Progress Software Corp (DE) financials
$39.44+0.08%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Nov 30 | FY24 Nov 30 | FY23 Nov 30 | FY22 Nov 30 | FY21 Nov 30 | FY20 Nov 30 | FY19 Nov 30 | FY18 Nov 30 | FY17 Nov 30 | FY16 Nov 30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $977.8M | $753.4M | $694.4M | $602.0M | $531.3M | $442.1M | $413.3M | $379.0M | $389.2M | $405.3M |
| Gross profit | $790.3M | $622.9M | $567.9M | $507.5M | $452.9M | $380.0M | $338.1M | $312.0M | $320.0M | $339.6M |
| Gross margin | 80.8% | 82.7% | 81.8% | 84.3% | 85.2% | 86.0% | 81.8% | 82.3% | 82.2% | 83.8% |
| Operating income | $153.3M | $124.0M | $110.5M | $126.0M | $120.2M | $107.7M | $40.1M | $67.8M | $57.5M | -$29.7M |
| Net income | $73.1M | $68.4M | $70.2M | $95.1M | $78.4M | $79.7M | $26.4M | $49.7M | $29.0M | -$55.7M |
| Net margin | 7.5% | 9.1% | 10.1% | 15.8% | 14.8% | 18.0% | 6.4% | 13.1% | 7.5% | −13.7% |
| Diluted EPS | $1.66 | $1.54 | $1.57 | $2.15 | $1.76 | $1.76 | $0.58 | $1.08 | $0.60 | $-1.13 |
| EBITDA | $323.4M | $254.6M | $226.8M | $201.6M | $179.5M | $152.0M | $128.8M | $120.0M | $124.1M | $109.6M |
| Operating cash flow | $235.2M | $211.5M | $173.9M | $192.2M | $178.5M | $144.8M | $128.5M | $121.4M | $105.7M | $102.8M |
| Free cash flow | $229.5M | $206.3M | $168.3M | $186.1M | $173.9M | $138.3M | $124.5M | $114.1M | $102.3M | $97.1M |
| Diluted shares | 44.0M | 44.4M | 44.7M | 44.2M | 44.6M | 45.3M | 45.3M | 46.1M | 48.5M | 49.5M |
Balance sheet
| Period end | Nov 30 | Nov 30 | Nov 30 | Nov 30 | Nov 30 | Nov 30 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $94.8M | $118.1M | $127.0M | $256.3M | $155.4M | $98.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $2.0M | $8.0M |
| Total debt | $1.40B | $1.53B | $724.0M | $618.1M | $560.3M | $382.5M |
| Total assets | $2.46B | $2.53B | $1.60B | $1.41B | $1.36B | $1.04B |
| Total liabilities | $1.98B | $2.09B | $1.14B | $1.01B | $951.0M | $695.8M |
| Shareholders' equity | $478.3M | $438.8M | $459.7M | $398.5M | $412.5M | $346.0M |
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