Progress Software Overview
- Year Founded
-
1981
- Status
-
Public
- Employees
-
2,801
- Stock Symbol
-
PRGS
- Investments
-
35
- Share Price
-
$43.74
- (As of Friday Closing)
Progress Software General Information
Description
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
Contact Information
Website
www.progress.comCorporate Office
- 15 Wayside Road
- Suite 400
- Burlington, MA 01803
- United States
Corporate Office
- 15 Wayside Road
- Suite 400
- Burlington, MA 01803
- United States
Progress Software Timeline
Progress Software Stock Performance
As of 13-Nov-2026, Progress Software’s stock price is $43.74. Its current market cap is $1.79B with 40.9M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $43.74 | $43.44 | $23.82 - $47.25 | $1.79B | 40.9M | 522K | $2.20 |
Progress Software Financials Summary
As of 31-Aug-2026, Progress Software has a trailing 12-month revenue of $1000M.
|
In Thousands, USD |
TTM 31-Aug-2026 | FY 2025 30-Nov-2025 | FY 2024 30-Nov-2024 | FY 2023 30-Nov-2023 |
|---|---|---|---|---|
| EV | 3,121,449 | 3,128,620 | 3,515,172 | 2,988,629 |
| Revenue | 999,935 | 977,831 | 753,409 | 694,439 |
| EBITDA | 318,535 | 302,443 | 224,586 | 211,046 |
| Net Income | 92,407 | 73,133 | 68,438 | 70,197 |
| Total Assets | 2,302,593 | 2,457,658 | 2,526,966 | 1,602,783 |
| Total Debt | 1,265,033 | 1,429,916 | 1,561,728 | 747,106 |
Progress Software Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Progress Software Comparisons
Industry
Financing
Details
Progress Software Competitors (6)
One of Progress Software’s 6 competitors is Oracle, a Formerly VC-backed company based in Austin, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Oracle | Formerly VC-backed | Austin, TX | ||||
| Strategy (Business/Productivity Software) | Corporation | Tysons, VA | ||||
| SAP | Corporation | Walldorf, Germany | ||||
| Rubrik | Formerly VC-backed | Palo Alto, CA | ||||
| Micro Focus International | Formerly PE-Backed | Newbury, United Kingdom |
Progress Software Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Progress Software Patents
Progress Software Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260189571-A1 | Hierarchical cloud-based resource identifier and access management system for distributed multi-tenant data | Pending | 30-Dec-2024 | ||
| US-12407590-B1 | Abandoned machines | Active | 28-Nov-2023 | ||
| US-12536159-B1 | Positional quick insert | Active | 11-May-2022 | ||
| US-11539783-B1 | Efficient downloading of files to multiple users in proximity of one another | Active | 09-Dec-2021 | ||
| US-11537669-B1 | Preparation of signature fields within electronic documents | Active | 09-Jun-2021 | G06F40/174 |
Progress Software Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Progress Software Acquisitions (35)
Progress Software’s most recent deal was a Merger/Acquisition with Domo for . The deal was made on 22-Sep-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Domo | 22-Sep-2026 | Merger/Acquisition | Business/Productivity Software | ||
| Podio | 05-Nov-2025 | Merger/Acquisition | Business/Productivity Software | ||
| Nuclia | 30-Jun-2025 | Merger/Acquisition | Business/Productivity Software | ||
| ShareFile | 31-Oct-2024 | Merger/Acquisition | Business/Productivity Software | ||
| MarkLogic | 07-Feb-2023 | Merger/Acquisition | Database Software |
Progress Software ESG
Risk Overview
Risk Rating
Updated November, 04, 2026
20.19 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 13,585
Rank
Percentile
Software & Services
Industry
of 898
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 373
Rank
Percentile
Progress Software Exits (4)
Progress Software’s most recent exit was on 24-May-2013 from Rollbase. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Rollbase | 24-May-2013 | Completed |
|
||
| EasyAsk | 12-May-2005 | Completed |
|
||
| Excelon | 19-Dec-2002 | Completed |
|
||
| ObjectStore | 01-Jan-2002 | Merger/Acquisition | Completed |
Progress Software Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Nuclia | Barcelona, Spain | 2018 | |
| OneBit Software | Sofia, Bulgaria | 2010 | |
| Domo | American Fork, UT | 2010 | |
| Chef Software | Seattle, WA | 2008 | |
| ShareFile | Raleigh, NC | 2005 |
Progress Software FAQs
-
When was Progress Software founded?
Progress Software was founded in 1981.
-
Where is Progress Software headquartered?
Progress Software is headquartered in Burlington, MA.
-
What is the size of Progress Software?
Progress Software has 2,801 total employees.
-
What industry is Progress Software in?
Progress Software’s primary industry is IT Consulting and Outsourcing.
-
Is Progress Software a private or public company?
Progress Software is a Public company.
-
What is Progress Software’s stock symbol?
The ticker symbol for Progress Software is PRGS.
-
What is the current stock price of Progress Software?
As of 13-Nov-2026 the stock price of Progress Software is $43.74.
-
What is the current market cap of Progress Software?
The current market capitalization of Progress Software is $1.79B.
-
What is Progress Software’s current revenue?
The trailing twelve month revenue for Progress Software is $1000M.
-
Who are Progress Software’s competitors?
Oracle, Strategy (Business/Productivity Software), SAP, Rubrik, and Micro Focus International are some of the 6 competitors of Progress Software.
-
What is Progress Software’s annual earnings per share (EPS)?
Progress Software’s EPS for 12 months was $2.20.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
