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Progress Software PRGS Research and Development Expense, Software (Excluding Acquired in Process Cost)

Research and Development Expense, Software (Excluding Acquired in Process Cost) at other companies

Progress Software logo
Progress SoftwarePRGS
$50.47M+8.8%
CoStar Group logo
CoStar GroupCSGP
$114M+20.0%
Tyler Technologies logo
Tyler TechnologiesTYL
$59.73M+24.8%
Lantheus Holdings logo
Lantheus HoldingsLNTH
$11.79M+39.9%
Take-Two Interactive Software logo
Take-Two Interactive SoftwareTTWO
$262.5M+35.9%
Tyler Technologies logo
Tyler TechnologiesTYL
$48.73M+29.3%

Other financials

Income statement

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Revenue$247.8M+4.1%
Gross profit$203.9M+6.3%
Operating income$46.5M+43.3%
Net income$22.8M+108%
EPS (diluted)$0.53+121%

Balance sheet

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Cash & equivalents$113.2M-8.9%
Total debt$1.3B+76.4%
Total equity$498.8M+15.5%
Total assets$2.4B-2.7%

Cash flow

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Operating cash flow$98.6M+43.0%
CapEx$2.7M+110%
Free cash flow$95.9M+41.8%

Valuation

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Market cap$1.26B-53.2%
Enterprise value$2.44B-32.9%
P/E14.8×-31.9×
P/S1.3×-1.8×

Profitability

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Gross margin81.2%-0.9pp
Operating margin16.9%+1.9pp
Net margin8.6%+1.6pp
FCF margin26.1%+0.8pp

Returns & leverage

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Return on equity18.3%+5.6pp
Debt / equity2.6×+0.9×
Current ratio0.5×-0.3×

Where this comes from

Reported directly by Progress Software in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost.

The official record: Progress Software’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progress Software's research and development expense, software (excluding acquired in process cost)?
Progress Software (PRGS) reported research and development expense, software (excluding acquired in process cost) of $50.47M in Q4 2025.
How has Progress Software's research and development expense, software (excluding acquired in process cost) changed year-over-year?
Progress Software's research and development expense, software (excluding acquired in process cost) increased by 8.8% year-over-year, from $46.38M to $50.47M.
What is the long-term trend for Progress Software's research and development expense, software (excluding acquired in process cost)?
Over 4 years (2021 to 2025), Progress Software's research and development expense, software (excluding acquired in process cost) has grown at a 16.8% compound annual growth rate (CAGR), from $103.34M to $192.27M.
What does research and development expense, software (excluding acquired in process cost) mean?
This metric captures the recurring operational costs associated with the design, development, and enhancement of software products, excluding costs related to in-process research and development from recent acquisitions. It serves as a primary indicator of a company's commitment to innovation and its ability to maintain a competitive product roadmap. High levels of investment in this area are typically essential for sustaining long-term growth in the software industry.