Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
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Price: 66.38 USD 0.7% Market Closed
Market Cap: 2.8B USD
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Progress Software Corp
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Progress Software Corp
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Progress Software Corp
NASDAQ:PRGS
Operating Expenses
-$447.9m
CAGR 3-Years
-13%
CAGR 5-Years
-12%
CAGR 10-Years
-8%
Oracle Corp
NYSE:ORCL
Operating Expenses
-$21.9B
CAGR 3-Years
-8%
CAGR 5-Years
-5%
CAGR 10-Years
-3%
ServiceNow Inc
NYSE:NOW
Operating Expenses
-$7B
CAGR 3-Years
-20%
CAGR 5-Years
-23%
CAGR 10-Years
-30%
Fortinet Inc
NASDAQ:FTNT
Operating Expenses
-$2.9B
CAGR 3-Years
-18%
CAGR 5-Years
-19%
CAGR 10-Years
-21%
Microsoft Corp
NASDAQ:MSFT
Operating Expenses
-$63.2B
CAGR 3-Years
-10%
CAGR 5-Years
-9%
CAGR 10-Years
-7%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Operating Expenses
-$2.8B
CAGR 3-Years
-38%
CAGR 5-Years
-46%
CAGR 10-Years
N/A
No Stocks Found

Progress Software Corp
Glance View

Market Cap
2.8B USD
Industry
Technology

Progress Software Corp. is a pioneering player in the software industry, carving out its niche by providing businesses with the building blocks necessary for digital transformation. Founded in 1981, the Massachusetts-based company has evolved in harmony with the ever-changing tech landscape. At its core, Progress Software offers robust cloud and hybrid deployment tools that empower developers to create, deploy, and manage complex applications with ease. By offering an array of products such as application development platforms, data connectivity solutions, and application management tools, Progress caters to the dynamic needs of businesses that seek to enhance efficiency and innovate swiftly. These offerings serve multiple sectors from finance to healthcare, enabling enterprises to integrate powerful functionalities into their operations without starting from scratch. The company's revenue streams are as multifaceted as its product offerings. Primarily, Progress Software generates income through software license fees, subscriptions, maintenance, and support services. As businesses increasingly prioritize digital agility, the recurring nature of its subscription and support revenues has proved pivotal, offering not just growth but also financial predictability. Moreover, strategic acquisitions have bolstered its product suite, cementing its role as a comprehensive solution provider. By consistently updating its technologies to remain at the forefront of trends such as artificial intelligence and machine learning, Progress ensures its clients can adapt to future challenges, thus maintaining its significance in a tech-driven world. In essence, Progress Software thrives by being the architect of digital frameworks that foster innovation across industries.

PRGS Intrinsic Value
99.87 USD
Undervaluation 34%
Intrinsic Value
Price

See Also

What is Progress Software Corp's Operating Expenses?
Operating Expenses
-447.9m USD

Based on the financial report for Aug 31, 2024, Progress Software Corp's Operating Expenses amounts to -447.9m USD.

What is Progress Software Corp's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-8%

Over the last year, the Operating Expenses growth was -6%. The average annual Operating Expenses growth rates for Progress Software Corp have been -13% over the past three years , -12% over the past five years , and -8% over the past ten years .

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