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Side-by-side financial comparison of Groupon, Inc. (GRPN) 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 $132.7M, roughly 1.9× Groupon, Inc.). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 6.0%, a 4.2% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 1.8%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $53.0M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 3.8%).

Groupon, Inc. is an American e-commerce marketplace that connects subscribers with local merchants by offering activities, travel, goods, and services in 13 countries.

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.

GRPN vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.9× larger
PRGS
$252.7M
$132.7M
GRPN
Growing faster (revenue YoY)
PRGS
PRGS
+15.8% gap
PRGS
17.5%
1.8%
GRPN
Higher net margin
PRGS
PRGS
4.2% more per $
PRGS
10.2%
6.0%
GRPN
More free cash flow
PRGS
PRGS
$6.9M more FCF
PRGS
$59.9M
$53.0M
GRPN
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
3.8%
GRPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRPN
GRPN
PRGS
PRGS
Revenue
$132.7M
$252.7M
Net Profit
$7.9M
$25.7M
Gross Margin
90.4%
81.6%
Operating Margin
4.9%
15.2%
Net Margin
6.0%
10.2%
Revenue YoY
1.8%
17.5%
Net Profit YoY
115.8%
2144.6%
EPS (diluted)
$0.21
$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
GRPN
GRPN
PRGS
PRGS
Q4 25
$132.7M
$252.7M
Q3 25
$122.8M
$249.8M
Q2 25
$125.7M
$237.4M
Q1 25
$117.2M
$238.0M
Q4 24
$130.4M
$215.0M
Q3 24
$114.5M
$178.7M
Q2 24
$124.6M
$175.1M
Q1 24
$123.1M
$184.7M
Net Profit
GRPN
GRPN
PRGS
PRGS
Q4 25
$7.9M
$25.7M
Q3 25
$-118.4M
$19.4M
Q2 25
$20.3M
$17.0M
Q1 25
$7.2M
$10.9M
Q4 24
$-50.1M
$1.1M
Q3 24
$13.9M
$28.5M
Q2 24
$-10.0M
$16.2M
Q1 24
$-12.3M
$22.6M
Gross Margin
GRPN
GRPN
PRGS
PRGS
Q4 25
90.4%
81.6%
Q3 25
91.1%
81.0%
Q2 25
91.0%
80.1%
Q1 25
90.7%
80.6%
Q4 24
90.6%
83.0%
Q3 24
89.9%
83.7%
Q2 24
90.4%
81.7%
Q1 24
89.8%
82.2%
Operating Margin
GRPN
GRPN
PRGS
PRGS
Q4 25
4.9%
15.2%
Q3 25
1.8%
17.6%
Q2 25
10.4%
16.3%
Q1 25
1.6%
13.6%
Q4 24
2.0%
10.0%
Q3 24
-4.9%
22.6%
Q2 24
3.5%
15.5%
Q1 24
6.0%
19.0%
Net Margin
GRPN
GRPN
PRGS
PRGS
Q4 25
6.0%
10.2%
Q3 25
-96.4%
7.8%
Q2 25
16.2%
7.2%
Q1 25
6.1%
4.6%
Q4 24
-38.4%
0.5%
Q3 24
12.2%
15.9%
Q2 24
-8.1%
9.2%
Q1 24
-10.0%
12.3%
EPS (diluted)
GRPN
GRPN
PRGS
PRGS
Q4 25
$0.21
$0.59
Q3 25
$-2.92
$0.44
Q2 25
$0.46
$0.39
Q1 25
$0.17
$0.24
Q4 24
$-1.26
$0.01
Q3 24
$0.33
$0.65
Q2 24
$-0.25
$0.37
Q1 24
$-0.33
$0.51

Balance Sheet & Financial Strength

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

Metric
GRPN
GRPN
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$296.1M
$94.8M
Total DebtLower is stronger
$342.8M
$1.4B
Stockholders' EquityBook value
$-42.6M
$478.3M
Total Assets
$670.4M
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRPN
GRPN
PRGS
PRGS
Q4 25
$296.1M
$94.8M
Q3 25
$238.5M
$99.0M
Q2 25
$262.6M
$102.0M
Q1 25
$226.8M
$124.2M
Q4 24
$228.8M
$118.1M
Q3 24
$159.7M
$232.7M
Q2 24
$178.1M
$190.4M
Q1 24
$158.7M
$133.2M
Total Debt
GRPN
GRPN
PRGS
PRGS
Q4 25
$342.8M
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$246.0M
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GRPN
GRPN
PRGS
PRGS
Q4 25
$-42.6M
$478.3M
Q3 25
$-59.6M
$477.7M
Q2 25
$51.2M
$452.7M
Q1 25
$45.5M
$431.8M
Q4 24
$40.8M
$438.8M
Q3 24
$40.0M
$425.6M
Q2 24
$40.2M
$401.7M
Q1 24
$41.2M
$461.7M
Total Assets
GRPN
GRPN
PRGS
PRGS
Q4 25
$670.4M
$2.5B
Q3 25
$608.2M
$2.4B
Q2 25
$647.4M
$2.4B
Q1 25
$608.2M
$2.5B
Q4 24
$612.7M
$2.5B
Q3 24
$548.0M
$1.6B
Q2 24
$572.8M
$1.6B
Q1 24
$580.5M
$1.5B
Debt / Equity
GRPN
GRPN
PRGS
PRGS
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
6.03×
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
GRPN
GRPN
PRGS
PRGS
Operating Cash FlowLast quarter
$56.6M
$62.8M
Free Cash FlowOCF − Capex
$53.0M
$59.9M
FCF MarginFCF / Revenue
40.0%
23.7%
Capex IntensityCapex / Revenue
2.7%
1.1%
Cash ConversionOCF / Net Profit
7.13×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$49.9M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRPN
GRPN
PRGS
PRGS
Q4 25
$56.6M
$62.8M
Q3 25
$-20.5M
$73.4M
Q2 25
$28.4M
$30.0M
Q1 25
$-22.0K
$68.9M
Q4 24
$67.0M
$19.7M
Q3 24
$-16.3M
$57.7M
Q2 24
$15.3M
$63.7M
Q1 24
$-10.1M
$70.5M
Free Cash Flow
GRPN
GRPN
PRGS
PRGS
Q4 25
$53.0M
$59.9M
Q3 25
$-24.6M
$72.4M
Q2 25
$25.2M
$29.5M
Q1 25
$-3.8M
$67.7M
Q4 24
$63.2M
$16.8M
Q3 24
$-19.7M
$56.6M
Q2 24
$10.8M
$62.7M
Q1 24
$-13.8M
$70.2M
FCF Margin
GRPN
GRPN
PRGS
PRGS
Q4 25
40.0%
23.7%
Q3 25
-20.0%
29.0%
Q2 25
20.0%
12.4%
Q1 25
-3.2%
28.4%
Q4 24
48.5%
7.8%
Q3 24
-17.2%
31.7%
Q2 24
8.7%
35.8%
Q1 24
-11.2%
38.0%
Capex Intensity
GRPN
GRPN
PRGS
PRGS
Q4 25
2.7%
1.1%
Q3 25
3.3%
0.4%
Q2 25
2.6%
0.2%
Q1 25
3.2%
0.5%
Q4 24
2.9%
1.3%
Q3 24
3.0%
0.6%
Q2 24
3.6%
0.5%
Q1 24
3.0%
0.2%
Cash Conversion
GRPN
GRPN
PRGS
PRGS
Q4 25
7.13×
2.44×
Q3 25
3.78×
Q2 25
1.40×
1.76×
Q1 25
-0.00×
6.30×
Q4 24
17.13×
Q3 24
-1.17×
2.03×
Q2 24
3.93×
Q1 24
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRPN
GRPN

Service Local$94.8M71%
Other$35.6M27%
Service Travel$2.3M2%

PRGS
PRGS

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

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