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Progress Software Reports Fiscal First Quarter 2026

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
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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.

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Positive

  • None.

Negative

  • None.

Key Figures

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

Market Reality Check

Price: $28.27 Vol: Volume 872,596 is 0.96x t...
normal vol
$28.27 Last Close
Volume Volume 872,596 is 0.96x the 20-day average of 906,057, indicating typical trading activity ahead of the release. normal
Technical Shares at $27.67 are trading below the $44.2 200-day MA and sit about 57.76% under the 52-week high, roughly 3.05% above the 52-week low.

Peers on Argus

PRGS fell 5.14% while peers were mixed: CSGS up 0.36%, RZLV up 3.46%, FLYW down ...
1 Up

PRGS fell 5.14% while peers were mixed: CSGS up 0.36%, RZLV up 3.46%, FLYW down 5.65%, NTCT and NYAX modestly lower. Momentum data flags only RZLV to the upside, so today’s PRGS move screens as stock-specific rather than a broad software rotation.

Historical Context

5 past events · Latest: Mar 25 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 25 Product enhancement Positive -5.0% ShareFile added eIDAS-compliant advanced and qualified e-signatures.
Mar 16 Earnings date set Neutral -0.3% Announced timing for reporting fiscal Q1 2026 financial results.
Mar 10 CSR scholarship launch Positive -3.6% Opened applications for the 2026 global STEM scholarship series.
Jan 20 Earnings results Neutral +10.6% Reported fiscal Q4 2025 and full-year 2025 financial results.
Jan 06 Earnings date set Neutral +2.0% Scheduled Q4 2025 and full-year 2025 earnings release and call.
Pattern Detected

Recent history shows PRGS often trading down on positive product or CSR news, while earnings-related and scheduling headlines have more often coincided with mild gains.

Recent Company History

Over the last few months, PRGS combined product, CSR, and financial milestones. A ShareFile enhancement with eIDAS-compliant signatures on Mar 25, 2026 saw shares down 4.97%, and a STEM scholarship initiative on Mar 10, 2026 coincided with a 3.6% decline. By contrast, announcing Q1 2026’s report date on Mar 16, 2026 had little impact (-0.28%). Fiscal Q4 2025 and full-year results on Jan 20, 2026 preceded a stronger 10.62% gain, while the earlier Q4 date announcement on Jan 6, 2026 aligned with a modest 2.04% increase.

Market Pulse Summary

This announcement delivers the headline timing and access details for PRGS’s fiscal Q1 2026 results,...
Analysis

This announcement delivers the headline timing and access details for PRGS’s fiscal Q1 2026 results, with the full earnings metrics available via its investor materials and conference call at 5:00 p.m. ET. Historically, more substantial reactions have followed detailed financial updates, while scheduling news has moved the stock modestly. Investors may focus on trends relative to fiscal 2025’s strong performance, recurring revenue metrics, and any updated outlook shared during the call and slide presentation.

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. Not financial advice.

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 MiccicheJeff Young
Progress SoftwareProgress Software
+1 781-850-8450+1 781-280-4000
Investor-Relations@progress.comPR@progress.com
  

Source: Progress Software Corporation


FAQ

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.
Progress Soft

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PRGS Stock Data

1.16B
41.19M
Software - Infrastructure
Services-prepackaged Software
Link
United States
BURLINGTON