Revenue
$253.46M
Fiscal year ended 2026-05-31Operating income
$45.20M
Fiscal year ended 2026-05-31Free cash flow
$76.97M
Fiscal year ended 2026-05-31PROGRESS SOFTWARE CORP /MA (PRGS) reported revenue of $253.46M and net income of $21.07M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PROGRESS SOFTWARE CORP /MA’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.
Income
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $253.46M | $247.80M | $252.67M | $249.80M | $237.36M | $238.02M | $214.96M | $178.69M | $175.08M | $184.68M |
| Cost of revenue | $44.87M | $43.86M | $46.53M | $47.54M | $47.29M | $46.23M | $36.54M | $29.06M | $32.07M | $32.81M |
| Gross profit | $208.59M | $203.94M | $206.14M | $202.26M | $190.07M | $191.78M | $178.42M | $149.62M | $143.01M | $151.88M |
| Operating income | $45.20M | $46.46M | $38.37M | $43.87M | $38.62M | $32.43M | $21.50M | $40.35M | $27.15M | $35.01M |
| Net income | $21.07M | $22.81M | $25.74M | $19.41M | $17.03M | $10.95M | $1.15M | $28.46M | $16.19M | $22.64M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 42.31M | shares 42.73M | Unavailable | shares 43.72M | shares 44.16M | shares 44.89M | Unavailable | shares 43.71M | shares 43.96M | shares 44.83M |
| Pretax income | $28.84M | $30.29M | $22.26M | $26.21M | $19.86M | $13.30M | $12.25M | $34.28M | $20.13M | $27.61M |
| Income tax expense | $7.77M | $7.48M | -$3.49M | $6.79M | $2.84M | $2.36M | $11.10M | $5.82M | $3.94M | $4.97M |
| Diluted EPS | $0.50 | $0.53 | Unavailable | $0.44 | $0.39 | $0.24 | Unavailable | $0.65 | $0.37 | $0.51 |
| Selling, general & administrative | $86.58M | $78.50M | $86.84M | $80.16M | $75.31M | $76.92M | $76.12M | $57.64M | $59.87M | $60.46M |
| General & administrative | $32.24M | $26.50M | $28.65M | $28.31M | $25.64M | $25.62M | $25.69M | $20.50M | $21.98M | $21.34M |
| Selling & marketing | $54.34M | $52.00M | $58.19M | $51.85M | $49.68M | $51.30M | $50.43M | $37.14M | $37.89M | $39.11M |
Balance
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $102.98M | $113.17M | $94.81M | $99.01M | $102.01M | $124.16M | $118.08M | $232.71M | $190.42M | $133.22M |
| Total assets | $2.35B | $2.39B | $2.46B | $2.42B | $2.41B | $2.46B | $2.53B | $1.62B | $1.59B | $1.55B |
| Current assets | $336.50M | $370.14M | $399.96M | $335.54M | $325.65M | $340.68M | $368.81M | $388.56M | $342.98M | $297.26M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $416.04M | $788.12M | $809.73M | $769.81M | $750.27M | $428.54M | $455.14M | $314.91M | $307.22M | $312.21M |
| Total equity incl. NCI | $506.08M | $498.80M | $478.35M | $477.68M | $452.70M | $431.85M | $438.79M | $425.61M | $401.67M | $461.74M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $125.21M | $147.61M | $195.78M | $151.43M | $140.12M | $126.37M | $163.58M | $87.68M | $82.35M | $88.81M |
| Goodwill | $1.31B | $1.31B | $1.31B | $1.31B | $1.29B | $1.29B | $1.29B | $832.75M | $832.78M | $832.81M |
| Long-term debt | $1.29B | $981.66M | $1.04B | $1.06B | $1.10B | $1.51B | $1.53B | Unavailable | Unavailable | Unavailable |
| Accounts payable | $11.19M | $13.87M | $15.93M | $12.85M | $9.04M | $14.77M | $13.91M | $10.78M | $8.58M | $9.92M |
Cash flow
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $78.84M | $98.63M | $62.80M | $73.45M | $30.00M | $68.95M | $19.65M | $57.66M | $63.68M | $70.50M |
| Capital expenditures | $1.86M | $2.70M | $2.86M | $1.06M | $495.00K | $1.29M | $2.88M | $1.06M | $955.00K | $309.00K |
| Investing cash flow | -$1.86M | -$2.70M | -$3.43M | -$20.51M | -$495.00K | -$2.48M | -$855.58M | -$1.06M | -$955.00K | -$309.00K |
| Financing cash flow | -$85.14M | -$78.88M | -$62.58M | -$57.68M | -$59.23M | -$58.87M | $726.10M | -$17.48M | -$5.38M | -$62.42M |
| Net change in cash | -$10.19M | $18.36M | -$4.20M | -$3.00M | -$22.16M | $6.08M | -$114.64M | $42.29M | $57.20M | $6.26M |
| Stock-based compensation | $20.51M | $18.47M | $17.37M | $15.97M | $16.74M | $14.68M | $11.74M | $10.56M | $11.99M | $12.46M |
| Common dividends paid | $159.00K | $204.00K | $132.00K | $0 | $295.00K | $359.00K | $7.65M | $7.69M | $7.95M | $8.17M |
| Common share repurchases | $34.69M | $20.40M | $40.05M | $15.00M | $20.00M | $30.11M | $0 | $14.33M | $49.95M | $22.50M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $76.97M | $95.92M | $59.94M | $72.39M | $29.50M | $67.66M | $16.77M | $56.59M | $62.73M | $70.20M |
| Gross margin | 82.3% | 82.3% | 81.6% | 81.0% | 80.1% | 80.6% | 83.0% | 83.7% | 81.7% | 82.2% |
| Operating margin | 17.8% | 18.8% | 15.2% | 17.6% | 16.3% | 13.6% | 10.0% | 22.6% | 15.5% | 19.0% |
| FCF margin | 30.4% | 38.7% | 23.7% | 29.0% | 12.4% | 28.4% | 7.8% | 31.7% | 35.8% | 38.0% |
| SBC / revenue | 8.1% | 7.5% | 6.9% | 6.4% | 7.1% | 6.2% | 5.5% | 5.9% | 6.8% | 6.7% |
| Current ratio | 0.81x | 0.47x | 0.49x | 0.44x | 0.43x | 0.79x | 0.81x | 1.23x | 1.12x | 0.95x |
| Revenue YoY growth | 6.8% | 4.1% | 17.5% | 39.8% | 35.6% | 28.9% | 21.5% | 2.1% | -1.8% | 12.5% |
| Net margin | 8.3% | 9.2% | 10.2% | 7.8% | 7.2% | 4.6% | 0.5% | 15.9% | 9.2% | 12.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.7% | 1.1% | 1.1% | 0.4% | 0.2% | 0.5% | 1.3% | 0.6% | 0.5% | 0.2% |
| Long-term debt / equity | 2.55x | Unavailable | 2.18x | 2.22x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 26.9% | 24.7% | -15.7% | 25.9% | 14.3% | 17.7% | 90.6% | 17.0% | 19.6% | 18.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PRGS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-06-30View SEC filing
10-Q · Filed 2026-03-31View SEC filing
10-K · Filed 2026-01-20View SEC filing
10-Q · Filed 2025-09-29View SEC filing
10-Q · Filed 2025-06-30View SEC filing
10-Q · Filed 2025-03-31View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.