Progress Software Corporation

NasdaqGS:PRGS Stock Report

Market Cap: US$2.0b

Progress Software Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Yogesh Gupta

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage6.01%
CEO tenure9yrs
CEO ownership0.6%
Management average tenure5.8yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

Progress Software: The Growth Paradox Makes It A Hold

Oct 01

Why We're Not Concerned About Progress Software Corporation's (NASDAQ:PRGS) Share Price

Jul 21
Why We're Not Concerned About Progress Software Corporation's (NASDAQ:PRGS) Share Price

Is Progress Software Corporation (NASDAQ:PRGS) Trading At A 50% Discount?

Apr 24
Is Progress Software Corporation (NASDAQ:PRGS) Trading At A 50% Discount?

Is Progress Software (NASDAQ:PRGS) A Risky Investment?

Mar 27
Is Progress Software (NASDAQ:PRGS) A Risky Investment?

Progress Software Corporation's (NASDAQ:PRGS) Share Price Not Quite Adding Up

Mar 03
Progress Software Corporation's (NASDAQ:PRGS) Share Price Not Quite Adding Up

Progress Software Q4 Earnings Preview: Underappreciated For Its Earnings Power

Jan 19

At US$68.73, Is It Time To Put Progress Software Corporation (NASDAQ:PRGS) On Your Watch List?

Nov 22
At US$68.73, Is It Time To Put Progress Software Corporation (NASDAQ:PRGS) On Your Watch List?

Progress Software Corporation (NASDAQ:PRGS) Not Flying Under The Radar

Nov 07
Progress Software Corporation (NASDAQ:PRGS) Not Flying Under The Radar

Progress Software's (NASDAQ:PRGS) Earnings Seem To Be Promising

Oct 15
Progress Software's (NASDAQ:PRGS) Earnings Seem To Be Promising

Progress Software Q3 Earnings: This Stock Is Ready To Move Higher

Sep 25
User avatar

ShareFile Acquisition To Catapult Digital Experience Leader Into A New Era Of Growth And Profitability

The acquisition of ShareFile is poised to significantly boost Progress Software's revenue and ARR by expanding digital experience offerings and leveraging a loyal customer base.

Progress Software Is Investing In Its Long-Term Position In AI

Sep 10

An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 49% Undervalued

Aug 30
An Intrinsic Calculation For Progress Software Corporation (NASDAQ:PRGS) Suggests It's 49% Undervalued

Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Aug 06
Progress Software's (NASDAQ:PRGS) Dividend Will Be $0.175

Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175

Jul 23
Progress Software (NASDAQ:PRGS) Will Pay A Dividend Of $0.175

Progress Software Boosts Outlook Amid Market Challenges

Jul 05

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Jun 29
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Market Participants Recognise Progress Software Corporation's (NASDAQ:PRGS) Earnings

Jun 19
Market Participants Recognise Progress Software Corporation's (NASDAQ:PRGS) Earnings

What Does Progress Software Corporation's (NASDAQ:PRGS) Share Price Indicate?

May 27
What Does Progress Software Corporation's (NASDAQ:PRGS) Share Price Indicate?

Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Apr 22
Progress Software (NASDAQ:PRGS) Has Affirmed Its Dividend Of $0.175

Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175

Apr 01
Progress Software (NASDAQ:PRGS) Has Announced A Dividend Of $0.175

Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 29
Results: Progress Software Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?

Mar 13
Does Progress Software (NASDAQ:PRGS) Have A Healthy Balance Sheet?

Progress Software's Balance Sheet Weakness Stands Out, But The Stock Looks Undervalued

Mar 11

CEO Compensation Analysis

How has Yogesh Gupta's remuneration changed compared to Progress Software's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2025n/an/a

US$49m

May 31 2025n/an/a

US$58m

Feb 28 2025n/an/a

US$57m

Nov 30 2024US$10mUS$623k

US$68m

Aug 31 2024n/an/a

US$83m

May 31 2024n/an/a

US$73m

Feb 29 2024n/an/a

US$69m

Nov 30 2023US$9mUS$599k

US$70m

Aug 31 2023n/an/a

US$79m

May 31 2023n/an/a

US$81m

Feb 28 2023n/an/a

US$98m

Nov 30 2022US$7mUS$575k

US$95m

Aug 31 2022n/an/a

US$86m

May 31 2022n/an/a

US$95m

Feb 28 2022n/an/a

US$80m

Nov 30 2021US$6mUS$575k

US$78m

Aug 31 2021n/an/a

US$81m

May 31 2021n/an/a

US$74m

Feb 28 2021n/an/a

US$78m

Nov 30 2020US$5mUS$575k

US$80m

Aug 31 2020n/an/a

US$57m

May 31 2020n/an/a

US$47m

Feb 29 2020n/an/a

US$38m

Nov 30 2019US$5mUS$575k

US$26m

Aug 31 2019n/an/a

US$40m

May 31 2019n/an/a

US$41m

Feb 28 2019n/an/a

US$45m

Nov 30 2018US$5mUS$575k

US$50m

Compensation vs Market: Yogesh's total compensation ($USD10.37M) is above average for companies of similar size in the US market ($USD5.51M).

Compensation vs Earnings: Yogesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Yogesh Gupta (64 yo)

9yrs
Tenure
US$10,374,886
Compensation

Mr. Yogesh K. Gupta served as Independent Director at Blackbaud, Inc. since December 8, 2022 until September 11, 2025. He joined Blackbaud, Inc. since December 8, 2022. He has been the Chief Executive Offi...


Leadership Team

NamePositionTenureCompensationOwnership
Yogesh Gupta
CEO, President & Director9yrsUS$10.37m0.57%
$ 11.3m
Anthony Folger
Executive VP & CFO5.8yrsUS$3.84m0.099%
$ 2.0m
John Ainsworth
Executive VP and GM of Application & Data Platform8.8yrsUS$2.20m0.12%
$ 2.3m
Loren Jarrett
Executive VP & GM of Digital Experience6.3yrsUS$2.19m0.032%
$ 638.7k
Sundar Subramanian
Executive VP & GM of Infrastructure Management6.2yrsUS$2.19m0.071%
$ 1.4m
Ian Pitt
Executive VP & Chief Information Officer4.2yrsno data0.018%
$ 359.2k
Michael Micciche
Senior Vice President of Investor Relationsno datano datano data
YuFan Wang
Executive VP3.1yrsno data0.0016%
$ 30.9k
Jennifer Ortiz
Executive Vice President of Marketing6yrsno datano data
Jeremy Segal
Executive Vice President of Corporate Development5.4yrsUS$1.59mno data
Amanda Arria
Chief People Officer1yrno datano data
Ed Keisling
Chief AI Officerless than a yearno datano data
5.8yrs
Average Tenure
53yo
Average Age

Experienced Management: PRGS's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yogesh Gupta
CEO, President & Director9yrsUS$10.37m0.57%
$ 11.3m
Michael Mark
Non-Voting Director Emeritus and Advisor to President & CEO7.4yrsUS$280.01kno data
John Egan
Independent Non-Executive Chairman of the Board14.1yrsUS$360.04kno data
Paul Dacier
Independent Director8.3yrsUS$287.54kno data
David Krall
Independent Director17.7yrsUS$300.04k0.12%
$ 2.3m
Charles Kane
Independent Director18.9yrsUS$315.04k0.16%
$ 3.3m
Vivian Vitale
Independent Director6yrsUS$300.04kno data
Angela Tucci
Independent Director7.7yrsUS$305.04kno data
Rainer Gawlick
Independent Director8.3yrsUS$310.04k0.0063%
$ 125.2k
Samskriti King
Independent Director7.7yrsUS$320.04kno data
8.3yrs
Average Tenure
66yo
Average Age

Experienced Board: PRGS's board of directors are considered experienced (8.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 03:24
End of Day Share Price 2025/10/06 00:00
Earnings2025/08/31
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Progress Software Corporation is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark SchappelBenchmark Company
Matthew GalinkoB. Riley Wealth
Tony FigueiredoCFRA Research