Progress Software Corporation

Progress Software Corporationverified

PRGS

Price:

$31.47

Market Cap:

$1.32B

Progress Software Corporation (PRGS) specializes in providing technology solutions that enable businesses to create, launch, and oversee their software applications. The company's extensive product suite includes: OpenEdge, a powerful development platform used to construct secure, multi-language applications that can be deployed across diverse platforms, devices, and cloud infrastructures. A comprehensive set of developer tools offering user interface (UI) components for building web, mobile, desktop, chat, and augmented/virtual reality (AR/VR) applications, alongside automated testing and reporting utilities. Sitefinity, which serves as a unified platform for managing web content and perfor...[Read more]

Industry

Software - Application

IPO Date

1991-07-30

Stock Exchange

NASDAQ

Ticker

PRGS

The Enterprise Value as of June 2026 (TTM) for Progress Software Corporation (PRGS) is 2.08B

According to Progress Software Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 2.08B. This represents a change of -33.21% compared to the average of 3.12B of the last 4 quarters.

Progress Software Corporation (PRGS) Historical Enterprise Value (quarterly & annually)

How has PRGS Enterprise Value performed in the past?

The mean historical Enterprise Value of Progress Software Corporation over the last ten years is 2.43B. The current 2.08B Enterprise Value has changed 8.46% with respect to the historical average. Over the past ten years (40 quarters), PRGS's Enterprise Value was at its highest in in the November 2024 quarter at 4.40B. The Enterprise Value was at its lowest in in the May 2016 quarter at 1.27B.

Quarterly (TTM)
Annual

Average

2.43B

Median

2.34B

Minimum

1.39B

Maximum

4.40B

Progress Software Corporation (PRGS) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Progress Software Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 48.74%

Maximum Annual Enterprise Value = 4.40B

Minimum Annual Increase = -41.87%

Minimum Annual Enterprise Value = 1.39B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20252.56B-41.87%
20244.40B48.74%
20232.96B9.56%
20222.70B5.41%
20212.56B21.02%
20202.12B4.76%
20192.02B25.37%
20181.61B-18.46%
20171.98B42.70%
20161.39B21.50%

Progress Software Corporation (PRGS) Average Enterprise Value

How has PRGS Enterprise Value performed in the past?

The current Enterprise Value of Progress Software Corporation (PRGS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.31B

5-year avg

3.04B

10-year avg

2.43B

Progress Software Corporation (PRGS) Enterprise Value vs. Peers

How is PRGS’s Enterprise Value compared to its peers?

Progress Software Corporation’s Enterprise Value is greater than DoubleVerify Holdings, Inc. (1.49B), greater than ePlus inc. (1.78B), greater than Sprinklr, Inc. (1.20B), greater than Ivanhoe Electric Inc. (1.49B), greater than Porch Group, Inc. (1.35B), greater than Jamf Holding Corp. (1.97B), less than EVERTEC, Inc. (2.46B), less than Adeia Inc. (3.50B), greater than Lightspeed Commerce Inc. (890.07M), less than NetScout Systems, Inc. (2.41B),

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Frequently asked questions❓

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