Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $405M | $389M | $379M | $413M | $442M | $531M | $602M | $694M | $753M | $978M |
| Revenue growth | — | -4.0% | -2.6% | 9.1% | 7.0% | 20.2% | 13.3% | 15.4% | 8.5% | 29.8% |
| Gross profit | $340M | $320M | $312M | $338M | $380M | $453M | $508M | $568M | $623M | $790M |
| Gross margin | 83.8% | 82.2% | 82.3% | 81.8% | 86.0% | 85.2% | 84.3% | 81.8% | 82.7% | 80.8% |
| Operating income | -$29.7M | $57.5M | $67.8M | $40.1M | $108M | $116M | $132M | $111M | $124M | $153M |
| Operating margin | -7.3% | 14.8% | 17.9% | 9.7% | 24.4% | 21.9% | 21.9% | 15.9% | 16.5% | 15.7% |
| Net income | -$55.7M | $29.0M | $49.7M | $26.4M | $79.7M | $78.4M | $95.1M | $70.2M | $68.4M | $73.1M |
| Net margin | -13.7% | 7.5% | 13.1% | 6.4% | 18.0% | 14.8% | 15.8% | 10.1% | 9.1% | 7.5% |
| EPS (diluted) | -$1.13 | $0.60 | $1.08 | $0.58 | $1.76 | $1.76 | $2.15 | $1.57 | $1.54 | $1.66 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $103M | $106M | $121M | $128M | $145M | $179M | $192M | $174M | $211M | $235M |
| Capital expenditures | $5.79M | $3.38M | $7.25M | $4.00M | $6.52M | $4.65M | $6.09M | $5.57M | $5.21M | $5.70M |
| Free cash flow | $97.1M | $102M | $114M | $124M | $138M | $174M | $186M | $168M | $206M | $229M |
| Share buybacks | $79.2M | $73.9M | $120M | $25.0M | $60.0M | $35.0M | $77.0M | $34.0M | $86.8M | $105M |
| Dividends paid | $0.00 | $24.1M | $25.8M | $27.8M | $29.9M | $31.6M | $31.1M | $31.6M | $31.5M | $786K |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $207M | $133M | $105M | $154M | $98.0M | $155M | $256M | $127M | $118M | $94.8M |
| Total assets | $755M | $719M | $644M | $881M | $1.04B | $1.36B | $1.41B | $1.60B | $2.53B | $2.46B |
| Long-term debt | $120M | $116M | $110M | $284M | $364M | $535M | $612M | $711M | $1.53B | $1.04B |
| Shareholders' equity | $443M | $404M | $324M | $330M | $346M | $412M | $399M | $460M | $439M | $478M |
| Retained earnings | $196M | $145M | $85.1M | $64.3M | $72.5M | $90.3M | $102M | $121M | $120M | $127M |
| Shares (wtd avg diluted) | 49.5M | 48.5M | 46.1M | 45.3M | 45.3M | 44.6M | 44.2M | 44.7M | 44.4M | 44.0M |
Every figure is extracted from PROGRESS SOFTWARE CORP /MA’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.