Progress Software Stock Today

PRGS Stock  USD 31.23  -0.59  -1.85%   
Progress Software is part of the Information Technology sector. Gross profit totals approximately USD831.48 million, alongside net income of about USD73.13 million. EBITDA is approximately USD159.52 million.
Performance
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Odds Of Distress
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Progress Software currently trades at $31.23, posting 1.85% down in today's market action. Progress Software carries a 38% probability of financial distress over the medium term. Over the last 90 trading days, it has delivered negative risk-adjusted returns. The performance scores cover the interval from December 20, 2025 to March 20, 2026. Score values are derived from data observed across the selected dates. Learn more.
 IPO Date
30th of July 1991
 Asset Type
Stock
 Category
Technology
 Classification
Information Technology

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Follow Valuation Options Odds of Bankruptcy
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Stock Highlights

Progress Software (PRGS) is listed on NASDAQ Exchange in USA. Progress Software is part of the Systems Software industry. The company is classified under the Software sector. At roughly 1.38 B, Progress Software belongs to the mid-cap segment of systems software companies. The broader capitalization picture also reflects enterprise value near 2.75 B, a workforce of about 2,801 people, and about 42.11 M shares outstanding. The company has 4.35 M shares sold short (3.45 days to cover). The company has Profit Margin (PM) of 7.0 %, which suggests that the company's business model is producing consistent profitability. This is better than most industry peers. Similarly, it shows Operating Margin (OM) of 17.0 %, which suggests that the company covers its operating costs with $17.0 to spare per $100 of sales.
Progress Software financial stability analysis
Ownership Allocation The majority of Progress Software's outstanding shares are owned by institutional investors. High institutional ownership often reflects the stock's eligibility for passive index funds, which are required to hold positions proportional to index weights regardless of their own investment view. Active managers holding Progress Software must also disclose positions above certain thresholds through SEC filings. Institutions collectively hold about 98% of Progress Software's shares, insiders own approximately 2%, and the remaining 0% is in public hands.
Check Progress Ownership Details

Progress Software Hype to Price Pattern

Public headlines and social activity around Progress Software shape investor expectations in ways that translate into measurable risk signals for Progress. Monitoring how Progress Software's average sentiment shifts over time can inform when to add or reduce exposure. Investor mood toward Progress Software is presently assessed as strongly positive, according to analysis of 1 media-driven sentiment signals as of 2026-03-16.

Open Interest Against 2026-03-20 Progress Option Contracts

Current option-chain data for Progress Software covers the March 20th 2026 expiration. The chain lists 35 contracts (18 calls and 17 puts). At a glance, metrics point to implied volatility near 3.3, put/call open-interest ratio around 0.22, and max pain near strike 32.5. Strike-level open interest is available in the full chain. View more details.
Open interest in Progress Software options reflects the number of outstanding contracts. Open interest is often compared with Progress Software price action to assess positioning. Variations in open interest may highlight positioning adjustments. All figures are based on available market data.
ESG Sustainability
Progress Software reported an ESG Environmental Score of 64.78, an ESG Governance Score of 62.02, and an ESG Social Score of 62.97. Progress Software demonstrates above-median ESG positioning within Systems Software. ESG metrics are often used to evaluate governance structure, sustainability exposure, and risk oversight. All values are shown as reference data.
Environmental
Governance
Social

Notable Updates

NonVoting CEOMichael Mark
President CEO, DirectorYogesh Gupta
Chief PresidentYuFan Wang
Senior Vice President Products--CoreJohn Ainsworth
Business ConcentrationSystems Software, Software - Infrastructure, Information Technology, NASDAQ Composite, SAMPP Small-Cap 600, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst RecommendationThe current consensus for Progress Software stands at 3.83 (Buy), based on 6 analyst inputs. The aggregate rating shows minimal change. Changes in ratings contribute to this shift.
Financial Strength
Progress Software reported a Gross Profit Margin of 61.0%, an Operating Margin of 17.2%, and a Return On Assets of 3.3%. Progress Software reflects a mix of operating scale and capital structure considerations. Operating returns remain positive, suggesting ongoing earnings capacity. In technology businesses, recurring revenue quality, R&D investment discipline, and operating margin expansion are key durability indicators.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.830.46
Way Up
Slightly volatile
Gross Profit Margin0.610.73
Fairly Down
Pretty Stable
Total Current Liabilities977.8 M931.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B
Sufficiently Up
Slightly volatile
Total AssetsB2.8 B
Sufficiently Up
Slightly volatile
Total Current Assets296.1 M460 M
Way Down
Slightly volatile
Total Cash From Operating Activities284 M270.5 M
Sufficiently Up
Slightly volatile
Debt Levels
Progress Software reported $4.48 in Net Debt To EBITDA, a Debt To Equity of 1.68x, and $1.3 billion in Long Term Debt. a Long Term Debt To Capitalization of 60.0% and $738.8 million in Long Term Debt Total round out the capital structure view for Progress Software.

Current Assets

Progress Software reported $0.73 in Intangibles To Total Assets, $3.0 billion in Total Assets, and a Return On Assets of 3.3%. a Return On Tangible Assets of 8.0% round out the key financial metrics view for Progress Software.

Earnings per Share Projection vs Actual

Consensus EPS for Progress Software is 1.40, with bounds of 1.37 and 1.46. EPS TTM is 1.66. For Progress Software, EPS is most informative when read together with margin stability and cash-flow conversion.
Consensus EPS projections for Progress Software's are based on current analyst assumptions and may be revised. Reported EPS TTM is historical and should not be read as a forecast.

Top Institutional Holders

Institutional Holdings in Progress Software captures the equity stake owned by major financial organizations such as mutual funds, pension plans, and endowments. These holders can acquire large positions in Progress Software and exert significant management influence.
InstituionRecorded OnShares
Amvescap Plc.2025-09-30
868.2 K
Macquarie Group Ltd2025-09-30
862.1 K
Principal Financial Group Inc2025-09-30
843.6 K
American Century Companies Inc2025-12-31
740.6 K
Swedbank Ab2025-12-31
735.6 K
Capital Research & Mgmt Co - Division 32025-12-31
722.1 K
View Progress Software Diagnostics

Progress Software Historical Income Statement

Reporting trends point to Total Operating Expenses dropping compared to prior-year levels. For the prior annual period, Total Operating Expenses came in at 732.5 Million. As of March 20th, 2026, Net Income is estimated to rise to approximately 88.3 M, whereas Income Before Tax is moving lower toward slightly above 53.1 M. View More Fundamentals

Progress Software Against Markets

Stock Overview, Methodology & Data Sources

Progress Software Corporation develops, deploys, and manages business applications. The company was founded in 1981 and is headquartered in Burlington, Massachusetts. Progress Software employs 2,801 people. Headquarters are in 15 Wayside Road, Burlington, MA, United States, 01803. Latest reported figures include market cap 1.38 B, P/E 30.63, P/B 2.96. Progress Software operates in Systems Software, Software - Infrastructure, Information Technology. This section focuses on fundamentals first, then market-implied risk context. Price behavior may show elevated responsiveness to broader market cycles.

Methodology

Unless otherwise specified, financial data for Progress Software is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Progress (USA Stocks:PRGS) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Macroaxis analytics incorporate public filings and market reference sources and official disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Data harmonization may result in minor timing offsets. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Progress Software has active sell-side coverage. Source-validated coverage currently shows 6 approved analysts, while broader market-consensus totals may differ across providers due to methodology and update timing. 3 analysts have submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include HSBC Global Research, Wells Fargo Securities, Goldman Sachs, Guggenheim Securities, RBC Capital Markets, Citigroup, among others. Updates may occur throughout the day.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 16th, 2026

Progress Software Corporate Management

Amanda ArriaChief OfficerProfile
Michael MiccicheSenior RelationsProfile
Sundar SubramanianExecutive ManagementProfile
Jeremy SegalExecutive DevelopmentProfile

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