To the full analysis
Progress Software stock: growth
PRGSProgress Software reported $977.83M in revenue for fiscal 2025, up 29.8% on the prior year, up 17.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.2%
per year from 2006 to 2025, per share 6.2%
Earnings (Annual rate)
4.9%
per year from 2006 to 2025, per share 6.9%
Free cash flow (Annual rate)
8.8%
per year from 2006 to 2025, per share 10.9%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 17.2% | 10.0% | 4.2% |
| Revenue per share | 18.2% | 11.7% | 6.2% |
| Earnings | −1.7% | no data | 4.9% |
| Earnings per share | −0.9% | no data | 6.9% |
| Free cash flow | 10.7% | 9.1% | 8.8% |
| Free cash flow per share | 11.6% | 10.9% | 10.9% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $447.06M | $29.4M | $46.18M |
| 2007 | $493.5M | $42.28M | $83.73M |
| 2008 | $515.56M | $46.3M | $78.97M |
| 2009 | $494.14M | $32.76M | $55.39M |
| 2010 | $529.12M | $48.57M | $86.54M |
| 2011 | $533.6M | $58.76M | $109.25M |
| 2012 | $335.21M | $47.44M | $96.38M |
| 2013 | $334M | $74.91M | −$482K |
| 2014 | $332.53M | $49.46M | $95.89M |
| 2015 | $377.55M | −$8.8M | $95.7M |
| 2016 | $405.34M | −$55.73M | $97.06M |
| 2017 | $397.57M | $37.42M | $102.31M |
| 2018 | $397.17M | $63.49M | $114.1M |
| 2019 | $413.3M | $26.4M | $124.49M |
| 2020 | $442.15M | $79.72M | $138.33M |
| 2021 | $531.31M | $78.42M | $173.88M |
| 2022 | $602.01M | $95.07M | $186.07M |
| 2023 | $694.44M | $70.2M | $168.35M |
| 2024 | $753.41M | $68.44M | $206.29M |
| 2025 | $977.83M | $73.13M | $229.49M |
Revenue by segment
How Progress Software Corporation makes its money and how that has shifted. Names are as the company reports them.
- Maintenance and Services76%
- Software Licenses24%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Maintenance and Services | $374.72M | $413.68M | $473.65M | $504.08M | $739.94M | 75.7% |
| Software Licenses | $156.59M | $188.34M | $220.79M | $249.33M | $237.89M | 24.3% |
| Total revenue | $531.31M | $602.01M | $694.44M | $753.41M | $977.83M | 100% |
Revenue by region
Where Progress Software Corporation generates its revenue.
- United States61%
- EMEA29%
- Asia Pacific5%
- Canada3%
- Latin America2%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| United States | $204.15M | $213.25M | $240.72M | $294.95M | $310.92M | $380.67M | $421.89M | $595.34M | 60.9% |
| EMEA | $137.97M | $137.3M | $143.75M | $169.34M | $207.71M | $222.86M | $245.29M | $280.91M | 28.7% |
| Asia Pacific | $21.63M | $22.42M | $22.82M | $27.13M | $35.1M | $38.8M | $40.82M | $51.49M | 5.3% |
| Canada | $15.77M | $20.66M | $20.28M | $22.87M | $30.24M | $31M | $25.11M | $28.43M | 2.9% |
| Latin America | $17.64M | $19.67M | $14.57M | $17.04M | $18.05M | $21.11M | $20.31M | $21.67M | 2.2% |
| Total revenue | $397.17M | $413.3M | $442.15M | $531.31M | $602.01M | $694.44M | $753.41M | $977.83M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 30 Nov 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 7 Nov 2026, previously Strong
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.