← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $405.3m |
$397.6m
-1.92%
|
$397.2m
-0.10%
|
$413.3m
+4.06%
|
$442.1m
+6.98%
|
$531.3m
+20.17%
|
$602.0m
+13.31%
|
$694.4m
+15.35%
|
$753.4m
+8.49%
|
$977.8m
+29.79%
|
$1.0b
+2.65%
|
|
| Cost of Revenue | $65.7m |
$69.2m
+5.25%
|
$67.0m
-3.16%
|
$75.2m
+12.35%
|
$62.1m
-17.45%
|
$78.4m
+26.30%
|
$94.5m
+20.46%
|
$126.6m
+33.95%
|
$130.5m
+3.09%
|
$187.6m
+43.76%
|
$182.8m
-2.55%
|
|
| Gross Profit | $339.6m |
$328.4m
-3.30%
|
$330.2m
+0.54%
|
$338.1m
+2.38%
|
$380.0m
+12.42%
|
$452.9m
+19.16%
|
$507.5m
+12.07%
|
$567.9m
+11.89%
|
$622.9m
+9.70%
|
$790.2m
+26.86%
|
$820.9m
+3.88%
|
|
| Selling and Marketing Expense | $121.5m | $96.3m | $93.0m | $101.7m | $100.1m | $125.9m | $140.8m | $156.1m | $164.6m | $211.0m | $332.1m | |
| General and Administrative Expense | $46.5m | $45.7m | $49.0m | $53.4m | $54.0m | $65.1m | $77.9m | $83.2m | $89.5m | $108.2m | $115.7m | |
| Amortization of Intangible Assets | $28.2m | $33.1m | $36.0m | $48.1m | $27.9m | $46.9m | $68.9m | $96.6m | $94.5m | $145.5m | — | |
| 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 | — | — | — | |
| 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 | $634.9m | |
| Operating Income (Loss) | ($29.7m) |
$70.6m
+337.69%
|
$86.0m
+21.79%
|
$40.1m
-53.39%
|
$107.7m
+168.76%
|
$116.1m
+7.77%
|
$132.1m
+13.81%
|
$110.5m
-16.35%
|
$124.0m
+12.20%
|
$153.3m
+23.62%
|
$186.0m
+21.37%
|
|
| Interest Expense, Debt | — | — | — | — | — | $10.5m | $5.7m | $5.7m | — | — | $65.4m | |
| 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) | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | $839k | $921k | $1.2m | $1.1m | $1.5m | $777k | $1.4m | $2.5m | $4.7m | $1.8m | — | |
| Interest Expense (non-operating) | $4.2m | $4.6m | $5.1m | $9.9m | $10.2m | $20.0m | $15.8m | $30.8m | $32.0m | $70.8m | $65.4m | |
| Nonoperating Income (Expense) | ($5.6m) | ($5.0m) | ($7.0m) | ($11.6m) | ($11.1m) | ($20.6m) | ($14.9m) | ($30.9m) | ($29.7m) | ($71.7m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $78.5m | $77.4m | $75.7m | ($11.8m) | $83.3m | $80.5m | $103.9m | $70.7m | $73.7m | $59.9m | $107.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($35.3m) | $65.6m | $79.0m | $28.5m | $96.6m | $95.5m | $117.3m | $79.7m | $94.3m | $81.6m | $107.6m | |
| Current Income Tax Expense (Benefit) | $19.1m | $27.7m | $13.5m | $17.0m | $19.5m | $18.0m | $29.8m | $38.1m | $33.6m | $31.9m | $18.6m | |
| Income Tax Expense (Benefit) | $20.4m | $28.2m | $15.5m | $2.1m | $16.9m | $17.1m | $22.2m | $9.5m | $25.8m | $8.5m | $18.6m | |
| Net Income (Loss) Attributable to Parent | ($55.7m) | $37.4m | $63.5m | $26.4m | $79.7m | $78.4m |
$95.1m
+21.23%
|
$70.2m
-26.16%
|
$68.4m
-2.51%
|
$73.1m
+6.86%
|
$89.0m
+21.76%
|
|
| Earnings Per Share, Basic | ($1.13) | $0.78 | $1.39 | $0.59 | $1.78 | $1.79 | $2.19 | $1.62 | $1.58 | $1.70 | $2.09 | |
| Earnings Per Share, Diluted | ($1.13) | $0.77 | $1.38 | $0.58 | $1.76 | $1.76 | $2.15 | $1.57 | $1.54 | $1.66 | $2.06 | |
| Common Stock, Dividends, Per Share, Declared | $0.12 | $0.52 | $0.57 | $0.63 | $0.67 | $0.70 | $0.70 | $0.70 | $0.53 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 49.5m | 48.1m | 45.6m | 44.8m | 44.9m | 43.9m | 43.5m | 43.5m | 43.3m | 43.0m | 42.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 49.5m | 48.5m | 46.1m | 45.3m | 45.3m | 44.6m | 44.2m | 44.7m | 44.4m | 44.0m | 43.0m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $1.2m | $1.5m | $258k | $1.7m | $3.6m | $4.1m | $4.6m | $4.7m | $17.1m | $5.3m | — | |
| Goodwill, Impairment Loss | $92.0m | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($55.7m) | $37.4m | $63.5m | $26.4m | $79.7m | $78.4m | $95.1m | $70.2m | $68.4m | $73.1m | — |