Progress Software Corporation
PRGSTechnologyNASDAQSoftware - Infrastructure · Last scanned Jul 18, 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. Valued at $1.66B, PRGS is a small-cap name in its sector. 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
$1.66B
Beta
0.82
P/E (TTM)
19.59
P/E (Fwd)
6.50
EPS (TTM)
$2.07
EPS (Fwd)
$6.24
ROE
18.6%
ROA
4.9%
Cash
$103.0M
Total Debt
$1.33B
Free CF
$307.7M
52W Change
-14.6%
Annual Financials
Cash vs Debt
On the balance sheet, PRGS has $103.0M in cash with $1.33B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $307.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 18.6% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.9% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $602.0M (2022) to $977.8M (2025), reflecting a 62% increase over the period.
Progress Software Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Progress Software Corporation and its sector.