Progress Software Corporation (PRGS)

From the record

Progress Software Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Progress Software Corporation's 10 filed years say what it did: revenue went from $405 million in fiscal 2016 to $978 million in fiscal 2025, up 10.3% a year; it rose in 7 of 9 years; the deepest fall was 7% from fiscal 2016 to fiscal 2018; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-11-30, Progress Software Corporation's diluted share count shrank about 0.2% a year, and dividends and buybacks returned about 47% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 18 sales (18 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-22 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-11-30, Progress Software Corporation earned about 15 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 32 cents per dollar of everything the company owns. Leverage: it owed about 81 cents per dollar of assets, and net share issuance: its share count shrank 0.9% over the year (the filed statements).

From the record

Progress Software Corporation's standing among 218 graded names in its industry family: revenue of $978 million in fiscal 2025 ranks in the top 32% by size; a net margin of 7.5% ranks in the top 34%; revenue growth of 17.5% a year over the last 3 filed years ranks in the top 34% (its annual reports).

From the record

Progress Software Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Gupta, Yogesh K (Chief Executive Officer, as filed), filing under that title since 2016-10-11, 10.1 years (top 13% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 8.5 years (top 13%); no officer or director change was reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Progress Software Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $95 million against debt of $1.0 billion leaves -38.5% of its assets as net cash, bottom 4% of its family; cash from operations less capital spending is 23.5% of revenue (top 27%); a gross margin of 80.8% (top 19%) (its annual report).

From the record

Progress Software Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 17.5% a year over the last three filed years against 10.3% over all 10, speeding up (top 5% of its family); the newest year grew 29.8% (top 16%); capital spending grew -2.2% a year (bottom 49%) (its annual reports). Progress Software Corporation reported 2 product lines in fiscal 2025: Maintenance and Services at $740 million (76%), Software Licenses at $238 million (24%); 1 of 2 grew against the year before (its annual report).

From the record

Progress Software Corporation's newest year against its own record: revenue of $978 million in fiscal 2025 came in 16% above the $843 million its prior three years' pace pointed to (top 16% of its family); net income of $73 million against a prior three-year average of $78 million (bottom 25%); a net margin of 7.5% against 11.7% before (bottom 19%) (its annual reports).