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Side-by-side financial comparison of OMNICELL, INC. (OMCL) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

OMNICELL, INC. is the larger business by last-quarter revenue ($309.9M vs $252.7M, roughly 1.2× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs 3.7%, a 6.5% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs 14.9%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $38.6M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% CAGR vs 5.8%).

Omnicell, Inc. is an American multinational healthcare technology company headquartered in Mountain View, CA. It manufactures automated systems for medication management in hospitals and other healthcare settings, and medication adherence packaging and patient engagement software used by retail pharmacies. Its products are sold under the brand names Omnicell and EnlivenHealth.

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.

OMCL vs PRGS — Head-to-Head

Bigger by revenue
OMCL
OMCL
1.2× larger
OMCL
$309.9M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+2.6% gap
PRGS
17.5%
14.9%
OMCL
Higher net margin
PRGS
PRGS
6.5% more per $
PRGS
10.2%
3.7%
OMCL
More free cash flow
PRGS
PRGS
$21.3M more FCF
PRGS
$59.9M
$38.6M
OMCL
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
5.8%
OMCL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OMCL
OMCL
PRGS
PRGS
Revenue
$309.9M
$252.7M
Net Profit
$11.4M
$25.7M
Gross Margin
45.3%
81.6%
Operating Margin
60.1%
15.2%
Net Margin
3.7%
10.2%
Revenue YoY
14.9%
17.5%
Net Profit YoY
2144.6%
EPS (diluted)
$0.25
$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
OMCL
OMCL
PRGS
PRGS
Q1 26
$309.9M
Q4 25
$314.0M
$252.7M
Q3 25
$310.6M
$249.8M
Q2 25
$290.6M
$237.4M
Q1 25
$269.7M
$238.0M
Q4 24
$306.9M
$215.0M
Q3 24
$282.4M
$178.7M
Q2 24
$276.8M
$175.1M
Net Profit
OMCL
OMCL
PRGS
PRGS
Q1 26
$11.4M
Q4 25
$25.7M
Q3 25
$5.5M
$19.4M
Q2 25
$5.6M
$17.0M
Q1 25
$-7.0M
$10.9M
Q4 24
$1.1M
Q3 24
$8.6M
$28.5M
Q2 24
$3.7M
$16.2M
Gross Margin
OMCL
OMCL
PRGS
PRGS
Q1 26
45.3%
Q4 25
41.5%
81.6%
Q3 25
43.3%
81.0%
Q2 25
43.9%
80.1%
Q1 25
41.1%
80.6%
Q4 24
46.2%
83.0%
Q3 24
43.3%
83.7%
Q2 24
41.3%
81.7%
Operating Margin
OMCL
OMCL
PRGS
PRGS
Q1 26
60.1%
Q4 25
0.1%
15.2%
Q3 25
2.7%
17.6%
Q2 25
2.8%
16.3%
Q1 25
-4.3%
13.6%
Q4 24
4.0%
10.0%
Q3 24
2.3%
22.6%
Q2 24
1.2%
15.5%
Net Margin
OMCL
OMCL
PRGS
PRGS
Q1 26
3.7%
Q4 25
10.2%
Q3 25
1.8%
7.8%
Q2 25
1.9%
7.2%
Q1 25
-2.6%
4.6%
Q4 24
0.5%
Q3 24
3.1%
15.9%
Q2 24
1.3%
9.2%
EPS (diluted)
OMCL
OMCL
PRGS
PRGS
Q1 26
$0.25
Q4 25
$-0.05
$0.59
Q3 25
$0.12
$0.44
Q2 25
$0.12
$0.39
Q1 25
$-0.15
$0.24
Q4 24
$0.34
$0.01
Q3 24
$0.19
$0.65
Q2 24
$0.08
$0.37

Balance Sheet & Financial Strength

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

Metric
OMCL
OMCL
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$239.2M
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.3B
$478.3M
Total Assets
$2.0B
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OMCL
OMCL
PRGS
PRGS
Q1 26
$239.2M
Q4 25
$196.5M
$94.8M
Q3 25
$180.1M
$99.0M
Q2 25
$399.0M
$102.0M
Q1 25
$386.8M
$124.2M
Q4 24
$369.2M
$118.1M
Q3 24
$570.6M
$232.7M
Q2 24
$556.8M
$190.4M
Total Debt
OMCL
OMCL
PRGS
PRGS
Q1 26
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
Q2 24
Stockholders' Equity
OMCL
OMCL
PRGS
PRGS
Q1 26
$1.3B
Q4 25
$1.2B
$478.3M
Q3 25
$1.2B
$477.7M
Q2 25
$1.3B
$452.7M
Q1 25
$1.3B
$431.8M
Q4 24
$1.2B
$438.8M
Q3 24
$1.2B
$425.6M
Q2 24
$1.2B
$401.7M
Total Assets
OMCL
OMCL
PRGS
PRGS
Q1 26
$2.0B
Q4 25
$2.0B
$2.5B
Q3 25
$1.9B
$2.4B
Q2 25
$2.1B
$2.4B
Q1 25
$2.2B
$2.5B
Q4 24
$2.1B
$2.5B
Q3 24
$2.3B
$1.6B
Q2 24
$2.3B
$1.6B
Debt / Equity
OMCL
OMCL
PRGS
PRGS
Q1 26
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
3.48×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
OMCL
OMCL
PRGS
PRGS
Operating Cash FlowLast quarter
$54.5M
$62.8M
Free Cash FlowOCF − Capex
$38.6M
$59.9M
FCF MarginFCF / Revenue
12.5%
23.7%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
4.80×
2.44×
TTM Free Cash FlowTrailing 4 quarters
$110.8M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OMCL
OMCL
PRGS
PRGS
Q1 26
$54.5M
Q4 25
$30.4M
$62.8M
Q3 25
$28.3M
$73.4M
Q2 25
$42.8M
$30.0M
Q1 25
$25.9M
$68.9M
Q4 24
$56.3M
$19.7M
Q3 24
$22.8M
$57.7M
Q2 24
$58.7M
$63.7M
Free Cash Flow
OMCL
OMCL
PRGS
PRGS
Q1 26
$38.6M
Q4 25
$22.6M
$59.9M
Q3 25
$18.5M
$72.4M
Q2 25
$31.0M
$29.5M
Q1 25
$14.8M
$67.7M
Q4 24
$47.2M
$16.8M
Q3 24
$13.9M
$56.6M
Q2 24
$49.1M
$62.7M
FCF Margin
OMCL
OMCL
PRGS
PRGS
Q1 26
12.5%
Q4 25
7.2%
23.7%
Q3 25
6.0%
29.0%
Q2 25
10.7%
12.4%
Q1 25
5.5%
28.4%
Q4 24
15.4%
7.8%
Q3 24
4.9%
31.7%
Q2 24
17.8%
35.8%
Capex Intensity
OMCL
OMCL
PRGS
PRGS
Q1 26
Q4 25
2.5%
1.1%
Q3 25
3.1%
0.4%
Q2 25
4.1%
0.2%
Q1 25
4.1%
0.5%
Q4 24
3.0%
1.3%
Q3 24
3.1%
0.6%
Q2 24
3.5%
0.5%
Cash Conversion
OMCL
OMCL
PRGS
PRGS
Q1 26
4.80×
Q4 25
2.44×
Q3 25
5.18×
3.78×
Q2 25
7.58×
1.76×
Q1 25
6.30×
Q4 24
17.13×
Q3 24
2.64×
2.03×
Q2 24
15.72×
3.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OMCL
OMCL

Product revenues$174.8M56%
Service revenues$135.1M44%

PRGS
PRGS

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

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