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Progress Software PRGS Operating margin

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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%
CapEx$1.9M+277%
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
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

Calculated from Progress Software’s reported figures.

Based on trailing twelve months.

The source filing: Progress Software’s 8-K, filed June 30, 2026. Open the filing →

Filed
Jun 30, 2026, 4:02 PM EDT
Accession
0000876167-26-000077

FAQ

What is Progress Software's operating margin?
Progress Software (PRGS) reported operating margin of 17.3% in Q1 2026.
How has Progress Software's operating margin changed year-over-year?
Progress Software's operating margin increased by 13.3% year-over-year, from 15.3% to 17.3%.
What is the long-term trend for Progress Software's operating margin?
Over 5 years (2020 to 2025), Progress Software's operating margin has grown at a -8.4% compound annual growth rate (CAGR), from 24.4% to 15.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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