Progress Software Corporation (PRGS)

Currency in USD
38.40
-0.76(-1.94%)
Closed·
38.00-0.42(-1.09%)
·

Progress Earnings

Latest Release
30-06-2026
EPS / Forecast
1.62 / 1.40
Revenue / Forecast
237.36M / 242.74M
EPS Revisions
Last 90 days
Release Date
Period End
EPS
/Forecast
Revenue
/Forecast
EPS Surprise %
Revenue Surprise %
Reaction
08-2026--/1.45--/249.99M----Free Sign Up
05-20261.62/1.40237.36M/242.74M+15.71%-2.22%Free Sign Up
02-20261.60/1.57247.80M/246.41M+1.91%+0.56%Free Sign Up
11-20251.51/1.31252.66M/252.71M+15.27%-0.02%Free Sign Up
08-20251.50/1.30249.80M/240.11M+15.38%+4.04%Free Sign Up
05-20251.40/1.30237.36M/237.53M+7.69%-0.07%Free Sign Up
02-20251.31/1.06238.02M/235.60M+23.58%+1.03%Free Sign Up
11-20241.33/1.21215.00M/211.70M+9.92%+1.56%Free Sign Up
08-20241.26/1.14179.00M/176.10M+10.53%+1.65%Free Sign Up
05-20241.08/0.950175.00M/168.42M+13.68%+3.91%Free Sign Up

All numbers in USD

Progress Software Corporation Earnings Call Summary for Q2/2026

  • Progress Software Q2 FY2026 EPS of $1.62 beat estimates by 16%, revenue rose 7% to $253M; shares fell 2.89% after-hours despite the beat.
  • Operating margin expanded to 40% with strong cash flow of $79M; net leverage improved to 2.9x from 3.4x as debt reduction continues.
  • Company raised full-year guidance to $990M-$1B revenue and $6.09-$6.21 EPS, but noted half of Q2 revenue beat came from timing pull-forwards.
  • Q3 guidance of $244M-$250M revenue signals slower growth; ARR grew only 2% YoY, tempering investor enthusiasm despite quarterly outperformance.
  • CEO Gupta emphasized AI production adoption benefits Progress's portfolio; company targets acquisitions at 10-25% of revenue with focus on AI relevance.
Last Updated: 01-07-2026, 03:28 am
Read Full Transcript

FAQ

What Is Progress's Earnings Per Share (TTM)?

The Progress EPS (TTM) is 2.10.

When Is The Next Progress Earnings Date?

Progress will release its next earnings report on 29-09-2026.

What Is Progress’s Revenue Forecasts For Upcoming Quarters?

Progress’s revenue forecast is 249.99M.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.