Progress Software › Financials
Progress Software financials
PRGSTen years from Progress Software’s own SEC filings. Fiscal years end in November.
Income statement
| Nov 2016fiscal year | Nov 2017fiscal year | Nov 2018fiscal year | Nov 2019fiscal year | Nov 2020fiscal year | Nov 2021fiscal year | Nov 2022fiscal year | Nov 2023fiscal year | Nov 2024fiscal year | Nov 2025fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $405.3M | $389.2M | $379.0M | $413.3M | $442.1M | $531.3M | $602.0M | $694.4M | $753.4M | $977.8M | $999.9M | — |
| Gross profit | $339.6M | $320.0M | $312.0M | $338.1M | $380.0M | $452.9M | $507.5M | $567.9M | $622.9M | $790.2M | $822.2M | — |
| Operating income | −$29.7M | $57.5M | $67.8M | $40.1M | $107.7M | $116.1M | $132.1M | $110.5M | $124.0M | $153.3M | $176.6M | — |
| Net income | −$55.7M | $29.0M | $49.7M | $26.4M | $79.7M | $78.4M | $95.1M | $70.2M | $68.4M | $73.1M | $92.4M | — |
| Earnings per share, diluted | −$1.13 | $0.60 | $1.08 | $0.58 | $1.76 | $1.76 | $2.15 | $1.57 | $1.54 | $1.66 | — | — |
Balance sheet
| Nov 2016fiscal year | Nov 2017fiscal year | Nov 2018fiscal year | Nov 2019fiscal year | Nov 2020fiscal year | Nov 2021fiscal year | Nov 2022fiscal year | Nov 2023fiscal year | Nov 2024fiscal year | Nov 2025fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $207.0M | $133.5M | $105.1M | $154.3M | $98.0M | $155.4M | $256.3M | $127.0M | $118.1M | $94.8M | — | $113.7M |
| Total assets | $754.8M | $718.7M | $640.6M | $881.3M | $1.04B | $1.36B | $1.41B | $1.60B | $2.53B | $2.46B | — | $2.30B |
| Debt | $135.0M | $123.8M | $117.6M | $297.2M | $384.4M | $560.3M | $618.1M | $724.0M | $1.54B | $1.40B | — | $1.23B |
| Total liabilities | $348.2M | $342.6M | $330.5M | $551.0M | $695.8M | $951.0M | $1.01B | $1.14B | $2.09B | $1.98B | — | $1.77B |
| Shareholders' equity | $406.6M | $376.1M | $310.1M | $330.3M | $346.0M | $412.5M | $398.5M | $459.7M | $438.8M | $478.3M | — | $530.0M |
Cash flow
| Nov 2016fiscal year | Nov 2017fiscal year | Nov 2018fiscal year | Nov 2019fiscal year | Nov 2020fiscal year | Nov 2021fiscal year | Nov 2022fiscal year | Nov 2023fiscal year | Nov 2024fiscal year | Nov 2025fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $102.8M | $105.7M | $121.4M | $128.5M | $144.8M | $178.5M | $192.2M | $173.9M | $211.5M | $235.2M | $328.3M | — |
| Capital spending | $5.8M | $3.4M | $7.2M | $4.0M | $6.5M | $4.7M | $6.1M | $5.6M | $5.2M | $5.7M | $9.1M | — |
| Free cash flow | $97.1M | $102.3M | $114.1M | $124.5M | $138.3M | $173.9M | $186.1M | $168.3M | $206.3M | $229.5M | $319.1M | — |
| Buybacks | $79.2M | $73.9M | $120.0M | $25.0M | $60.0M | $35.0M | $77.0M | $34.0M | $86.8M | $105.2M | $112.0M | — |
| Dividends | $0 | $24.1M | $25.8M | $27.8M | $29.9M | $31.6M | $31.1M | $31.6M | $31.5M | — | $500K | — |
| Returned to shareholders | $79.2M | $98.1M | $145.8M | $52.8M | $89.9M | $66.6M | $108.1M | $65.5M | $118.2M | $105.2M | $112.5M | — |
| Stock-based pay | $22.5M | $14.2M | $20.6M | $23.3M | $23.5M | $29.7M | $37.1M | $40.5M | $46.8M | $64.8M | $72.4M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Progress Software financials, answered
What is Progress Software's market cap?
$1.67B at $40.84 a share, with 40,874,192 shares outstanding as of Sep 28, 2026, from the cover of its latest SEC filing.
How much does Progress Software earn?
Revenue of $999.9M and net income of $92.4M in the last 12 months to Aug 2026.
How much debt does Progress Software have?
Progress Software reported $1.23B of debt and $113.7M of cash and equivalents on its balance sheet in Aug 2026.
Does Progress Software make free cash flow?
Yes. Operating cash flow minus capital spending was $319.1M in the last 12 months to Aug 2026.
How much cash does Progress Software return to shareholders?
$105.2M in buybacks and dividends in fiscal 2025, from the cash flow statement.