
NASDAQTechnologySoftware - Infrastructure
Latest quote
$43.13
+$3.21 · +8.04%
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
Latest quote
$43.13
+$3.21 · +8.04%
After-hours
$43.95
+$0.82 · +1.90%
Sep 14, 7:52 PM ET
Regular session · ET · Market data may be delayed.
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
Day range
Current $43.13
52-week range
Current $43.13
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
95
Deep Value
Sentiment
53
Mixed
Risk
52
Elevated Risk
Momentum
47
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and performing in-depth customer analytics. Corticon, a business rules management system designed to infuse applications with decision automation, efficient change processes, and valuable insights. DataDirect Connect, ensuring seamless data connectivity between applications running on various platforms through industry-standard interfaces. MOVEit, a solution facilitating secure collaboration and the automated transfer of vital business information. Chef, an infrastructure automation platform that aids in the building, deployment, management, and security of applications across multi-cloud, hybrid, and on-premises environments. WhatsUp Gold, a dedicated tool for network monitoring. Kemp LoadMaster, offering crucial load balancing solutions. Kemp Flowmon, providing network performance monitoring and diagnostic capabilities by gathering and analyzing network telemetry data from multiple sources. Beyond its software offerings, Progress also delivers a range of services such as project management, implementation support, custom development, programming, web application enablement, and specialized training. The company markets its products to a broad customer base, including direct end-users, independent software vendors (ISVs), original equipment manufacturers (OEMs), and system integrators. Progress Software operates globally, with a presence across the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Founded in 1981, its corporate headquarters are located in Burlington, Massachusetts.
Day range
Current $43.13
52-week range
Current $43.13
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 977.83M USD | 753.41M USD | 694.44M USD | 602.01M USD | 531.31M USD |
| Cost of goods sold | 187.58M USD | 130.48M USD | 126.58M USD | 94.5M USD | 78.45M USD |
| Gross profit | 790.25M USD | 622.93M USD | 567.86M USD | 507.52M USD | 452.86M USD |
| Research and development | 192.27M USD | 146.34M USD | 132.4M USD | 114.57M USD | 103.34M USD |
| Selling, general, and administrative | 319.23M USD | 254.09M USD | 239.23M USD | 218.64M USD | 191.02M USD |
| Operating expenses | 636.96M USD | 498.92M USD | 457.34M USD | 375.39M USD | 336.76M USD |
| Interest income | 1.76M USD | 4.73M USD | 2.54M USD | 1.41M USD | 777K USD |
| Interest expense | 70.85M USD | 32.01M USD | 30.78M USD | 15.79M USD | 20.05M USD |
| Depreciation and amortization | 6.23M USD | 103.04M USD | 103.15M USD | 74.73M USD | 52.98M USD |
| Operating income | 153.29M USD | 124M USD | 110.52M USD | 132.13M USD | 116.1M USD |
| Net income | 73.13M USD | 68.44M USD | 70.2M USD | 95.07M USD | 78.42M USD |
Company facts updated Sep 15, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$52.50
21.73% upsideCash distributions grouped by calendar year; partial years are marked.
$0.70
2023 complete year+11.1% since 2019
$0.63
2,019
$0.67
2,020
$0.70
2,021
$0.70
2,022
$0.70
2,023
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 30, 2024 | $0.175Quarterly | Sep 2, 2024 | Sep 16, 2024 |
Dividend | Jun 3, 2024 | $0.175Quarterly | Jun 3, 2024 | Jun 17, 2024 |
Dividend | Feb 29, 2024 | $0.175Quarterly | Mar 1, 2024 | Mar 15, 2024 |
Dividend | Nov 30, 2023 | $0.175Quarterly | Dec 1, 2023 | Dec 15, 2023 |
Dividend | Aug 31, 2023 | $0.175Quarterly | Sep 1, 2023 | Sep 15, 2023 |
Dividend | May 31, 2023 | $0.175Quarterly | Jun 1, 2023 | Jun 15, 2023 |
Ex-dividend Aug 30, 2024
$0.175
Quarterly
Record Sep 2, 2024 · Payment Sep 16, 2024
Ex-dividend Jun 3, 2024
$0.175
Quarterly
Record Jun 3, 2024 · Payment Jun 17, 2024
Ex-dividend Feb 29, 2024
$0.175
Quarterly
Record Mar 1, 2024 · Payment Mar 15, 2024
Ex-dividend Nov 30, 2023
$0.175
Quarterly
Record Dec 1, 2023 · Payment Dec 15, 2023
Ex-dividend Aug 31, 2023
$0.175
Quarterly
Record Sep 1, 2023 · Payment Sep 15, 2023
Ex-dividend May 31, 2023
$0.175
Quarterly
Record Jun 1, 2023 · Payment Jun 15, 2023
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI54.21M0.00%2.3T USD0.03%$374.68-0.43%
iShares Russell 2000 ETFIWM44.21M0.06%78.38B USD0.19%$287.91-0.34%
Vanguard Information Technology ETFVGT44.04M0.03%160.2B USD0.09%$119.17-1.57%
Vanguard Morningstar Small-Cap ETFVB39.33M0.02%183.4B USD0.03%$292.37-0.37%
Vanguard Morningstar Small-Cap Value ETFVBR24.93M0.04%68.3B USD0.05%$241.66-0.18%
Fidelity Enhanced Small Cap ETFFESM19.79M0.31%6.49B USD0.28%$46.15-0.45%
Vanguard Extended Market ETFVXF19.72M0.02%93.7B USD0.05%$236.92-0.35%
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSM15.41M0.10%16.32B USD0.03%$54.94-0.67%
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
Vanguard Information Technology ETFVGT
Vanguard Morningstar Small-Cap ETFVB
Vanguard Morningstar Small-Cap Value ETFVBR
Fidelity Enhanced Small Cap ETFFESM
Vanguard Extended Market ETFVXF
State Street SPDR Portfolio S&P 600 Small Cap ETFSPSMAI-generated and delayed market data for informational and educational purposes only. Not investment advice.