Progress Software Corp

Common Name

Progress Software

Country

United States

Sector

Technology

Industry

Software - Infrastructure

Employees

2,815

Ticker

PRGS

Exchange

NASDAQ/NGS

Website

www.progress.com

Description

Progress Software Corporation is a global leader in the development and deployment of business applications. Specializing in offering high-impact technological solutions, Progress Software provides bu... Show more

Financial Statements of Progress Software

Below are the financial statements of Progress Software, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	118.08^a	126.96^a
Accounts receivable (less allowances of $749 and $851, respectively)	163.58^a	125.83^a
Unbilled receivables	34.67^a	29.97^a
Other current assets	52.49^a	48.04^a
Total current assets	368.81^a	330.79^a
Assets	—	—
Long-term unbilled receivables	28.89^a	28.37^a
Property and equipment, net	13.75^a	15.23^a
Intangible assets, net	723.57^a	354.28^a
Goodwill	1,292.18^a	832.1^a
Right-of-use lease assets	30.89^a	18.71^a
Deferred tax assets	56.18^a	15.05^a
Other assets	12.69^a	8.26^a
Total assets	2,526.97^a	1,602.78^a
Current liabilities	—	—
Current portion of long-term debt, net	0^a	13.11^a
Accounts payable	13.91^a	12.37^a
Accrued compensation and related payroll taxes	64.67^a	49.56^a
Dividends payable to stockholders	0^a	8.38^a
Short-term operating lease liabilities	9.2^a	10.11^a
Other accrued liabilities	35.22^a	22.5^a
Short-term deferred revenue, net	332.14^a	236.09^a
Total current liabilities	455.15^a	352.12^a
Liabilities and stockholders’ equity	—	—
Long-term debt, net	730^a	356.11^a
Convertible senior notes, net	796.27^a	354.77^a
Long-term operating lease liabilities	26.26^a	13^a
Long-term deferred revenue, net	72.27^a	58.95^a
Deferred tax liabilities	2.28^a	3.57^a
Other noncurrent liabilities	5.96^a	4.55^a
Stockholders’ equity	—	—
Preferred stock	0^a	0^a
Common stock	0.43^a	0.44^a
Additional paid-in capital	354.16^a	370.58^a
Retained earnings	120.41^a	120.86^a
Accumulated other comprehensive loss	-36.21^a	-32.16^a
Total stockholders’ equity	438.79^a	459.72^a
Total liabilities and stockholders’ equity	2,526.97^a	1,602.78^a

Verified Sources Behind Progress Software’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Progress Software’s data sources below and access millions more through our Disclosure Search.

a. Progress Software's 10-K 2024

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Progress Software Corp

Financial Statements of Progress Software

Verified Sources Behind Progress Software’s Financial Fundamentals Data

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