What are Progress Software's profit margins?

Progress Software (PRGS) runs a 81.2% gross margin and a 16.9% operating margin, with a 8.6% net margin.

Where do Progress Software's ratios come from?

Every ratio is computed from Progress Software's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Progress Software PRGS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	81.2%+0.4pp	80.8%-0.3pp	81.1%-0.6pp	81.7%-0.5pp	82.2%-0.5pp
Operating margin	16.9%+1.3pp	15.7%+1.2pp	14.5%-0.8pp	15.3%+0.2pp	15.1%-1.4pp
Net margin	8.6%+1.1pp	7.5%+2.3pp	5.2%-1.5pp	6.6%-0.4pp	7%-2.0pp
EBITDA margin	17.6%+1.2pp	16.3%+1.1pp	15.2%-0.8pp	16%+0.2pp	15.9%-1.5pp
Free cash flow margin	26.1%+2.6pp	23.5%+3.7pp	19.8%+0.2pp	19.6%-5.6pp	25.3%-2.1pp
Returns
Return on equity	18.3%+2.3pp	15.9%+5.2pp	10.7%-2.7pp	13.5%+0.8pp	12.7%-2.5pp
Return on assets	3.5%+0.6pp	2.9%+0.5pp	2.4%-0.5pp	2.9%0.0pp	2.8%-0.5pp
Return on invested capital	12.3%+1.4pp	10.9%-0.7pp	11.6%-0.2pp	11.8%+1.8pp	10%0.0pp
Efficiency
Asset turnover	0.4×0.0×	0.4×-0.1×	0.5×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.4×-0.4×	0.8×0.0×
Quick ratio	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.4×-0.4×	0.8×0.0×
Cash ratio	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×-0.2×	0.3×0.0×
Leverage
Debt-to-equity	2.6×-0.2×	2.8×+0.7×	2.1×-0.2×	2.3×+0.6×	1.7×0.0×
Debt-to-assets	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.4×+0.1×	0.3×0.0×
Net debt / EBITDA	6.8×-1.0×	7.9×+1.5×	6.4×-0.4×	6.8×+2.0×	4.8×-0.2×
Interest coverage	2.5×+0.3×	2.2×+0.1×	2.1×-0.4×	2.5×-0.4×	2.8×-1.1×
Per Share
Book value per share	$11.67+7.4%	$10.87-0.5%	$10.93+6.6%	$10.25+6.6%	$9.62-2.6%
Valuation
Market capitalization	$1.26B-53.2%	$1.78B-11.0%	$2B-25.0%	$2.66B+12.3%	$2.37B-19.2%
Enterprise value	$2.44B-32.9%	$3.03B+4.2%	$2.91B-19.4%	$3.61B+21.1%	$2.98B-16.8%
Price / earnings	14.8×-31.9×	24.3×-16.8×	41.1×-5.1×	46.2×+4.4×	41.8×-1.1×
Price / sales	1.3×-1.8×	1.8×-0.3×	2.1×-0.9×	3.1×+0.1×	2.9×-1.0×
Price / book	2.5×-3.4×	3.7×-0.5×	4.2×-1.7×	5.9×+0.4×	5.5×-1.2×
EV / EBITDA	14.1×-12.0×	19×-1.4×	20.4×-5.5×	25.9×+2.6×	23.3×-4.2×
EV / sales	2.5×-1.7×	3.1×0.0×	3.1×-1.1×	4.2×+0.5×	3.7×-1.1×
Free cash flow yield	20.4%+14.1pp	12.9%+3.6pp	9.3%+2.9pp	6.4%-2.2pp	8.6%+1.6pp
Earnings yield	6.7%+4.6pp	4.1%+1.7pp	2.4%+0.3pp	2.2%-0.2pp	2.4%+0.1pp
Dividend yield	0.1%-0.5pp	0%-0.4pp	0.4%-0.2pp	0.6%-0.4pp	1%-0.1pp
PEG ratio	0.3×—	3.5×—	——	——	——

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Questions, answered.

What are Progress Software's profit margins?: Progress Software (PRGS) runs a 81.2% gross margin and a 16.9% operating margin, with a 8.6% net margin.
Where do Progress Software's ratios come from?: Every ratio is computed from Progress Software's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.