How often does Progress Software move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

PRGSNasdaqServices-Prepackaged Software

Progress Software Corp (PRGS) earnings date, market-implied expected move, and options open interest by expiry

45.00

+0.88 · +1.99%

Regular session13:14 ET

Open45.00Volume519,482Mkt cap$1.8BP/E20.55EPS2.19

Day44.93 – 45.868%52-wk23.82 – 47.2590%

PRGS

Progress Software Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 19

after close · in 76 days

est.Q4 FY26

Calendar

Next report

Last report

−8.48%

vs ±12.0% implied · ×0.71

shaded = implied · ▲▼ = realized

Sep 30 '26 · confirmed

Implied vs realized

Linked news

43dMMS · customerMaximus’ (MMS) Tech Capabilities and Beaten-Down Valuation Point to M&A Upside

News

Largest filed tie

13F top-10 QoQ

+15.41%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

294 managers

Top fund weight

0.04%

PRGS weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Progress Software (PRGS) is expected to report on Jan 19 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±12.3%
avg realized: ±9.5%

Mar 31 '25Mar 31 '25confirmed±9.3%▲+12.13%×1.31

Jun 30 '25Jun 30 '25confirmed±9.4%▼−13.03%×1.39

Sep 29 '25Sep 29 '25confirmed±14.1%▲+3.10%×0.22

Jan 20 '26Jan 20 '26confirmed±13.6%▲+10.62%×0.78

Q1 FY26Mar 30 '26confirmed±15.1%▼−9.27%×0.61

Q2 FY26Jun 30 '26confirmed±13.7%▲+16.62%×1.21

Jul 22 '26Jul 22 '26confirmed±10.8%▼−2.61%×0.24

Q3 FY26Sep 30 '26confirmed±12.0%▼−8.48%×0.71

quarterimplied−20%0+20%realized×

Q3 FY26±12.0%▼−8.48%×0.71

Jul '26±10.8%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Nov 3 close

0.08OI · 4 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

472+4%Nov 2016d0.451,055+38%0.45

435+7%Dec 1844d0.281,564+7%0.28

2740%Jan 1572d0.34800−1%0.34

report · Jan 19 · after close · est.

122+49%Mar 19135d1,471+1%

ExpiryPutsCallsP/C

Nov 2016d472+4%1,055+38%0.45

Dec 1844d435+7%1,564+7%0.28

Jan 1572d2740%800−1%0.34

report · Jan 19 · after close · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

9.26%as filednet margin · revenue −2.94% QoQ · −1.52% YoY

Revenue

$246M−2.94% QoQ

Gross profit

$204M−2.42% QoQ

82.74% margin

Operating income

$47M+2.98% QoQ

18.92% margin

Pre-tax income

$30M+2.40% QoQ

Net income

$23M+8.08% QoQ

9.26% margin

Cost of revenue

$42M−5.36% QoQ

Operating expenses

$157M−3.92% QoQ

Marketing $50M

R&D $46M

SG&A $27M

Other operating $34M

Other expense

$17M

Tax

$7M−13.00% QoQ

Revenue$246M−2.94%

Gross profit

$204M−2.42%

82.74% margin

Operating income

$47M+2.98%

18.92% margin

Pre-tax income

$30M+2.40%

Net income

$23M+8.08%

9.26% margin

Cost of revenue

$42M−5.36%

Operating expenses

$157M−3.92%

Marketing $50M

R&D $46M

SG&A $27M

Other expense

$17M

Tax$7M−13.00%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Aug 31 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 13:00 ET

Intraday

Event sensitivity

PPI ×1.36· ±2.2% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.2%4 of 10×1.36

CPIconsumer prices±2.2%3 of 10×1.36

PCEpersonal income & outlays±2.0%13 of 19×1.23

GDPgross domestic product±1.9%10 of 19×1.15

NFPjobs report±1.8%4 of 10×1.12

FOMCrate decision±1.8%7 of 24×1.10

CPROFcorporate profits±1.1%6 of 12×0.70

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 0.55 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Sep 30 '26 · confirmed	0.55	—
Q2 FY26	Jun 30 '26 · confirmed	0.50	—
Q1 FY26	Mar 30 '26 · confirmed	0.53	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod