Progress Software (PRGS) Stock Price

Progress Software Price

NASDAQ·CLOSED
45.44USD+0.59 (+1.31 %)
Market closed

Over the last 19 years Progress Software grew revenue by 4.2% annually, reaching 977.83 M USD. Earnings per share have grown at 6.8% per year over the last 19 years. For Progress Software, the net margin of 7.5% is down versus 14.8% a few years ago. At today's price the dividend yield works out to roughly 1.16%. The payout ratio is around 35% of earnings. The dividend has grown at 19.6% per year over the past 8 years. The consensus 12-month price target for Progress Software is 66.30 USD, about 45.9% above where the stock trades today. Of 13 analysts, 11 rate the stock a buy — an overall Buy consensus. The stock trades about 81% above its 52-week low.

Progress Software stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Progress Software over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Progress Software stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Progress Software's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Progress Software Stock Price History
DateProgress Software Price
8/30/202645.44 USD
8/28/202644.85 USD
8/27/202644.89 USD
8/26/202643.53 USD
8/25/202643.28 USD
8/24/202643.92 USD
8/21/202644.36 USD
8/20/202643.21 USD
8/19/202643.53 USD
8/18/202643.09 USD
8/14/202643.73 USD
8/13/202644.73 USD
8/12/202643.58 USD
8/11/202643.15 USD
8/10/202643.21 USD
8/7/202642.84 USD
8/6/202641.81 USD
8/5/202642.28 USD
8/4/202641.83 USD
8/3/202641.50 USD
7/31/202640.59 USD
7/30/202640.34 USD
7/29/202642.24 USD
7/27/202639.80 USD
7/23/202636.92 USD
7/22/202637.91 USD
7/21/202639.46 USD
7/20/202639.50 USD
7/17/202640.55 USD
7/16/202640.35 USD
Access this data via the Eulerpool API

Progress Software Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
531.31 M USD
115.58 M USD
78.42 M USD
Jan 1, 2022
602.01 M USD
132.13 M USD
95.07 M USD
Jan 1, 2023
694.44 M USD
110.52 M USD
70.20 M USD
Jan 1, 2024
753.41 M USD
126.28 M USD
68.44 M USD
Jan 1, 2025
977.83 M USD
222.38 M USD
73.13 M USD
Jan 1, 2026 (e)
996.36 M USD
183.55 M USD
259.37 M USD
Jan 1, 2027 (e)
1.00 B USD
184.75 M USD
264.11 M USD
Jan 1, 2028 (e)
1.03 B USD
189.22 M USD
265.63 M USD

Progress Software Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 1, 2026, 5:04 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
0.330.330.380.410.400.400.410.440.530.600.690.750.981.001.001.03
-0.60-0.3013.557.43-1.984.037.0220.1413.3715.288.5029.751.940.602.50
89.7989.7683.0283.7080.3578.5981.8485.9785.1284.2281.7082.6080.8680.8680.8680.86
299.00298.00313.00339.00319.00312.00338.00380.00452.00507.00567.00622.00790.00805.36810.21830.43
63.0080.0014.00-31.0057.0067.0040.00106.00115.00132.00110.00126.00222.00183.00184.00189.00
18.9224.103.71-7.6514.3616.889.6923.9821.6621.9315.8516.7322.7218.3718.3618.40
74.0049.00-8.00-55.0037.0063.0026.0079.0078.0095.0070.0068.0073.00259.00264.00265.00
57.45-33.78-116.33587.50-167.2770.27-58.73203.85-1.2721.79-26.32-2.867.35254.791.930.38
0.500.520.580.630.670.700.700.700.700.730.760.79
4.0011.548.626.354.484.113.95
52.6651.1250.4448.6348.1745.4044.8845.1444.8544.0944.8345.2144.0244.0244.0244.02
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Progress Software generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Progress Software retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Progress Software's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Progress Software has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Progress Software's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Progress Software stock margins

The Progress Software margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Progress Software. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Progress Software.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
85.23 %
21.75 %
14.76 %
Jan 1, 2022
84.30 %
21.95 %
15.79 %
Jan 1, 2023
81.77 %
15.92 %
10.11 %
Jan 1, 2024
82.68 %
16.76 %
9.08 %
Jan 1, 2025
80.82 %
22.74 %
7.48 %
Jan 1, 2026 (e)
80.82 %
18.42 %
26.03 %
Jan 1, 2027 (e)
80.82 %
18.42 %
26.34 %
Jan 1, 2028 (e)
80.82 %
18.42 %
25.86 %

Progress Software Stock Revenue, EBIT, Earnings per Share

The Progress Software earnings per share therefore indicates how much revenue Progress Software has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
11.85 USD
2.58 USD
1.75 USD
Jan 1, 2022
13.65 USD
3.00 USD
2.16 USD
Jan 1, 2023
15.49 USD
2.47 USD
1.57 USD
Jan 1, 2024
16.67 USD
2.79 USD
1.51 USD
Jan 1, 2025
22.21 USD
5.05 USD
1.66 USD
Jan 1, 2026 (e)
23.66 USD
4.17 USD
6.16 USD
Jan 1, 2027 (e)
23.82 USD
4.20 USD
6.27 USD
Jan 1, 2028 (e)
24.39 USD
4.30 USD
6.31 USD

Progress Software business model & stock analysis

Progress Software Corp is a US-based company that offers software development tools and business applications. It was founded in 1981 and is headquartered in Bedford, Massachusetts.

Progress Software SWOT Analysis

Strengths

Progress Software Corp has established a strong market presence, with a significant share in the software industry. Its products and services are well-known and trusted by a wide range of businesses.

The company offers a diverse range of software solutions, catering to various industries and needs. This helps Progress Software Corp to capture a larger customer base and mitigate the risks associated with dependence on a single product or industry.

Progress Software Corp is known for delivering high-quality products and excellent customer support. This has resulted in a loyal customer base, contributing to long-term relationships and repeat business.

Weaknesses

Although Progress Software Corp has a strong presence in the domestic market, its international reach is relatively limited. This restricts the company's growth opportunities in emerging markets and exposes it to risks associated with economic fluctuations in specific regions.

The company still relies on some legacy products that may become less relevant or outdated in the rapidly evolving technology landscape. This dependence poses a challenge in terms of adapting to modern market demands and may require significant investments in product development.

Opportunities

The advancements in emerging technologies, such as artificial intelligence, cloud computing, and Internet of Things (IoT), present opportunities for Progress Software Corp to develop innovative solutions and leverage these technologies to enhance its product offerings.

Collaborating with strategic partners can provide access to new markets, resources, and expertise. By establishing partnerships with technology leaders or industry-specific companies, Progress Software Corp can expand its reach and increase market penetration.

Threats

The software industry is highly competitive, with numerous players vying for market share. Progress Software Corp faces threats from both established competitors and emerging startups offering similar products or services. Sustaining a competitive edge requires continuous innovation and differentiation.

The software industry is constantly evolving, driven by rapid technological advancements. Progress Software Corp needs to stay updated and adapt quickly to new technologies, while also ensuring a seamless transition for its existing customers. Failure to keep pace with industry trends may result in losing market relevance.

Progress Software Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Progress Software Employees
Details
Date
Progress Software Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Progress Software Segments

Progress Software Revenue by Segment (1/4)

  • 3 Years

  • 5 Years

  • Max

Maintenance, SaaS, and professional services
Maintenance
Software licenses
Services
Details
Date
Maintenance, SaaS, and professional services
Maintenance and services
Maintenance
Software licenses
Services
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
244.82 M USD
122.14 M USD
30.21 M USD
Jan 1, 2025
739.94 M USD
0.00 USD
0.00 USD
237.89 M USD
0.00 USD

Progress Software Revenue by Segment (2/4)

  • 3 Years

  • 5 Years

  • Max

Maintenance and services
Maintenance
Professional services
Details
Date
Maintenance and services
Maintenance
Services
Professional services
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
275.03 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
410.17 M USD
0.00 USD
41.84 M USD

Progress Software Revenue by Segment (3/4)

  • Max

SaaS
Details
Date
SaaS
Jan 1, 2014
0.00 USD
Jan 1, 2015
0.00 USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2025
287.93 M USD

Progress Software Revenue by Segment (4/4)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Reportable Segment
OpenEdge
Application Development and Deployment
Data Connectivity and Integration
Data Connectivity
Details
Date
Reportable Segment
OpenEdge
Application Development and Deployment
Data Connectivity and Integration
Data Connectivity
Jan 1, 2014
0.00 USD
296.72 M USD
1.04 M USD
0.00 USD
34.77 M USD
Jan 1, 2015
0.00 USD
295.93 M USD
43.69 M USD
37.93 M USD
0.00 USD
Jan 1, 2016
0.00 USD
276.27 M USD
81.07 M USD
48.01 M USD
0.00 USD
Jan 1, 2017
0.00 USD
276.17 M USD
80.45 M USD
40.96 M USD
0.00 USD
Jan 1, 2018
0.00 USD
278.26 M USD
79.88 M USD
39.03 M USD
0.00 USD
Jan 1, 2025
977.83 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Progress Software Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
EMEA
Asia Pacific
Canada
Latin America
Details
Date
United States
EMEA
Asia Pacific
Canada
Latin America
Jan 1, 2018
204.15 M USD
137.97 M USD
21.63 M USD
15.77 M USD
17.64 M USD
Jan 1, 2019
213.25 M USD
137.30 M USD
22.42 M USD
20.66 M USD
19.67 M USD
Jan 1, 2020
240.72 M USD
143.75 M USD
22.82 M USD
20.28 M USD
14.57 M USD
Jan 1, 2021
294.95 M USD
169.34 M USD
27.13 M USD
22.87 M USD
17.04 M USD
Jan 1, 2022
310.92 M USD
207.71 M USD
35.10 M USD
30.24 M USD
18.05 M USD
Jan 1, 2023
380.67 M USD
222.86 M USD
38.80 M USD
31.00 M USD
21.11 M USD
Jan 1, 2024
421.89 M USD
245.29 M USD
40.82 M USD
25.11 M USD
20.31 M USD
Jan 1, 2025
595.34 M USD
280.91 M USD
51.49 M USD
28.43 M USD
21.67 M USD

Progress Software Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Progress Software historical P/E ratio, EBIT multiple, and P/S ratio

Progress Software annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Progress Software shares outstanding

The number of shares of Progress Software was 44.02 M in 2025. This indicates how many shares Progress Software is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
44.85 M Stocks
Jan 1, 2022
44.09 M Stocks
Jan 1, 2023
44.83 M Stocks
Jan 1, 2024
45.21 M Stocks
Jan 1, 2025
44.02 M Stocks
Jan 1, 2026 (e)
44.02 M Stocks
Jan 1, 2027 (e)
44.02 M Stocks
Jan 1, 2028 (e)
44.02 M Stocks

Progress Software stock splits

In Progress Software's history, there have been no stock splits.

Progress Software Dividend History

9 years of dividend payments

YearAnnual DividendYoY ChangePayments
20240.52USD 25.0%
20230.70USD 0.0%
20220.70USD 0.0%
20210.70USD 4.5%
20200.67USD 6.3%
20190.63USD 9.6%
20180.58USD 11.7%
20170.52USD 312.0%
20160.13USD

Progress Software dividend payout ratio

In 2025, Progress Software had a payout ratio of 37.28%. The payout ratio indicates the percentage of the company's profits that Progress Software distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
40.04 %
Jan 1, 2022
32.46 %
Jan 1, 2023
44.70 %
Jan 1, 2024
34.68 %
Jan 1, 2025
37.28 %
Jan 1, 2026 (e)
11.82 %
Jan 1, 2027 (e)
12.07 %
Jan 1, 2028 (e)
12.49 %

Current Progress Software forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
3.70 %
Buy
84.62 % (11)
Hold
15.38 % (2)
Sell
0.00 % (0)
12M Price Target
66.30
Last Price
46.27
Currency
USD
12M Return Potential
43.29 %
LTM Return
0 %

Progress Software Analyst Rating Actions

DateFirmActionRatingReliability
8/12/2026
DA Davidson
DA Davidson
MaintainedBuy55
7/23/2026
DA Davidson
DA Davidson
MaintainedBuy55
7/1/2026
Oppenheimer
Oppenheimer
MaintainedOutperform62
7/1/2026
Guggenheim
Guggenheim
MaintainedBuy30
7/1/2026
DA Davidson
DA Davidson
MaintainedBuy55
4/1/2026
Citigroup
Citigroup
MaintainedBuy48
3/31/2026
Wedbush
Wedbush
MaintainedOutperform58
3/31/2026
Oppenheimer
Oppenheimer
MaintainedOutperform62
3/31/2026
Jefferies
Jefferies
MaintainedHold56
3/31/2026
DA Davidson
DA Davidson
MaintainedBuy55

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Progress Software Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
6/30/20261.52USD-247.60 MUSD-2026 Q2
3/31/20261.60USD-251.33 MUSD-2026 Q1
1/20/20261.34USD-257.92 MUSD-2025 Q4
6/27/20241.18USD-184.57 MUSD-2024 Q2
3/26/20241.18USD-181.32 MUSD-2024 Q1
1/16/20240.93USD-177.53 MUSD-2023 Q4
9/26/20231.02USD-176.90 MUSD-2023 Q3
6/26/20231.05USD-154.45 MUSD-2023 Q2
3/27/20231.06USD-153.73 MUSD-2023 Q1
1/16/20231.11USD-164.49 MUSD-2022 Q4
...

EESG©

Eulerpool ESG Scorecard© for the Progress Software stock

69/100
54
Environment
79
Social
74
Governance
E

Environment

20
Scope 1 - Direct Emissions59.517
Scope 2 - Indirect emissions from purchased energy1,518.39
Scope 3 - Indirect emissions within the value chain2,830.78
Total CO₂ emissions1,577.907
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees32.9
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Progress Software shareholder structure

% Name
16.55683%
BLACKROCK, INC.
BLACKROCK, INC.
14.71837%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
13.48161%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
8.14703%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
4.58000%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.44015%
Boston Trust Walden Company
Boston Trust Walden Company
...

Progress Software Beneficial Ownership Filings (SEC 13D/G)

Free Float
98.3%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
51.50%
Noble Acquisition Corp.
Noble Acquisition Corp.
SEC ↗
51.50%
04-2746201
04-2746201
SEC ↗
18.60%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
15.30%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
11.09%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
10.20%
Praesidium Investment Management Company, LLC
Praesidium Investment Management Company, LLC
SEC ↗
10.20%
Peter Uddo
Peter Uddo
SEC ↗
10.20%
Kevin Oram
Kevin Oram
SEC ↗
8.55%
BlackRock for purposes of Schedule 13G filings.
BlackRock for purposes of Schedule 13G filings.
SEC ↗
8.31%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗

Progress Software Executives and Management Board

17 members · avg. age 58 · 29 % women

YG

Mr. Yogesh Gupta (64)

President, Chief Executive Officer, Director · since 2016

10.37 M USD

Management

AF

Mr. Anthony Folger (53)

Chief Financial Officer, Executive Vice President

3.84 M USD
JA

Mr. John Ainsworth (60)

Executive Vice President, General Manager - Application and Data Platform

2.20 M USD
LJ

Ms. Loren Jarrett (50)

Executive Vice President, General Manager - Digital Experience

2.19 M USD
SS

Mr. Sundar Subramanian (46)

Executive Vice President, General Manager - Infrastructure Management

2.19 M USD
IP

Mr. Ian Pitt (57)

Executive Vice President, Chief Information Officer

YW

Ms. Yufan Wang (42)

Executive Vice President, Chief Legal Officer, Corporate Secretary and Chief Compliance Officer

Board of Directors

JE

Mr. John Egan (67)

Independent Chairman of the Board

360,042.00 USD
SK

Ms. Samskriti King (51)

Independent Director

320,042.00 USD
CK

Mr. Charles Kane (67)

Independent Director

315,042.00 USD
RG

Dr. Rainer Gawlick (57)

Independent Director

310,042.00 USD
AT

Ms. Angela Tucci (58)

Independent Director

305,042.00 USD
DK

Mr. David Krall (64)

Independent Director

300,042.00 USD

Frequently asked questions about Progress Software

The business model of Progress Software Corp is based on providing application development, deployment, and integration solutions to businesses across various industries. The company offers a comprehensive portfolio of software products and services that enable organizations to build, modernize, and enhance their business applications. Progress Software Corp employs a platform approach, delivering tools and technologies that help businesses develop and manage their applications efficiently. With a focus on offering scalable and reliable solutions, the company caters to the evolving needs of customers and helps foster innovation in software development.

Progress Software Corp is primarily active in the software industry, providing solutions and services for application development, data integration, and business process management. With a focus on digital transformation, Progress Software Corp serves a wide range of industries including financial services, manufacturing, healthcare, retail, and telecommunications. By delivering innovative software products and platforms, Progress Software Corp empowers businesses to enhance operational efficiency, drive customer engagement, and advance their digital capabilities. As a leading software company, Progress Software Corp continues to thrive and adapt in an ever-evolving industry, offering cutting-edge solutions to meet the evolving needs of businesses across various sectors.

The main competitors of Progress Software Corp in the market include IBM, Oracle Corporation, Salesforce.com, and Microsoft Corporation.

Progress Software Corp, headquartered in Bedford, Massachusetts, is a leading global software provider. Founded in 1981, the company has a rich history and extensive background in delivering innovative solutions to businesses across various industries. Progress Software Corp specializes in application development, deployment, and integration technologies, helping organizations accelerate their digital transformation. With a robust portfolio of products and services, they empower businesses to build and modernize applications, enhance customer experience, streamline operations, and achieve competitive advantages. Combining decades of industry expertise and cutting-edge technologies, Progress Software Corp continues to be a trusted partner for businesses seeking reliable and scalable software solutions.

Progress Software Corp has achieved several significant milestones throughout its history. One notable achievement is the company's development and continuous enhancement of its application development platform, known as the Progress OpenEdge platform. This platform has enabled businesses to build and deploy mission-critical business applications efficiently. Progress Software Corp has also made pioneering advancements in the fields of data connectivity and integration software solutions. Additionally, the company has successfully expanded its global presence, attracting a diverse customer base and establishing strategic partnerships worldwide. These milestones highlight Progress Software Corp's commitment to innovation, customer satisfaction, and driving progress in the software industry.

Progress Software Corp is primarily present in multiple countries and regions worldwide. Some key areas where the company has a strong presence include North America, Europe, and Asia-Pacific. In North America, Progress Software Corp operates in the United States and Canada, serving a wide range of industries. In Europe, the company has a significant presence in countries such as the United Kingdom, Germany, France, and Italy. In the Asia-Pacific region, Progress Software Corp maintains operations in countries like Australia, China, Japan, and India. With its global reach, Progress Software Corp continues to provide innovative software solutions to clients across various geographical areas.

Progress Software Corp is a leading global software company that values innovation, customer-centricity, and collaboration. With a corporate philosophy focused on empowering businesses with technology solutions, Progress Software Corp aims to deliver exceptional software products and services that drive digital transformation. By leveraging cutting-edge technologies and fostering a culture of continuous improvement, the company strives to help organizations enhance their productivity, streamline operations, and achieve their strategic goals. With a strong commitment to customer success, Progress Software Corp is known for its dedication to delivering high-quality, reliable software solutions that enable companies to stay ahead in today's competitive landscape.

Analysts currently set an average price target of 65.60 USD for the Progress Software stock (median: 66.30 USD), implying +41.8 % versus the latest price. The consensus is based on 13 analyst ratings.

13 analysts currently rate the Progress Software stock: 11 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Progress Software to generate revenue of 996.36 M USD and earnings per share of 5.89 USD.

Converted at the current exchange rate, the Progress Software share trades at 39.14 EUR (45.44 USD).

The Progress Software share (PRGS) is listed on 5 stock exchanges, including: NASDAQ (PRGS), Frankfurt (PGR.F), München (PGR.MU), Düsseldorf (PGR.DU), SIX (Zürich) (PGR.SW).

Progress Software Corporation is an American software company specializing in the development of software platforms and products for businesses. The company was founded in 1981 and is headquartered in Bedford, Massachusetts. The business model of Progress Software consists of various divisions, all aiming to support companies in the development and improvement of their business processes. These include data integration, application integration, application development, content management, and business rule management products. Data preparation is an important function of the company. Progress offers various products for this purpose, such as "DataDirect," which supports high-performance data integration with a comprehensive range of data sources. Progress also offers "DataDirect Cloud," a platform for integrating applications, data, and processes in a cloud environment. Another important area is application integration, where the company offers solutions for integration and management of services. "Telerik" is another popular product from Progress, providing a platform for modern and responsive UI development. Progress also offers solutions for cloud-based mobile applications with "Kinvey." Application development is a core business of Progress. The company provides a comprehensive platform for business application development with the "OpenEdge Suite." The "Modo platform" helps create applications for multichannel experiences. "Corticon" is a platform for business rule management and automating business processes. Content management solutions are another division of Progress' business model. With the products "Sitefinity" and "Rollbase," companies can manage their web content effectively and in a scalable manner. The company serves customers in various industries, including finance and healthcare, retail and logistics, energy, and public administration. The management has announced a continued focus on improving products and expanding the customer base. Overall, Progress Software offers a comprehensive range of products for businesses to streamline, automate, and optimize their business processes. Whether it is data integration, application integration, application development, content management, or business rule management, the company provides solutions that meet the needs of businesses of all sizes.

The expected revenue of Progress Software is 996.36 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Progress Software is 259.37 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Progress Software is currently 7.71. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Progress Software stock.

The price-to-sales ratio (P/S) of Progress Software is currently 2.01. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Progress Software stock.

The Eulerpool Quality Score for Progress Software is 5/10.

The ISIN of Progress Software is US7433121008. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Progress Software is 884284. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Progress Software is PRGS. The ticker symbol is used to trade Progress Software shares on the stock exchange.

Over the past 12 months, Progress Software paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 1.16 %. For the coming 12 months, Progress Software is expected to pay a dividend of 0.76 USD.

The current dividend yield of Progress Software is 1.16 %.

Progress Software pays a dividend, distributed in the months of , , , .

Progress Software paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.76 USD are expected. This corresponds to a dividend yield of 1.67 %.

Progress Software is assigned to the 'Information technology' sector.

To receive the latest dividend of Progress Software from amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Progress Software distributed 0.53 USD as dividends.

The dividends of Progress Software are distributed in USD.