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Side-by-side financial comparison of MARCUS CORP (MCS) 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 $193.5M, roughly 1.3× MARCUS CORP). On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 2.8%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $26.4M). Over the past eight quarters, MARCUS CORP's revenue compounded faster (18.2% CAGR vs 17.0%).

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

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.

MCS vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.3× larger
PRGS
$252.7M
$193.5M
MCS
Growing faster (revenue YoY)
PRGS
PRGS
+14.8% gap
PRGS
17.5%
2.8%
MCS
More free cash flow
PRGS
PRGS
$33.5M more FCF
PRGS
$59.9M
$26.4M
MCS
Faster 2-yr revenue CAGR
MCS
MCS
Annualised
MCS
18.2%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MCS
MCS
PRGS
PRGS
Revenue
$193.5M
$252.7M
Net Profit
$25.7M
Gross Margin
81.6%
Operating Margin
0.9%
15.2%
Net Margin
10.2%
Revenue YoY
2.8%
17.5%
Net Profit YoY
2144.6%
EPS (diluted)
$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
MCS
MCS
PRGS
PRGS
Q4 25
$193.5M
$252.7M
Q3 25
$210.2M
$249.8M
Q2 25
$206.0M
$237.4M
Q1 25
$148.8M
$238.0M
Q4 24
$188.3M
$215.0M
Q3 24
$232.7M
$178.7M
Q2 24
$176.0M
$175.1M
Q1 24
$138.5M
$184.7M
Net Profit
MCS
MCS
PRGS
PRGS
Q4 25
$25.7M
Q3 25
$16.2M
$19.4M
Q2 25
$7.3M
$17.0M
Q1 25
$-16.8M
$10.9M
Q4 24
$986.0K
$1.1M
Q3 24
$23.3M
$28.5M
Q2 24
$-20.2M
$16.2M
Q1 24
$-11.9M
$22.6M
Gross Margin
MCS
MCS
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
MCS
MCS
PRGS
PRGS
Q4 25
0.9%
15.2%
Q3 25
10.8%
17.6%
Q2 25
6.3%
16.3%
Q1 25
-13.7%
13.6%
Q4 24
-1.2%
10.0%
Q3 24
14.1%
22.6%
Q2 24
1.3%
15.5%
Q1 24
-12.0%
19.0%
Net Margin
MCS
MCS
PRGS
PRGS
Q4 25
10.2%
Q3 25
7.7%
7.8%
Q2 25
3.6%
7.2%
Q1 25
-11.3%
4.6%
Q4 24
0.5%
0.5%
Q3 24
10.0%
15.9%
Q2 24
-11.5%
9.2%
Q1 24
-8.6%
12.3%
EPS (diluted)
MCS
MCS
PRGS
PRGS
Q4 25
$0.59
Q3 25
$0.44
Q2 25
$0.39
Q1 25
$0.24
Q4 24
$0.01
Q3 24
$0.65
Q2 24
$0.37
Q1 24
$0.51

Balance Sheet & Financial Strength

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

Metric
MCS
MCS
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$23.4M
$94.8M
Total DebtLower is stronger
$159.0M
$1.4B
Stockholders' EquityBook value
$457.4M
$478.3M
Total Assets
$1.0B
$2.5B
Debt / EquityLower = less leverage
0.35×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCS
MCS
PRGS
PRGS
Q4 25
$23.4M
$94.8M
Q3 25
$7.4M
$99.0M
Q2 25
$14.9M
$102.0M
Q1 25
$11.9M
$124.2M
Q4 24
$40.8M
$118.1M
Q3 24
$28.4M
$232.7M
Q2 24
$32.8M
$190.4M
Q1 24
$17.3M
$133.2M
Total Debt
MCS
MCS
PRGS
PRGS
Q4 25
$159.0M
$1.4B
Q3 25
$162.0M
$1.4B
Q2 25
$179.9M
$1.5B
Q1 25
$198.9M
$1.5B
Q4 24
$159.1M
$1.5B
Q3 24
$173.1M
Q2 24
$175.7M
Q1 24
$169.8M
Stockholders' Equity
MCS
MCS
PRGS
PRGS
Q4 25
$457.4M
$478.3M
Q3 25
$454.3M
$477.7M
Q2 25
$448.4M
$452.7M
Q1 25
$441.8M
$431.8M
Q4 24
$464.9M
$438.8M
Q3 24
$462.3M
$425.6M
Q2 24
$449.4M
$401.7M
Q1 24
$459.3M
$461.7M
Total Assets
MCS
MCS
PRGS
PRGS
Q4 25
$1.0B
$2.5B
Q3 25
$1.0B
$2.4B
Q2 25
$1.0B
$2.4B
Q1 25
$1.0B
$2.5B
Q4 24
$1.0B
$2.5B
Q3 24
$1.0B
$1.6B
Q2 24
$1.1B
$1.6B
Q1 24
$1.0B
$1.5B
Debt / Equity
MCS
MCS
PRGS
PRGS
Q4 25
0.35×
2.93×
Q3 25
0.36×
2.97×
Q2 25
0.40×
3.22×
Q1 25
0.45×
3.50×
Q4 24
0.34×
3.48×
Q3 24
0.37×
Q2 24
0.39×
Q1 24
0.37×

Cash Flow & Capital Efficiency

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

Metric
MCS
MCS
PRGS
PRGS
Operating Cash FlowLast quarter
$48.8M
$62.8M
Free Cash FlowOCF − Capex
$26.4M
$59.9M
FCF MarginFCF / Revenue
13.6%
23.7%
Capex IntensityCapex / Revenue
11.6%
1.1%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$989.0K
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCS
MCS
PRGS
PRGS
Q4 25
$48.8M
$62.8M
Q3 25
$39.1M
$73.4M
Q2 25
$31.6M
$30.0M
Q1 25
$-35.3M
$68.9M
Q4 24
$52.6M
$19.7M
Q3 24
$30.5M
$57.7M
Q2 24
$36.0M
$63.7M
Q1 24
$-15.1M
$70.5M
Free Cash Flow
MCS
MCS
PRGS
PRGS
Q4 25
$26.4M
$59.9M
Q3 25
$18.2M
$72.4M
Q2 25
$14.7M
$29.5M
Q1 25
$-58.3M
$67.7M
Q4 24
$27.1M
$16.8M
Q3 24
$12.0M
$56.6M
Q2 24
$16.1M
$62.7M
Q1 24
$-30.5M
$70.2M
FCF Margin
MCS
MCS
PRGS
PRGS
Q4 25
13.6%
23.7%
Q3 25
8.7%
29.0%
Q2 25
7.1%
12.4%
Q1 25
-39.2%
28.4%
Q4 24
14.4%
7.8%
Q3 24
5.2%
31.7%
Q2 24
9.2%
35.8%
Q1 24
-22.0%
38.0%
Capex Intensity
MCS
MCS
PRGS
PRGS
Q4 25
11.6%
1.1%
Q3 25
9.9%
0.4%
Q2 25
8.2%
0.2%
Q1 25
15.5%
0.5%
Q4 24
13.5%
1.3%
Q3 24
7.9%
0.6%
Q2 24
11.3%
0.5%
Q1 24
11.1%
0.2%
Cash Conversion
MCS
MCS
PRGS
PRGS
Q4 25
2.44×
Q3 25
2.41×
3.78×
Q2 25
4.32×
1.76×
Q1 25
6.30×
Q4 24
53.31×
17.13×
Q3 24
1.31×
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

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

PRGS
PRGS

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

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