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Side-by-side financial comparison of CHOICE HOTELS INTERNATIONAL INC (CHH) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

CHOICE HOTELS INTERNATIONAL INC is the larger business by last-quarter revenue ($340.6M vs $252.7M, roughly 1.3× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 5.9%, a 4.3% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 2.3%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs -11.5%).

Choice Hotels International, Inc. is an American multinational hospitality company based in North Bethesda, Maryland. The company, which is one of the largest hotel chains in the world, owns various hotel brands ranging from upscale to economy. As of the end of 2024, Choice Hotels franchised nearly 7,600 hotels, representing over 650,000 rooms, in 46 countries and territories.

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.

CHH vs PRGS — Head-to-Head

Bigger by revenue
CHH
CHH
1.3× larger
CHH
$340.6M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+15.2% gap
PRGS
17.5%
2.3%
CHH
Higher net margin
PRGS
PRGS
4.3% more per $
PRGS
10.2%
5.9%
CHH
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-11.5%
CHH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CHH
CHH
PRGS
PRGS
Revenue
$340.6M
$252.7M
Net Profit
$20.0M
$25.7M
Gross Margin
81.6%
Operating Margin
17.6%
15.2%
Net Margin
5.9%
10.2%
Revenue YoY
2.3%
17.5%
Net Profit YoY
-54.4%
2144.6%
EPS (diluted)
$0.44
$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
CHH
CHH
PRGS
PRGS
Q1 26
$340.6M
Q4 25
$390.1M
$252.7M
Q3 25
$447.3M
$249.8M
Q2 25
$426.4M
$237.4M
Q1 25
$332.9M
$238.0M
Q4 24
$389.8M
$215.0M
Q3 24
$428.0M
$178.7M
Q2 24
$435.2M
$175.1M
Net Profit
CHH
CHH
PRGS
PRGS
Q1 26
$20.0M
Q4 25
$63.7M
$25.7M
Q3 25
$180.0M
$19.4M
Q2 25
$81.7M
$17.0M
Q1 25
$44.5M
$10.9M
Q4 24
$75.8M
$1.1M
Q3 24
$105.7M
$28.5M
Q2 24
$87.1M
$16.2M
Gross Margin
CHH
CHH
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
CHH
CHH
PRGS
PRGS
Q1 26
17.6%
Q4 25
26.0%
15.2%
Q3 25
31.8%
17.6%
Q2 25
29.2%
16.3%
Q1 25
24.0%
13.6%
Q4 24
30.6%
10.0%
Q3 24
35.5%
22.6%
Q2 24
30.5%
15.5%
Net Margin
CHH
CHH
PRGS
PRGS
Q1 26
5.9%
Q4 25
16.3%
10.2%
Q3 25
40.2%
7.8%
Q2 25
19.2%
7.2%
Q1 25
13.4%
4.6%
Q4 24
19.4%
0.5%
Q3 24
24.7%
15.9%
Q2 24
20.0%
9.2%
EPS (diluted)
CHH
CHH
PRGS
PRGS
Q1 26
$0.44
Q4 25
$1.35
$0.59
Q3 25
$3.86
$0.44
Q2 25
$1.75
$0.39
Q1 25
$0.94
$0.24
Q4 24
$1.56
$0.01
Q3 24
$2.22
$0.65
Q2 24
$1.80
$0.37

Balance Sheet & Financial Strength

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

Metric
CHH
CHH
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$43.9M
$94.8M
Total DebtLower is stronger
$2.0B
$1.4B
Stockholders' EquityBook value
$137.4M
$478.3M
Total Assets
$2.9B
$2.5B
Debt / EquityLower = less leverage
14.58×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHH
CHH
PRGS
PRGS
Q1 26
$43.9M
Q4 25
$45.0M
$94.8M
Q3 25
$52.6M
$99.0M
Q2 25
$58.6M
$102.0M
Q1 25
$40.1M
$124.2M
Q4 24
$40.2M
$118.1M
Q3 24
$58.6M
$232.7M
Q2 24
$60.4M
$190.4M
Total Debt
CHH
CHH
PRGS
PRGS
Q1 26
$2.0B
Q4 25
$1.9B
$1.4B
Q3 25
$1.9B
$1.4B
Q2 25
$1.9B
$1.5B
Q1 25
$1.9B
$1.5B
Q4 24
$1.8B
$1.5B
Q3 24
$1.8B
Q2 24
$1.9B
Stockholders' Equity
CHH
CHH
PRGS
PRGS
Q1 26
$137.4M
Q4 25
$181.2M
$478.3M
Q3 25
$149.8M
$477.7M
Q2 25
$-26.2M
$452.7M
Q1 25
$-63.9M
$431.8M
Q4 24
$-45.3M
$438.8M
Q3 24
$-96.2M
$425.6M
Q2 24
$-146.8M
$401.7M
Total Assets
CHH
CHH
PRGS
PRGS
Q1 26
$2.9B
Q4 25
$2.9B
$2.5B
Q3 25
$2.9B
$2.4B
Q2 25
$2.7B
$2.4B
Q1 25
$2.6B
$2.5B
Q4 24
$2.5B
$2.5B
Q3 24
$2.5B
$1.6B
Q2 24
$2.5B
$1.6B
Debt / Equity
CHH
CHH
PRGS
PRGS
Q1 26
14.58×
Q4 25
10.52×
2.93×
Q3 25
12.81×
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
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
CHH
CHH
PRGS
PRGS
Operating Cash FlowLast quarter
$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
CHH
CHH
PRGS
PRGS
Q1 26
Q4 25
$85.7M
$62.8M
Q3 25
$68.7M
$73.4M
Q2 25
$95.6M
$30.0M
Q1 25
$20.5M
$68.9M
Q4 24
$82.9M
$19.7M
Q3 24
$122.9M
$57.7M
Q2 24
$111.9M
$63.7M
Free Cash Flow
CHH
CHH
PRGS
PRGS
Q1 26
Q4 25
$64.1M
$59.9M
Q3 25
$49.1M
$72.4M
Q2 25
$65.4M
$29.5M
Q1 25
$-15.0M
$67.7M
Q4 24
$57.4M
$16.8M
Q3 24
$92.6M
$56.6M
Q2 24
$86.6M
$62.7M
FCF Margin
CHH
CHH
PRGS
PRGS
Q1 26
Q4 25
16.4%
23.7%
Q3 25
11.0%
29.0%
Q2 25
15.3%
12.4%
Q1 25
-4.5%
28.4%
Q4 24
14.7%
7.8%
Q3 24
21.6%
31.7%
Q2 24
19.9%
35.8%
Capex Intensity
CHH
CHH
PRGS
PRGS
Q1 26
Q4 25
5.5%
1.1%
Q3 25
4.4%
0.4%
Q2 25
7.1%
0.2%
Q1 25
10.7%
0.5%
Q4 24
6.5%
1.3%
Q3 24
7.1%
0.6%
Q2 24
5.8%
0.5%
Cash Conversion
CHH
CHH
PRGS
PRGS
Q1 26
Q4 25
1.35×
2.44×
Q3 25
0.38×
3.78×
Q2 25
1.17×
1.76×
Q1 25
0.46×
6.30×
Q4 24
1.09×
17.13×
Q3 24
1.16×
2.03×
Q2 24
1.28×
3.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHH
CHH

Franchise and management fees$149.6M44%
Other$135.8M40%
Owned hotels$30.4M9%
Partnership services and fees$24.7M7%

PRGS
PRGS

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

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