Check 35,000+ stocks against 26 valuation models and 37 quality factors

Progress Software Corporation (PRGS) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Progress Software Corporation $48.66, price $41.03, upside +18.6%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

Fair value above price? Yes
Good quality? Yes
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Technology · US · ISIN US7433121008

Broad data Sep 23, 2026

Progress Software Corporation

PRGS · US

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value $48.66 · Undervalued (+19%)

!Quality 59/100

✓Healthy Growth (revenue 5y +17.2 %/yr)

!Thin margins · 8.6% net margin (TTM)

!High debt · generates free cash flow

✓Ranks above peers (11/15)

!Moderate moat 61/100

!Insider activity 46/100

!Weak on future: 21 out of 100

!Weak on dividend: 1 out of 100

26 models, one by oneBear $31.92 to bull $60.83 Growth analysisrevenue history, year by year Quality 59/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

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What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range $25.09 – $69.89 · fair‑value band $31.92 – $60.83 · the $41.03 price screens below the $48.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.

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Company profile

Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Stock analysis

Progress Software Corporation (PRGS) currently trades at $41.03, while our model-based Fair Value estimate is $48.66, implying the stock looks roughly 15.7% undervalued today.

Valuation

Bull case: the DCF Models group reads highest at a median of $50.64 per share, and 14 of the 24 models we run sit above the $41.03 price.

Bear case: the Economic Profit group reads lowest at $7.32, and 10 of the 24 models stay below the price. Evidence for this calculation is high.

Scenario range: $31.92 (bear) to $60.83 (bull), the price of $41.03 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 59/100 (solid quality), in the Technology sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Progress Software Corporation reported revenue of $978M in FY2025 versus $531M in FY2021, a compound +16.5%/yr. Reported net income was $73.1M in FY2025, compounding −1.7%/yr from FY2021.

Key figures

Market cap $1.8B · P/E ratio 21.0 · P/S ratio 1.57 · EPS (TTM) $1.95 · Dividend yield 0.1% · Net margin 7.5% · Return on equity 18.3% · Return on assets (EBIT) 7.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (medium confidence).

What moves the price

The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.

The share trades about 12% below its 52-week high and 64% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at 19%, PRGS screens cheaper than that median.

Fair Value models

Bear $31.92 Fair Value $48.66 Bull $60.83

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.59 per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.

Highest evidence

FCF DCF $44.19 $76.10 $119.59 79

Growth DCF $44.39 $71.72 $106.46 78

Owner Earnings $41.84 $72.62 $114.58 75

All 24 models by family

DCF Models

FCF DCF $44.19 $76.10 $119.59 79

Owner Earnings $41.84 $72.62 $114.58 75

5Y Revenue Exit $22.96 $43.44 $68.82 71

5Y EBITDA Exit $56.42 $106.95 $166.33 73

5Y P/E Exit $23.48 $44.44 $66.13 69

10Y Revenue Exit $30.06 $50.00 $75.77 66

10Y EBITDA Exit $50.55 $90.61 $144.68 67

10Y P/E Exit $31.23 $50.64 $73.87 63

Earnings-Based

Graham-Dodd $11.82 $39.63 $53.08 64

Lynch FV $9.02 $12.88 $16.74 61

PEG = 1.0 $9.02 $12.88 $16.74 57

EPV $3.74 $7.32 $10.30 71

Multiples

P/E Multiple $36.50 $48.66 $60.83 63

P/S Multiple $22.16 $29.55 $36.93 58

P/B Multiple $22.16 $29.55 $36.93 55

EV/EBIT $43.08 $64.94 $86.80 65

EV/EBITDA $75.37 $107.99 $140.60 67

EV/Revenue $10.66 $24.87 $39.08 50

Asset-Based

NCAV (Graham) $5.68 $7.62 $11.37 54

Growth DCF

Growth DCF $44.39 $71.72 $106.46 78

Rev-Margin DCF $22.96 $44.20 $69.41 71

Economic Profit

Residual Income $10.76 $13.27 $28.49 71

ROIC Compounder $3.74 $7.32 $10.30 70

Growth Earnings

Growth-Adj P/E $30.08 $42.98 $55.87 67

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Quality Score breakdown

Overall quality 59/100

Of which business quality 56 · Market factors (momentum, volatility) 60

Profitability 42

Margins and returns on capital today

Quality Growth 57

Are margins and returns improving?

Cashflow 95

Earnings quality: real cash, not paper profit

Fin. Strength 12

Balance sheet, leverage, solvency risk

Investment 56

Disciplined investing over empire-building

Low Volatility 45

Calm price path (market factor)

Momentum 74

Price trend over the last 3–12 months (market factor)

52W Momentum 52

Distance to the 52-week high (market factor)

Net Issuance 87

Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 95/100

Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Revenue growth 1 year

+29.8%

Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+17.5%

Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+17.2%

Start year 2020 (pandemic). Over 10 years: +10.0% a year

Revenue growth 36 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+10.7%

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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.

−1.0%

Earnings growth per share plus dividend.

Earnings per share, growth per year−1.1%

Dividend (yield on the price)0.1%

Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1% vs 6%, slowing

Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.24% → 16%

Start year 2020 (pandemic)

Growth Forecast

A lot of optimism in the price

The price assumes less growth than the company has delivered so far and more than analysts expect.

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).

+4.8%

Yearly growth needed for the next five years to justify today's price.

What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.

+1.4%

Yearly sales growth analysts expect, extended to five years.

After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +2.4% a year for the price and −1.0% for the forecasts.

Forecast 2026 (sales)+1.7%

Forecast 2027 (sales)+1.1%

Projected 2028 (sales)+1.2%

Projected 2029 (sales)+1.3%

Projected 2030 (sales)+1.4%

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Infrastructure · 377 stocks

Beats the industry median on 11/14 measures

Overall it ranks above its industry peers.

Valuation

Quality Score 59 · Above median

Fair Value upside +19% · Above median

Profitability

Return on equity (TTM) 18% · Top 25%

Return on assets 5% · Above median

Net margin (TTM) 9% · Above median

Operating margin (TTM) 20% · Top 25%

Growth and dividend

Revenue growth 4% · Below median

Dividend yield (TTM) 0.1% · Bottom 25%

Balance sheet

Debt / equity 2.18× · Highest 25%

Valuation Multiplesvs Software - Infrastructure median · lower = cheaper

P/E (TTM) 21.0× · Cheaper than median

P/B 3.78× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.

P/S (TTM) 1.83× · Cheaper than median

P/FCF 7.9× · Cheaper than median

EV/EBITDA 8.3× · Cheapest 25%

PEG 0.99× · Cheaper than median

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)58 · sector 18

FUTURE (revenue growth)21 · sector 49

PAST (return on equity)73 · sector 19

HEALTH (low debt)0 · sector 97

DIVIDEND (yield)1 · sector 33

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Progress Software Corporation · Fair Value
$48.66 +16%Fair Value
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<a href="https://www.fairvalue-calculator.com/stock/PRGS" target="_blank" rel="nofollow noopener" style="display:inline-flex;align-items:center;gap:12px;box-sizing:border-box;font-family:system-ui,-apple-system,Segoe UI,Roboto,sans-serif;text-decoration:none;background:#0f1814;color:#eaf2ed;border:1px solid #2a3a30;border-radius:12px;padding:12px 16px;max-width:360px"><span style="line-height:1.35"><span style="font-size:12px;color:#9fb0a8">Progress Software Corporation · Fair Value</span><br><b style="font-size:20px">$48.66</b> <span style="color:var(--fvc-g-mitte);font-weight:700;font-size:14px">+16%</span></span><span style="font-size:11px;color:var(--fvc-g-mitte);font-weight:700;margin-left:auto;text-align:right;line-height:1.3">Fair&nbsp;Value<br>Calculator&nbsp;→</span></a>

Cite: Fair Value Calculator (2026). "Progress Software Corporation Fair Value". https://www.fairvalue-calculator.com/stock/PRGS

Frequently asked questions

Is Progress Software Corporation (PRGS) overvalued or undervalued?

As of Sep 23, 2026, our model estimates a fair value of $48.66 versus a price of $41.03, about +19% upside (undervalued).

What is the fair value of PRGS?

Our model-based fair value for Progress Software Corporation is $48.66 (as of Sep 23, 2026), built from audited fundamentals. The current price: $41.03.

What is the quality score of PRGS?

Progress Software Corporation has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.

What is the price target for Progress Software Corporation (PRGS)?

Our model-based price target is the fair value of $48.66 (as of Sep 23, 2026) from 24 valuation models. Cautious scenario $31.92, optimistic scenario $60.83. It is a calculation from audited fundamentals, not an analyst target.

What is the Progress Software Corporation stock forecast for 2026?

Our models put fair value at $48.66, about +19% upside versus a price of $41.03 (undervalued). Cautious scenario $31.92, optimistic scenario $60.83. The calculation is refreshed regularly with new filings.

What is the revenue of Progress Software Corporation (PRGS)?

Progress Software Corporation reported trailing-twelve-month revenue of about $988M (latest available figure, as of Sep 23, 2026).

Does Progress Software Corporation pay a dividend?

Progress Software Corporation currently shows a dividend yield of about 0.06% relative to its recent price (as of Sep 23, 2026).

What growth is priced into Progress Software Corporation (PRGS)?

For today's price to be fair in a discounted-cash-flow model, Progress Software Corporation would have to grow free cash flow by +4.8 % per year for five years (discount rate 10.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +17.2 % per year. As of Sep 23, 2026.

What discount rate (WACC) does the fair value of PRGS use?

Our models discount Progress Software Corporation at 10.8 %: a base by market capitalisation (small), damped by beta 0.83, country premium for USA. The same rate applies in all 26 models.

What is a reverse DCF?

A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Progress Software Corporation that is +4.8 % per year a year over ten years, using the same discount rate (10.8 %) and the same formula as our fair value.

How much growth has Progress Software Corporation (PRGS) delivered so far?

Over the past 5 years revenue at Progress Software Corporation grew +17.2 % a year. The price currently implies +4.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.

How fast is the sector of Progress Software Corporation (PRGS) growing?

The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Progress Software Corporation (+4.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.

What is the free cash flow yield of Progress Software Corporation (PRGS)?

The free-cash-flow yield on the price is 12.71 %: that much free cash flow Progress Software Corporation produces per unit of market value. When it exceeds the discount rate of our models (10.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.

What is the intrinsic value of Progress Software Corporation (PRGS)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Progress Software Corporation it is $48.66 per share (as of Sep 23, 2026), against a price of $41.03. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).

Is Progress Software Corporation stock overvalued or undervalued in 2026?

As of Sep 23, 2026, PRGS trades below its calculated fair value: price $41.03, fair value $48.66, a gap of about +19% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.

Is fair value the same as the market price of PRGS?

No. The price is what the market pays today ($41.03); the fair value is what the company's own numbers justify ($48.66). For Progress Software Corporation the two are $7.63 per share apart. That gap is exactly why we show both numbers side by side.

How much is Progress Software Corporation worth?

The market values Progress Software Corporation at about $1.8B (market capitalisation, as of Sep 23, 2026). Per share that is $41.03; our models calculate a fair value of $48.66 per share.

What do the bullish and bearish scenarios say about PRGS?

Our models span a range for Progress Software Corporation: cautious scenario $31.92, base $48.66, optimistic $60.83 per share (as of Sep 23, 2026, price $41.03). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of PRGS?

Progress Software Corporation trades at a price-to-earnings ratio of 21.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $48.66 is built from several models across several years. Other multiples: PEG 1.0, P/B 3.8, P/S 1.8, EV/EBITDA 8.3.

What is the PEG ratio of PRGS?

The PEG ratio of Progress Software Corporation is 0.99 (P/E divided by earnings growth, as of Sep 23, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.

How solid is the balance sheet of Progress Software Corporation (PRGS)?

Balance-sheet figures for Progress Software Corporation (as of Sep 23, 2026): return on equity 18.3%, debt of 2.18 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.

How far is PRGS from its 52-week high?

Progress Software Corporation trades at $41.03, about 12% below its 52-week high of $46.87 and 64% above the low of $25.09 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $48.66 is for.

Which stocks are comparable to Progress Software Corporation?

From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.

Is Progress Software Corporation stock attractive at the current price?

The data as of Sep 23, 2026: price $41.03, calculated fair value $48.66 (+19%), Quality Score 59/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.

How is the fair value of PRGS calculated?

We run Progress Software Corporation through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $48.66, with the spread shown as a cautious and an optimistic scenario.

Is it still worth investing in stocks now?

The global stock market currently sits 14.1 % above its aggregate fair value. Progress Software Corporation currently trades 19 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.

What is the share price of Progress Software Corporation (PRGS)?

The closing price on Sep 23, 2026 was $41.03. Our model-based fair value is $48.66, about +19% upside (undervalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with Progress Software Corporation right now?

A fairly wide model range ($31.92 to $60.83) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.

Key figures of Progress Software Corporation

How large is the market capitalisation of Progress Software Corporation (PRGS)?

The market capitalisation of Progress Software Corporation is $1.8B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.

What is the P/S ratio of Progress Software Corporation (PRGS)?

The price-to-sales ratio of Progress Software Corporation is 1.57 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of Progress Software Corporation (PRGS)?

Earnings per share at Progress Software Corporation are $1.95 (price ÷ EPS = P/E 21.0). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of Progress Software Corporation (PRGS)?

The dividend yield of Progress Software Corporation is 0.1% (payout 1.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.

What is the net margin of Progress Software Corporation (PRGS)?

The net margin of Progress Software Corporation is 7.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.

What is the return on equity of Progress Software Corporation (PRGS)?

The return on equity (ROE) of Progress Software Corporation is 18.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.

What is the EBIT return on assets of Progress Software Corporation (PRGS)?

On an EBIT basis the return on assets of Progress Software Corporation is 7.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.

What is the operating margin of Progress Software Corporation (PRGS)?

The operating margin of Progress Software Corporation is 19.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at Progress Software Corporation (PRGS)?

Revenue at Progress Software Corporation is growing +4.1% versus a year earlier (3y avg +17.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.

How fast are earnings growing at Progress Software Corporation (PRGS)?

Earnings per share at Progress Software Corporation are growing +121% versus a year earlier. How much earnings per share grew versus a year earlier.

How much net debt does Progress Software Corporation (PRGS) carry?

The net debt of Progress Software Corporation is $756M (fiscal year 2025, ≈ 3.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.

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