PRGS
Progress Software Corporation
NASDAQ · Technology · Software - Application · US
$44.05
−1.26%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.0B | 977.8M | 753.4M | 694.4M | 602.0M |
| Cost of Revenue | 208.4M | 187.6M | 130.5M | 126.6M | 94.5M |
| Gross Profit | 795.3M | 790.3M | 622.9M | 567.9M | 507.5M |
| Operating Expenses | |||||
| R&D Expense | 198.6M | 192.3M | 146.3M | 132.4M | 114.6M |
| SG&A Expense | 332.1M | 319.2M | 254.1M | 239.2M | 218.6M |
| General & Admin Expense | 74.2M | 108.2M | 89.5M | 83.2M | 77.9M |
| Selling & Marketing Expense | 257.9M | 211.0M | 164.6M | 156.1M | 140.8M |
| Other Expenses | 86.0M | 125.5M | 98.5M | 85.7M | 42.2M |
| Total Operating Expenses | 616.7M | 637.0M | 498.9M | 457.3M | 375.4M |
| Cost and Expenses | 825.1M | 824.5M | 629.4M | 583.9M | 469.9M |
| Operating Income (EBIT) | 178.6M | 153.3M | 124.0M | 110.5M | 132.1M |
| Non-Operating | |||||
| Interest Income | 1.5M | 1.8M | 4.7M | 2.5M | 1.4M |
| Interest Expense | 65.4M | 70.8M | 32.0M | 30.8M | 15.8M |
| Net Interest Income | (63.9M) | (69.1M) | (27.3M) | (28.2M) | (14.4M) |
| Other Non-Op Income/Expense | (71.0M) | (71.7M) | (29.7M) | (30.9M) | (14.9M) |
| Non-Operating Income (excl Interest) | 18.3M | 812.0K | (2.3M) | 86.0K | (914.0K) |
| EBT (Pre-Tax Income) | 107.6M | 81.6M | 94.3M | 79.7M | 117.3M |
| Income Tax Expense | 18.6M | 8.5M | 25.8M | 9.5M | 22.2M |
| Bottom Line | |||||
| Net Income | 89.0M | 73.1M | 68.4M | 70.2M | 95.1M |
| Earnings from Cont. Ops | 89.0M | 73.1M | 68.4M | 70.2M | 95.1M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 89.0M | 73.1M | 68.4M | 70.2M | 95.1M |
| Per Share | |||||
| Basic EPS | $2.09 | $1.70 | $1.58 | $1.62 | $2.19 |
| Diluted EPS | $2.06 | $1.66 | $1.54 | $1.57 | $2.15 |
| Revenue Per Share | $23.88 | $22.74 | $17.41 | $15.98 | $13.85 |
| Shares | |||||
| Basic Shares Outstanding | 42.0M | 43.0M | 43.3M | 43.5M | 43.5M |
| Diluted Shares Outstanding | 42.5M | 44.0M | 44.4M | 44.7M | 44.2M |
| Profitability Metrics | |||||
| EBITDA | 287.1M | 158.7M | 229.3M | 213.6M | 207.8M |
| D&A | 126.8M | 6.2M | 103.0M | 103.1M | 74.7M |
| EBIT | 160.3M | 152.5M | 126.3M | 110.4M | 133.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of May 1, 2026