Progress Software Reports Fiscal Second Quarter 2026 Financial Results

Rhea-AI Summary

Progress Software (Nasdaq: PRGS) reported fiscal second quarter 2026 results for the period ended May 31, 2026. Detailed earnings information and a supplemental slide presentation are available on the Progress investor relations site.

The company will host a results and outlook conference call on June 30, 2026 at 5:00 p.m. Eastern Time, with live webcast, phone access via online registration, and a replay and supporting materials available afterward.

News Market Reaction – PRGS

+16.62% 1.8x vol

56 alerts

+16.62% Session close to close

+14.5% Peak Tracked

-12.3% Trough Tracked

$1.70B Market Cap

1.8x Rel. Volume

In the Jul 1 session, PRGS gained 16.62%, reflecting a significant positive market reaction. Argus tracked a peak move of +14.5% during that session. Argus tracked a trough of -12.3% from its starting point during tracking. Our momentum scanner triggered 56 alerts that day, indicating high trading interest and price volatility. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +16.6% in the session following this news. A strong positive reaction aligns with p...

Analysis

The stock surged +16.6% in the session following this news. A strong positive reaction aligns with prior episodes where upbeat earnings and recurring-revenue trends supported sizeable gains. However, insider net selling and past post-earnings selloffs highlight ongoing execution and sentiment risks that could eventually cap momentum.

Key Figures

Quarter end date: May 31, 2026 Earnings call time: 5:00 p.m. Eastern Time

2 metrics

Quarter end date May 31, 2026 Fiscal second quarter 2026 period end

Earnings call time 5:00 p.m. Eastern Time Conference call to discuss Q2 2026 results and outlook

Previous Earnings Reports

5 past events · Latest: Sep 29 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Sep 29	Quarterly earnings	Positive	+3.1%	Strong Q3 2025 growth, higher ARR, raised FY2025 guidance and buyback boost.
Jun 30	Quarterly earnings	Positive	-13.0%	Q2 2025 beat with robust ARR, guidance raised and debt reduction progress.
Mar 31	Quarterly earnings	Positive	+12.1%	Q1 2025 revenue and ARR growth, solid non-GAAP margins and cash position.
Jan 21	Earnings & guidance	Positive	-9.9%	Strong Q4 and 2024 results, ARR growth and FY2025 guidance despite dividend halt.
Nov 26	Product release	Neutral	-0.4%	Q4 2024 Telerik and Kendo UI release with broad framework and UX updates.

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

Pattern Detected

Earnings-related releases for PRGS have produced mixed reactions, with both strong rallies and sharp selloffs following generally positive fundamentals.

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

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BURLINGTON, Mass., June 30, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), a member of the Russell 2000 Index and a trusted provider of AI-powered digital experience and infrastructure software, today announced its financial results for the fiscal second quarter ended May 31, 2026.

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. Eastern Time to discuss its results and outlook.

Conference Call Details

• A live webcast of the call will be available at this link.
• To access the conference call by phone, use this link to retrieve dial-in details. Participants are encouraged to dial in 15 minutes before the scheduled start time.
• A replay of the conference call and supporting materials will be available on the Progress Investor Relations webpage following the live event.
  

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

When did Progress Software (PRGS) report its fiscal Q2 2026 earnings?

Progress Software reported its fiscal Q2 2026 earnings on June 30, 2026. According to Progress, the results cover the fiscal quarter ended May 31, 2026 and are available through the Investor Events & Presentations section of its investor relations webpage.

How can investors access Progress Software (PRGS) fiscal Q2 2026 earnings details?

Investors can access Progress fiscal Q2 2026 earnings details via the Investor Events & Presentations link on its investor relations site. According to Progress, both the full earnings release and a supplemental slide presentation are available for review online.

What time is the Progress Software (PRGS) fiscal Q2 2026 earnings conference call?

The Progress fiscal Q2 2026 earnings conference call is scheduled for 5:00 p.m. Eastern Time on June 30, 2026. According to Progress, the call will discuss quarterly results and outlook and will be available via live webcast and phone.

How do I join the Progress Software (PRGS) Q2 2026 earnings call by phone?

To join the Progress Q2 2026 earnings call by phone, investors must use the provided online link to retrieve dial-in details. According to Progress, participants should connect about 15 minutes before the 5:00 p.m. Eastern Time start.

Will a replay of the Progress Software (PRGS) Q2 2026 earnings call be available?

Yes, a replay of the Progress Q2 2026 earnings call will be available. According to Progress, investors can access the replay and supporting materials on the Progress investor relations webpage after the live event concludes.