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StockVS

NASDAQ · Software - Infrastructure · USD

Progress Software Corporation (PRGS) Stock Analysis

Progress Software Corporation (PRGS) is a Software - Infrastructure stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

PRGS

$43.72

+$0.37 (+0.85%)

Oct 21, 2026 · Market close

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Price History

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PRGS Key Statistics

As of Oct 21, 2026
Trading
Open
$43.14
Previous Close
$43.35
Day's Range
42.88–43.84
52-Week Range
23.82–47.25
Volume
356.71K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.89
Valuation
Market Cap
$1.79B
P/E Ratio
20.15
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.09
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.25
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.79
EPS (ttm)Profit attributable to each share over the last twelve months.
2.17
Financials (FY)
Revenue (FY)
$977.83M+29.79%
Net Income (FY)
$73.13M+6.86%
Profit marginThe share of revenue left as profit after all costs and taxes.
9.24%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
40.87M
1-Year Return
−5.71%
Dividend and dates
Avg Volume
557.03K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PRGS closed at $43.72, −5.71% over 1 year.

Progress Software Corporation (PRGS) has a market capitalization of $1.79B.

In fiscal 2025, PRGS reported revenue of $977.83M.

PRGS Stock Return by Calendar Year

Progress Software Corporation (PRGS) 10-year return: what $10,000 became

1 year
$10,000 $9,429
−5.71%
5 years
$10,000 $8,984
−10.16%
10 years
$10,000 $18,181
+81.81%

If you had invested $10,000 in Progress Software Corporation (PRGS) 10 years ago, at the close on October 21, 2016, it would have been worth $18,181 at the close on October 21, 2026: +81.81% in total, +6.16% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+1.77%
2025−34.06%
2024+21.16%
2023+8.94%
2022+6.05%
2021+8.44%
2020+10.64%
2019+18.95%
2018−15.41%
2017+35.45%
2016 (partial year)+12.15%

As of October 21, 2026.

PRGS Revenue and Earnings by Fiscal Year

FY ends November
Fiscal yearRevenueNet incomeNet margin
2025$977.83M$73.13M7.5%
2024$753.41M$68.44M9.1%
2023$694.44M$70.20M10.1%
2022$602.01M$95.07M15.8%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$977.83M$790.25M$174.49M$73.13M7.5%
2024$753.41M$622.93M$157.21M$68.44M9.1%
2023$694.44M$567.86M$129.80M$70.20M10.1%
2022$602.01M$507.52M$127.45M$95.07M15.8%

Annual figures as reported, in the company's reporting currency. As of November 30, 2025.

PRGS Dividend History

$0.53−25.0% vs 2023

Dividends per share, 2024 · 3 payments

YearDividends per sharePaymentsChange
2024$0.533−25.0%
2023$0.704+0.0%
2022$0.704+0.0%
2021$0.704+4.5%
YearDividends per sharePaymentsChange
2024$0.533−25.0%
2023$0.704+0.0%
2022$0.704+0.0%
2021$0.704+4.5%
2020$0.674+6.3%
2019$0.634+9.6%
2018$0.584+11.7%
2017$0.524+312.0%
2016$0.131—

Most recent payment: $0.18 per share, ex-dividend August 30, 2024. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PRGS Valuation vs Software - Infrastructure Median

Median of 182 stocks
MetricPRGSSoftware - Infrastructure medianvs median
P/E20.1530.1733% below
P/S ratio1.793.2745% below
Profit margin9.24%2.53%6.7 pts above

Medians across 182 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Progress Software Corporation (PRGS) is capitalised at $1.79B on the latest close. It is classified in the Software - Infrastructure industry, within the Technology sector. The company reports 2,801 employees.

Over the past 52 weeks the price has ranged from $23.82 to $47.25. PRGS last closed at $43.72 on October 21, 2026. That is +$0.37 (+0.85%) against the previous close. The latest close sits 83.54% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $977.83M. That is +29.79% against the prior fiscal year, when revenue was $753.41M. Net income for the same year was $73.13M. That is +6.86% against the prior fiscal year. The reported profit margin is 9.24%. That is 6.7 percentage points above the Software - Infrastructure median of 2.53%. Trailing earnings per share are 2.17.

Across the 4 fiscal years on file, revenue moves from $602.01M in 2022 to $977.83M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 20.15. That is 33.2% below the Software - Infrastructure median of 30.17. On forward earnings the ratio is 6.09. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.25. Measured against sales, the shares trade at 1.79 times revenue. On price-to-sales that is 45.3% below the Software - Infrastructure median of 3.27. 182 Software - Infrastructure companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.89. Daily returns over the trailing 10 years annualize to a volatility of 34.38%. The trailing one-year total return is −5.71%. Across 10 years the annualized return works out at +6.16%.

Growth & Income

The latest dividend on file for PRGS dates from 2024. Dividends are recorded for 9 calendar years; 2024 shows 3 payments totalling $0.53 a share. The year before, 2023, totalled $0.70 a share.

Across the complete calendar years on file, 2017 returned +35.45% and 2025 returned −34.06%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the total return is +1.77% year to date.

Peer Comparison

Progress Software Corporation (PRGS) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Progress Software Corporation PRGS $1.79B 20.2
Microsoft Corporation MSFT $3.96T 29.7
Palantir Technologies Inc. PLTR $484.74B 173.9
Oracle Corporation ORCL $391.46B 20.2

The Software - Infrastructure industry average P/E ratio is 30.2x. Progress Software Corporation trades at a P/E of 20.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Progress Software Corporation

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

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