Progress Software Reports 18% Revenue Growth in Q4, Shares Up 10.62%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Should l Buy PRGS?
Source: Fool
- Strong Financial Performance: Progress Software reported an 18% year-over-year revenue increase to $253 million in Q4, demonstrating the company's ability to sustain growth in an AI-driven market, thereby solidifying its market position.
- Significant Profit Surge: Operating income soared 78% to $38.4 million, with operating margin rising by 5 percentage points to 15%, indicating substantial improvements in cost control and profitability, which bolstered investor confidence.
- 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.
- Optimistic Future Outlook: The company projects revenue between $986 million and $1 billion for fiscal 2026, with earnings per share expected to reach $1.74 to $1.91, showcasing management's confidence in future growth and attracting further investor interest.
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Analyst Views on PRGS
Wall Street analysts forecast PRGS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRGS is 45.00 USD with a low forecast of 45.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 41.410
Low
45.00
Averages
45.00
High
45.00
Current: 41.410
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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- Strong Financial Performance: Progress Software reported an 18% year-over-year revenue increase to $253 million in Q4, demonstrating the company's ability to sustain growth in an AI-driven market, thereby solidifying its market position.
- Significant Profit Surge: Operating income soared 78% to $38.4 million, with operating margin rising by 5 percentage points to 15%, indicating substantial improvements in cost control and profitability, which bolstered investor confidence.
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- Significant Profit Surge: Operating income soared 78% to $38.4 million, with operating margin rising by 5 percentage points to 15%, indicating substantial improvements in cost control and profitability, which bolstered investor confidence.
- 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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- High Demand for Call Options: Notably, the $20 strike call option expiring on March 20, 2026, saw a trading volume of 18,026 contracts today, representing about 1.8 million underlying shares, suggesting heightened investor expectations for BTDR's stock price appreciation.
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