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Side-by-side financial comparison of InterDigital, Inc. (IDCC) 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 $158.2M, roughly 1.6× InterDigital, Inc.). InterDigital, Inc. runs the higher net margin — 27.2% vs 10.2%, a 17.0% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -37.4%). InterDigital, Inc. produced more free cash flow last quarter ($528.6M vs $59.9M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs -22.5%).

InterDigital, Inc. is an American technology research and development company that provides wireless and video technologies for mobile devices, networks, and services worldwide. Founded in 1972, InterDigital is listed on the Nasdaq and is included in the S&P 600 index.

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.

IDCC vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.6× larger
PRGS
$252.7M
$158.2M
IDCC
Growing faster (revenue YoY)
PRGS
PRGS
+54.9% gap
PRGS
17.5%
-37.4%
IDCC
Higher net margin
IDCC
IDCC
17.0% more per $
IDCC
27.2%
10.2%
PRGS
More free cash flow
IDCC
IDCC
$468.6M more FCF
IDCC
$528.6M
$59.9M
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-22.5%
IDCC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IDCC
IDCC
PRGS
PRGS
Revenue
$158.2M
$252.7M
Net Profit
$43.0M
$25.7M
Gross Margin
81.6%
Operating Margin
30.2%
15.2%
Net Margin
27.2%
10.2%
Revenue YoY
-37.4%
17.5%
Net Profit YoY
-67.7%
2144.6%
EPS (diluted)
$1.07
$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
IDCC
IDCC
PRGS
PRGS
Q4 25
$158.2M
$252.7M
Q3 25
$164.7M
$249.8M
Q2 25
$300.6M
$237.4M
Q1 25
$210.5M
$238.0M
Q4 24
$252.8M
$215.0M
Q3 24
$128.7M
$178.7M
Q2 24
$223.5M
$175.1M
Q1 24
$263.5M
$184.7M
Net Profit
IDCC
IDCC
PRGS
PRGS
Q4 25
$43.0M
$25.7M
Q3 25
$67.5M
$19.4M
Q2 25
$180.6M
$17.0M
Q1 25
$115.6M
$10.9M
Q4 24
$133.1M
$1.1M
Q3 24
$34.2M
$28.5M
Q2 24
$109.7M
$16.2M
Q1 24
$81.7M
$22.6M
Gross Margin
IDCC
IDCC
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
IDCC
IDCC
PRGS
PRGS
Q4 25
30.2%
15.2%
Q3 25
46.0%
17.6%
Q2 25
68.3%
16.3%
Q1 25
62.6%
13.6%
Q4 24
64.3%
10.0%
Q3 24
30.6%
22.6%
Q2 24
59.9%
15.5%
Q1 24
39.4%
19.0%
Net Margin
IDCC
IDCC
PRGS
PRGS
Q4 25
27.2%
10.2%
Q3 25
41.0%
7.8%
Q2 25
60.1%
7.2%
Q1 25
54.9%
4.6%
Q4 24
52.7%
0.5%
Q3 24
26.6%
15.9%
Q2 24
49.1%
9.2%
Q1 24
31.0%
12.3%
EPS (diluted)
IDCC
IDCC
PRGS
PRGS
Q4 25
$1.07
$0.59
Q3 25
$1.93
$0.44
Q2 25
$5.35
$0.39
Q1 25
$3.45
$0.24
Q4 24
$4.12
$0.01
Q3 24
$1.14
$0.65
Q2 24
$3.93
$0.37
Q1 24
$2.88
$0.51

Balance Sheet & Financial Strength

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

Metric
IDCC
IDCC
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$1.2B
$94.8M
Total DebtLower is stronger
$16.3M
$1.4B
Stockholders' EquityBook value
$1.1B
$478.3M
Total Assets
$2.1B
$2.5B
Debt / EquityLower = less leverage
0.01×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDCC
IDCC
PRGS
PRGS
Q4 25
$1.2B
$94.8M
Q3 25
$1.3B
$99.0M
Q2 25
$937.0M
$102.0M
Q1 25
$883.3M
$124.2M
Q4 24
$958.2M
$118.1M
Q3 24
$813.2M
$232.7M
Q2 24
$760.3M
$190.4M
Q1 24
$984.6M
$133.2M
Total Debt
IDCC
IDCC
PRGS
PRGS
Q4 25
$16.3M
$1.4B
Q3 25
$17.1M
$1.4B
Q2 25
$16.6M
$1.5B
Q1 25
$16.0M
$1.5B
Q4 24
$15.4M
$1.5B
Q3 24
$18.3M
Q2 24
$17.7M
Q1 24
$28.0M
Stockholders' Equity
IDCC
IDCC
PRGS
PRGS
Q4 25
$1.1B
$478.3M
Q3 25
$1.1B
$477.7M
Q2 25
$1.1B
$452.7M
Q1 25
$936.9M
$431.8M
Q4 24
$857.2M
$438.8M
Q3 24
$722.5M
$425.6M
Q2 24
$696.8M
$401.7M
Q1 24
$624.3M
$461.7M
Total Assets
IDCC
IDCC
PRGS
PRGS
Q4 25
$2.1B
$2.5B
Q3 25
$2.1B
$2.4B
Q2 25
$2.0B
$2.4B
Q1 25
$1.9B
$2.5B
Q4 24
$1.8B
$2.5B
Q3 24
$1.7B
$1.6B
Q2 24
$1.6B
$1.6B
Q1 24
$1.8B
$1.5B
Debt / Equity
IDCC
IDCC
PRGS
PRGS
Q4 25
0.01×
2.93×
Q3 25
0.02×
2.97×
Q2 25
0.02×
3.22×
Q1 25
0.02×
3.50×
Q4 24
0.02×
3.48×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
IDCC
IDCC
PRGS
PRGS
Operating Cash FlowLast quarter
$544.5M
$62.8M
Free Cash FlowOCF − Capex
$528.6M
$59.9M
FCF MarginFCF / Revenue
334.0%
23.7%
Capex IntensityCapex / Revenue
10.0%
1.1%
Cash ConversionOCF / Net Profit
12.67×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$994.0M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDCC
IDCC
PRGS
PRGS
Q4 25
$544.5M
$62.8M
Q3 25
$395.9M
$73.4M
Q2 25
$105.1M
$30.0M
Q1 25
$-20.0M
$68.9M
Q4 24
$271.5M
$19.7M
Q3 24
$77.6M
$57.7M
Q2 24
$-48.9M
$63.7M
Q1 24
$50.8M
$70.5M
Free Cash Flow
IDCC
IDCC
PRGS
PRGS
Q4 25
$528.6M
$59.9M
Q3 25
$395.3M
$72.4M
Q2 25
$104.5M
$29.5M
Q1 25
$-34.5M
$67.7M
Q4 24
$265.7M
$16.8M
Q3 24
$76.7M
$56.6M
Q2 24
$-49.5M
$62.7M
Q1 24
$50.3M
$70.2M
FCF Margin
IDCC
IDCC
PRGS
PRGS
Q4 25
334.0%
23.7%
Q3 25
240.1%
29.0%
Q2 25
34.8%
12.4%
Q1 25
-16.4%
28.4%
Q4 24
105.1%
7.8%
Q3 24
59.6%
31.7%
Q2 24
-22.1%
35.8%
Q1 24
19.1%
38.0%
Capex Intensity
IDCC
IDCC
PRGS
PRGS
Q4 25
10.0%
1.1%
Q3 25
0.4%
0.4%
Q2 25
0.2%
0.2%
Q1 25
6.9%
0.5%
Q4 24
2.3%
1.3%
Q3 24
0.7%
0.6%
Q2 24
0.3%
0.5%
Q1 24
0.2%
0.2%
Cash Conversion
IDCC
IDCC
PRGS
PRGS
Q4 25
12.67×
2.44×
Q3 25
5.87×
3.78×
Q2 25
0.58×
1.76×
Q1 25
-0.17×
6.30×
Q4 24
2.04×
17.13×
Q3 24
2.27×
2.03×
Q2 24
-0.45×
3.93×
Q1 24
0.62×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IDCC
IDCC

Segment breakdown not available.

PRGS
PRGS

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

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