PRGS · Progress Software Corp
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Sep 30, 2026TL;DR. Progress Software beat Q3 EPS expectations and closed the $400M Domo acquisition, raising full-year revenue and EPS guidance; FY27 is expected to see ~100–200 bps operating margin compression from Domo integration plus ~$21M of incremental interest expense.
- + Q3 non-GAAP EPS of $1.69 exceeded the high end of guidance of $1.53–$1.59.
- + Q3 operating margin expanded 300 bps year-over-year to 43%, with adjusted free cash flow up 17%.
- + Closed Domo AI/data platform acquisition at attractive ~1.4x steady-state revenue and ~3.5x pro forma EBITDA.
- + Domo expected to add well over $100M of annual EBITDA once fully integrated by end of FY27, with earnings contribution exceeding incremental interest cost.
- + Aggressive balance sheet management with $170M YTD debt repayment and $131M remaining buyback authorization.
- − Q3 revenue of $246M declined 2% year-over-year, both actual and constant currency.
- − Domo steady-state revenue expected to decline to $280–$290M from current ~$300M run-rate due to seat-based churn and services wind-down.
- − FY27 to absorb ~$21M of incremental interest expense from the $390M revolver draw to fund Domo.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted free cash flow non-GAAP | 87.16M | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Free cash flow 86.32M
+845K Add back: restructuring payments
= Adjusted free cash flow 87.16M
|
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| ARR | 873M | Q3 FY2026 | — |
| Days sales outstanding | 42 | Q3 FY2026 | — |
| Non-GAAP operating margin non-GAAP | 43% | Q3 FY2026 | — |
| NRR non-GAAP | 99% | Q3 2026 | — |
| Unlevered free cash flow non-GAAP | 100.69M | Q3 FY2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted free cash flow 87.16M
+13.53M Add back: tax-effected interest expense
= Unlevered free cash flow 100.69M
|
|||
| Days sales outstanding (DSO) | 49 | the second quarter of fiscal year 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
PRGS
this stock
Progress Software Corp
|
$1.89B | +7.8% | -1.9% | 21.3 | 11.5% |
|
MSFT
Microsoft Corp
|
$3.95T | +10.1% | +6.9% | 29.7 | 0.9% |
|
PLTR
Palantir Technologies Inc.
|
$477.82B | +11.9% | +56.2% | 170.0 | 2.3% |
|
ORCL
Oracle Corp
|
$381.17B | -35.3% | +17.3% | 19.8 | 1.6% |
|
PANW
Palo Alto Networks Inc
|
$319.40B | +112.0% | +29.0% | — | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Sep 30, 2026
- This year
- 15
Progress Software Corporation reported third-quarter revenue of 246,005 (in thousands) and nine-month revenue of 747,269 (in thousands), while ARR reached $873 million. It is acquiring Domo for approximately $400 million.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| PRGS | +9.6% | +17.5% | +59.4% | +15.9% | +7.8% |
| SPY | -0.1% | 0.0% | +5.8% | +0.4% | +12.2% |
| vs SPY | +9.8% | +17.5% | +53.6% | +15.5% | -4.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.