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Discontinued — last reported Q3 '26

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Other financials

Income statement

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Revenue$246.0M-1.5%
Gross profit$203.5M+0.6%
Operating income$46.6M+6.1%
EPS (diluted)$0.55+25.0%

Balance sheet

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Cash & equivalents$113.7M+14.8%
Total debt$822.4M-18.6%
Total equity$530.0M+10.9%
Total assets$2.3B-4.9%

Cash flow

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Operating cash flow$88.0M+19.8%
CapEx$1.7M+60.7%
Free cash flow$86.3M+19.2%

Valuation

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Market cap$1.64B-24.8%
Enterprise value$2.35B-24.0%
P/E17.7×-27.2×
P/S1.6×-0.7×

Profitability

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Gross margin82.2%+1.1pp
Operating margin17.7%+3.1pp
Net margin9.2%+4.1pp
FCF margin31.9%+12.1pp

Returns & leverage

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Return on equity18.3%+7.6pp
Debt / equity1.6×-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:NetIncomeLoss.

The source filing: Progress Software’s 10-Q, filed September 30, 2026. Open the filing →

Filed
Sep 30, 2026, 4:11 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000876167-26-000111

FAQ

What is Progress Software's net income?
Progress Software (PRGS) reported net income of $22.78M in Q2 2026.
How has Progress Software's net income changed year-over-year?
Progress Software's net income increased by 17.3% year-over-year, from $19.41M to $22.78M.
What is the long-term trend for Progress Software's net income?
Over 4 years (2021 to 2025), Progress Software's net income has grown at a -1.7% compound annual growth rate (CAGR), from $78.42M to $73.13M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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