Progress Software Reports Fiscal First Quarter 2026

Progress Software (Nasdaq: PRGS) reported fiscal first quarter 2026 results for the period ended February 28, 2026.

Rhea-AI Summary

Progress Software (Nasdaq: PRGS) reported fiscal first quarter 2026 results for the period ended February 28, 2026. The company published an earnings release and supplemental slide presentation on its investor site and will host a conference call today, March 30, 2026, at 5:00 p.m. ET.

A live webcast and phone dial-in details are available via the investor relations site, and an archived recording and materials will be posted after the call.

Argus Mar 31 session

-9.27% close to close Open Argus

Details

News Market Reaction – PRGS

In the Mar 31 session, PRGS declined 9.27%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -9.3% in the session following this news. A negative reaction despite a routine earn...

Analysis

The stock moved -9.3% in the session following this news. A negative reaction despite a routine earnings release announcement fits prior patterns where PRGS sometimes traded lower on otherwise constructive news, such as product and CSR updates that coincided with 3–5% declines. Elevated volatility near 52‑week lows and a price well below the $44.2 200‑day MA could amplify downside. Future stability may hinge on how the detailed Q1 2026 metrics compare to strong fiscal 2025 results highlighted in recent proxy materials.

Key Figures

Quarter end date: February 28, 2026 Conference call time: 5:00 p.m. ET Price change: -5.14% +5 more

Quarter end date

February 28, 2026

Fiscal first quarter 2026 period end

Conference call time

5:00 p.m. ET

Scheduled time to discuss results and outlook

Price change

-5.14%

Move ahead of fiscal Q1 2026 earnings release

Current price

$27.67

Latest trading price before earnings call

52-week high

$65.5

Upper end of 52-week trading range

52-week low

$26.85

Lower end of 52-week trading range

Market cap

$1,227,315,790

Equity value prior to Q1 2026 call

200-day MA

$44.2

Longer-term trend reference level

Historical Context

5 past events · Latest: Mar 25

5 events

1. Mar 25

   Product enhancement

   24h Move

   -5.0%

   ShareFile added eIDAS-compliant advanced and qualified e-signatures.

2. Mar 16

   Earnings date set

   24h Move

   -0.3%

   Announced timing for reporting fiscal Q1 2026 financial results.

3. Mar 10

   CSR scholarship launch

   24h Move

   -3.6%

   Opened applications for the 2026 global STEM scholarship series.

4. Jan 20

   Earnings results

   24h Move

   +10.6%

   Reported fiscal Q4 2025 and full-year 2025 financial results.

5. Jan 06

   Earnings date set

   24h Move

   +2.0%

   Scheduled Q4 2025 and full-year 2025 earnings release and call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

russell 2000 index

1 terms

russell 2000 index financial

"Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index, today announced"

A stock-market benchmark that tracks about 2,000 small-cap U.S. companies, the Russell 2000 gives a snapshot of how smaller publicly traded firms are performing. Investors use it like a thermometer or yardstick for the small-company segment of the market—funds and portfolio managers compare returns to it, and its movements can signal changes in economic risk appetite or growth expectations; it is weighted so larger small companies have a bigger influence on the index.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BURLINGTON, Mass., March 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index, today announced its financial results for the fiscal first quarter 2026, which ended on February 28, 2026. Progress is the trusted provider of AI-powered digital experience and infrastructure software.

The company’s earnings release and a supplemental slide presentation can be accessed via the Investor Events & Presentations link on the Progress Investor Relations webpage. Progress will host a conference call today at 5:00 p.m. ET to discuss its results and outlook.

Conference Call Details

• A live webcast of the call will be available using this link.
• To access the conference call by phone, please use this link to retrieve dial-in details. To avoid delays, we encourage participants to dial in 15 minutes ahead of the scheduled start time.
• An archived version of the conference call and supporting materials will be available on the Progress Investor Relations webpage after the live call.
  
  

About Progress Software
Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes get a trusted provider in Progress, with the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at www.progress.com.

Progress is a trademark or registered trademark of Progress Software Corporation and/or its subsidiaries or affiliates in the U.S. and other countries. Any other names contained herein may be trademarks of their respective owners.  

Investor Contact:	Press Contact:
Michael Micciche	Jeff Young
Progress Software	Progress Software
+1 781-850-8450	+1 781-280-4000
Investor-Relations@progress.com	PR@progress.com

Source: Progress Software Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When did Progress Software (PRGS) end its fiscal Q1 2026 reporting period?

The fiscal first quarter 2026 ended on February 28, 2026. According to the company, that date marks the close of the quarter covered by the March 30, 2026 earnings announcement and related supplemental materials.

What time is the Progress Software (PRGS) Q1 2026 conference call on March 30, 2026?

The conference call is scheduled for 5:00 p.m. ET on March 30, 2026. According to the company, a live webcast and phone dial-in details are available on the investor relations webpage before the start time.

Where can investors find Progress Software (PRGS) Q1 2026 earnings materials?

Earnings materials are available on the Progress investor relations webpage under events and presentations. According to the company, the package includes an earnings release and a supplemental slide presentation accessible online.

Will Progress Software (PRGS) provide a replay of the March 30, 2026 earnings call?

Yes, an archived version of the conference call and supporting materials will be posted after the live event. According to the company, the replay and slides will remain available on the investor relations webpage.

How can participants access the Progress Software (PRGS) conference call by phone?

Phone access requires retrieving dial-in details via the provided link on the investor site. According to the company, callers are encouraged to dial in 15 minutes early to avoid delays and obtain necessary passcodes.

Does Progress Software (PRGS) provide supplemental slides with its Q1 2026 results?

Yes, a supplemental slide presentation accompanies the earnings release and is posted online. According to the company, the slides are available via the Investor Events & Presentations link on the investor relations webpage.