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Side-by-side financial comparison of FIRST FINANCIAL BANKSHARES INC (FFIN) 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 $164.7M, roughly 1.5× FIRST FINANCIAL BANKSHARES INC). FIRST FINANCIAL BANKSHARES INC runs the higher net margin — 44.5% vs 10.2%, a 34.3% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 12.0%). FIRST FINANCIAL BANKSHARES INC produced more free cash flow last quarter ($286.0M vs $59.9M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 12.7%).

First Financial Bank is a regional bank operated by First Financial Corporation and based in Terre Haute, Indiana. It is the oldest national bank in Indiana and the fifth oldest national bank in the United States. First Financial Corporation is Vigo County's only publicly traded company.

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.

FFIN vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.5× larger
PRGS
$252.7M
$164.7M
FFIN
Growing faster (revenue YoY)
PRGS
PRGS
+5.6% gap
PRGS
17.5%
12.0%
FFIN
Higher net margin
FFIN
FFIN
34.3% more per $
FFIN
44.5%
10.2%
PRGS
More free cash flow
FFIN
FFIN
$226.1M more FCF
FFIN
$286.0M
$59.9M
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
12.7%
FFIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFIN
FFIN
PRGS
PRGS
Revenue
$164.7M
$252.7M
Net Profit
$73.3M
$25.7M
Gross Margin
81.6%
Operating Margin
54.4%
15.2%
Net Margin
44.5%
10.2%
Revenue YoY
12.0%
17.5%
Net Profit YoY
17.6%
2144.6%
EPS (diluted)
$0.51
$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
FFIN
FFIN
PRGS
PRGS
Q4 25
$164.7M
$252.7M
Q3 25
$161.3M
$249.8M
Q2 25
$156.6M
$237.4M
Q1 25
$149.0M
$238.0M
Q4 24
$147.1M
$215.0M
Q3 24
$139.5M
$178.7M
Q2 24
$134.5M
$175.1M
Q1 24
$129.6M
$184.7M
Net Profit
FFIN
FFIN
PRGS
PRGS
Q4 25
$73.3M
$25.7M
Q3 25
$52.3M
$19.4M
Q2 25
$66.7M
$17.0M
Q1 25
$61.3M
$10.9M
Q4 24
$62.3M
$1.1M
Q3 24
$55.3M
$28.5M
Q2 24
$52.5M
$16.2M
Q1 24
$53.4M
$22.6M
Gross Margin
FFIN
FFIN
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
FFIN
FFIN
PRGS
PRGS
Q4 25
54.4%
15.2%
Q3 25
39.2%
17.6%
Q2 25
52.2%
16.3%
Q1 25
50.4%
13.6%
Q4 24
51.7%
10.0%
Q3 24
48.3%
22.6%
Q2 24
47.3%
15.5%
Q1 24
50.0%
19.0%
Net Margin
FFIN
FFIN
PRGS
PRGS
Q4 25
44.5%
10.2%
Q3 25
32.4%
7.8%
Q2 25
42.6%
7.2%
Q1 25
41.2%
4.6%
Q4 24
42.4%
0.5%
Q3 24
39.7%
15.9%
Q2 24
39.0%
9.2%
Q1 24
41.2%
12.3%
EPS (diluted)
FFIN
FFIN
PRGS
PRGS
Q4 25
$0.51
$0.59
Q3 25
$0.36
$0.44
Q2 25
$0.47
$0.39
Q1 25
$0.43
$0.24
Q4 24
$0.43
$0.01
Q3 24
$0.39
$0.65
Q2 24
$0.37
$0.37
Q1 24
$0.37
$0.51

Balance Sheet & Financial Strength

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

Metric
FFIN
FFIN
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.9B
$478.3M
Total Assets
$15.4B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFIN
FFIN
PRGS
PRGS
Q4 25
$94.8M
Q3 25
$99.0M
Q2 25
$102.0M
Q1 25
$124.2M
Q4 24
$118.1M
Q3 24
$232.7M
Q2 24
$190.4M
Q1 24
$133.2M
Total Debt
FFIN
FFIN
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
FFIN
FFIN
PRGS
PRGS
Q4 25
$1.9B
$478.3M
Q3 25
$1.8B
$477.7M
Q2 25
$1.7B
$452.7M
Q1 25
$1.7B
$431.8M
Q4 24
$1.6B
$438.8M
Q3 24
$1.7B
$425.6M
Q2 24
$1.5B
$401.7M
Q1 24
$1.5B
$461.7M
Total Assets
FFIN
FFIN
PRGS
PRGS
Q4 25
$15.4B
$2.5B
Q3 25
$14.8B
$2.4B
Q2 25
$14.4B
$2.4B
Q1 25
$14.3B
$2.5B
Q4 24
$14.0B
$2.5B
Q3 24
$13.6B
$1.6B
Q2 24
$13.2B
$1.6B
Q1 24
$13.2B
$1.5B
Debt / Equity
FFIN
FFIN
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
FFIN
FFIN
PRGS
PRGS
Operating Cash FlowLast quarter
$299.4M
$62.8M
Free Cash FlowOCF − Capex
$286.0M
$59.9M
FCF MarginFCF / Revenue
173.6%
23.7%
Capex IntensityCapex / Revenue
8.2%
1.1%
Cash ConversionOCF / Net Profit
4.08×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$503.1M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFIN
FFIN
PRGS
PRGS
Q4 25
$299.4M
$62.8M
Q3 25
$86.5M
$73.4M
Q2 25
$61.3M
$30.0M
Q1 25
$76.8M
$68.9M
Q4 24
$309.6M
$19.7M
Q3 24
$80.7M
$57.7M
Q2 24
$68.8M
$63.7M
Q1 24
$75.6M
$70.5M
Free Cash Flow
FFIN
FFIN
PRGS
PRGS
Q4 25
$286.0M
$59.9M
Q3 25
$83.7M
$72.4M
Q2 25
$58.7M
$29.5M
Q1 25
$74.7M
$67.7M
Q4 24
$292.9M
$16.8M
Q3 24
$77.7M
$56.6M
Q2 24
$63.8M
$62.7M
Q1 24
$71.7M
$70.2M
FCF Margin
FFIN
FFIN
PRGS
PRGS
Q4 25
173.6%
23.7%
Q3 25
51.9%
29.0%
Q2 25
37.5%
12.4%
Q1 25
50.1%
28.4%
Q4 24
199.1%
7.8%
Q3 24
55.7%
31.7%
Q2 24
47.4%
35.8%
Q1 24
55.3%
38.0%
Capex Intensity
FFIN
FFIN
PRGS
PRGS
Q4 25
8.2%
1.1%
Q3 25
1.7%
0.4%
Q2 25
1.6%
0.2%
Q1 25
1.4%
0.5%
Q4 24
11.4%
1.3%
Q3 24
2.2%
0.6%
Q2 24
3.7%
0.5%
Q1 24
3.0%
0.2%
Cash Conversion
FFIN
FFIN
PRGS
PRGS
Q4 25
4.08×
2.44×
Q3 25
1.65×
3.78×
Q2 25
0.92×
1.76×
Q1 25
1.25×
6.30×
Q4 24
4.97×
17.13×
Q3 24
1.46×
2.03×
Q2 24
1.31×
3.93×
Q1 24
1.42×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FFIN
FFIN

Segment breakdown not available.

PRGS
PRGS

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

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