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Progress Software Corp

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Progress Software Corp

PRGS·NASDAQ·Technology·CIK 0000876167

Progress Software Corporation provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The company operates in North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia and Australia (Asia Pacific) through local subsidiaries and independent distributors. A core strategy involves building and maintaining leading products and tools for modern business applications, offered to new and existing customers and partners. The company focuses on customer and partner retention, aiming for predictable recurring revenue and high profitability. Progress Software pursues a growth strategy through accretive acquisitions. Notable acquisitions include Ipswitch in April 2019, Chef Software in October 2020, Kemp Technologies in November 2021, MarkLogic in February 2023, ShareFile in October 2024, and Nuclia in June 2025. The company's capital allocation policy emphasizes accretive mergers and acquisitions and utilizes share repurchases to return capital to stockholders, intending to offset dilution from equity plans. The company's product portfolio has expanded due to its growth strategy. A key product is Progress Agentic RAG, a next-generation Agentic Rag-as-a-Service platform providing fast, flexible, and modular retrieval functionality to artificial intelligence (AI) agents from various unstructured data formats.

Progress Software Corp (NASDAQ:PRGS) is a publicly traded company in the Technology sector. Wiseek has independently scored 14 items for PRGS at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-30, rated 7/10. Across its 14 most recent items scored 7 or higher, the top rating is 9/10, with 8 rated 8 or above. Recent SEC coverage for PRGS spans 10-Q, 8-K, DEF 14A, 10-K.

Recent high-impact activity:

  • Progress Software Q3 10-Q: $22.8M Net Income, Domo Deal Closed, MOVEit Litigation Narrows
  • Progress Software Lifts FY26 Revenue Outlook to $1.044B-$1.052B
  • Progress Software Q3 EPS Beats, Raises FY26 Revenue Guidance to $1.044B-$1.052B
  • Progress Software to Acquire Domo's AI and Data Platform Business for $400M
  • Progress Software to Acquire Domo's AI and Data Platform Business

Financial Snapshot

Fiscal year ended November 30, 2025
Revenue
$977.83M
Net Income
$73.13M
Diluted EPS
$1.66
Op. Cash Flow
$235.19M
Free Cash Flow
$229.49M
Gross Profit
$790.25M
Operating Income
$153.29M
Cash & Equivalents
$94.81M
Total Debt
$1.4B
Debt / Equity
2.93×
Net Margin
7.5%
Shares Outstanding
42.34M sh
Source: 10-K · filed 2026-01-20 · accession 0000876167-26-000008

Short Interest & Short Volume

8.72 days to cover

FINRA reported short interest of 4,679,885 shares in PRGS as of the September 15, 2026 settlement, a 2.5% increase from the prior period — about 8.7 days to cover at its recent average daily volume. On October 2, 2026, 67.6% of PRGS volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)4,679,885 shares as of September 15, 2026
Change vs prior period▲ 2.5%
Days to cover8.72 at avg daily volume of 536,899
Daily short volume (FINRA facilities)67.6% of 397,375 shares on October 2, 2026
5-day average short volume71.2%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$36.9
52-week range · as of 2026-09-30 $23.82 – $47.37
Market cap
$1.51B
Volume
1M (1.7× avg)
3-mo avg 592.3K
Live data · 2026-10-05 03:07 UTC · Market closed

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feed PRGS - Latest Insights

PRGS
Sep 30, 2026, 4:11 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $38.00
Real-time Price: $36.90 info
Change: -$1.10 (-3%) info
Market Cap: $1.508B info
PRGS
Sep 30, 2026, 4:09 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $38.77
Real-time Price: $36.90 info
Change: -$1.87 (-5%) info
Market Cap: $1.508B info
PRGS
Sep 30, 2026, 4:07 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $38.50
Real-time Price: $36.90 info
Change: -$1.60 (-4%) info
Market Cap: $1.508B info
PRGS
Jul 22, 2026, 4:21 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $37.91
Real-time Price: $36.90 info
Change: -$1.01 (-3%) info
Market Cap: $1.508B info
PRGS
Jul 22, 2026, 4:16 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $37.91
Real-time Price: $36.90 info
Change: -$1.01 (-3%) info
Market Cap: $1.508B info
PRGS
Jun 30, 2026, 4:10 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $33.35
Real-time Price: $36.90 info
Change: +$3.55 (+11%) info
Market Cap: $1.508B info
PRGS
Jun 30, 2026, 4:04 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $34.00
Real-time Price: $36.90 info
Change: +$2.90 (+9%) info
Market Cap: $1.508B info
PRGS
Jun 30, 2026, 4:02 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $35.00
Real-time Price: $36.90 info
Change: +$1.90 (+5%) info
Market Cap: $1.508B info
PRGS
May 11, 2026, 6:15 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $29.42
Real-time Price: $36.90 info
Change: +$7.48 (+25%) info
Market Cap: $1.508B info
PRGS
Mar 30, 2026, 5:30 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $28.70
Real-time Price: $36.90 info
Change: +$8.20 (+29%) info
Market Cap: $1.508B info
PRGS
Mar 30, 2026, 4:11 PM EDT
Source: Dow Jones Newswires
Importance Score:
7
Price at Filing: $28.83
Real-time Price: $36.90 info
Change: +$8.07 (+28%) info
Market Cap: $1.508B info
PRGS
Mar 25, 2026, 4:15 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $27.40
Real-time Price: $36.90 info
Change: +$9.50 (+35%) info
Market Cap: $1.508B info
PRGS
Jan 20, 2026, 4:12 PM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $42.95
Real-time Price: $36.90 info
Change: -$6.05 (-14%) info
Market Cap: $1.508B info
PRGS
Jan 20, 2026, 4:07 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $39.25
Real-time Price: $36.90 info
Change: -$2.35 (-6%) info
Market Cap: $1.508B info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets