Progress Software Corp (DE) financials
$39.44+0.08%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 May 31 | Q1 '26 Feb 28 | Q4 '25 Nov 30 | Q3 '25 Aug 31 | Q2 '25 May 31 | Q1 '25 Feb 28 | Q4 '24 Nov 30 | Q3 '24 Aug 31 | Q2 '24 May 31 | Q1 '24 Feb 29 | Q4 '23 Nov 30 | Q3 '23 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $253.5M | $247.8M | $252.7M | $249.8M | $237.4M | $238.0M | $215.0M | $178.7M | $175.1M | $184.7M | $177.0M | $175.0M |
| Gross profit | $208.6M | $203.9M | $206.1M | $202.3M | $190.1M | $191.8M | $178.4M | $149.6M | $143.0M | $151.9M | $143.3M | $142.1M |
| Gross margin | 82.3% | 82.3% | 81.6% | 81.0% | 80.1% | 80.6% | 83.0% | 83.7% | 81.7% | 82.2% | 81.0% | 81.2% |
| Operating income | $45.2M | $46.5M | $38.4M | $43.9M | $38.6M | $32.4M | $21.5M | $40.3M | $27.1M | $35.0M | $22.8M | $30.1M |
| Net income | $21.1M | $22.8M | $25.7M | $19.4M | $17.0M | $10.9M | $1.1M | $28.5M | $16.2M | $22.6M | $15.3M | $19.1M |
| Net margin | 8.3% | 9.2% | 10.2% | 7.8% | 7.2% | 4.6% | 0.5% | 15.9% | 9.2% | 12.3% | 8.7% | 10.9% |
| Diluted EPS | $0.50 | $0.53 | $0.59 | $0.44 | $0.39 | $0.24 | $0.03 | $0.65 | $0.37 | $0.51 | $0.34 | $0.42 |
| EBITDA | $82.6M | $83.8M | $78.7M | $84.7M | $79.9M | $80.1M | $70.0M | $64.6M | $54.9M | $65.1M | $25.0M | $58.3M |
| Operating cash flow | $78.8M | $98.6M | $62.8M | $73.4M | $30.0M | $68.9M | $19.7M | $57.7M | $63.7M | $70.5M | $33.2M | $46.0M |
| Free cash flow | $77.0M | $95.9M | $59.9M | $72.4M | $29.5M | $67.7M | $16.8M | $56.6M | $62.7M | $70.2M | $30.8M | $44.8M |
| Diluted shares | 42.3M | 42.7M | 43.3M | 43.7M | 44.2M | 44.9M | 45.2M | 43.7M | 44.0M | 44.8M | 44.8M | 45.0M |
Balance sheet
| Period end | May 31 | Feb 28 | Nov 30 | Aug 31 | May 31 | Feb 28 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $103.0M | $113.2M | $94.8M | $99.0M | $102.0M | $124.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.29B | $1.34B | $1.40B | $1.42B | $1.46B | $1.50B |
| Total assets | $2.35B | $2.39B | $2.46B | $2.42B | $2.41B | $2.46B |
| Total liabilities | $1.84B | $1.90B | $1.98B | $1.94B | $1.96B | $2.03B |
| Shareholders' equity | $506.1M | $498.8M | $478.3M | $477.7M | $452.7M | $431.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology