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Side-by-side financial comparison of KITE REALTY GROUP TRUST (KRG) 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 $200.7M, roughly 1.3× KITE REALTY GROUP TRUST). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 0.2%, a 10.0% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -9.2%). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs -2.8%).

Kite Realty Group Trust is a publicly traded U.S.-headquartered real estate investment trust. It primarily owns, operates, and develops high-quality open-air shopping centers and mixed-use properties, with a portfolio spanning key regional markets across the United States. Its tenant base includes national retail chains, local independent merchants, and dining and entertainment operators, serving local community consumer needs.

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.

KRG vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.3× larger
PRGS
$252.7M
$200.7M
KRG
Growing faster (revenue YoY)
PRGS
PRGS
+26.8% gap
PRGS
17.5%
-9.2%
KRG
Higher net margin
PRGS
PRGS
10.0% more per $
PRGS
10.2%
0.2%
KRG
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-2.8%
KRG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KRG
KRG
PRGS
PRGS
Revenue
$200.7M
$252.7M
Net Profit
$330.0K
$25.7M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
0.2%
10.2%
Revenue YoY
-9.2%
17.5%
Net Profit YoY
-51.6%
2144.6%
EPS (diluted)
$0.06
$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
KRG
KRG
PRGS
PRGS
Q1 26
$200.7M
Q4 25
$204.2M
$252.7M
Q3 25
$205.1M
$249.8M
Q2 25
$213.4M
$237.4M
Q1 25
$221.8M
$238.0M
Q4 24
$214.7M
$215.0M
Q3 24
$207.3M
$178.7M
Q2 24
$212.4M
$175.1M
Net Profit
KRG
KRG
PRGS
PRGS
Q1 26
$330.0K
Q4 25
$180.8M
$25.7M
Q3 25
$-16.2M
$19.4M
Q2 25
$110.3M
$17.0M
Q1 25
$23.7M
$10.9M
Q4 24
$21.8M
$1.1M
Q3 24
$16.7M
$28.5M
Q2 24
$-48.6M
$16.2M
Gross Margin
KRG
KRG
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
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
15.2%
Q3 25
17.6%
Q2 25
16.3%
Q1 25
24.2%
13.6%
Q4 24
23.0%
10.0%
Q3 24
21.7%
22.6%
Q2 24
-10.5%
15.5%
Net Margin
KRG
KRG
PRGS
PRGS
Q1 26
0.2%
Q4 25
88.6%
10.2%
Q3 25
-7.9%
7.8%
Q2 25
51.7%
7.2%
Q1 25
10.7%
4.6%
Q4 24
10.2%
0.5%
Q3 24
8.1%
15.9%
Q2 24
-22.9%
9.2%
EPS (diluted)
KRG
KRG
PRGS
PRGS
Q1 26
$0.06
Q4 25
$0.83
$0.59
Q3 25
$-0.07
$0.44
Q2 25
$0.50
$0.39
Q1 25
$0.11
$0.24
Q4 24
$0.10
$0.01
Q3 24
$0.08
$0.65
Q2 24
$-0.22
$0.37

Balance Sheet & Financial Strength

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

Metric
KRG
KRG
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$32.5M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.9B
$478.3M
Total Assets
$6.4B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRG
KRG
PRGS
PRGS
Q1 26
$32.5M
Q4 25
$36.8M
$94.8M
Q3 25
$68.7M
$99.0M
Q2 25
$182.0M
$102.0M
Q1 25
$49.1M
$124.2M
Q4 24
$478.1M
$118.1M
Q3 24
$467.5M
$232.7M
Q2 24
$273.8M
$190.4M
Total Debt
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
$3.0B
$1.4B
Q3 25
$2.9B
$1.4B
Q2 25
$3.0B
$1.5B
Q1 25
$2.9B
$1.5B
Q4 24
$3.2B
$1.5B
Q3 24
$3.2B
Q2 24
$3.0B
Stockholders' Equity
KRG
KRG
PRGS
PRGS
Q1 26
$2.9B
Q4 25
$3.1B
$478.3M
Q3 25
$3.2B
$477.7M
Q2 25
$3.3B
$452.7M
Q1 25
$3.3B
$431.8M
Q4 24
$3.3B
$438.8M
Q3 24
$3.3B
$425.6M
Q2 24
$3.4B
$401.7M
Total Assets
KRG
KRG
PRGS
PRGS
Q1 26
$6.4B
Q4 25
$6.7B
$2.5B
Q3 25
$6.6B
$2.4B
Q2 25
$6.9B
$2.4B
Q1 25
$6.7B
$2.5B
Q4 24
$7.1B
$2.5B
Q3 24
$7.1B
$1.6B
Q2 24
$7.0B
$1.6B
Debt / Equity
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
0.98×
2.93×
Q3 25
0.93×
2.97×
Q2 25
0.91×
3.22×
Q1 25
0.89×
3.50×
Q4 24
0.97×
3.48×
Q3 24
0.97×
Q2 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
KRG
KRG
PRGS
PRGS
Operating Cash FlowLast quarter
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
3.3%
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
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
$106.6M
$62.8M
Q3 25
$116.2M
$73.4M
Q2 25
$132.8M
$30.0M
Q1 25
$74.1M
$68.9M
Q4 24
$111.0M
$19.7M
Q3 24
$112.4M
$57.7M
Q2 24
$142.1M
$63.7M
Free Cash Flow
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
$59.9M
Q3 25
$72.4M
Q2 25
$29.5M
Q1 25
$67.7M
Q4 24
$16.8M
Q3 24
$56.6M
Q2 24
$62.7M
FCF Margin
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
23.7%
Q3 25
29.0%
Q2 25
12.4%
Q1 25
28.4%
Q4 24
7.8%
Q3 24
31.7%
Q2 24
35.8%
Capex Intensity
KRG
KRG
PRGS
PRGS
Q1 26
3.3%
Q4 25
1.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.6%
Q2 24
0.5%
Cash Conversion
KRG
KRG
PRGS
PRGS
Q1 26
Q4 25
0.59×
2.44×
Q3 25
3.78×
Q2 25
1.20×
1.76×
Q1 25
3.12×
6.30×
Q4 24
5.09×
17.13×
Q3 24
6.72×
2.03×
Q2 24
3.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KRG
KRG

Rental income$198.0M99%
Fee income$1.3M1%

PRGS
PRGS

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

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