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Side-by-side financial comparison of Nutex Health, Inc. (NUTX) 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 $151.7M, roughly 1.7× Nutex Health, Inc.). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 7.8%, a 2.4% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -41.1%). Nutex Health, Inc. produced more free cash flow last quarter ($69.0M vs $59.9M). Over the past eight quarters, Nutex Health, Inc.'s revenue compounded faster (50.0% CAGR vs 17.0%).

Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.

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.

NUTX vs PRGS — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.7× larger
PRGS
$252.7M
$151.7M
NUTX
Growing faster (revenue YoY)
PRGS
PRGS
+58.7% gap
PRGS
17.5%
-41.1%
NUTX
Higher net margin
PRGS
PRGS
2.4% more per $
PRGS
10.2%
7.8%
NUTX
More free cash flow
NUTX
NUTX
$9.0M more FCF
NUTX
$69.0M
$59.9M
PRGS
Faster 2-yr revenue CAGR
NUTX
NUTX
Annualised
NUTX
50.0%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NUTX
NUTX
PRGS
PRGS
Revenue
$151.7M
$252.7M
Net Profit
$11.8M
$25.7M
Gross Margin
30.4%
81.6%
Operating Margin
20.4%
15.2%
Net Margin
7.8%
10.2%
Revenue YoY
-41.1%
17.5%
Net Profit YoY
-80.8%
2144.6%
EPS (diluted)
$2.34
$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
NUTX
NUTX
PRGS
PRGS
Q4 25
$151.7M
$252.7M
Q3 25
$267.8M
$249.8M
Q2 25
$244.0M
$237.4M
Q1 25
$211.8M
$238.0M
Q4 24
$257.6M
$215.0M
Q3 24
$78.8M
$178.7M
Q2 24
$76.1M
$175.1M
Q1 24
$67.5M
$184.7M
Net Profit
NUTX
NUTX
PRGS
PRGS
Q4 25
$11.8M
$25.7M
Q3 25
$55.4M
$19.4M
Q2 25
$-17.7M
$17.0M
Q1 25
$21.2M
$10.9M
Q4 24
$61.6M
$1.1M
Q3 24
$-8.8M
$28.5M
Q2 24
$-364.0K
$16.2M
Q1 24
$-364.0K
$22.6M
Gross Margin
NUTX
NUTX
PRGS
PRGS
Q4 25
30.4%
81.6%
Q3 25
57.8%
81.0%
Q2 25
51.2%
80.1%
Q1 25
55.9%
80.6%
Q4 24
55.0%
83.0%
Q3 24
27.8%
83.7%
Q2 24
29.7%
81.7%
Q1 24
15.1%
82.2%
Operating Margin
NUTX
NUTX
PRGS
PRGS
Q4 25
20.4%
15.2%
Q3 25
48.7%
17.6%
Q2 25
13.8%
16.3%
Q1 25
38.1%
13.6%
Q4 24
44.4%
10.0%
Q3 24
12.3%
22.6%
Q2 24
7.0%
15.5%
Q1 24
2.1%
19.0%
Net Margin
NUTX
NUTX
PRGS
PRGS
Q4 25
7.8%
10.2%
Q3 25
20.7%
7.8%
Q2 25
-7.3%
7.2%
Q1 25
10.0%
4.6%
Q4 24
23.9%
0.5%
Q3 24
-11.2%
15.9%
Q2 24
-0.5%
9.2%
Q1 24
-0.5%
12.3%
EPS (diluted)
NUTX
NUTX
PRGS
PRGS
Q4 25
$2.34
$0.59
Q3 25
$7.76
$0.44
Q2 25
$-2.95
$0.39
Q1 25
$3.33
$0.24
Q4 24
$11.56
$0.01
Q3 24
$-1.72
$0.65
Q2 24
$-0.07
$0.37
Q1 24
$-0.08
$0.51

Balance Sheet & Financial Strength

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

Metric
NUTX
NUTX
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$185.6M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$329.4M
$478.3M
Total Assets
$918.5M
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NUTX
NUTX
PRGS
PRGS
Q4 25
$185.6M
$94.8M
Q3 25
$166.0M
$99.0M
Q2 25
$96.7M
$102.0M
Q1 25
$84.7M
$124.2M
Q4 24
$40.6M
$118.1M
Q3 24
$46.9M
$232.7M
Q2 24
$40.8M
$190.4M
Q1 24
$30.0M
$133.2M
Total Debt
NUTX
NUTX
PRGS
PRGS
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NUTX
NUTX
PRGS
PRGS
Q4 25
$329.4M
$478.3M
Q3 25
$317.2M
$477.7M
Q2 25
$235.3M
$452.7M
Q1 25
$176.9M
$431.8M
Q4 24
$132.4M
$438.8M
Q3 24
$60.4M
$425.6M
Q2 24
$62.7M
$401.7M
Q1 24
$63.0M
$461.7M
Total Assets
NUTX
NUTX
PRGS
PRGS
Q4 25
$918.5M
$2.5B
Q3 25
$964.5M
$2.4B
Q2 25
$841.0M
$2.4B
Q1 25
$761.9M
$2.5B
Q4 24
$655.3M
$2.5B
Q3 24
$438.5M
$1.6B
Q2 24
$422.4M
$1.6B
Q1 24
$404.3M
$1.5B
Debt / Equity
NUTX
NUTX
PRGS
PRGS
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
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
NUTX
NUTX
PRGS
PRGS
Operating Cash FlowLast quarter
$70.4M
$62.8M
Free Cash FlowOCF − Capex
$69.0M
$59.9M
FCF MarginFCF / Revenue
45.5%
23.7%
Capex IntensityCapex / Revenue
0.9%
1.1%
Cash ConversionOCF / Net Profit
5.95×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$245.6M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NUTX
NUTX
PRGS
PRGS
Q4 25
$70.4M
$62.8M
Q3 25
$99.5M
$73.4M
Q2 25
$27.3M
$30.0M
Q1 25
$51.0M
$68.9M
Q4 24
$54.0K
$19.7M
Q3 24
$6.8M
$57.7M
Q2 24
$13.3M
$63.7M
Q1 24
$3.1M
$70.5M
Free Cash Flow
NUTX
NUTX
PRGS
PRGS
Q4 25
$69.0M
$59.9M
Q3 25
$99.2M
$72.4M
Q2 25
$26.5M
$29.5M
Q1 25
$50.9M
$67.7M
Q4 24
$-341.0K
$16.8M
Q3 24
$6.2M
$56.6M
Q2 24
$12.7M
$62.7M
Q1 24
$2.3M
$70.2M
FCF Margin
NUTX
NUTX
PRGS
PRGS
Q4 25
45.5%
23.7%
Q3 25
37.0%
29.0%
Q2 25
10.9%
12.4%
Q1 25
24.0%
28.4%
Q4 24
-0.1%
7.8%
Q3 24
7.8%
31.7%
Q2 24
16.7%
35.8%
Q1 24
3.4%
38.0%
Capex Intensity
NUTX
NUTX
PRGS
PRGS
Q4 25
0.9%
1.1%
Q3 25
0.1%
0.4%
Q2 25
0.3%
0.2%
Q1 25
0.0%
0.5%
Q4 24
0.2%
1.3%
Q3 24
0.8%
0.6%
Q2 24
0.7%
0.5%
Q1 24
1.1%
0.2%
Cash Conversion
NUTX
NUTX
PRGS
PRGS
Q4 25
5.95×
2.44×
Q3 25
1.80×
3.78×
Q2 25
1.76×
Q1 25
2.40×
6.30×
Q4 24
0.00×
17.13×
Q3 24
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

NUTX
NUTX

Hospital Division$143.7M95%
Population Health Management Division$8.0M5%

PRGS
PRGS

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

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