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Side-by-side financial comparison of ARBOR REALTY TRUST INC (ABR) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

PROGRESS SOFTWARE CORP is the larger business by last-quarter revenue ($252.7M vs $133.4M, roughly 1.9× ARBOR REALTY TRUST INC). On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -12.1%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs -8.9%).

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

Progress Software Corporation develops and sells enterprise software products including application development platforms, data connectivity tools, and digital experience solutions. It serves global enterprise clients across finance, healthcare, manufacturing, retail and other sectors, helping organizations build scalable, high-performance business applications and streamline operational workflows.

ABR vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.9× larger
PRGS
$252.7M
$133.4M
ABR
Growing faster (revenue YoY)
PRGS
PRGS
+29.6% gap
PRGS
17.5%
-12.1%
ABR
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-8.9%
ABR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABR
ABR
PRGS
PRGS
Revenue
$133.4M
$252.7M
Net Profit
$25.7M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
10.2%
Revenue YoY
-12.1%
17.5%
Net Profit YoY
2144.6%
EPS (diluted)
$0.08
$0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABR
ABR
PRGS
PRGS
Q4 25
$133.4M
$252.7M
Q3 25
$112.4M
$249.8M
Q2 25
$130.4M
$237.4M
Q1 25
$134.2M
$238.0M
Q4 24
$151.7M
$215.0M
Q3 24
$156.7M
$178.7M
Q2 24
$153.1M
$175.1M
Q1 24
$160.7M
$184.7M
Net Profit
ABR
ABR
PRGS
PRGS
Q4 25
$25.7M
Q3 25
$52.0M
$19.4M
Q2 25
$36.3M
$17.0M
Q1 25
$43.4M
$10.9M
Q4 24
$1.1M
Q3 24
$73.5M
$28.5M
Q2 24
$61.8M
$16.2M
Q1 24
$73.2M
$22.6M
Gross Margin
ABR
ABR
PRGS
PRGS
Q4 25
81.6%
Q3 25
81.0%
Q2 25
80.1%
Q1 25
80.6%
Q4 24
83.0%
Q3 24
83.7%
Q2 24
81.7%
Q1 24
82.2%
Operating Margin
ABR
ABR
PRGS
PRGS
Q4 25
15.2%
Q3 25
17.6%
Q2 25
16.3%
Q1 25
13.6%
Q4 24
10.0%
Q3 24
22.6%
Q2 24
15.5%
Q1 24
46.9%
19.0%
Net Margin
ABR
ABR
PRGS
PRGS
Q4 25
10.2%
Q3 25
46.3%
7.8%
Q2 25
27.8%
7.2%
Q1 25
32.3%
4.6%
Q4 24
0.5%
Q3 24
46.9%
15.9%
Q2 24
40.4%
9.2%
Q1 24
45.6%
12.3%
EPS (diluted)
ABR
ABR
PRGS
PRGS
Q4 25
$0.08
$0.59
Q3 25
$0.20
$0.44
Q2 25
$0.12
$0.39
Q1 25
$0.16
$0.24
Q4 24
$0.31
$0.01
Q3 24
$0.31
$0.65
Q2 24
$0.25
$0.37
Q1 24
$0.31
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABR
ABR
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$482.9M
$94.8M
Total DebtLower is stronger
$11.1B
$1.4B
Stockholders' EquityBook value
$3.0B
$478.3M
Total Assets
$14.5B
$2.5B
Debt / EquityLower = less leverage
3.75×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABR
ABR
PRGS
PRGS
Q4 25
$482.9M
$94.8M
Q3 25
$423.4M
$99.0M
Q2 25
$255.7M
$102.0M
Q1 25
$308.8M
$124.2M
Q4 24
$503.8M
$118.1M
Q3 24
$687.5M
$232.7M
Q2 24
$737.5M
$190.4M
Q1 24
$908.0M
$133.2M
Total Debt
ABR
ABR
PRGS
PRGS
Q4 25
$11.1B
$1.4B
Q3 25
$10.4B
$1.4B
Q2 25
$10.1B
$1.5B
Q1 25
$9.9B
$1.5B
Q4 24
$10.0B
$1.5B
Q3 24
$10.3B
Q2 24
$10.6B
Q1 24
$11.4B
Stockholders' Equity
ABR
ABR
PRGS
PRGS
Q4 25
$3.0B
$478.3M
Q3 25
$3.0B
$477.7M
Q2 25
$3.0B
$452.7M
Q1 25
$3.0B
$431.8M
Q4 24
$3.0B
$438.8M
Q3 24
$3.0B
$425.6M
Q2 24
$3.1B
$401.7M
Q1 24
$3.1B
$461.7M
Total Assets
ABR
ABR
PRGS
PRGS
Q4 25
$14.5B
$2.5B
Q3 25
$13.9B
$2.4B
Q2 25
$13.6B
$2.4B
Q1 25
$13.4B
$2.5B
Q4 24
$13.5B
$2.5B
Q3 24
$13.9B
$1.6B
Q2 24
$14.2B
$1.6B
Q1 24
$15.1B
$1.5B
Debt / Equity
ABR
ABR
PRGS
PRGS
Q4 25
3.75×
2.93×
Q3 25
3.47×
2.97×
Q2 25
3.40×
3.22×
Q1 25
3.29×
3.50×
Q4 24
3.29×
3.48×
Q3 24
3.40×
Q2 24
3.47×
Q1 24
3.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABR
ABR
PRGS
PRGS
Operating Cash FlowLast quarter
$372.4M
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABR
ABR
PRGS
PRGS
Q4 25
$372.4M
$62.8M
Q3 25
$178.7M
$73.4M
Q2 25
$60.0M
$30.0M
Q1 25
$150.5M
$68.9M
Q4 24
$461.5M
$19.7M
Q3 24
$85.0M
$57.7M
Q2 24
$69.9M
$63.7M
Q1 24
$260.0M
$70.5M
Free Cash Flow
ABR
ABR
PRGS
PRGS
Q4 25
$59.9M
Q3 25
$72.4M
Q2 25
$29.5M
Q1 25
$67.7M
Q4 24
$16.8M
Q3 24
$56.6M
Q2 24
$62.7M
Q1 24
$70.2M
FCF Margin
ABR
ABR
PRGS
PRGS
Q4 25
23.7%
Q3 25
29.0%
Q2 25
12.4%
Q1 25
28.4%
Q4 24
7.8%
Q3 24
31.7%
Q2 24
35.8%
Q1 24
38.0%
Capex Intensity
ABR
ABR
PRGS
PRGS
Q4 25
1.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.2%
Cash Conversion
ABR
ABR
PRGS
PRGS
Q4 25
2.44×
Q3 25
3.44×
3.78×
Q2 25
1.65×
1.76×
Q1 25
3.47×
6.30×
Q4 24
17.13×
Q3 24
1.16×
2.03×
Q2 24
1.13×
3.93×
Q1 24
3.55×
3.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABR
ABR

Segment breakdown not available.

PRGS
PRGS

Maintenanceand Services$187.5M74%
Share File Acquisition$67.5M27%

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