% | 23.81% |
Effective Tax Rate | 16.69% | 10.41% | 27.40% | 11.88% | 18.92% | 17.91% |
Revenue as Reported | 999.94 | 977.83 | 753.41 | 694.44 | 602.01 | 531.31 |
Advertising Expenses | - | - | - | - | 1.1 | 0.9 |