# PROGRESS SOFTWARE CORP /MA (PRGS) FY2026 YTD Q3 Statement of Cash Flows

- Company: PROGRESS SOFTWARE CORP /MA (PRGS)
- Period: 2025-12-01 to 2026-08-31
- Filing: Q3 FY2026 10-Q, filed 2026-09-30, accession number 0000876167-26-000111
- Page: https://plicit.ai/financials/prgs/fy2026-ytd-q3-cash-flow
- Chart image: https://plicit.ai/charts/prgs-fy2026-ytd-q3-cash-flow-sankey.png

## Chart details

Cash flows for Dec 1, 2025 through Aug 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Nov 30, 2025. Ending cash: Aug 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Nov 30, 2025**: 94,807,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 265,474,000 US dollars. Net cash provided.
- **Net income**: 66,662,000 US dollars
- **Accounts payable and accrued liabilities**: negative 19,691,000 US dollars
- **Lease liabilities**: negative 8,159,000 US dollars
- **Accounts receivable**: 55,074,000 US dollars
- **Stock-based compensation**: 55,062,000 US dollars
- **Credit losses and other sales allowances**: 9,991,000 US dollars
- **Depreciation and amortization of property and equipment**: 4,567,000 US dollars
- **Deferred income taxes**: negative 6,454,000 US dollars
- **Amortization of acquired intangibles and other**: 104,572,000 US dollars
- **Amortization of debt discount and issuance costs**: 3,961,000 US dollars
- **Deferred revenue**: negative 19,306,000 US dollars
- **Non-cash lease expense**: 7,082,000 US dollars
- **Other assets**: 16,265,000 US dollars
- **Income taxes payable**: negative 4,152,000 US dollars
- **Investing activities**: negative 6,264,000 US dollars. Net cash used.
- **Purchases of property and equipment**: negative 6,264,000 US dollars
- **Payments for acquisitions, net of cash acquired**: 0 US dollars
- **Financing activities**: negative 238,286,000 US dollars. Net cash used.
- **Proceeds from equity plans**: 10,673,000 US dollars
- **Payments for taxes related to net share settlements of equity awards**: negative 6,629,000 US dollars
- **Repurchases of common stock**: negative 71,962,000 US dollars
- **Dividend equivalent payments to stockholders**: negative 368,000 US dollars
- **Repurchases of convertible senior notes**: negative 360,000,000 US dollars
- **Proceeds from revolving line of credit**: 360,000,000 US dollars
- **Repayment of revolving line of credit**: negative 170,000,000 US dollars
- **Payment of credit facility debt issuance costs**: 0 US dollars
- **Operating adjustment reconciliation**: 256,574,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 608,959,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 6,264,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 2,078,000 US dollars
- **Ending cash on Aug 31, 2026**: 113,653,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 360,281,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 18,846,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 3.98×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 265,474,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 6,264,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 259,210,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $198.81M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 265,474,000 US dollars minus 6,264,000 US dollars equals 259,210,000 US dollars.