$42.86
-0.87-1.99%
At close: Aug 17, 5:00 PM EST
$42.86
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After Hours: 4:00 PM EST
Progress Software Corp
PRGSNASDAQ
Progress Software Earnings & Forecasts
Progress Software (PRGS) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Progress Software Guidance
Progress Software (PRGS) last issued guidance on June 30, 2026 for fiscal year 2026. The company guided earnings per share in the range of $6.09 - $6.21, compared to a consensus EPS estimate of $5.72. Progress Software also guided revenue in the range of $990M - $1B for the period.
Compared to prior guidance, Progress Software raised its EPS outlook from a previous range of $5.91 - $6.03. On the revenue side, the company maintained its revenue forecast from a prior range of $988M - $1B.
Progress Software has issued 33 guidance updates between September 27, 2022 and June 30, 2026. During this period, the company raised its outlook 13 times and lowered it 13 times, providing investors with insight into management's evolving expectations.
Recent Earnings Results
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $1.42 | $1.41 | $1.20 | $1.19 |
| Actual | $1.62 | $1.60 | $1.51 | $1.50 |
| Surprise | +14.1% | +13.5% | +25.8% | +26.1% |
| Revenue | ||||
| Estimate | $242.5M | $246.0M | $252.8M | $240.2M |
| Actual | $253.5M | $247.8M | $252.7M | $249.8M |
| Surprise | +4.51% | +0.71% | -0.05% | +3.99% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.44 | $1.36 | $1.21 | $1.20 |
| Revenue | ||||
| Consensus | $247.1M | $249.8M | — | — |
