Progress Software Corporation PRGS NASDAQ

Progress Software Corporation (PRGS) generated $98.63M in operating cash flow for quarter ending 2026-02-28. After capital expenditures of $2.71M, free cash flow was $95.92M.

Free cash flow margin was 38.7% of revenue. Cash conversion ratio was 4.32x, indicating earnings are backed by cash.

The company returned $14.97M in share buybacks to shareholders during the quarter.

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 4.32x confirms earnings are backed by real cash flow

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