PRGS (Progress Software) Current Deferred Revenue: $324 Mil (As of May. 2026)

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PRGS Progress Software Corp PRGS
79 GF Score
Price $42.86
GF Value $78.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Current Deferred Revenue?

Progress Software PRGS -2.10% 79 Current Deferred Revenue is $324 Mil as of May. 2026. GuruFocus rates PRGS with a GF Score™ of 79/100 and a GF Value™ of $78.84 (Possible Value Trap). The stock has 7 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Progress Software's current deferred revenue for the quarter that ended in May. 2026 was $324 Mil.

Progress Software Current Deferred Revenue Related Terms

Progress Software Current Deferred Revenue Historical Data

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The historical data trend for Progress Software's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progress Software Current Deferred Revenue Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.02 227.67 236.09 332.14 324.75

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 308.36 298.72 324.75 330.77 324.47
PRGS
79GF Score
Progress Software Corp PRGS
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Current Deferred Revenue of $324 Mil mean?
Progress Software (PRGS) has a Current Deferred Revenue of $324 Mil as of May. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Progress Software and its competitors.
Is Progress Software's Current Deferred Revenue too high?
Progress Software's current Current Deferred Revenue is $324 Mil. Overall, Progress Software has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Current Deferred Revenue compare to PICS and NN?
Progress Software's Current Deferred Revenue of $324 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Software company?
A good Current Deferred Revenue depends on the Software industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Progress Software and its competitors. Progress Software's current Current Deferred Revenue is $324 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is $78.84, compared to a current price of $42.86 — trading 45.6% below its estimated fair value. The current Current Deferred Revenue is $324 Mil. Progress Software's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Progress Software (PRGS), the current Current Deferred Revenue is $324 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progress Software (PRGS) Overvalued in 2026?

Based on GuruFocus' analysis, Progress Software stock appears to be undervalued. The current stock price of $42.86 is trading 45.6% below its estimated GF Value™ of $78.84. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for PRGS:

  • Current Deferred Revenue: $324 Mil
  • GF Value™: $78.84 vs. price of $42.86 (45.6% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Progress Software Business Description

Other Exchanges PRGS:MexicoPGR:Germany
Address 15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
79GF Score

Get the complete analysis for PRGS

Current Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$42.86
Price
$78.84
GF Value