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

RENASANT CORP is the larger business by last-quarter revenue ($273.8M vs $252.7M, roughly 1.1× PROGRESS SOFTWARE CORP). RENASANT CORP runs the higher net margin — 32.2% vs 10.2%, a 22.0% gap on every dollar of revenue. Over the past eight quarters, RENASANT CORP's revenue compounded faster (29.3% CAGR vs 17.0%).

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.

Renasant Bank is an American regional commercial financial institution based in Tupelo, Mississippi. The bank has more than 280 branches in Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina and South Carolina. Renasant Bank operates under the parent company Renasant Corporation and is affiliated with Renasant Nation, a platform through which they publish blogs and shows.

PRGS vs RNST — Head-to-Head

Bigger by revenue
RNST
RNST
1.1× larger
RNST
$273.8M
$252.7M
PRGS
Higher net margin
RNST
RNST
22.0% more per $
RNST
32.2%
10.2%
PRGS
Faster 2-yr revenue CAGR
RNST
RNST
Annualised
RNST
29.3%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRGS
PRGS
RNST
RNST
Revenue
$252.7M
$273.8M
Net Profit
$25.7M
$88.2M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
10.2%
32.2%
Revenue YoY
17.5%
Net Profit YoY
2144.6%
112.5%
EPS (diluted)
$0.59
$0.94

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
PRGS
PRGS
RNST
RNST
Q1 26
$273.8M
Q4 25
$252.7M
$278.4M
Q3 25
$249.8M
$269.5M
Q2 25
$237.4M
$267.2M
Q1 25
$238.0M
$170.7M
Q4 24
$215.0M
$167.1M
Q3 24
$178.7M
$220.3M
Q2 24
$175.1M
$163.8M
Net Profit
PRGS
PRGS
RNST
RNST
Q1 26
$88.2M
Q4 25
$25.7M
$78.9M
Q3 25
$19.4M
$59.8M
Q2 25
$17.0M
$1.0M
Q1 25
$10.9M
$41.5M
Q4 24
$1.1M
$44.7M
Q3 24
$28.5M
$72.5M
Q2 24
$16.2M
$38.8M
Gross Margin
PRGS
PRGS
RNST
RNST
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
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
15.2%
34.8%
Q3 25
17.6%
27.9%
Q2 25
16.3%
1.0%
Q1 25
13.6%
30.4%
Q4 24
10.0%
29.8%
Q3 24
22.6%
44.2%
Q2 24
15.5%
29.6%
Net Margin
PRGS
PRGS
RNST
RNST
Q1 26
32.2%
Q4 25
10.2%
28.4%
Q3 25
7.8%
22.2%
Q2 25
7.2%
0.4%
Q1 25
4.6%
24.3%
Q4 24
0.5%
26.8%
Q3 24
15.9%
32.9%
Q2 24
9.2%
23.7%
EPS (diluted)
PRGS
PRGS
RNST
RNST
Q1 26
$0.94
Q4 25
$0.59
$0.78
Q3 25
$0.44
$0.63
Q2 25
$0.39
$0.01
Q1 25
$0.24
$0.65
Q4 24
$0.01
$0.70
Q3 24
$0.65
$1.18
Q2 24
$0.37
$0.69

Balance Sheet & Financial Strength

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

Metric
PRGS
PRGS
RNST
RNST
Cash + ST InvestmentsLiquidity on hand
$94.8M
$1.2B
Total DebtLower is stronger
$1.4B
$806.2M
Stockholders' EquityBook value
$478.3M
$3.9B
Total Assets
$2.5B
$27.1B
Debt / EquityLower = less leverage
2.93×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRGS
PRGS
RNST
RNST
Q1 26
$1.2B
Q4 25
$94.8M
$1.1B
Q3 25
$99.0M
$1.1B
Q2 25
$102.0M
$1.4B
Q1 25
$124.2M
$1.1B
Q4 24
$118.1M
$1.1B
Q3 24
$232.7M
$1.3B
Q2 24
$190.4M
$851.9M
Total Debt
PRGS
PRGS
RNST
RNST
Q1 26
$806.2M
Q4 25
$1.4B
$499.8M
Q3 25
$1.4B
$558.9M
Q2 25
$1.5B
$557.0M
Q1 25
$1.5B
$433.3M
Q4 24
$1.5B
$430.6M
Q3 24
$433.2M
Q2 24
$428.7M
Stockholders' Equity
PRGS
PRGS
RNST
RNST
Q1 26
$3.9B
Q4 25
$478.3M
$3.9B
Q3 25
$477.7M
$3.8B
Q2 25
$452.7M
$3.8B
Q1 25
$431.8M
$2.7B
Q4 24
$438.8M
$2.7B
Q3 24
$425.6M
$2.7B
Q2 24
$401.7M
$2.4B
Total Assets
PRGS
PRGS
RNST
RNST
Q1 26
$27.1B
Q4 25
$2.5B
$26.8B
Q3 25
$2.4B
$26.7B
Q2 25
$2.4B
$26.6B
Q1 25
$2.5B
$18.3B
Q4 24
$2.5B
$18.0B
Q3 24
$1.6B
$18.0B
Q2 24
$1.6B
$17.5B
Debt / Equity
PRGS
PRGS
RNST
RNST
Q1 26
0.21×
Q4 25
2.93×
0.13×
Q3 25
2.97×
0.15×
Q2 25
3.22×
0.15×
Q1 25
3.50×
0.16×
Q4 24
3.48×
0.16×
Q3 24
0.16×
Q2 24
0.18×

Cash Flow & Capital Efficiency

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

Metric
PRGS
PRGS
RNST
RNST
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
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
$62.8M
$271.5M
Q3 25
$73.4M
$135.5M
Q2 25
$30.0M
$-77.3M
Q1 25
$68.9M
$106.2M
Q4 24
$19.7M
$106.4M
Q3 24
$57.7M
$-1.7M
Q2 24
$63.7M
$-49.1M
Free Cash Flow
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
$59.9M
$237.8M
Q3 25
$72.4M
$120.1M
Q2 25
$29.5M
$-87.5M
Q1 25
$67.7M
$101.3M
Q4 24
$16.8M
$92.8M
Q3 24
$56.6M
$-5.3M
Q2 24
$62.7M
$-52.6M
FCF Margin
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
23.7%
85.4%
Q3 25
29.0%
44.6%
Q2 25
12.4%
-32.7%
Q1 25
28.4%
59.4%
Q4 24
7.8%
55.5%
Q3 24
31.7%
-2.4%
Q2 24
35.8%
-32.1%
Capex Intensity
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
1.1%
12.1%
Q3 25
0.4%
5.7%
Q2 25
0.2%
3.8%
Q1 25
0.5%
2.8%
Q4 24
1.3%
8.2%
Q3 24
0.6%
1.6%
Q2 24
0.5%
2.1%
Cash Conversion
PRGS
PRGS
RNST
RNST
Q1 26
Q4 25
2.44×
3.44×
Q3 25
3.78×
2.27×
Q2 25
1.76×
-75.92×
Q1 25
6.30×
2.56×
Q4 24
17.13×
2.38×
Q3 24
2.03×
-0.02×
Q2 24
3.93×
-1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRGS
PRGS

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

RNST
RNST

Net Interest Income$223.6M82%
Noninterest Income$50.3M18%

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