Progress Software Q4 Non-GAAP EPS Beats Expectations, Revenue Grows 17.5% YoY
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Should l Buy PRGS?
Source: seekingalpha
- Earnings Beat: Progress Software reported a Q4 non-GAAP EPS of $1.51, exceeding expectations by $0.20, which reflects a strong improvement in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved Q4 revenue of $252.66 million, marking a 17.5% year-over-year increase, aligning with market expectations and indicating stable performance and growth potential.
- Stock Price Surge: Shares rose by 7.77% in after-hours trading, reflecting a positive investor reaction to the earnings report, which may further enhance the company's market performance in the future.
- Intense Competitive Landscape: While Agentic AI shows promising prospects, the company faces fierce competition, necessitating ongoing innovation and strategic efforts to maintain its growth momentum.
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Analyst Views on PRGS
Wall Street analysts forecast PRGS stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 35.660
Low
45.00
Averages
45.00
High
45.00
Current: 35.660
Low
45.00
Averages
45.00
High
45.00
About PRGS
Progress Software Corporation is a provider of artificial intelligence (AI)-powered digital experience and infrastructure software. The Company provides software products that enable its customers to develop, deploy and manage responsible AI-powered applications and digital experiences. It also offers retrieval-augmented generation (RAG) -as-a-service products, enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI. Its products include Sitefinity, Corticon, MOVEit, ShareFile, Podio, Kendo UI, Telerik, Kemp LoadMaster, Flowmon, WhatsUp Gold, Chef Infrastructure Management, Chef Desktop, Chef App Delivery, MarkLogic, Semaphore, OpenEdge, DataDirect Connectors, Hybrid Data Pipeline, OpenAccess, and MOVEit Cloud. Corticon is a decision automation platform that transforms user experiences by streamlining and automating complex business rules without having to code.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Cash Flow Growth: Operating cash flow skyrocketed 220% to $62.8 million, reflecting the company's success in financial management and operational efficiency, which is expected to provide strong support for future investments and expansions.
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- Active Call Options Trading: The $47.50 strike call option expiring on February 20, 2026, recorded a trading volume of 2,192 contracts today, representing approximately 219,200 underlying shares, indicating optimistic sentiment among investors regarding PRGS's future performance.
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