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Side-by-side financial comparison of PROGRESS SOFTWARE CORP (PRGS) and Stoke Therapeutics, Inc. (STOK). Click either name above to swap in a different company.

PROGRESS SOFTWARE CORP is the larger business by last-quarter revenue ($252.7M vs $158.6M, roughly 1.6× Stoke Therapeutics, Inc.). Stoke Therapeutics, Inc. runs the higher net margin — 71.2% vs 10.2%, a 61.0% gap on every dollar of revenue. On growth, Stoke Therapeutics, Inc. posted the faster year-over-year revenue change (3661.1% vs 17.5%). Stoke Therapeutics, Inc. produced more free cash flow last quarter ($131.7M vs $59.9M).

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.

Stoke Therapeutics, Inc. is a clinical-stage biotechnology company developing innovative RNA-targeted therapies for severe rare genetic diseases. Its lead candidates address unmet needs for Dravet syndrome, a rare epilepsy, and other neurological monogenic disorders, serving patients across North America and global markets.

PRGS vs STOK — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.6× larger
PRGS
$252.7M
$158.6M
STOK
Growing faster (revenue YoY)
STOK
STOK
+3643.6% gap
STOK
3661.1%
17.5%
PRGS
Higher net margin
STOK
STOK
61.0% more per $
STOK
71.2%
10.2%
PRGS
More free cash flow
STOK
STOK
$71.7M more FCF
STOK
$131.7M
$59.9M
PRGS

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
PRGS
PRGS
STOK
STOK
Revenue
$252.7M
$158.6M
Net Profit
$25.7M
$112.9M
Gross Margin
81.6%
Operating Margin
15.2%
70.2%
Net Margin
10.2%
71.2%
Revenue YoY
17.5%
3661.1%
Net Profit YoY
2144.6%
528.0%
EPS (diluted)
$0.59
$1.90

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
STOK
STOK
Q4 25
$252.7M
Q3 25
$249.8M
Q2 25
$237.4M
Q1 25
$238.0M
$158.6M
Q4 24
$215.0M
$22.6M
Q3 24
$178.7M
Q2 24
$175.1M
Q1 24
$184.7M
Net Profit
PRGS
PRGS
STOK
STOK
Q4 25
$25.7M
Q3 25
$19.4M
Q2 25
$17.0M
Q1 25
$10.9M
$112.9M
Q4 24
$1.1M
$-10.5M
Q3 24
$28.5M
Q2 24
$16.2M
Q1 24
$22.6M
Gross Margin
PRGS
PRGS
STOK
STOK
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
PRGS
PRGS
STOK
STOK
Q4 25
15.2%
Q3 25
17.6%
Q2 25
16.3%
Q1 25
13.6%
70.2%
Q4 24
10.0%
-60.4%
Q3 24
22.6%
Q2 24
15.5%
Q1 24
19.0%
Net Margin
PRGS
PRGS
STOK
STOK
Q4 25
10.2%
Q3 25
7.8%
Q2 25
7.2%
Q1 25
4.6%
71.2%
Q4 24
0.5%
-46.4%
Q3 24
15.9%
Q2 24
9.2%
Q1 24
12.3%
EPS (diluted)
PRGS
PRGS
STOK
STOK
Q4 25
$0.59
Q3 25
$0.44
Q2 25
$0.39
Q1 25
$0.24
$1.90
Q4 24
$0.01
$-0.15
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
PRGS
PRGS
STOK
STOK
Cash + ST InvestmentsLiquidity on hand
$94.8M
$274.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$478.3M
$350.1M
Total Assets
$2.5B
$406.9M
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRGS
PRGS
STOK
STOK
Q4 25
$94.8M
Q3 25
$99.0M
Q2 25
$102.0M
Q1 25
$124.2M
$274.8M
Q4 24
$118.1M
$128.0M
Q3 24
$232.7M
Q2 24
$190.4M
Q1 24
$133.2M
Total Debt
PRGS
PRGS
STOK
STOK
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
PRGS
PRGS
STOK
STOK
Q4 25
$478.3M
Q3 25
$477.7M
Q2 25
$452.7M
Q1 25
$431.8M
$350.1M
Q4 24
$438.8M
$229.0M
Q3 24
$425.6M
Q2 24
$401.7M
Q1 24
$461.7M
Total Assets
PRGS
PRGS
STOK
STOK
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.4B
Q1 25
$2.5B
$406.9M
Q4 24
$2.5B
$271.6M
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.5B
Debt / Equity
PRGS
PRGS
STOK
STOK
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
PRGS
PRGS
STOK
STOK
Operating Cash FlowLast quarter
$62.8M
$131.8M
Free Cash FlowOCF − Capex
$59.9M
$131.7M
FCF MarginFCF / Revenue
23.7%
83.0%
Capex IntensityCapex / Revenue
1.1%
0.1%
Cash ConversionOCF / Net Profit
2.44×
1.17×
TTM Free Cash FlowTrailing 4 quarters
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRGS
PRGS
STOK
STOK
Q4 25
$62.8M
Q3 25
$73.4M
Q2 25
$30.0M
Q1 25
$68.9M
$131.8M
Q4 24
$19.7M
$-23.2M
Q3 24
$57.7M
Q2 24
$63.7M
Q1 24
$70.5M
Free Cash Flow
PRGS
PRGS
STOK
STOK
Q4 25
$59.9M
Q3 25
$72.4M
Q2 25
$29.5M
Q1 25
$67.7M
$131.7M
Q4 24
$16.8M
$-23.2M
Q3 24
$56.6M
Q2 24
$62.7M
Q1 24
$70.2M
FCF Margin
PRGS
PRGS
STOK
STOK
Q4 25
23.7%
Q3 25
29.0%
Q2 25
12.4%
Q1 25
28.4%
83.0%
Q4 24
7.8%
-102.7%
Q3 24
31.7%
Q2 24
35.8%
Q1 24
38.0%
Capex Intensity
PRGS
PRGS
STOK
STOK
Q4 25
1.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.5%
0.1%
Q4 24
1.3%
0.2%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.2%
Cash Conversion
PRGS
PRGS
STOK
STOK
Q4 25
2.44×
Q3 25
3.78×
Q2 25
1.76×
Q1 25
6.30×
1.17×
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

PRGS
PRGS

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

STOK
STOK

Segment breakdown not available.

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