Progress Software Corp
F:PGR

Watchlist Manager
Progress Software Corp Logo
Progress Software Corp
F:PGR
Watchlist
Price: 36.8 EUR 4.55% Market Closed
Market Cap: €1.6B

Progress Software Corp
Investor Relations

Progress Software Corp. is a pioneering player in the software industry, carving out its niche by providing businesses with the building blocks necessary for digital transformation. Founded in 1981, the Massachusetts-based company has evolved in harmony with the ever-changing tech landscape. At its core, Progress Software offers robust cloud and hybrid deployment tools that empower developers to create, deploy, and manage complex applications with ease. By offering an array of products such as application development platforms, data connectivity solutions, and application management tools, Progress caters to the dynamic needs of businesses that seek to enhance efficiency and innovate swiftly. These offerings serve multiple sectors from finance to healthcare, enabling enterprises to integrate powerful functionalities into their operations without starting from scratch.

The company's revenue streams are as multifaceted as its product offerings. Primarily, Progress Software generates income through software license fees, subscriptions, maintenance, and support services. As businesses increasingly prioritize digital agility, the recurring nature of its subscription and support revenues has proved pivotal, offering not just growth but also financial predictability. Moreover, strategic acquisitions have bolstered its product suite, cementing its role as a comprehensive solution provider. By consistently updating its technologies to remain at the forefront of trends such as artificial intelligence and machine learning, Progress ensures its clients can adapt to future challenges, thus maintaining its significance in a tech-driven world. In essence, Progress Software thrives by being the architect of digital frameworks that foster innovation across industries.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Jan 20, 2026
AI Summary
Q4 2025

Strong Q4 Results: Progress Software delivered a strong fourth quarter, beating expectations in bookings and cash flow.

ShareFile Integration: The ShareFile acquisition was integrated more quickly and at a lower cost than expected, helping margins rebound.

Operating Margin: Operating margin hit 39% for 2025, reaching the target level ahead of plan.

2026 Guidance: Revenue for 2026 is expected between $986 million and $1 billion, with annual growth of 1–2%.

Free Cash Flow: Adjusted free cash flow guidance for 2026 is $260–274 million, outpacing revenue growth.

AI Investments: Management continues to invest in AI but expects real business impact and monetization to take time.

Net Retention: Net retention rate remains at about 100%, with no material AI-driven uplift yet.

Key Financials
Net Leverage Ratio
3.4x
DSO
73 days
Deferred Revenue
$425 million
Adjusted Free Cash Flow
$62 million (Q4), $247 million (FY 2025)
Share Repurchases
$40 million (Q4), $105 million (FY 2025)
Shares Outstanding
approximately 44 million
Annual Recurring Revenue (ARR) Growth
2% (FY 2025)
Revenue
$986 million – $1 billion (FY 2026 guidance)
Earnings Per Share (EPS)
$1.56–1.62 (Q1 2026 guidance), $5.82–5.96 (FY 2026 guidance)
Operating Margin
39%
Net Retention Rate
100%
Other Earnings Calls

Management

Mr. Yogesh K. Gupta
CEO, President & Director
No Bio Available
Mr. John Ainsworth
Executive VP & GM of Application & Data Platform
No Bio Available
Mr. Sundar Subramanian
Executive VP & GM of Infrastructure Management
No Bio Available
Mr. Domenic Lococo
Chief Accounting Officer
No Bio Available
Mr. Ian Pitt
Executive VP & Chief Information Officer
No Bio Available
Mr. Brian Flanagan
Directory of Treasury & Investor Relations
No Bio Available
Ms. Jennifer Ortiz
Executive Vice President of Marketing
No Bio Available
Mr. Jeremy Segal
Executive Vice President of Corporate Development
No Bio Available
Ms. Amanda Arria
Chief People Officer
No Bio Available
Dr. Shirley Knowles
Chief Inclusion & Diversity Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Burlington
15 Wayside Rd, Suite 400
Contacts
+17812804000.0
www.progress.com