← PROGRESS SOFTWARE CORP /MA
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($55.7m) |
$37.4m
+167.14%
|
$63.5m
+69.68%
|
$26.4m
-58.42%
|
$79.7m
+201.98%
|
$78.4m
-1.63%
|
$95.1m
+21.23%
|
$70.2m
-26.16%
|
$68.4m
-2.51%
|
$73.1m
+6.86%
|
— | |
| Depreciation, Depletion and Amortization | $8.5m | $7.5m | $6.9m | $7.6m | $6.1m | $5.5m | $5.0m | $6.3m | $6.4m | $6.2m | $147.7m | |
| Amortization | $30.8m | $35.4m | $37.6m | $49.1m | $28.6m | — | — | — | — | — | $141.4m | |
| Amortization of Debt Issuance Costs | — | — | — | $0 | $0 | $986k | $2.1m | $2.1m | $3.5m | $5.8m | — | |
| Amortization of Intangible Assets | $28.2m | $33.1m | $36.0m | $48.1m | $27.9m | $46.9m | $68.9m | $96.6m | $94.5m | $145.5m | — | |
| Depreciation | $8.5m | $7.5m | $6.9m | $7.6m | $6.1m | $5.5m | $5.0m | $6.3m | $6.4m | $6.2m | $6.3m | |
| Deferred Income Tax Expense (Benefit) | $1.3m | $474k | $2.0m | ($14.9m) | ($2.6m) | ($908k) | ($7.6m) | ($28.6m) | ($7.8m) | ($23.4m) | ($18.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $22.5m | $14.2m | $20.6m | $23.3m | $23.5m | $29.7m | $37.1m | $40.5m | $46.8m | $64.8m | $72.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $4.0m | $3.8m | $4.0m | $4.3m | $5.3m | $5.2m | $7.8m | $12.4m | $17.2m | $15.2m | — | |
| Share-based Payment Arrangement, Expense | $22.5m | $14.2m | $20.6m | $23.3m | $23.5m | $29.7m | $37.1m | $40.5m | $46.8m | $64.8m | $72.3m | |
| Goodwill and Intangible Asset Impairment | — | $0 | $0 | $24.1m | $0 | $0 | — | — | — | — | — | |
| Goodwill, Impairment Loss | $92.0m | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $5.1m | — | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Nonoperating Income (Expense) | ($5.6m) | ($5.0m) | ($7.0m) | ($11.6m) | ($11.1m) | ($20.6m) | ($14.9m) | ($30.9m) | ($29.7m) | ($71.7m) | — | |
| Other Nonoperating Income (Expense) | $839k | $921k | $1.2m | $1.1m | $1.5m | $777k | $1.4m | $2.5m | $4.7m | $1.8m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($647k) | ($6.4m) | ($2.1m) | $24.7m | ($10.7m) | $11.0m | $27.3m | ($12.1m) | $45.9m | $46.6m | ($24.1m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | ($479k) | $46k | $262k | $546k | $164k | ($282k) | $774k | $488k | $544k | $4.5m | ($24.1m) | |
| Increase (Decrease) in Inventories | — | — | — | — | — | ($245k) | $1.6m | ($2.5m) | $0 | $0 | $0 | |
| Purchases of property and equipment, accrued but unpaid | $5.8m | $3.4m | $7.2m | $4.0m | $6.5m | $4.7m | $6.1m | $5.6m | $5.2m | $5.7m | ($8.5m) | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | $10.8m | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $102.8m |
$105.7m
+2.76%
|
$121.4m
+14.82%
|
$128.5m
+5.88%
|
$144.8m
+12.74%
|
$178.5m
+23.25%
|
$192.2m
+7.63%
|
$173.9m
-9.49%
|
$211.5m
+21.60%
|
$235.2m
+11.20%
|
$313.7m
+33.39%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.8m | $3.4m | $7.2m | $4.0m | $6.5m | $4.7m | $6.1m | $5.6m | $5.2m | $5.7m | ($8.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($370k) | ($416k) | ($390k) | ($376k) | ($1.0m) | ($7k) | $0 | $0 | — | — | — | |
| Cash, Cash Equivalents, and Short-term Investments | $249.8m | $183.6m | $139.5m | $173.7m | $106.0m | $157.4m | $256.3m | — | — | — | — | |
| Gain (Loss) on Sale of Investments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Investments | $41.7m | $40.4m | $8.3m | $10.6m | $5.0m | $0 | $0 | $15.3m | $0 | $0 | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $77.2m | $0 | $225.3m | $213.1m | $254.0m | $0 | $355.2m | $852.7m | $21.2m | ($20.0m) | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | — | — | — | — | — | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($21.0m) | ($87.8m) | $7.6m | ($208.4m) | ($207.3m) | ($250.3m) | $22.0m | ($360.4m) | ($857.9m) | ($26.9m) | ($28.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $9.4m | $11.2m | $6.2m | $5.3m | $11.3m | $117.3m | $6.9m | $6.9m | $261.2m | $0 | ($490.0m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | $0 | $185.0m | $98.5m | $0 | $7.5m | $195.0m | $730.0m | $0 | $360.0m | |
| Payments for Repurchase of Common Stock | $79.2m | $73.9m | $120.0m | $25.0m | $60.0m | $35.0m | $77.0m | $34.0m | $86.8m | $105.2m | — | |
| Dividends paid | — | $24.1m | $25.8m | $27.8m | $29.9m | $31.6m | $31.1m | $31.6m | $31.5m | $786k | ($495k) | |
| Dividends Payable, Current | $6.1m | $6.6m | $7.0m | $7.5m | $7.9m | $7.9m | $8.1m | $8.4m | $0 | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | ($82.2m) |
($103.3m)
-25.70%
|
($146.8m)
-42.06%
|
$130.3m
+188.77%
|
$3.1m
-97.64%
|
$132.1m
+4189.38%
|
($101.4m)
-176.77%
|
$51.2m
+150.47%
|
$640.8m
+1151.90%
|
($238.4m)
-137.20%
|
($284.3m)
-19.26%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($5.0m) | $11.8m | ($10.5m) | $49.1m | ($56.3m) | $57.4m | $100.9m | ($129.3m) | ($8.9m) | ($23.3m) | $102.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $154.3m | $98.0m | $155.4m | $256.3m | $127.0m | $118.1m | $94.8m | $102.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($5.0m) | $11.8m | ($10.5m) | ($1.3m) | $3.1m | ($2.9m) | ($11.9m) | $6.0m | ($3.3m) | $6.8m | $57k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $3.2m | $3.6m | $4.2m | $8.7m | $9.2m | $8.5m | $8.6m | $23.9m | $21.8m | $63.5m | — | |
| Income Taxes Paid, Net | $22.0m | $26.0m | $25.5m | $16.3m | $16.1m | $25.9m | $28.7m | $39.8m | $32.4m | $34.4m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.2m) | ($1.3m) | ($3.1m) | ($2.8m) | ($2.4m) | ($1.3m) | ($500k) | ($2.6m) | ($2.5m) | ($2.6m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $10.8m | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | $889k | $0 | $0 | — | — | — | — | |
| General and Administrative Expense | $46.5m | $45.7m | $49.0m | $53.4m | $54.0m | $65.1m | $77.9m | $83.2m | $89.5m | $108.2m | — | |
| Goodwill | $278.1m | $315.0m | $315.0m | $432.8m | $491.7m | $671.2m | $671.0m | $832.1m | $1.3b | $1.3b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $95.1m | $70.2m | $68.4m | $73.1m | — | |
| Income Tax Expense (Benefit) | $20.4m | $28.2m | $15.5m | $2.1m | $16.9m | $17.1m | $22.2m | $9.5m | $25.8m | $8.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $32.0m | $70.8m | — | |
| Operating Costs and Expenses | $125.9m | $108.5m | $102.5m | — | — | — | — | — | — | — | — | |
| Operating Expenses | $369.3m | $257.8m | $244.2m | $298.0m | $272.3m | $336.8m | $375.4m | $457.3m | $498.9m | $637.0m | — | |
| Operating Lease, Expense | — | — | — | — | $9.6m | $9.3m | $8.7m | — | — | — | — | |
| Restructuring Costs | $1.7m | $22.2m | $2.3m | $6.3m | $5.9m | $6.3m | $900k | $8.4m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.