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Progress Software Earnings Calls
| Release date | Jun 30, 2026 |
| EPS estimate | $1.49 |
| EPS actual | - |
| Revenue estimate | 242.744M |
| Revenue actual | - |
| Expected change | +/- 2.99% |
| Release date | Mar 30, 2026 |
| EPS estimate | $1.57 |
| EPS actual | $1.60 |
| EPS Surprise | 1.91% |
| Revenue estimate | 246.41M |
| Revenue actual | 247.799M |
| Revenue Surprise | 0.564% |
| Release date | Jan 20, 2026 |
| EPS estimate | $1.31 |
| EPS actual | $1.51 |
| EPS Surprise | 15.27% |
| Revenue estimate | 252.928M |
| Revenue actual | 252.666M |
| Revenue Surprise | -0.104% |
| Release date | Sep 29, 2025 |
| EPS estimate | $1.30 |
| EPS actual | $1.50 |
| EPS Surprise | 15.38% |
| Revenue estimate | 240.111M |
| Revenue actual | 249.795M |
| Revenue Surprise | 4.03% |
Last 4 Quarters for Progress Software
Below you can see how PRGS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Sep 29, 2025 |
| Price on release | $42.61 |
| EPS estimate | $1.30 |
| EPS actual | $1.50 |
| EPS surprise | 15.38% |
| Date | Price |
|---|---|
| Sep 23, 2025 | $40.98 |
| Sep 24, 2025 | $41.14 |
| Sep 25, 2025 | $41.20 |
| Sep 26, 2025 | $42.02 |
| Sep 29, 2025 | $42.61 |
| Sep 30, 2025 | $43.93 |
| Oct 01, 2025 | $45.22 |
| Oct 02, 2025 | $46.32 |
| Oct 03, 2025 | $46.17 |
| 4 days before | 3.98% |
| 4 days after | 8.35% |
| On release day | 3.10% |
| Change in period | 12.66% |
| Release date | Jan 20, 2026 |
| Price on release | $38.60 |
| EPS estimate | $1.31 |
| EPS actual | $1.51 |
| EPS surprise | 15.27% |
| Date | Price |
|---|---|
| Jan 13, 2026 | $42.19 |
| Jan 14, 2026 | $41.42 |
| Jan 15, 2026 | $40.92 |
| Jan 16, 2026 | $40.09 |
| Jan 20, 2026 | $38.60 |
| Jan 21, 2026 | $42.70 |
| Jan 22, 2026 | $42.75 |
| Jan 23, 2026 | $42.43 |
| Jan 26, 2026 | $42.89 |
| 4 days before | -8.51% |
| 4 days after | 11.11% |
| On release day | 10.62% |
| Change in period | 1.66% |
| Release date | Mar 30, 2026 |
| Price on release | $28.27 |
| EPS estimate | $1.57 |
| EPS actual | $1.60 |
| EPS surprise | 1.91% |
| Date | Price |
|---|---|
| Mar 24, 2026 | $28.76 |
| Mar 25, 2026 | $27.33 |
| Mar 26, 2026 | $29.17 |
| Mar 27, 2026 | $27.67 |
| Mar 30, 2026 | $28.27 |
| Mar 31, 2026 | $25.65 |
| Apr 01, 2026 | $25.09 |
| Apr 02, 2026 | $25.76 |
| Apr 06, 2026 | $28.40 |
| 4 days before | -1.70% |
| 4 days after | 0.460% |
| On release day | -9.27% |
| Change in period | -1.25% |
| Release date | Jun 30, 2026 |
| Price on release | - |
| EPS estimate | $1.49 |
| EPS actual | - |
| Date | Price |
|---|---|
| Jun 15, 2026 | $31.01 |
| Jun 16, 2026 | $31.38 |
| Jun 17, 2026 | $30.08 |
| Jun 18, 2026 | $29.68 |
| Jun 22, 2026 | $27.66 |
Progress Software Earnings Call Transcript Summary of Q1 2026
Progress Software reported a strong start to fiscal 2026: Q1 revenue of $248M (up 4% YoY), ARR of ~$863M (pro forma +2% YoY), net retention rate (NRR) of 99%, GAAP-like operating margin above 41%, EPS of $1.60 (+22% YoY), adjusted free cash flow of $99M and unlevered free cash flow of $111M. Management highlighted AI as a key growth and efficiency driver across the portfolio (product enhancements, customer use cases, and internal productivity gains), continued discipline on capital allocation (prioritizing investment, aggressive debt paydown, opportunistic buybacks, and disciplined M&A), and improving collections (DSO down to 52 days). During the quarter Progress paid $60M of debt and repurchased $20M of stock; net leverage was ~3.1x with plans to repay $250M of debt in FY26 and roll maturing convertible notes into the revolver. Guidance: Q2 revenue $240M–$246M, Q2 EPS $1.47–$1.53; FY26 revenue $988M–$1.00B (~1–2% growth), FY26 operating margin ~39%, adjusted free cash flow $263M–$275M, FY26 EPS $5.91–$6.03. Management characterized recent churn as isolated (customer- or regulatory-driven) and reiterated focus on ARR as the best topline metric.
