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

Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $252.7M, roughly 1.3× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs -6.6%, a 16.8% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 17.5%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

PRGS vs WEST — Head-to-Head

Bigger by revenue
WEST
WEST
1.3× larger
WEST
$339.5M
$252.7M
PRGS
Growing faster (revenue YoY)
WEST
WEST
+30.7% gap
WEST
48.3%
17.5%
PRGS
Higher net margin
PRGS
PRGS
16.8% more per $
PRGS
10.2%
-6.6%
WEST
More free cash flow
PRGS
PRGS
$32.2M more FCF
PRGS
$59.9M
$27.8M
WEST
Faster 2-yr revenue CAGR
WEST
WEST
Annualised
WEST
32.8%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRGS
PRGS
WEST
WEST
Revenue
$252.7M
$339.5M
Net Profit
$25.7M
$-22.6M
Gross Margin
81.6%
11.5%
Operating Margin
15.2%
-2.6%
Net Margin
10.2%
-6.6%
Revenue YoY
17.5%
48.3%
Net Profit YoY
2144.6%
8.3%
EPS (diluted)
$0.59
$-0.22

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
WEST
WEST
Q4 25
$252.7M
$339.5M
Q3 25
$249.8M
$354.8M
Q2 25
$237.4M
$280.9M
Q1 25
$238.0M
$213.8M
Q4 24
$215.0M
$229.0M
Q3 24
$178.7M
$220.9M
Q2 24
$175.1M
$208.4M
Q1 24
$184.7M
$192.5M
Net Profit
PRGS
PRGS
WEST
WEST
Q4 25
$25.7M
$-22.6M
Q3 25
$19.4M
$-19.1M
Q2 25
$17.0M
$-21.6M
Q1 25
$10.9M
$-27.2M
Q4 24
$1.1M
$-24.6M
Q3 24
$28.5M
$-14.3M
Q2 24
$16.2M
$-17.8M
Q1 24
$22.6M
$-23.7M
Gross Margin
PRGS
PRGS
WEST
WEST
Q4 25
81.6%
11.5%
Q3 25
81.0%
11.7%
Q2 25
80.1%
14.7%
Q1 25
80.6%
13.6%
Q4 24
83.0%
16.6%
Q3 24
83.7%
16.8%
Q2 24
81.7%
19.9%
Q1 24
82.2%
19.4%
Operating Margin
PRGS
PRGS
WEST
WEST
Q4 25
15.2%
-2.6%
Q3 25
17.6%
-2.4%
Q2 25
16.3%
-5.3%
Q1 25
13.6%
-6.1%
Q4 24
10.0%
-4.3%
Q3 24
22.6%
-5.8%
Q2 24
15.5%
-7.9%
Q1 24
19.0%
-5.3%
Net Margin
PRGS
PRGS
WEST
WEST
Q4 25
10.2%
-6.6%
Q3 25
7.8%
-5.4%
Q2 25
7.2%
-7.7%
Q1 25
4.6%
-12.7%
Q4 24
0.5%
-10.7%
Q3 24
15.9%
-6.5%
Q2 24
9.2%
-8.5%
Q1 24
12.3%
-12.3%
EPS (diluted)
PRGS
PRGS
WEST
WEST
Q4 25
$0.59
$-0.22
Q3 25
$0.44
$-0.20
Q2 25
$0.39
$-0.23
Q1 25
$0.24
$-0.29
Q4 24
$0.01
$-0.26
Q3 24
$0.65
$-0.16
Q2 24
$0.37
$-0.20
Q1 24
$0.51
$-0.27

Balance Sheet & Financial Strength

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

Metric
PRGS
PRGS
WEST
WEST
Cash + ST InvestmentsLiquidity on hand
$94.8M
$49.9M
Total DebtLower is stronger
$1.4B
$444.1M
Stockholders' EquityBook value
$478.3M
$-1.9M
Total Assets
$2.5B
$1.2B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRGS
PRGS
WEST
WEST
Q4 25
$94.8M
$49.9M
Q3 25
$99.0M
$34.0M
Q2 25
$102.0M
$44.0M
Q1 25
$124.2M
$33.1M
Q4 24
$118.1M
$26.2M
Q3 24
$232.7M
$22.4M
Q2 24
$190.4M
$24.3M
Q1 24
$133.2M
$12.6M
Total Debt
PRGS
PRGS
WEST
WEST
Q4 25
$1.4B
$444.1M
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
$393.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PRGS
PRGS
WEST
WEST
Q4 25
$478.3M
$-1.9M
Q3 25
$477.7M
$11.4M
Q2 25
$452.7M
$18.2M
Q1 25
$431.8M
$71.4M
Q4 24
$438.8M
$97.5M
Q3 24
$425.6M
$110.3M
Q2 24
$401.7M
$81.5M
Q1 24
$461.7M
$91.7M
Total Assets
PRGS
PRGS
WEST
WEST
Q4 25
$2.5B
$1.2B
Q3 25
$2.4B
$1.2B
Q2 25
$2.4B
$1.2B
Q1 25
$2.5B
$1.1B
Q4 24
$2.5B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.6B
$1.1B
Q1 24
$1.5B
$983.3M
Debt / Equity
PRGS
PRGS
WEST
WEST
Q4 25
2.93×
Q3 25
2.97×
Q2 25
3.22×
Q1 25
3.50×
Q4 24
3.48×
4.03×
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
WEST
WEST
Operating Cash FlowLast quarter
$62.8M
$36.7M
Free Cash FlowOCF − Capex
$59.9M
$27.8M
FCF MarginFCF / Revenue
23.7%
8.2%
Capex IntensityCapex / Revenue
1.1%
2.6%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$229.5M
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRGS
PRGS
WEST
WEST
Q4 25
$62.8M
$36.7M
Q3 25
$73.4M
$-26.6M
Q2 25
$30.0M
$-7.0M
Q1 25
$68.9M
$-22.1M
Q4 24
$19.7M
$2.8M
Q3 24
$57.7M
$-332.0K
Q2 24
$63.7M
$-23.7M
Q1 24
$70.5M
$8.0M
Free Cash Flow
PRGS
PRGS
WEST
WEST
Q4 25
$59.9M
$27.8M
Q3 25
$72.4M
$-44.7M
Q2 25
$29.5M
$-27.5M
Q1 25
$67.7M
$-63.4M
Q4 24
$16.8M
$-15.4M
Q3 24
$56.6M
$-36.7M
Q2 24
$62.7M
$-59.9M
Q1 24
$70.2M
$-60.9M
FCF Margin
PRGS
PRGS
WEST
WEST
Q4 25
23.7%
8.2%
Q3 25
29.0%
-12.6%
Q2 25
12.4%
-9.8%
Q1 25
28.4%
-29.7%
Q4 24
7.8%
-6.7%
Q3 24
31.7%
-16.6%
Q2 24
35.8%
-28.7%
Q1 24
38.0%
-31.7%
Capex Intensity
PRGS
PRGS
WEST
WEST
Q4 25
1.1%
2.6%
Q3 25
0.4%
5.1%
Q2 25
0.2%
7.3%
Q1 25
0.5%
19.3%
Q4 24
1.3%
7.9%
Q3 24
0.6%
16.5%
Q2 24
0.5%
17.4%
Q1 24
0.2%
35.8%
Cash Conversion
PRGS
PRGS
WEST
WEST
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

PRGS
PRGS

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

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

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