Progress Financial Statements From 2010 to 2024

PRGS Stock  USD 51.63  0.20  0.39%   
Progress Software financial statements provide useful quarterly and yearly information to potential Progress Software investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Progress Software financial statements helps investors assess Progress Software's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Progress Software's valuation are summarized below:
Gross Profit
529.6 M
Profit Margin
0.0967
Market Capitalization
2.2 B
Enterprise Value Revenue
3.8925
Revenue
714.9 M
There are over one hundred nineteen available trending fundamental ratios for Progress Software, which can be analyzed over time and compared to other ratios. All traders should check out Progress Software's recent fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 2 B in 2024. Enterprise Value is likely to gain to about 1.5 B in 2024

Progress Software Total Revenue

838.54 Million

Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many exotic indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0304 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
  
This module can also supplement Progress Software's financial leverage analysis and stock options assessment as well as various Progress Software Technical models . Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Progress Software Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.9 B1.8 BB
Slightly volatile
Short and Long Term Debt Total902.1 M859.2 M360.2 M
Slightly volatile
Other Current Liabilities52.1 M92.5 M55.9 M
Slightly volatile
Total Current Liabilities425.2 M404.9 M246.7 M
Slightly volatile
Total Stockholder Equity339.4 M528.7 M408.6 M
Very volatile
Property Plant And Equipment Net41.5 M39 M42.4 M
Pretty Stable
Retained Earnings164.3 M139 M148.8 M
Slightly volatile
Cash127.8 M146 M169.8 M
Pretty Stable
Non Current Assets Total1.5 B1.5 B702.9 M
Slightly volatile
Non Currrent Assets Other8.1 M9.5 M9.8 M
Pretty Stable
Cash And Short Term Investments175.5 M146 M188.6 M
Pretty Stable
Net Receivables188.1 M179.2 M95.5 M
Slightly volatile
Common Stock Shares Outstanding44.4 M40.2 M47.7 M
Slightly volatile
Liabilities And Stockholders Equity1.9 B1.8 BB
Slightly volatile
Non Current Liabilities Total955.1 M909.6 M353.9 M
Slightly volatile
Other Current Assets60.2 M55.2 M32.3 M
Slightly volatile
Other Stockholder Equity447.5 M426.2 M101.1 M
Slightly volatile
Total Liabilities1.4 B1.3 B600.6 M
Slightly volatile
Property Plant And Equipment Gross95.5 M91 M50.4 M
Slightly volatile
Total Current Assets288.8 M380.4 M313.3 M
Pretty Stable
Intangible Assets427.8 M407.4 M159.4 M
Slightly volatile
Accounts Payable13.5 M14.2 M52 M
Slightly volatile
Common Stock Total Equity370.2 K389.7 K3.1 M
Slightly volatile
Short Term Investments242.2 M230.6 M90.3 M
Slightly volatile
Common Stock478.5 K503.7 K202 M
Pretty Stable
Other Assets72.6 M69.1 M34.1 M
Slightly volatile
Property Plant Equipment12.8 M13.4 M36.6 M
Slightly volatile
Current Deferred Revenue145.3 M271.5 M152.4 M
Slightly volatile
Good WillB956.9 M468.4 M
Slightly volatile
Other Liabilities82.2 M78.3 M36.1 M
Slightly volatile
Long Term Debt Total738.8 M703.6 M315.7 M
Slightly volatile
Long Term Investments24.9 M22.3 M25.7 M
Slightly volatile
Non Current Liabilities Other8.7 M5.2 M7.8 M
Slightly volatile
Deferred Long Term Asset Charges5.6 M5.9 M10.8 M
Slightly volatile
Capital Surpluse305.2 M381.4 M288 M
Slightly volatile
Short and Long Term Debt13.1 M15.1 M11.7 M
Slightly volatile
Net Invested Capital855.8 M1.4 B710.1 M
Slightly volatile
Capital Stock478.5 K503.7 K22.6 M
Pretty Stable
Capital Lease Obligations22.1 M20.8 M30.6 M
Slightly volatile

Progress Software Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization124.6 M118.6 M46 M
Slightly volatile
Interest Expense37.2 M35.4 M12.1 M
Slightly volatile
Total Revenue838.5 M798.6 M461.7 M
Slightly volatile
Gross Profit685.7 M653 M386 M
Slightly volatile
Other Operating Expenses304.2 M572.9 M333.8 M
Slightly volatile
EBIT68.9 M127.1 M97.6 M
Slightly volatile
EBITDA92.9 M127.1 M122.1 M
Slightly volatile
Cost Of Revenue152.8 M145.6 M75.7 M
Slightly volatile
Total Operating Expenses238.9 M427.4 M264 M
Slightly volatile
Income Tax Expense15.9 M10.9 M16.6 M
Pretty Stable
Selling General Administrative86.9 M74.8 M64.1 M
Slightly volatile
Research Development159.9 M152.3 M91 M
Slightly volatile
Selling And Marketing Expenses102.5 M140.5 M120.7 M
Very volatile
Non Recurring4.7 M4.9 M18.1 M
Slightly volatile
Tax Provision13.6 M8.5 M17.3 M
Slightly volatile
Interest Income1.6 M2.9 M1.8 M
Pretty Stable
Reconciled Depreciation66 M118.6 M57.5 M
Slightly volatile
Extraordinary Items1.3 M1.5 M1.6 M
Slightly volatile

Progress Software Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow309.5 M294.7 M216.5 M
Pretty Stable
Depreciation127.1 M121.1 M54.3 M
Slightly volatile
Capital Expenditures7.7 MM6.2 M
Pretty Stable
Total Cash From Operating Activities210 M200 M126.1 M
Slightly volatile
End Period Cash Flow148.9 M146 M186.8 M
Pretty Stable
Stock Based Compensation48.9 M46.6 M27.2 M
Slightly volatile
Issuance Of Capital Stock23.2 M29.8 M18.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.443.033.9026
Slightly volatile
Dividend Yield0.03040.01550.0143
Slightly volatile
PTB Ratio4.655.855.2011
Pretty Stable
Days Sales Outstanding78.694.1775.0927
Slightly volatile
Book Value Per Share10.09.528.4883
Slightly volatile
Operating Cash Flow Per Share3.783.62.6069
Slightly volatile
Stock Based Compensation To Revenue0.03360.05250.0545
Pretty Stable
PB Ratio4.655.855.2011
Pretty Stable
EV To Sales2.323.843.9731
Very volatile
Inventory Turnover13.8421.5513.407
Very volatile
Days Of Inventory On Hand23.5222.471.0162
Slightly volatile
Payables Turnover12.3511.773.7805
Slightly volatile
Sales General And Administrative To Revenue0.30.280.1686
Slightly volatile
Research And Ddevelopement To Revenue0.140.170.1857
Very volatile
Cash Per Share2.522.634.1933
Very volatile
POCF Ratio17.8612.1133.802
Slightly volatile
Payout Ratio0.870.520.5631
Very volatile
Days Payables Outstanding30.532.11328
Slightly volatile
EV To Operating Cash Flow16.1415.3231.2471
Slightly volatile
Intangibles To Total Assets0.70.670.5263
Slightly volatile
Current Ratio2.011.081.5076
Slightly volatile
Receivables Turnover4.174.014.9722
Slightly volatile
Graham Number18.5317.6514.4603
Slightly volatile
Shareholders Equity Per Share10.09.528.4883
Slightly volatile
Revenue Per Share15.114.389.4525
Slightly volatile
Enterprise Value Over EBITDA14.6714.4614.4778
Slightly volatile
Operating Cycle98.8794.17123
Slightly volatile
Price Book Value Ratio4.655.855.2011
Pretty Stable
Days Of Payables Outstanding30.532.11328
Slightly volatile
Dividend Payout Ratio0.870.520.5631
Very volatile
Price To Operating Cash Flows Ratio17.8612.1133.802
Slightly volatile
Ebt Per Ebit1.120.830.8938
Pretty Stable
Company Equity Multiplier3.293.142.4087
Slightly volatile
Quick Ratio1.150.721.3569
Slightly volatile
Cash Ratio0.570.320.8023
Slightly volatile
Operating Cash Flow Sales Ratio0.180.230.2623
Pretty Stable
Days Of Inventory Outstanding23.5222.471.0162
Slightly volatile
Days Of Sales Outstanding78.694.1775.0927
Slightly volatile
Price To Book Ratio4.655.855.2011
Pretty Stable
Fixed Asset Turnover19.3418.4211.7715
Slightly volatile
Price Cash Flow Ratio17.8612.1133.802
Slightly volatile
Enterprise Value Multiple14.6714.4614.4778
Slightly volatile
Price Sales Ratio2.443.033.9026
Slightly volatile
Asset Turnover0.850.50.5641
Pretty Stable
Gross Profit Margin0.620.740.78
Pretty Stable
Price Fair Value4.655.855.2011
Pretty Stable

Progress Software Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.9 B1.7 B
Slightly volatile
Enterprise Value1.5 B1.5 B1.4 B
Slightly volatile

Progress Fundamental Market Drivers

Forward Price Earnings10.846
Cash And Short Term Investments127 M

Progress Upcoming Events

26th of March 2024
Upcoming Quarterly Report
View
4th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
21st of January 2025
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
30th of November 2023
Last Financial Announcement
View

About Progress Software Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Progress Software income statement, its balance sheet, and the statement of cash flows. Progress Software investors use historical funamental indicators, such as Progress Software's revenue or net income, to determine how well the company is positioned to perform in the future. Although Progress Software investors may use each financial statement separately, they are all related. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progress Software's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progress Software Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progress Software. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue271.5 M145.3 M
Total Revenue798.6 M838.5 M
Cost Of Revenue145.6 M152.8 M
Stock Based Compensation To Revenue 0.05  0.03 
Sales General And Administrative To Revenue 0.28  0.30 
Research And Ddevelopement To Revenue 0.17  0.14 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 14.38  15.10 
Ebit Per Revenue 0.14  0.11 

Progress Software Investors Sentiment

The influence of Progress Software's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progress. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Progress Software's public news can be used to forecast risks associated with an investment in Progress. The trend in average sentiment can be used to explain how an investor holding Progress can time the market purely based on public headlines and social activities around Progress Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progress Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progress Software's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progress Software's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Progress Software.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progress Software in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progress Software's short interest history, or implied volatility extrapolated from Progress Software options trading.

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When determining whether Progress Software is a strong investment it is important to analyze Progress Software's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progress Software's future performance. For an informed investment choice regarding Progress Stock, refer to the following important reports:
Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.
Note that the Progress Software information on this page should be used as a complementary analysis to other Progress Software's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.
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Is Progress Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progress Software. If investors know Progress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progress Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.7
Earnings Share
1.55
Revenue Per Share
16.404
Quarterly Revenue Growth
0.125
The market value of Progress Software is measured differently than its book value, which is the value of Progress that is recorded on the company's balance sheet. Investors also form their own opinion of Progress Software's value that differs from its market value or its book value, called intrinsic value, which is Progress Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progress Software's market value can be influenced by many factors that don't directly affect Progress Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progress Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progress Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progress Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.