PRGS (Progress Software) Retained Earnings: $124 Mil (As of May. 2026)

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PRGS Progress Software Corp PRGS
79 GF Score
Price $42.66
GF Value $78.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Retained Earnings?

Progress Software PRGS -2.56% 79 Retained Earnings is $124 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.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Progress Software's retained earnings for the quarter that ended in May. 2026 was $124 Mil.

Progress Software's quarterly retained earnings increased from Nov. 2025 ($127 Mil) to Feb. 2026 ($133 Mil) but then declined from Feb. 2026 ($133 Mil) to May. 2026 ($124 Mil).

Progress Software's annual retained earnings declined from Nov. 2023 ($121 Mil) to Nov. 2024 ($120 Mil) but then increased from Nov. 2024 ($120 Mil) to Nov. 2025 ($127 Mil).


Progress Software  (NAS:PRGS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Progress Software Retained Earnings Historical Data

* Premium members only.

The historical data trend for Progress Software's Retained Earnings 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 Retained Earnings Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.26 101.66 120.86 120.41 127.37

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Retained Earnings 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 123.25 138.05 127.37 133.01 124.41
PRGS
79GF Score
Progress Software Corp PRGS
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Progress Software Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $124 Mil mean?
Progress Software (PRGS) has a Retained Earnings of $124 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Progress Software and its competitors.
Is Progress Software's Retained Earnings too high?
Progress Software's current Retained Earnings is $124 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 Retained Earnings compare to PICS and NN?
Progress Software's Retained Earnings of $124 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 Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Progress Software and its competitors. Progress Software's current Retained Earnings is $124 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 $42.66 — trading 45.9% below its estimated fair value. The current Retained Earnings is $124 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Progress Software (PRGS), the current Retained Earnings is $124 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 $42.66 is trading 45.9% below its estimated GF Value™ of $78.84. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for PRGS:

  • Retained Earnings: $124 Mil
  • GF Value™: $78.84 vs. price of $42.66 (45.9% 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

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

$42.66
Price
$78.84
GF Value