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Side-by-side financial comparison of PRECISION DRILLING Corp (PDS) and PROGRESS SOFTWARE CORP (PRGS). Click either name above to swap in a different company.

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $252.7M, roughly 1.2× PROGRESS SOFTWARE CORP).

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

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.

PDS vs PRGS — Head-to-Head

Bigger by revenue
PDS
PDS
1.2× larger
PDS
$299.5M
$252.7M
PRGS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PDS
PDS
PRGS
PRGS
Revenue
$299.5M
$252.7M
Net Profit
$25.7M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
10.2%
Revenue YoY
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
PDS
PDS
PRGS
PRGS
Q4 25
$299.5M
$252.7M
Q3 25
$249.8M
Q2 25
$237.4M
Q1 25
$238.0M
Q4 24
$215.0M
Q3 24
$178.7M
Q2 24
$175.1M
Q1 24
$184.7M
Net Profit
PDS
PDS
PRGS
PRGS
Q4 25
$25.7M
Q3 25
$19.4M
Q2 25
$17.0M
Q1 25
$10.9M
Q4 24
$1.1M
Q3 24
$28.5M
Q2 24
$16.2M
Q1 24
$22.6M
Gross Margin
PDS
PDS
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
PDS
PDS
PRGS
PRGS
Q4 25
15.2%
Q3 25
17.6%
Q2 25
16.3%
Q1 25
13.6%
Q4 24
10.0%
Q3 24
22.6%
Q2 24
15.5%
Q1 24
19.0%
Net Margin
PDS
PDS
PRGS
PRGS
Q4 25
10.2%
Q3 25
7.8%
Q2 25
7.2%
Q1 25
4.6%
Q4 24
0.5%
Q3 24
15.9%
Q2 24
9.2%
Q1 24
12.3%
EPS (diluted)
PDS
PDS
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
PDS
PDS
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$478.3M
Total Assets
$2.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDS
PDS
PRGS
PRGS
Q4 25
$94.8M
Q3 25
$99.0M
Q2 25
$102.0M
Q1 25
$124.2M
Q4 24
$118.1M
Q3 24
$232.7M
Q2 24
$190.4M
Q1 24
$133.2M
Total Debt
PDS
PDS
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
PDS
PDS
PRGS
PRGS
Q4 25
$478.3M
Q3 25
$477.7M
Q2 25
$452.7M
Q1 25
$431.8M
Q4 24
$438.8M
Q3 24
$425.6M
Q2 24
$401.7M
Q1 24
$461.7M
Total Assets
PDS
PDS
PRGS
PRGS
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.5B
Debt / Equity
PDS
PDS
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
PDS
PDS
PRGS
PRGS
Operating Cash FlowLast quarter
$62.8M
Free Cash FlowOCF − Capex
$59.9M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
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
PDS
PDS
PRGS
PRGS
Q4 25
$62.8M
Q3 25
$73.4M
Q2 25
$30.0M
Q1 25
$68.9M
Q4 24
$19.7M
Q3 24
$57.7M
Q2 24
$63.7M
Q1 24
$70.5M
Free Cash Flow
PDS
PDS
PRGS
PRGS
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
Q1 24
$70.2M
FCF Margin
PDS
PDS
PRGS
PRGS
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%
Q1 24
38.0%
Capex Intensity
PDS
PDS
PRGS
PRGS
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%
Q1 24
0.2%
Cash Conversion
PDS
PDS
PRGS
PRGS
Q4 25
2.44×
Q3 25
3.78×
Q2 25
1.76×
Q1 25
6.30×
Q4 24
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

PDS
PDS

Segment breakdown not available.

PRGS
PRGS

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

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