Research / Stocks / PRGS PRGS Nasdaq CIK 0000876167
PROGRESS SOFTWARE CORP /MA · Services-Prepackaged Software
RESEARCH CURRENTCOVERAGE / STANDARD
Latest filing 4 · Aug 18, 2026
Research state Latest filing analysis is current
Last SEC check Sep 13, 2026
Data basis Official SEC · no quote feed Component status Filing Evidence Research Current Official SEC filing history is available
Structured Financials Research Current Validated structured financial research is available
Filing Analysis Research Current No filing analysis job is currently running
Fundamental State Research Current Fundamental State depends on validated comparable financial metrics
RESEARCH SNAPSHOT PROGRESS SOFTWARE CORP /MA's latest supported as-filed period reports revenue of $253.5M ; gross margin moved 222 basis points higher on the same comparison basis. Every value below links to its SEC accession and metric lineage.
Deterministic / evidence backed Key research observations No material rule-based research observation currently meets GrossPattern's Insight value threshold. Current state, direction, and filing evidence remain available below.
Current configuration / point in time Fundamental state A multidimensional view of the latest comparable filing—not a composite score or recommendation.
Debt relative to revenue RAW Current state valid · history insufficient
Method Level · gp.fundamentals.debt_to_revenue
Raw value 509.79% · OPTIONAL
Capex intensity RAW Current state valid · history insufficient
Method Level · gp.fundamentals.capex_revenue_ratio
Raw value 0.74% · OPTIONAL
Operating cash generation RAW Current state valid · history insufficient
Method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
Raw value 31.10% · OPTIONAL
Revenue growth RAW Current state valid · history insufficient
Method Yoy · gp.fundamentals.revenue
Raw value 6.79% · CORE
Gross margin RAW Current state valid · history insufficient
Method Level · gp.fundamentals.gross_margin
Raw value 82.30% · CORE
Operating margin RAW Current state valid · history insufficient
Method Level · gp.fundamentals.operating_margin
Raw value 17.83% · CORE
SBC intensity RAW Current state valid · history insufficient
Deterministic multi-period research Company direction Business direction, financial quality, capital allocation, and governance evidence remain separate—never collapsed into a recommendation score.
As filed May 31, 2026 General Corporate
Governance Evidence 4 evidence-backed dimensions Filing Amendments Repeated Auditor Changes None Detected Sbc Intensity Observed Insider Activity Observed [email protected] · 8 historical states · 50% confidenceInterpretation boundary Direction describes measurable company fundamentals. Governance reports observable evidence only; it does not grade management character or predict stock returns.
Comparable evidence Peer context Latest available comparable states within 180 days, normalized with robust median/MAD statistics.
Profitability
PRGS 17.8
Peer median -1.8
Peer percentile 84th 148 valid peers · 94% coverage · +0.9 robust σ Cash Generation
PRGS 31.1
Peer median 16.4
Peer percentile 82th 143 valid peers · 91% coverage · +0.7 robust σ Margin
PRGS 82.3
Peer median 72.6
Peer percentile 84th 131 valid peers · 83% coverage · +0.7 robust σ Sbc Intensity
PRGS 8.1
Peer median 10.9
Peer percentile 37th 142 valid peers · 90% coverage · -0.3 robust σ Growth
PRGS 6.8
Peer median 10.7
Peer percentile 35th 129 valid peers · 82% coverage · -0.3 robust σ Capex Intensity
PRGS 0.7
Peer median 1.0
Peer percentile 41th 124 valid peers · 79% coverage · -0.2 robust σ Open group breadth → Divergence is context, not positive or negative. INSIDER STATE / 90D Recent disclosed activity
Open-market purchases 0
Sales 0
Distinct buyers 0
Repeat buyer NO Conservative Form 4 classification · not a sentiment label Flagship analysis / V3 What changed? The most important deterministic changes, ranked by magnitude, issuer history, persistence, and accounting profile.
Current 10-Q 0000876167-26-000078 9 governed changes · top 7 shown
01
INFORMATIONAL IMPORTANCE Cash 0TH HISTORICAL PCTL · N=2
Cash & equivalents increased 1.0% Cash & equivalents changed +1.0% from the comparable as-filed period.
Why this ranks here · [email protected] $102.0M → $103.0M Comparable → current
02
LOW IMPORTANCE Debt 33TH HISTORICAL PCTL · N=3
Debt decreased 11.4% Debt changed -11.4% from the comparable as-filed period.
Why this ranks here · [email protected] $1.5B → $1.3B Comparable → current
03
HIGH IMPORTANCE Margin 100TH HISTORICAL PCTL · N=3
Gross margin moved 222 bp higher Gross margin changed +222 basis points from the comparable as-filed period.
Why this ranks here · [email protected] 80.08% → 82.30% Comparable → current
04
LOW IMPORTANCE Margin 67TH HISTORICAL PCTL · N=3
Gross profit increased 9.7% Gross profit changed +9.7% from the comparable as-filed period.
As-filed financials Financial trajectory Each point keeps the date investors could first observe it and its accession.
As filed Current normalized · later
Capex / revenue 0.74% -32.6% ↓ Capital expenditure $1.9M -31.1% ↓ Cash & equivalents $103.0M +0.0% ↑ Debt $1.3B -3.7% ↓ Free-cash-flow proxy $77.0M -19.8% ↓ Gross margin 82.30% +0.0% ↑ Interest expense $7.3M -76.1% ↓ Inventory $5.0M +8.7% ↑
ACTIVE TRACE Revenue PRGS · as filed with the SEC · reported-date aware
PASS · 24 OBS
Capex / revenue Q2 / 2026-05-31 0.74% -32.6% sequential point Trace ↗ Evidence inspector
Loading lineage… × Capital expenditure Q2 / 2026-05-31 $1.9M -31.1% sequential point Trace ↗ Evidence inspector
Loading lineage… × Cash & equivalents Q2 / 2026-05-31 $103.0M +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Debt Q2 / 2026-05-31 $1.3B -3.7% sequential point Trace ↗ Evidence inspector
Loading lineage… × Free-cash-flow proxy Q2 / 2026-05-31 $77.0M -19.8% sequential point Trace ↗ Evidence inspector
Loading lineage… × Gross margin Q2 / 2026-05-31 82.30% +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Interest expense Q1 / 2024-02-29 $7.3M -76.1% sequential point Trace ↗ Evidence inspector
Loading lineage… × Inventory FY / 2022-11-30 $5.0M +8.7% sequential point Trace ↗ Evidence inspector
Loading lineage… × Net income Q2 / 2026-05-31 $21.1M -7.6% sequential point Trace ↗ Evidence inspector
Loading lineage… × Operating cash flow Q2 / 2026-05-31 $78.8M -20.1% sequential point Trace ↗ Evidence inspector
Loading lineage… × Operating margin Q2 / 2026-05-31 17.83% +0.0% sequential point Trace ↗ Evidence inspector
Loading lineage… × Revenue Q2 / 2026-05-31 $253.5M +2.3% sequential point Trace ↗ Evidence inspector
Loading lineage… × Primary evidence Filing timeline Direct SEC links, filing dates, report periods, and amendment flags.
4 Aug 18, 2026 Period Aug 14, 2026 0000876167-26-000102SEC ↗ 4 Jul 30, 2026 Period Jul 29, 2026 0000876167-26-000100SEC ↗ 8-K Jul 22, 2026 Period Jul 22, 2026 0001552781-26-000390SEC ↗ 4 Jul 6, 2026 Period Jul 1, 2026 0000876167-26-000097SEC ↗ 4 Jul 6, 2026 Period Jul 2, 2026 0000876167-26-000095SEC ↗ 4 Jul 6, 2026 Period Jul 2, 2026 0000876167-26-000094SEC ↗ 4 Jul 6, 2026 Period Jul 2, 2026 0000876167-26-000093SEC ↗ Form 4 Insider activity Transaction semantics distinguish purchases, sales, awards, exercises, withholding, and derivatives.
“Insider purchase” rule Code P · non-derivative · acquired · direct ownership · positive price and shares · not amended
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