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Side-by-side financial comparison of EASTMAN KODAK CO (KODK) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

EASTMAN KODAK CO is the larger business by last-quarter revenue ($290.0M vs $252.7M, roughly 1.1× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs -37.2%, a 47.4% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 9.0%). EASTMAN KODAK CO produced more free cash flow last quarter ($483.0M vs $59.9M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 7.9%).

The Eastman Kodak Company, referred to simply as Kodak, is an American public company that produces various products related to its historic basis in film photography. The company is headquartered in Rochester, New York, and is incorporated in New Jersey. It is best known for photographic film products, which it brought to a mass market for the first time.

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.

KODK vs PRGS — Head-to-Head

Bigger by revenue
KODK
KODK
1.1× larger
KODK
$290.0M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+8.5% gap
PRGS
17.5%
9.0%
KODK
Higher net margin
PRGS
PRGS
47.4% more per $
PRGS
10.2%
-37.2%
KODK
More free cash flow
KODK
KODK
$423.1M more FCF
KODK
$483.0M
$59.9M
PRGS
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
7.9%
KODK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KODK
KODK
PRGS
PRGS
Revenue
$290.0M
$252.7M
Net Profit
$-108.0M
$25.7M
Gross Margin
23.1%
81.6%
Operating Margin
-0.3%
15.2%
Net Margin
-37.2%
10.2%
Revenue YoY
9.0%
17.5%
Net Profit YoY
-515.4%
2144.6%
EPS (diluted)
$-1.22
$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
KODK
KODK
PRGS
PRGS
Q4 25
$290.0M
$252.7M
Q3 25
$269.0M
$249.8M
Q2 25
$263.0M
$237.4M
Q1 25
$247.0M
$238.0M
Q4 24
$266.0M
$215.0M
Q3 24
$261.0M
$178.7M
Q2 24
$267.0M
$175.1M
Q1 24
$249.0M
$184.7M
Net Profit
KODK
KODK
PRGS
PRGS
Q4 25
$-108.0M
$25.7M
Q3 25
$13.0M
$19.4M
Q2 25
$-26.0M
$17.0M
Q1 25
$-7.0M
$10.9M
Q4 24
$26.0M
$1.1M
Q3 24
$18.0M
$28.5M
Q2 24
$26.0M
$16.2M
Q1 24
$32.0M
$22.6M
Gross Margin
KODK
KODK
PRGS
PRGS
Q4 25
23.1%
81.6%
Q3 25
25.3%
81.0%
Q2 25
19.4%
80.1%
Q1 25
18.6%
80.6%
Q4 24
19.2%
83.0%
Q3 24
17.2%
83.7%
Q2 24
21.7%
81.7%
Q1 24
19.7%
82.2%
Operating Margin
KODK
KODK
PRGS
PRGS
Q4 25
-0.3%
15.2%
Q3 25
7.1%
17.6%
Q2 25
-1.9%
16.3%
Q1 25
-5.3%
13.6%
Q4 24
-3.0%
10.0%
Q3 24
-3.1%
22.6%
Q2 24
0.7%
15.5%
Q1 24
2.8%
19.0%
Net Margin
KODK
KODK
PRGS
PRGS
Q4 25
-37.2%
10.2%
Q3 25
4.8%
7.8%
Q2 25
-9.9%
7.2%
Q1 25
-2.8%
4.6%
Q4 24
9.8%
0.5%
Q3 24
6.9%
15.9%
Q2 24
9.7%
9.2%
Q1 24
12.9%
12.3%
EPS (diluted)
KODK
KODK
PRGS
PRGS
Q4 25
$-1.22
$0.59
Q3 25
$-0.08
$0.44
Q2 25
$-0.36
$0.39
Q1 25
$-0.12
$0.24
Q4 24
$0.22
$0.01
Q3 24
$0.15
$0.65
Q2 24
$0.23
$0.37
Q1 24
$0.30
$0.51

Balance Sheet & Financial Strength

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

Metric
KODK
KODK
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$436.0M
$94.8M
Total DebtLower is stronger
$209.0M
$1.4B
Stockholders' EquityBook value
$614.0M
$478.3M
Total Assets
$1.6B
$2.5B
Debt / EquityLower = less leverage
0.34×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KODK
KODK
PRGS
PRGS
Q4 25
$436.0M
$94.8M
Q3 25
$168.0M
$99.0M
Q2 25
$155.0M
$102.0M
Q1 25
$158.0M
$124.2M
Q4 24
$201.0M
$118.1M
Q3 24
$214.0M
$232.7M
Q2 24
$251.0M
$190.4M
Q1 24
$262.0M
$133.2M
Total Debt
KODK
KODK
PRGS
PRGS
Q4 25
$209.0M
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$467.0M
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KODK
KODK
PRGS
PRGS
Q4 25
$614.0M
$478.3M
Q3 25
$762.0M
$477.7M
Q2 25
$528.0M
$452.7M
Q1 25
$563.0M
$431.8M
Q4 24
$641.0M
$438.8M
Q3 24
$982.0M
$425.6M
Q2 24
$961.0M
$401.7M
Q1 24
$951.0M
$461.7M
Total Assets
KODK
KODK
PRGS
PRGS
Q4 25
$1.6B
$2.5B
Q3 25
$2.1B
$2.4B
Q2 25
$1.9B
$2.4B
Q1 25
$1.9B
$2.5B
Q4 24
$2.0B
$2.5B
Q3 24
$2.4B
$1.6B
Q2 24
$2.4B
$1.6B
Q1 24
$2.3B
$1.5B
Debt / Equity
KODK
KODK
PRGS
PRGS
Q4 25
0.34×
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
0.73×
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
KODK
KODK
PRGS
PRGS
Operating Cash FlowLast quarter
$489.0M
$62.8M
Free Cash FlowOCF − Capex
$483.0M
$59.9M
FCF MarginFCF / Revenue
166.6%
23.7%
Capex IntensityCapex / Revenue
2.1%
1.1%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$446.0M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KODK
KODK
PRGS
PRGS
Q4 25
$489.0M
$62.8M
Q3 25
$21.0M
$73.4M
Q2 25
$8.0M
$30.0M
Q1 25
$-38.0M
$68.9M
Q4 24
$4.0M
$19.7M
Q3 24
$-21.0M
$57.7M
Q2 24
$-7.0M
$63.7M
Q1 24
$17.0M
$70.5M
Free Cash Flow
KODK
KODK
PRGS
PRGS
Q4 25
$483.0M
$59.9M
Q3 25
$17.0M
$72.4M
Q2 25
$-4.0M
$29.5M
Q1 25
$-50.0M
$67.7M
Q4 24
$-13.0M
$16.8M
Q3 24
$-41.0M
$56.6M
Q2 24
$-16.0M
$62.7M
Q1 24
$7.0M
$70.2M
FCF Margin
KODK
KODK
PRGS
PRGS
Q4 25
166.6%
23.7%
Q3 25
6.3%
29.0%
Q2 25
-1.5%
12.4%
Q1 25
-20.2%
28.4%
Q4 24
-4.9%
7.8%
Q3 24
-15.7%
31.7%
Q2 24
-6.0%
35.8%
Q1 24
2.8%
38.0%
Capex Intensity
KODK
KODK
PRGS
PRGS
Q4 25
2.1%
1.1%
Q3 25
1.5%
0.4%
Q2 25
4.6%
0.2%
Q1 25
4.9%
0.5%
Q4 24
6.4%
1.3%
Q3 24
7.7%
0.6%
Q2 24
3.4%
0.5%
Q1 24
4.0%
0.2%
Cash Conversion
KODK
KODK
PRGS
PRGS
Q4 25
2.44×
Q3 25
1.62×
3.78×
Q2 25
1.76×
Q1 25
6.30×
Q4 24
0.15×
17.13×
Q3 24
-1.17×
2.03×
Q2 24
-0.27×
3.93×
Q1 24
0.53×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KODK
KODK

Segment Continuing Operations$195.0M67%
Advanced Materials And Chemicals$85.0M29%
Other$7.0M2%
All Other$3.0M1%

PRGS
PRGS

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

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