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Progress Software Corporation (PRGS)

US · Technology · Software - Infrastructure

$40.84-0.07%
Last close · 2026-10-16

Latest quarter · ended 2026-08-31

Revenue
$246.0M
Revenue YoY
-1.5%
Net profit
$22.8M
Profit YoY
+17.3%
EPS
$1.38
EPS estimate
$1.16
Net margin
9.3%

EPS came in at 1.38 against a street estimate of 1.16 — a beat of 19.0%.

Key statistics

Market cap
$1.67B
P/E
18.8
Forward P/E
6.5
P/B
3.29
Book value
$12.94
EPS (TTM)
$2.17
52-week high
$47.25
52-week low
$23.82
50-day MA
$41.55
200-day MA
$36.57
Beta
0.89

Analyst view

Analysts rate Progress Software Corporation a strong buy (4 buy, 1 hold, 0 sell out of 5) with an average price target of $56.20.

From the latest earnings call · 2026-09-30

CONFIDENT Progress delivered strong Q3 execution, raised FY26 guidance, and closed Domo. Management expects temporary FY27 margin pressure during integration, followed by substantial earnings and cash-flow growth. Q3 FY26 Management cited strength across financial institutions, healthcare, energy, technology, U.S. state agencies, and European law enforcement. Analysts focused on Domo’s synergy path, unusually strong cash flow, and consumption pricing. Management emphasized cost efficiencies, improved collections, and broader pricing-model opportunities. 2026-09-30…

Full summary in the app.

Shareholding

Insiders
2.33%
Institutions
115.99%

Largest institutional holders

FundStake
BlackRock Inc18.52%
Vanguard Portfolio Management, LLC9.41%
State Street Corp4.80%
Vanguard Capital Management, LLC4.65%
Victory Capital Management Inc.4.13%
Arrowstreet Capital Limited Partnership3.12%
LSV Asset Management3.09%
Manufacturers Life Insurance Co2.97%

Recent filings & reports

DocumentDate
Quarterly report · Q3 FY2026
HEADLINE NUMBERS • Fiscal Q3 2026 revenue was $246.005 million, down from $249.795 million in Q3 2025. • Fiscal nine-month revenue was $747.269 mil
2026-09-30
Results announced · Q4 FY2026
HEADLINE NUMBERS • Fiscal Q3 2026 revenue was $246 million, down 2% year-over-year on both an actual and constant-currency basis. • Annualized Recur
2026-09-30
Acquisition completed · Q4 FY2026
PROGRESS SOFTWARE CORPORATION (PRGS) - 8-K SUMMARY HEADLINE NUMBERS • Acquisition completed: September 22, 2026 • Purchase price: $400 million in ca
2026-09-22
Results announced · Q3 FY2026
ASSET PURCHASE AGREEMENT SUMMARY Progress Software Corporation Acquiring Domo, Inc. Assets Agreement Date: July 22, 2026 --- HEADLINE NUMBERS • Tra
2026-07-22
Quarterly report · Q2 FY2026
PROGRESS SOFTWARE CORPORATION – Q2 FY2026 10-Q SUMMARY --- HEADLINE NUMBERS • Total Revenue (6 months ended May 31, 2026): $501.3 million, up 5.4%
2026-06-30
Results announced · Q3 FY2026
PROGRESS SOFTWARE Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Revenue: $253 million, +7% year-over-year (actual currency), +6% constant currency • A
2026-06-30
Shareholder vote results · Q2 FY2026
PROGRESS SOFTWARE CORPORATION (PRGS) - 8-K SUMMARY HEADLINE NUMBERS • Annual stockholder meeting held May 7, 2026 • Nine board members elected for 2
2026-05-11
Quarterly report · Q1 FY2026
PROGRESS SOFTWARE CORPORATION — Q1 FY2026 SUMMARY HEADLINE NUMBERS • Total Revenue: $247.8 million (Q1 FY2026) vs. $238.0 million (Q1 FY2025) — up 4
2026-03-31

Readable in the app.

Deals & corporate news

AnnouncementDate
Completed acquisition of Domo's AI and data platform business for $400M
Progress Software completed its $400 million acquisition of Domo's AI and data platform business on September 22, 2026. This strategic purchase adds Domo's 2,400+ customer base and partnersh
2026-09-22
Asset purchase agreement to acquire business from Domo, Inc.
Progress Software Corporation is acquiring assets from Domo, Inc. under an Asset Purchase Agreement dated July 22, 2026. Progress will purchase specified assets and assume certain liabilitie
2026-07-22

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Data updated 2026-10-19.