Progress Software Corp
NASDAQ:PRGS

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Progress Software Corp
NASDAQ:PRGS
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Price: 68.635 USD -0.14%
Market Cap: 2.9B USD
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Gross Margin
Progress Software Corp

82.2%
Current
84%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
82.2%
=
Gross Profit
587.8m
/
Revenue
715.4m

Gross Margin Across Competitors

Country US
Market Cap 2.9B USD
Gross Margin
82%
Country US
Market Cap 3.1T USD
Gross Margin
69%
Country US
Market Cap 535.8B USD
Gross Margin
71%
Country US
Market Cap 218.1B USD
Gross Margin
79%
Country US
Market Cap 124.6B USD
Gross Margin
74%
Country US
Market Cap 89.1B USD
Gross Margin
75%
Country US
Market Cap 70.5B USD
Gross Margin
80%
Country US
Market Cap 58B EUR
Gross Margin
81%
Country US
Market Cap 54.6B USD
Gross Margin
0%
Country US
Market Cap 32B USD
Gross Margin
78%
Country IL
Market Cap 19.8B USD
Gross Margin
88%
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Progress Software Corp
Glance View

Market Cap
2.9B USD
Industry
Technology

Progress Software Corp. is a global software company, which engages in the provision of a products that develops and deploys mission-critical business applications. The company is headquartered in Burlington, Massachusetts and currently employs 2,103 full-time employees. Its product category includes digital experience, Devops, Infrastructure Monitoring, UI/UX Tools, Secure File Transfer, Secure Data Connectivity and Integration, Mission- Critical App Platform and Intelligent Decisioning. Its services consist of consulting, education, modernization and outsourcing. Its products are sold as perpetual licenses and its cloud-based offerings use a subscription-based model. Its indirect channel partners are independent software vendors (ISVs), original equipment manufacturers (OEMs), distributors and resellers. The company operates in the North America and Latin America (the Americas), Europe, the Middle East and Africa (EMEA) and the Asia Pacific region, through local subsidiaries as well as independent distributors.

PRGS Intrinsic Value
91.73 USD
Undervaluation 25%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
82.2%
=
Gross Profit
587.8m
/
Revenue
715.4m
What is the Gross Margin of Progress Software Corp?

Based on Progress Software Corp's most recent financial statements, the company has Gross Margin of 82.2%.