Progress Software Corporation
PRGSTechnologyNASDAQSoftware - Infrastructure
Scan Results
Daily timeframeHeadquartered within the technology sector, Progress Software Corporation focuses on Software - Infrastructure services and products. Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and. The company carries a $1.81B market cap, placing it firmly in the small-cap category. 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
$1.81B
Beta
0.82
P/E (TTM)
21.38
P/E (Fwd)
7.07
EPS (TTM)
$2.06
EPS (Fwd)
$6.23
ROE
18.6%
ROA
4.9%
Cash
$103.0M
Total Debt
$1.33B
Free CF
$307.7M
52W Change
2.7%
Annual Financials
Cash vs Debt
Where PRGS stands vs its 150-day and 200-day moving averages
As of the August 20, 2026 close, PRGS finished 25.30% above its 150-day moving average ($34.98) and 18.91% above its 200-day moving average ($36.86). 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 August 20, 2026 close, PRGS's RSI(14) was 70.8, in overbought territory (above 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Progress Software Corporation carries $1.33B in total debt against $103.0M in cash reserves — debt is roughly 12.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $307.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 18.6%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. 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.