Progress Software Corporation PRGS NASDAQ

Progress Software Corporation (PRGS) generated $235.19M in operating cash flow for fiscal year 2025. After capital expenditures of $5.7M, free cash flow was $229.49M.

Free cash flow margin was 23.5% of revenue. Cash conversion ratio was 3.22x, indicating earnings are backed by cash.

The company returned $786K in dividends and $105.16M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (61/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (45/100) — Cash conversion ratio was 3.22x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 54/100 with 3/7 criteria passed.