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Other financials

Income statement

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Revenue$253.5M+6.8%
Gross profit$208.6M+9.7%
Operating income$45.2M+17.1%
Net income$21.1M+23.7%
EPS (diluted)$0.50+28.2%

Balance sheet

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Cash & equivalents$103.0M+1.0%
Total debt$884.6M-15.7%
Total equity$506.1M+11.8%
Total assets$2.3B-2.8%

Cash flow

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Operating cash flow$78.8M+163%
Free cash flow$77.0M+161%

Valuation

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Market cap$1.71B-10.4%
Enterprise value$2.5B-13.9%
P/E19.3×-19.5×
P/S1.7×-0.5×

Profitability

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Gross margin81.8%+0.1pp
Operating margin17.3%+2.0pp
Net margin8.6%+1.6pp
FCF margin24.3%+4.6pp

Returns & leverage

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Return on equity18.3%+5.6pp
Debt / equity1.7×-0.6×
Current ratio0.8×+0.4×

Where this comes from

Reported directly by Progress Software in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Progress Software’s 10-Q, filed June 30, 2026.

Filed
Jun 30, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000876167-26-000078
(in thousands)Six Months Ended / May 31, 2026Six Months Ended / May 31, 2025
Deferred revenue(3,117)(21,385)
Net cash flows provided by operating activities177,46398,943
Investing activities:
Purchases of property and equipment(4,569)(1,785)
Payments for acquisitions(1,195)
Net cash flows used in investing activities(4,569)(2,980)
Financing activities:
Proceeds from equity plans8,06512,760

Item 1. Financial Statements (Unaudited)

FAQ

What is Progress Software's capex?
Progress Software (PRGS) reported capex of $1.86M in Q1 2026.
How has Progress Software's capex changed year-over-year?
Progress Software's capex increased by 276.6% year-over-year, from $495K to $1.86M.
What is the long-term trend for Progress Software's capex?
Over 4 years (2021 to 2025), Progress Software's capex has grown at a 5.2% compound annual growth rate (CAGR), from $4.65M to $5.7M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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