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Side-by-side financial comparison of AGNC Investment Corp. (AGNC) 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 $206.0M, roughly 1.2× AGNC Investment Corp.). AGNC Investment Corp. runs the higher net margin — 463.1% vs 10.2%, a 452.9% gap on every dollar of revenue. On growth, AGNC Investment Corp. posted the faster year-over-year revenue change (79.1% vs 17.5%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 7.9%).

The Russell 1000 Index is a U.S. stock market index that tracks the largest 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. The index is market cap weighted, meaning larger companies have a greater influence on the index than smaller companies.

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.

AGNC vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.2× larger
PRGS
$252.7M
$206.0M
AGNC
Growing faster (revenue YoY)
AGNC
AGNC
+61.6% gap
AGNC
79.1%
17.5%
PRGS
Higher net margin
AGNC
AGNC
452.9% more per $
AGNC
463.1%
10.2%
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
7.9%
AGNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGNC
AGNC
PRGS
PRGS
Revenue
$206.0M
$252.7M
Net Profit
$954.0M
$25.7M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
463.1%
10.2%
Revenue YoY
79.1%
17.5%
Net Profit YoY
682.0%
2144.6%
EPS (diluted)
$0.90
$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
AGNC
AGNC
PRGS
PRGS
Q4 25
$206.0M
$252.7M
Q3 25
$148.0M
$249.8M
Q2 25
$162.0M
$237.4M
Q1 25
$159.0M
$238.0M
Q4 24
$215.0M
Q3 24
$-64.0M
$178.7M
Q2 24
$-3.0M
$175.1M
Q1 24
$-30.0M
$184.7M
Net Profit
AGNC
AGNC
PRGS
PRGS
Q4 25
$954.0M
$25.7M
Q3 25
$806.0M
$19.4M
Q2 25
$-140.0M
$17.0M
Q1 25
$50.0M
$10.9M
Q4 24
$1.1M
Q3 24
$346.0M
$28.5M
Q2 24
$-48.0M
$16.2M
Q1 24
$443.0M
$22.6M
Gross Margin
AGNC
AGNC
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
AGNC
AGNC
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
19.0%
Net Margin
AGNC
AGNC
PRGS
PRGS
Q4 25
463.1%
10.2%
Q3 25
544.6%
7.8%
Q2 25
-86.4%
7.2%
Q1 25
31.4%
4.6%
Q4 24
0.5%
Q3 24
-540.6%
15.9%
Q2 24
1600.0%
9.2%
Q1 24
-1476.7%
12.3%
EPS (diluted)
AGNC
AGNC
PRGS
PRGS
Q4 25
$0.90
$0.59
Q3 25
$0.72
$0.44
Q2 25
$-0.17
$0.39
Q1 25
$0.02
$0.24
Q4 24
$0.01
Q3 24
$0.39
$0.65
Q2 24
$-0.11
$0.37
Q1 24
$0.59
$0.51

Balance Sheet & Financial Strength

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

Metric
AGNC
AGNC
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$450.0M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$12.4B
$478.3M
Total Assets
$115.1B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGNC
AGNC
PRGS
PRGS
Q4 25
$450.0M
$94.8M
Q3 25
$450.0M
$99.0M
Q2 25
$656.0M
$102.0M
Q1 25
$455.0M
$124.2M
Q4 24
$118.1M
Q3 24
$507.0M
$232.7M
Q2 24
$530.0M
$190.4M
Q1 24
$505.0M
$133.2M
Total Debt
AGNC
AGNC
PRGS
PRGS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AGNC
AGNC
PRGS
PRGS
Q4 25
$12.4B
$478.3M
Q3 25
$11.4B
$477.7M
Q2 25
$10.3B
$452.7M
Q1 25
$10.0B
$431.8M
Q4 24
$438.8M
Q3 24
$9.7B
$425.6M
Q2 24
$8.7B
$401.7M
Q1 24
$8.6B
$461.7M
Total Assets
AGNC
AGNC
PRGS
PRGS
Q4 25
$115.1B
$2.5B
Q3 25
$109.0B
$2.4B
Q2 25
$102.0B
$2.4B
Q1 25
$95.9B
$2.5B
Q4 24
$2.5B
Q3 24
$89.6B
$1.6B
Q2 24
$79.7B
$1.6B
Q1 24
$71.9B
$1.5B
Debt / Equity
AGNC
AGNC
PRGS
PRGS
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
3.48×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
AGNC
AGNC
PRGS
PRGS
Operating Cash FlowLast quarter
$653.0M
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
0.68×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGNC
AGNC
PRGS
PRGS
Q4 25
$653.0M
$62.8M
Q3 25
$153.0M
$73.4M
Q2 25
$180.0M
$30.0M
Q1 25
$192.0M
$68.9M
Q4 24
$19.7M
Q3 24
$7.0M
$57.7M
Q2 24
$-20.0M
$63.7M
Q1 24
$20.0M
$70.5M
Free Cash Flow
AGNC
AGNC
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
AGNC
AGNC
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
AGNC
AGNC
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
AGNC
AGNC
PRGS
PRGS
Q4 25
0.68×
2.44×
Q3 25
0.19×
3.78×
Q2 25
1.76×
Q1 25
3.84×
6.30×
Q4 24
17.13×
Q3 24
0.02×
2.03×
Q2 24
3.93×
Q1 24
0.05×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AGNC
AGNC

Segment breakdown not available.

PRGS
PRGS

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

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