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Side-by-side financial comparison of Brixmor Property Group Inc. (BRX) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

Brixmor Property Group Inc. is the larger business by last-quarter revenue ($354.8M vs $252.7M, roughly 1.4× PROGRESS SOFTWARE CORP). Brixmor Property Group Inc. runs the higher net margin — 36.0% vs 10.2%, a 25.8% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 5.1%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 6.0%).

Brixmor Property Group is a publicly traded real estate investment trust that invests in shopping centers.

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.

BRX vs PRGS — Head-to-Head

Bigger by revenue
BRX
BRX
1.4× larger
BRX
$354.8M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+12.4% gap
PRGS
17.5%
5.1%
BRX
Higher net margin
BRX
BRX
25.8% more per $
BRX
36.0%
10.2%
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
6.0%
BRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BRX
BRX
PRGS
PRGS
Revenue
$354.8M
$252.7M
Net Profit
$127.8M
$25.7M
Gross Margin
81.6%
Operating Margin
37.8%
15.2%
Net Margin
36.0%
10.2%
Revenue YoY
5.1%
17.5%
Net Profit YoY
83.2%
2144.6%
EPS (diluted)
$0.41
$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
BRX
BRX
PRGS
PRGS
Q1 26
$354.8M
Q4 25
$353.8M
$252.7M
Q3 25
$340.8M
$249.8M
Q2 25
$339.5M
$237.4M
Q1 25
$337.5M
$238.0M
Q4 24
$328.4M
$215.0M
Q3 24
$320.7M
$178.7M
Q2 24
$315.7M
$175.1M
Net Profit
BRX
BRX
PRGS
PRGS
Q1 26
$127.8M
Q4 25
$137.1M
$25.7M
Q3 25
$94.2M
$19.4M
Q2 25
$85.1M
$17.0M
Q1 25
$69.7M
$10.9M
Q4 24
$83.4M
$1.1M
Q3 24
$96.8M
$28.5M
Q2 24
$70.1M
$16.2M
Gross Margin
BRX
BRX
PRGS
PRGS
Q1 26
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%
Operating Margin
BRX
BRX
PRGS
PRGS
Q1 26
37.8%
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%
Net Margin
BRX
BRX
PRGS
PRGS
Q1 26
36.0%
Q4 25
38.8%
10.2%
Q3 25
27.6%
7.8%
Q2 25
25.1%
7.2%
Q1 25
20.7%
4.6%
Q4 24
25.4%
0.5%
Q3 24
30.2%
15.9%
Q2 24
22.2%
9.2%
EPS (diluted)
BRX
BRX
PRGS
PRGS
Q1 26
$0.41
Q4 25
$0.43
$0.59
Q3 25
$0.31
$0.44
Q2 25
$0.28
$0.39
Q1 25
$0.23
$0.24
Q4 24
$0.27
$0.01
Q3 24
$0.32
$0.65
Q2 24
$0.23
$0.37

Balance Sheet & Financial Strength

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

Metric
BRX
BRX
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$323.9M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.0B
$478.3M
Total Assets
$9.1B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRX
BRX
PRGS
PRGS
Q1 26
$323.9M
Q4 25
$334.4M
$94.8M
Q3 25
$331.5M
$99.0M
Q2 25
$105.0M
$102.0M
Q1 25
$106.5M
$124.2M
Q4 24
$377.6M
$118.1M
Q3 24
$451.3M
$232.7M
Q2 24
$473.6M
$190.4M
Total Debt
BRX
BRX
PRGS
PRGS
Q1 26
Q4 25
$5.5B
$1.4B
Q3 25
$5.5B
$1.4B
Q2 25
$5.1B
$1.5B
Q1 25
$5.1B
$1.5B
Q4 24
$5.3B
$1.5B
Q3 24
Q2 24
Stockholders' Equity
BRX
BRX
PRGS
PRGS
Q1 26
$3.0B
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
$2.9B
$425.6M
Q2 24
$2.9B
$401.7M
Total Assets
BRX
BRX
PRGS
PRGS
Q1 26
$9.1B
Q4 25
$9.1B
$2.5B
Q3 25
$9.0B
$2.4B
Q2 25
$8.6B
$2.4B
Q1 25
$8.6B
$2.5B
Q4 24
$8.9B
$2.5B
Q3 24
$8.7B
$1.6B
Q2 24
$8.7B
$1.6B
Debt / Equity
BRX
BRX
PRGS
PRGS
Q1 26
Q4 25
1.83×
2.93×
Q3 25
1.85×
2.97×
Q2 25
1.73×
3.22×
Q1 25
1.73×
3.50×
Q4 24
1.79×
3.48×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BRX
BRX
PRGS
PRGS
Operating Cash FlowLast quarter
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
3.4%
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
BRX
BRX
PRGS
PRGS
Q1 26
Q4 25
$652.0M
$62.8M
Q3 25
$168.3M
$73.4M
Q2 25
$181.5M
$30.0M
Q1 25
$130.1M
$68.9M
Q4 24
$624.7M
$19.7M
Q3 24
$157.5M
$57.7M
Q2 24
$183.5M
$63.7M
Free Cash Flow
BRX
BRX
PRGS
PRGS
Q1 26
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
FCF Margin
BRX
BRX
PRGS
PRGS
Q1 26
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%
Capex Intensity
BRX
BRX
PRGS
PRGS
Q1 26
3.4%
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%
Cash Conversion
BRX
BRX
PRGS
PRGS
Q1 26
Q4 25
4.75×
2.44×
Q3 25
1.79×
3.78×
Q2 25
2.13×
1.76×
Q1 25
1.87×
6.30×
Q4 24
7.49×
17.13×
Q3 24
1.63×
2.03×
Q2 24
2.62×
3.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRX
BRX

Rental income$354.3M100%
Other revenues$482.0K0%

PRGS
PRGS

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

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