Below is Progress Software's Net Income - what it measures, how it is derived, and where it stands now. The formula components map to line items in reported financial statements. The derivation method links the metric to underlying balance sheet or income data. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Net Income
=
(Rev + Gain)
-
(Exp + Loss)
=
73.13 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales. The Net Income figure for Progress Software is sourced from the most recent financial disclosure. All inputs trace back to official financial reporting documents. Data periodicity follows the standard regulatory filing cadence.
Latest Progress Software's Net Income Growth Pattern
The progression of Progress Software's Net Income across 15 years is laid out below. The direction is advancing with the most recent data point at 88.3 M. Gaps between consecutive data points reveal where Progress Software's Net Income changed most rapidly.
Developing a solid financial model for Progress Software begins with understanding how its key financial indicators, such as Net Income, relate to one another. The interconnected nature of Progress Software's financial accounts means that a correlation-based analysis can reveal important interdependencies that would otherwise be missed.
Accumulated Other Comprehensive Income is currently estimated at -31.32 Million, marking a shift of 4.76%. A year ago, Accumulated Other Comprehensive Income was sitting at -29.83 Million.
With Net Income at 73.13 M, Progress Software sits 86.43% below the Software sector average and notably below the Information Technology industry average. Progress Software's net income is 87.19% lower than the all United States stocks average.
Fundamental Drivers Relationships
Comparative market metrics assess Progress Software's pricing relative to peers. Exploring the interplay between Progress Software's financial ratios and those of its competitors can uncover valuation signals that standalone analysis misses. More Info.
Progress Software maintains a second standing in net income relative to competitors. It also maintains a second standing in return on asset relative to competitors . For Progress Software, Net Income stands at 1,669,703,196 times Return On Asset. Recent disclosures position Net Income within an advancing cycle. Year-ago financials show Progress Software with Net Income of 84.1 Million. Comparative pricing ratios position Progress Software within industry norms.
Net Income Peer Comparison
Stock peer comparison based on Net Income provides investors with a direct way to evaluate Progress Software against similar companies. Analyzing Progress Software's Net Income relative to competitors can reveal whether it is undervalued or overvalued compared to the sector.
Progress Software is currently under evaluation in net income relative to competitors.
Institutional Holders
Institutional ownership in Progress Software comprises the shares held by large financial organizations, including pension funds, endowments, and investment managers. These holders often own significant blocks of Progress Software's stock and can influence the company's management through.
Progress Software reports annual revenue of 977.83 M, a profit margin of 7.48%, ROE of 15.95%, debt-to-equity of 1.76. Long-term financial strength of Progress Software depends on its ability to manage growth and leverage cycles. Balance-sheet composition highlights financial flexibility and solvency profile. Progress Software financial statements indicate revenue of 977.83 M, positive EPS of 1.66, operating margin of 17.19%, current ratio of 1.3.
This section for Progress Software is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Analyst projections are included when active coverage applies. Values may update on different source schedules. Accounting-line values follow GAAP or IFRS structures as published in issuer filings.