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Side-by-side financial comparison of ASTEC INDUSTRIES INC (ASTE) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

ASTEC INDUSTRIES INC is the larger business by last-quarter revenue ($400.6M vs $252.7M, roughly 1.6× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 3.0%, a 7.2% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 11.6%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $7.4M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 13.8%).

Astec International plc, better known as Astec Power or just Astec, was an international electronics company originally based in Hong Kong that manufactured power supply units and electric power conversion hardware. It was a major vendor of power supply units for computer systems, and for a time it was the largest global manufacturer of power supplies.

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.

ASTE vs PRGS — Head-to-Head

Bigger by revenue
ASTE
ASTE
1.6× larger
ASTE
$400.6M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+6.0% gap
PRGS
17.5%
11.6%
ASTE
Higher net margin
PRGS
PRGS
7.2% more per $
PRGS
10.2%
3.0%
ASTE
More free cash flow
PRGS
PRGS
$52.5M more FCF
PRGS
$59.9M
$7.4M
ASTE
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
13.8%
ASTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASTE
ASTE
PRGS
PRGS
Revenue
$400.6M
$252.7M
Net Profit
$12.0M
$25.7M
Gross Margin
27.3%
81.6%
Operating Margin
5.7%
15.2%
Net Margin
3.0%
10.2%
Revenue YoY
11.6%
17.5%
Net Profit YoY
-43.1%
2144.6%
EPS (diluted)
$0.52
$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
ASTE
ASTE
PRGS
PRGS
Q4 25
$400.6M
$252.7M
Q3 25
$350.1M
$249.8M
Q2 25
$330.3M
$237.4M
Q1 25
$329.4M
$238.0M
Q4 24
$359.0M
$215.0M
Q3 24
$291.4M
$178.7M
Q2 24
$345.5M
$175.1M
Q1 24
$309.2M
$184.7M
Net Profit
ASTE
ASTE
PRGS
PRGS
Q4 25
$12.0M
$25.7M
Q3 25
$-4.2M
$19.4M
Q2 25
$16.7M
$17.0M
Q1 25
$14.3M
$10.9M
Q4 24
$21.1M
$1.1M
Q3 24
$-6.2M
$28.5M
Q2 24
$-14.0M
$16.2M
Q1 24
$3.4M
$22.6M
Gross Margin
ASTE
ASTE
PRGS
PRGS
Q4 25
27.3%
81.6%
Q3 25
24.1%
81.0%
Q2 25
26.7%
80.1%
Q1 25
28.1%
80.6%
Q4 24
28.7%
83.0%
Q3 24
22.9%
83.7%
Q2 24
23.5%
81.7%
Q1 24
24.9%
82.2%
Operating Margin
ASTE
ASTE
PRGS
PRGS
Q4 25
5.7%
15.2%
Q3 25
0.3%
17.6%
Q2 25
6.5%
16.3%
Q1 25
6.2%
13.6%
Q4 24
9.7%
10.0%
Q3 24
-2.5%
22.6%
Q2 24
-3.1%
15.5%
Q1 24
2.0%
19.0%
Net Margin
ASTE
ASTE
PRGS
PRGS
Q4 25
3.0%
10.2%
Q3 25
-1.2%
7.8%
Q2 25
5.1%
7.2%
Q1 25
4.3%
4.6%
Q4 24
5.9%
0.5%
Q3 24
-2.1%
15.9%
Q2 24
-4.1%
9.2%
Q1 24
1.1%
12.3%
EPS (diluted)
ASTE
ASTE
PRGS
PRGS
Q4 25
$0.52
$0.59
Q3 25
$-0.18
$0.44
Q2 25
$0.72
$0.39
Q1 25
$0.62
$0.24
Q4 24
$0.92
$0.01
Q3 24
$-0.27
$0.65
Q2 24
$-0.61
$0.37
Q1 24
$0.15
$0.51

Balance Sheet & Financial Strength

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

Metric
ASTE
ASTE
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$74.1M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$681.7M
$478.3M
Total Assets
$1.4B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
PRGS
PRGS
Q4 25
$74.1M
$94.8M
Q3 25
$71.8M
$99.0M
Q2 25
$91.6M
$102.0M
Q1 25
$95.4M
$124.2M
Q4 24
$93.8M
$118.1M
Q3 24
$58.9M
$232.7M
Q2 24
$68.4M
$190.4M
Q1 24
$63.8M
$133.2M
Total Debt
ASTE
ASTE
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
ASTE
ASTE
PRGS
PRGS
Q4 25
$681.7M
$478.3M
Q3 25
$668.9M
$477.7M
Q2 25
$674.9M
$452.7M
Q1 25
$653.2M
$431.8M
Q4 24
$637.8M
$438.8M
Q3 24
$631.4M
$425.6M
Q2 24
$633.3M
$401.7M
Q1 24
$650.3M
$461.7M
Total Assets
ASTE
ASTE
PRGS
PRGS
Q4 25
$1.4B
$2.5B
Q3 25
$1.3B
$2.4B
Q2 25
$1.1B
$2.4B
Q1 25
$1.1B
$2.5B
Q4 24
$1.0B
$2.5B
Q3 24
$1.1B
$1.6B
Q2 24
$1.1B
$1.6B
Q1 24
$1.1B
$1.5B
Debt / Equity
ASTE
ASTE
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
ASTE
ASTE
PRGS
PRGS
Operating Cash FlowLast quarter
$36.1M
$62.8M
Free Cash FlowOCF − Capex
$7.4M
$59.9M
FCF MarginFCF / Revenue
1.8%
23.7%
Capex IntensityCapex / Revenue
7.2%
1.1%
Cash ConversionOCF / Net Profit
3.01×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$20.7M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
PRGS
PRGS
Q4 25
$36.1M
$62.8M
Q3 25
$-8.1M
$73.4M
Q2 25
$12.9M
$30.0M
Q1 25
$20.5M
$68.9M
Q4 24
$36.6M
$19.7M
Q3 24
$22.5M
$57.7M
Q2 24
$10.9M
$63.7M
Q1 24
$-47.0M
$70.5M
Free Cash Flow
ASTE
ASTE
PRGS
PRGS
Q4 25
$7.4M
$59.9M
Q3 25
$-12.3M
$72.4M
Q2 25
$9.0M
$29.5M
Q1 25
$16.6M
$67.7M
Q4 24
$32.1M
$16.8M
Q3 24
$19.9M
$56.6M
Q2 24
$3.3M
$62.7M
Q1 24
$-52.8M
$70.2M
FCF Margin
ASTE
ASTE
PRGS
PRGS
Q4 25
1.8%
23.7%
Q3 25
-3.5%
29.0%
Q2 25
2.7%
12.4%
Q1 25
5.0%
28.4%
Q4 24
8.9%
7.8%
Q3 24
6.8%
31.7%
Q2 24
1.0%
35.8%
Q1 24
-17.1%
38.0%
Capex Intensity
ASTE
ASTE
PRGS
PRGS
Q4 25
7.2%
1.1%
Q3 25
1.2%
0.4%
Q2 25
1.2%
0.2%
Q1 25
1.2%
0.5%
Q4 24
1.3%
1.3%
Q3 24
0.9%
0.6%
Q2 24
2.2%
0.5%
Q1 24
1.9%
0.2%
Cash Conversion
ASTE
ASTE
PRGS
PRGS
Q4 25
3.01×
2.44×
Q3 25
3.78×
Q2 25
0.77×
1.76×
Q1 25
1.43×
6.30×
Q4 24
1.73×
17.13×
Q3 24
2.03×
Q2 24
3.93×
Q1 24
-13.82×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASTE
ASTE

Infrastructure Group$208.7M52%
Material Solutions$105.3M26%
Parts And Component Sales$58.3M15%
Other$15.3M4%
Service And Equipment Installation Revenue$6.9M2%
Cargo And Freight$6.1M2%

PRGS
PRGS

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

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