Progress Software Corporation
PRGSTechnologyNASDAQSoftware - Infrastructure · Last scanned Oct 26, 2026
Scan Results
Daily timeframeProgress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and. At a $1.90B market cap, Progress Software Corporation ranks as a small-cap company within technology. 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 de.
Market Cap
$1.90B
Beta
0.89
P/E (TTM)
21.41
P/E (Fwd)
6.47
EPS (TTM)
$2.17
EPS (Fwd)
$7.18
ROE
18.3%
ROA
5.1%
Cash
$113.7M
Total Debt
$1.27B
Free CF
$320.5M
52W Change
1.6%
Annual Financials
Cash vs Debt
Where PRGS stands vs its 150-day and 200-day moving averages
As of the October 15, 2026 close, PRGS finished 9.53% above its 150-day moving average ($35.25) and 5.52% above its 200-day moving average ($36.59). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is PRGS overbought or oversold?
At the October 15, 2026 close, PRGS's RSI(14) was 41.3, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, PRGS has $113.7M in cash with $1.27B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $320.5M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 18.3%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.1% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $602.0M (2022) to $977.8M (2025), reflecting a 62% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PRGS.