
Company Profile
Progress Software can help you make significant headway when managing and deploying business applications. The company's platform-as-a-service PaaS) software is used for tasks such as business process management, application integration, data management and analysis, and application development and deployment. The company's products are typically sold as perpetual licenses, but certain products makes use of term licensing models and cloud-based offerings use a subscription-based model. Progress serves over 1,700 independent software vendors, 100,000 enterprise customers and three million developers in more than 180 countries.
United States
Progress Software can help you make significant headway when managing and deploying business applications. The company's platform-as-a-service PaaS) software is used for tasks such as business process management, application integration, data management and analysis, and application development and deployment. The company's products are typically sold as perpetual licenses, but certain products makes use of term licensing models and cloud-based offerings use a subscription-based model. Progress serves over 1,700 independent software vendors, 100,000 enterprise customers and three million developers in more than 180 countries.
Financial Statements
Financial data as of November 30, 2020 (12 month period) in USD
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Cash Flow (mil) | 2020 | 2019 | 2018 |
---|---|---|---|
Net Operating Cash | $144.85 | $128.48 | $121.35 |
Net Investing Cash | -$207.29 | -$208.38 | $7.59 |
Net Financing Cash | $3.08 | $130.29 | -$146.77 |
Net Change in Cash | -$59.37 | $50.4 | -$17.83 |
Cash at Beginning of Period | $154.26 | $105.13 | $133.46 |
Cash at End of Period | $97.99 | $154.26 | $105.13 |
Capital Expenditure | -$6.52 | -$4 | -$7.25 |
Assets (mil) | 2020 | 2019 | 2018 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $97.99 | $154.26 | $105.13 |
Accounts Receivable | $84.04 | $72.82 | $59.72 |
Inventories | $ | $ | $ |
Other Current Assets | $56.9 | $57.59 | $66.66 |
Asset Summary | |||
TOTAL CURRENT ASSETS | $238.94 | $284.67 | $231.5 |
Tangible Fixed Assets | $60.45 | $29.77 | $30.71 |
Intangible Assets | $212.75 | $99.39 | $58.92 |
Total Assets | $1,041.78 | $881.27 | $644.15 |
Liabilities (mil) | 2020 | 2019 | 2018 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $9.98 | $10.6 | $10.59 |
Short-Term Debt | $18.24 | $10.72 | $5.82 |
Other Current Liabilities | $234.32 | $219.56 | $169.62 |
Liability Summary | |||
Total Current Liabilities | $262.54 | $240.88 | $186.03 |
Long-Term Debt | $364.26 | $284 | $110.27 |
Other Long-Term Liabilities | $15.09 | $6.35 | $5.32 |
Total Liabilities | $695.77 | $550.99 | $320.15 |
Stakeholder's Equity (mil) | 2020 | 2019 | 2018 |
---|---|---|---|
Equity | |||
Common Stock | $0.44 | $0.45 | $0.45 |
Retained Earnings | $72.55 | $64.3 | $85.12 |
Equity Summary | |||
Total Equity | $346.01 | $330.28 | $324 |
Shares Outstanding | 44,240,635 | 45,036,441 | 45,114,935 |
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Company Snapshot
Essential information for a successful call
-
EMPLOYEES (This Site)
410
-
EMPLOYEES (All Sites)
1,796
- ASSETS (MIL USD) 1,042
-
REVENUE (MIL USD)
442.15
- TICKER SYMBOL PRGS
- Year Started 1981
- Incorporated 2015
- FISCAL YEAR END NOV
- SALES GROWTH % 6.98%
- NET INCOME GROWTH 201.98%

Get in Touch with 7 Principals* and 255 Contacts
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Yogesh GuptaPresident and Chief Executive Officer
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YOGESH K GUPTAPresident and Chief Executive Officer
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JOHN R EGANChairman of the Board
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ANTHONY FOLGERChief Financial Officer
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