Progress Software Corporation (NASDAQ:PRGS) — Market Cap & Net Worth
Market Cap & Net Worth: Progress Software Corporation (PRGS)
Progress Software Corporation (NASDAQ:PRGS) has a market capitalization of $1.55 Billion ($1.55 Billion) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #6971 globally and #2149 in its home market, demonstrating a 9.94% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Progress Software Corporation's stock price $40.59 by its total outstanding shares 41012942 (41.01 Million). See PRGS capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
Progress Software Corporation Market Cap History: 2015 to 2026
Progress Software Corporation's market capitalization history from 2015 to 2026. Data shows growth from $873.78 Million to $1.66 Billion (5.97% CAGR).
Index Memberships
Progress Software Corporation is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.00% | #786 of 3165 |
|
S&P Small-Cap 600 Index
SML
|
$1.60 Trillion | 0.22% | #379 of 602 |
Weight: Progress Software Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Progress Software Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Progress Software Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.80x
Progress Software Corporation's market cap is 1.80 times its annual revenue
Latest Price to Earnings (P/E) Ratio
24.09x
Progress Software Corporation's market cap is 24.09 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.17 Billion | $405.34 Million | -$55.73 Million | 2.88x | N/A |
| 2017 | $1.58 Billion | $397.57 Million | $37.42 Million | 3.98x | 42.26x |
| 2018 | $1.34 Billion | $397.17 Million | $63.49 Million | 3.37x | 21.07x |
| 2019 | $1.59 Billion | $413.30 Million | $26.40 Million | 3.85x | 60.26x |
| 2020 | $1.76 Billion | $442.15 Million | $79.72 Million | 3.98x | 22.08x |
| 2021 | $1.91 Billion | $531.31 Million | $78.42 Million | 3.59x | 24.34x |
| 2022 | $2.02 Billion | $602.01 Million | $95.07 Million | 3.36x | 21.29x |
| 2023 | $2.21 Billion | $694.44 Million | $70.20 Million | 3.18x | 31.42x |
| 2024 | $2.67 Billion | $753.41 Million | $68.44 Million | 3.55x | 39.04x |
| 2025 | $1.76 Billion | $977.83 Million | $73.13 Million | 1.80x | 24.09x |
Competitor Companies of PRGS by Market Capitalization
Companies near Progress Software Corporation in the global market cap rankings as of August 3, 2026.
Key companies related to Progress Software Corporation by market ranking:
- Microsoft Corporation (NASDAQ:MSFT): Ranked #3 globally with a market cap of $3.08 Trillion USD.
- Oracle Corporation (NYSE:ORCL): Ranked #38 globally with a market cap of $373.51 Billion USD.
- Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #49 globally with a market cap of $324.25 Billion USD.
- Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #61 globally with a market cap of $282.55 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #3 | Microsoft Corporation | NASDAQ:MSFT | $3.08 Trillion | $464.72 |
| #38 | Oracle Corporation | NYSE:ORCL | $373.51 Billion | $129.87 |
| #49 | Palantir Technologies Inc. Class A Common Stock | NYSE:PLTR | $324.25 Billion | $178.15 |
| #61 | Palantir Technologies Inc. | NASDAQ:PLTR | $282.55 Billion | $123.06 |
Progress Software Corporation Historical Marketcap From 2015 to 2026
Between 2015 and today, Progress Software Corporation's market cap moved from $873.78 Million to $ 1.66 Billion, with a yearly change of 5.97%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.66 Billion | -5.52% |
| 2025 | $1.76 Billion | -34.06% |
| 2024 | $2.67 Billion | +21.16% |
| 2023 | $2.21 Billion | +8.94% |
| 2022 | $2.02 Billion | +6.05% |
| 2021 | $1.91 Billion | +8.44% |
| 2020 | $1.76 Billion | +10.64% |
| 2019 | $1.59 Billion | +18.95% |
| 2018 | $1.34 Billion | -15.41% |
| 2017 | $1.58 Billion | +35.44% |
| 2016 | $1.17 Billion | +33.60% |
| 2015 | $873.78 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 2nd, 2026 the market cap of Progress Software Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.55 Billion USD |
| MoneyControl | $1.55 Billion USD |
| MarketWatch | $1.55 Billion USD |
| marketcap.company | $1.55 Billion USD |
| Reuters | $1.55 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Progress Software Corporation
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfer… Read more