Progress Software annual free cash flow
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2025
Progress Software Free Cash Flow (FCF) History (PRGS)
Progress Software reported $229.5M in free cash flow for fiscal 2025, an increase of 11.24% from the previous fiscal year, with a free cash flow margin of 23.47%.
View full Progress Software company overviewProgress Software free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-11-30 | $229.5M | $23.2M | +11.24% | +23.47% |
| 2024 | 2024-11-30 | $206.3M | $37.9M | +22.54% | +27.38% |
| 2023 | 2023-11-30 | $168.3M | −$17.7M | −9.52% | +24.24% |
| 2022 | 2022-11-30 | $186.1M | $12.2M | +7.01% | +30.91% |
| 2021 | 2021-11-30 | $173.9M | $35.5M | +25.70% | +32.73% |
| 2020 | 2020-11-30 | $138.3M | $13.8M | +11.12% | +31.29% |
| 2019 | 2019-11-30 | $124.5M | $10.4M | +9.10% | +30.12% |
| 2018 | 2018-11-30 | $114.1M | $11.8M | +11.53% | +30.11% |
| 2017 | 2017-11-30 | $102.3M | $5.3M | +5.41% | +26.29% |
| 2016 | 2016-11-30 | $97.1M | −$297,000 | −0.31% | +23.95% |
| 2015 | 2015-11-30 | $97.4M | −$2.4M | −2.36% | +25.79% |
| 2014 | 2014-11-30 | $99.7M | $99.4M | +28066.38% | +29.98% |
| 2013 | 2013-11-30 | $354,000 | −$96.0M | −99.63% | +0.11% |
| 2012 | 2012-11-30 | $96.4M | −$12.9M | −11.78% | +30.35% |
| 2011 | 2011-11-30 | $109.2M | $22.7M | +26.24% | +32.75% |
| 2010 | 2010-11-30 | $86.5M | $31.1M | +56.23% | +24.61% |
| 2009 | 2009-11-30 | $55.4M | −$23.6M | −29.86% | +11.21% |
| 2008 | 2008-11-30 | $79.0M | — | — | +15.32% |
Progress Software quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $77.0M | $47.5M | +160.92% | +30.37% |
| Q1 2026 | 2026-02-28 | $95.9M | $28.3M | +41.78% | +38.71% |
| Q4 2025 | 2025-11-30 | $59.9M | $43.2M | +257.34% | +23.72% |
| Q3 2025 | 2025-08-31 | $72.4M | $15.8M | +27.91% | +28.98% |
| Q2 2025 | 2025-05-31 | $29.5M | −$33.2M | −52.97% | +12.43% |
| Q1 2025 | 2025-02-28 | $67.7M | −$2.5M | −3.62% | +28.43% |
| Q4 2024 | 2024-11-30 | $16.8M | −$14.0M | −45.49% | +7.80% |
| Q3 2024 | 2024-08-31 | $56.6M | $11.8M | +26.24% | +31.67% |
| Q2 2024 | 2024-05-31 | $62.7M | $16.4M | +35.28% | +35.83% |
| Q1 2024 | 2024-02-29 | $70.2M | $23.8M | +51.34% | +38.01% |
| Q4 2023 | 2023-11-30 | $30.8M | −$6.4M | −17.13% | +17.39% |
| Q3 2023 | 2023-08-31 | $44.8M | $6.3M | +16.25% | +25.62% |
| Q2 2023 | 2023-05-31 | $46.4M | −$20.7M | −30.91% | +26.01% |
| Q1 2023 | 2023-02-28 | $46.4M | $3.1M | +7.21% | +28.24% |
| Q4 2022 | 2022-11-30 | $37.1M | −$4.9M | −11.62% | +23.63% |
| Q3 2022 | 2022-08-31 | $38.6M | $4.0M | +11.46% | +25.50% |
| Q2 2022 | 2022-05-31 | $67.1M | $13.4M | +24.88% | +45.12% |
| Q1 2022 | 2022-02-28 | $43.3M | −$260,000 | −0.60% | +29.85% |
| Q4 2021 | 2021-11-30 | $42.0M | $2.4M | +5.93% | +29.98% |
| Q3 2021 | 2021-08-31 | $34.6M | $5.1M | +17.48% | +23.47% |
| Q2 2021 | 2021-05-31 | $53.7M | $16.4M | +43.89% | +43.87% |
| Q1 2021 | 2021-02-28 | $43.5M | $11.7M | +36.57% | +35.89% |
| Q4 2020 | 2020-11-30 | $39.7M | $5.2M | +15.19% | +32.41% |
| Q3 2020 | 2020-08-31 | $29.4M | $3.4M | +13.20% | +26.85% |
| Q2 2020 | 2020-05-31 | $37.3M | −$2.5M | −6.26% | +37.21% |
| Q1 2020 | 2020-02-29 | $31.9M | $7.7M | +31.70% | +29.05% |
| Q4 2019 | 2019-11-30 | $34.4M | $11.4M | +49.42% | +29.42% |
| Q3 2019 | 2019-08-31 | $26.0M | $5.5M | +26.73% | +24.38% |
| Q2 2019 | 2019-05-31 | $39.8M | −$480,000 | −1.19% | +39.84% |
| Q1 2019 | 2019-02-28 | $24.2M | −$6.0M | −19.90% | +27.02% |
| Q4 2018 | 2018-11-30 | $23.0M | −$7.0M | −23.19% | +23.49% |
| Q3 2018 | 2018-08-31 | $20.5M | $7.4M | +56.70% | +22.17% |
| Q2 2018 | 2018-05-31 | $40.3M | $18.0M | +80.90% | +43.42% |
| Q1 2018 | 2018-02-28 | $30.2M | −$6.7M | −18.17% | +31.66% |
| Q4 2017 | 2017-11-30 | $30.0M | −$1.9M | −5.93% | +27.87% |
| Q3 2017 | 2017-08-31 | $13.1M | −$5.4M | −29.26% | +13.46% |
| Q2 2017 | 2017-05-31 | $22.3M | −$3.3M | −12.79% | +23.91% |
| Q1 2017 | 2017-02-28 | $36.9M | $15.8M | +75.06% | +40.58% |
| Q4 2016 | 2016-11-30 | $31.9M | $5.6M | +21.52% | +27.09% |
| Q3 2016 | 2016-08-31 | $18.5M | $935,000 | +5.32% | +18.15% |
| Q2 2016 | 2016-05-31 | $25.6M | $6.8M | +36.52% | +26.59% |
| Q1 2016 | 2016-02-29 | $21.1M | −$13.7M | −39.41% | +23.57% |
| Q4 2015 | 2015-11-30 | $26.2M | −$12.2M | −31.69% | +23.29% |
| Q3 2015 | 2015-08-31 | $17.6M | −$7.3M | −29.23% | +18.58% |
| Q2 2015 | 2015-05-31 | $18.7M | $2.0M | +12.01% | +21.08% |
| Q1 2015 | 2015-02-28 | $34.8M | $15.1M | +76.43% | +42.77% |
| Q4 2014 | 2014-11-30 | $38.4M | $21.8M | +131.16% | +39.25% |
| Q3 2014 | 2014-08-31 | $24.8M | $27.3M | — | +31.34% |
| Q2 2014 | 2014-05-31 | $16.7M | $4.6M | +37.53% | +20.68% |
| Q1 2014 | 2014-02-28 | $19.7M | $45.7M | — | +26.47% |
| Q4 2013 | 2013-11-30 | $16.6M | −$10.7M | −39.05% | +18.27% |
| Q3 2013 | 2013-08-31 | −$2.5M | −$24.0M | — | −3.18% |
| Q2 2013 | 2013-05-31 | $12.2M | −$808,000 | −6.23% | +14.87% |
| Q1 2013 | 2013-02-28 | −$26.0M | −$60.5M | — | −31.00% |
| Q4 2012 | 2012-11-30 | $27.3M | $22.2M | +437.38% | +33.30% |
| Q3 2012 | 2012-08-31 | $21.6M | −$2.1M | −8.73% | +28.99% |
| Q2 2012 | 2012-05-31 | $13.0M | −$20.7M | −61.51% | +17.48% |
| Q1 2012 | 2012-02-29 | $34.6M | −$12.3M | −26.22% | +39.66% |
| Q4 2011 | 2011-11-30 | $5.1M | −$18.0M | −78.02% | — |
| Q3 2011 | 2011-08-31 | $23.6M | $7.0M | +42.29% | +18.97% |
| Q2 2011 | 2011-05-31 | $33.7M | $19.6M | +138.87% | +25.00% |
| Q1 2011 | 2011-02-28 | $46.9M | $14.1M | +43.16% | +34.92% |
| Q4 2010 | 2010-11-30 | $23.1M | — | — | — |
| Q3 2010 | 2010-08-31 | $16.6M | — | — | +12.90% |
| Q2 2010 | 2010-05-31 | $14.1M | — | — | +11.04% |
| Q1 2010 | 2010-02-28 | $32.7M | — | — | +25.67% |
Progress Software free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $138.3M to $229.5M, a compound annual growth rate of 10.65%. Progress Software's latest reported quarter, Q2 2026, generated $77.0M in free cash flow, an increase of 160.92% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Progress Software filings at SEC.gov ↗