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- $1.2BMarket Cap
- -56.48%1-Year Change
- Software - InfrastructureIndustry
Progress Softwar (PRGS)
Key Performance
More- Earnings Score: 33
- Momentum Score: 0
- True Yield: N/A
- Financial Health Score: 62
Latest Research & News
Progress Software's Agentic RAG platform has won the 2026 AI Excellence Award in the Retrieval-Augmented Generation category. The SaaS platform transforms unstructured data into a governed intelligence foundation for enterprise use, with applications in search, compliance, and customer support. The award recognizes Progress's innovation in making trustworthy RAG accessible to organizations of all sizes.
05/14/2026, 9:00 AM • GlobeNewswire
U.S. stock futures rose on Monday following Friday's sharp sell-off, with major indices recovering from correction territory. President Trump suggested the U.S. could seize Iran's oil infrastructure while characterizing Iran's new leaders as 'very reasonable.' Markets are pricing in a 96.4% likelihood of unchanged Fed rates in April. Key movers include Palantir Technologies, Rezolve AI, and Entera Bio, while analyst Mohamed El-Erian warns of 'stagflationary winds' and economic headwinds ahead.
03/30/2026, 8:45 AM • Benzinga
U.S. stock futures rose on Monday following Friday's sharp sell-off, with major indices recovering from correction territory. President Trump's comments about Iran's new leaders being 'very reasonable' and potential oil agreements provided some market optimism. Key movers included Palantir (partnership expansion), Rezolve AI (raised revenue outlook), and Entera Bio (earnings miss). Analysts warn of 'stagflationary winds' and expect continued volatility ahead.
03/30/2026, 5:27 AM • Benzinga
Why Progress Software Popped Today
Progress Software shares jumped 10.62% after reporting strong Q4 results with operating income surging 78% and adjusted EPS of $1.51, beating Wall Street estimates of $1.31. The company issued an upbeat fiscal 2026 guidance with expected revenue of $986 million to $1 billion and cash from operations of $263-277 million, citing strong positioning in the AI-driven market.
01/21/2026, 5:07 PM • The Motley Fool
Progress Software was recognized by Forrester Wave as a top digital experience platform vendor, highlighting its AI-powered capabilities in delivering personalized, dynamic digital experiences across multiple industries.
12/16/2025, 10:00 AM • GlobeNewswire
Progress Software launched its Q4 2025 release of Telerik and Kendo UI developer toolsets, introducing Agentic AI capabilities that enable developers to generate enterprise-grade screens from simple prompts, potentially reducing development cycles by up to 50%.
12/10/2025, 9:00 AM • GlobeNewswire
U.S. stock futures fell on Tuesday as a potential government shutdown looms, with lawmakers having until midnight to reach an agreement. Markets are anticipating potential Federal Reserve interest rate cuts and monitoring upcoming economic data releases.
09/30/2025, 8:20 AM • Benzinga
U.S. stock futures fell on Tuesday as a potential government shutdown looms, with lawmakers having until midnight to reach an agreement. Markets are anticipating potential Federal Reserve interest rate cuts and monitoring upcoming economic data releases.
09/30/2025, 5:51 AM • Benzinga
Progress Software Stock Jumps On Strong Q3 Earnings, Raised Guidance
Progress Software reported strong Q3 earnings with 40% revenue growth and raised full-year guidance, leading to a stock price increase in after-hours trading.
09/29/2025, 4:33 PM • Benzinga
Carlsmed, Inc. Appoints Jennifer Kamocsay as Chief Legal Officer and Secretary
Carlsmed has appointed Jenifer Kamocsay as Chief Legal Officer and Secretary, bringing over two decades of corporate legal experience from life science and technology sectors to strengthen the company's leadership team.
09/29/2025, 9:00 AM • GlobeNewswire
Preview: Progress Software's Earnings
Progress Software is set to release Q3 2025 earnings, with analysts expecting $1.19 EPS. The company has shown strong revenue growth of 35.57% and impressive net margins, but faces challenges with a high debt-to-equity ratio.
09/26/2025, 10:01 AM • Benzinga
Progress Software launched Progress Agentic RAG, a SaaS platform enabling organizations to transform unstructured data into actionable intelligence using generative AI with affordable, trustworthy, and verifiable technology.
09/10/2025, 9:00 AM • GlobeNewswire
Progress Software Announces Amended Credit Facility
Progress Software expanded its revolving credit facility from $900 million to $1.5 billion, extending the maturity date to July 31, 2030, to support continued growth and potential acquisitions.
07/22/2025, 6:00 AM • GlobeNewswire
New Progress Semaphore Release Unleashes AI to Drive Smarter Enterprise Knowledge Management
Progress Software announced the latest release of its Semaphore metadata management and semantic AI platform, which includes new features to improve user productivity, foster semantic interoperability, and accelerate data-driven insights.
06/25/2025, 9:00 AM • GlobeNewswire
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MoreInformation as of 06/22/2026
Company Profile
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
Key Executives
- Yogesh K. Gupta
- Anthony Folger
- Loren Weinberg Jarrett
- John Ainsworth
- Sundar Subramanian
Current Ownership Distribution
- Institutions919.2M (57.77%)
- Mutual Funds663.5M (41.71%)
- Insiders8.3M (0.52%)
- Other0 (0.00%)