PROGRESS SOFTWARE CORP /MA
Financial highlights
| Metric | FY 11/30/25 | FY 11/30/24 | FY 11/30/23 | FY 11/30/22 | FY 11/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $977.8M | $753.4M | $694.4M | $602.0M | $531.3M |
| Cost of revenue | $187.6M | $130.5M | $126.6M | $94.5M | $78.4M |
| Gross profit | $790.2M | $622.9M | $567.9M | $507.5M | $452.9M |
| Operating expenses | $637.0M | $498.9M | $457.3M | $375.4M | $336.8M |
| Operating income | $153.3M | $124.0M | $110.5M | $132.1M | $116.1M |
| Interest expense | $70.8M | $32.0M | $30.8M | $15.8M | $20.0M |
| Pretax income | $81.6M | $94.3M | $79.7M | $117.3M | $95.5M |
| Income tax expense | $8.5M | $25.8M | $9.5M | $22.2M | $17.1M |
| Net income | $73.1M | $68.4M | $70.2M | $95.1M | $78.4M |
| Balance Sheet | |||||
| Cash and equivalents | $94.8M | $118.1M | $127.0M | $256.3M | $155.4M |
| Current assets | $400.0M | $368.8M | $330.8M | $426.1M | $337.8M |
| Total assets | $2.5B | $2.5B | $1.6B | $1.4B | $1.4B |
| Current liabilities | $809.7M | $455.1M | $352.1M | $318.0M | $322.9M |
| Total debt | — | — | $731.2M | $628.1M | $627.1M |
| Stockholders' equity | $478.3M | $438.8M | $459.7M | $398.5M | $412.5M |
| Cash Flow Statement | |||||
| Cash from operations | $235.2M | $211.5M | $173.9M | $192.2M | $178.5M |
| Depreciation and amortization | $6.2M | $6.4M | $6.3M | $5.0M | $5.5M |
| Stock-based compensation | $64.8M | $46.8M | $40.5M | $37.1M | $29.7M |
| Capital expenditure | $5.7M | $5.2M | $5.6M | $6.1M | $4.7M |
| Free cash flow | $229.5M | $206.3M | $168.3M | $186.1M | $173.9M |
| Dividends paid | $786,000 | $31.5M | $31.6M | $31.1M | $31.6M |
| Share repurchases | $105.2M | $86.8M | $34.0M | $77.0M | $35.0M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 42.1M · Free float 89.0%
Annual filing data through FY ended November 30, 2025; float as of July 11, 2026.