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

WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $252.7M, roughly 1.0× PROGRESS SOFTWARE CORP). WESBANCO INC runs the higher net margin — 34.5% vs 10.2%, a 24.3% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% 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.

WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.

PRGS vs WSBC — Head-to-Head

Bigger by revenue
WSBC
WSBC
1.0× larger
WSBC
$257.2M
$252.7M
PRGS
Higher net margin
WSBC
WSBC
24.3% more per $
WSBC
34.5%
10.2%
PRGS
Faster 2-yr revenue CAGR
WSBC
WSBC
Annualised
WSBC
31.9%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRGS
PRGS
WSBC
WSBC
Revenue
$252.7M
$257.2M
Net Profit
$25.7M
$88.6M
Gross Margin
81.6%
Operating Margin
15.2%
Net Margin
10.2%
34.5%
Revenue YoY
17.5%
Net Profit YoY
2144.6%
54.4%
EPS (diluted)
$0.59
$0.88

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
WSBC
WSBC
Q1 26
$257.2M
Q4 25
$252.7M
$265.6M
Q3 25
$249.8M
$261.6M
Q2 25
$237.4M
$260.7M
Q1 25
$238.0M
$193.2M
Q4 24
$215.0M
$162.9M
Q3 24
$178.7M
$150.8M
Q2 24
$175.1M
$147.9M
Net Profit
PRGS
PRGS
WSBC
WSBC
Q1 26
$88.6M
Q4 25
$25.7M
$91.1M
Q3 25
$19.4M
$83.6M
Q2 25
$17.0M
$57.4M
Q1 25
$10.9M
$-9.0M
Q4 24
$1.1M
$49.6M
Q3 24
$28.5M
$37.3M
Q2 24
$16.2M
$28.9M
Gross Margin
PRGS
PRGS
WSBC
WSBC
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
WSBC
WSBC
Q1 26
Q4 25
15.2%
43.2%
Q3 25
17.6%
39.5%
Q2 25
16.3%
27.2%
Q1 25
13.6%
-5.0%
Q4 24
10.0%
38.0%
Q3 24
22.6%
29.7%
Q2 24
15.5%
23.7%
Net Margin
PRGS
PRGS
WSBC
WSBC
Q1 26
34.5%
Q4 25
10.2%
34.3%
Q3 25
7.8%
31.9%
Q2 25
7.2%
22.0%
Q1 25
4.6%
-4.7%
Q4 24
0.5%
30.5%
Q3 24
15.9%
24.7%
Q2 24
9.2%
19.5%
EPS (diluted)
PRGS
PRGS
WSBC
WSBC
Q1 26
$0.88
Q4 25
$0.59
$0.97
Q3 25
$0.44
$0.84
Q2 25
$0.39
$0.57
Q1 25
$0.24
$-0.15
Q4 24
$0.01
$0.72
Q3 24
$0.65
$0.54
Q2 24
$0.37
$0.44

Balance Sheet & Financial Strength

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

Metric
PRGS
PRGS
WSBC
WSBC
Cash + ST InvestmentsLiquidity on hand
$94.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$478.3M
$4.1B
Total Assets
$2.5B
$27.5B
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRGS
PRGS
WSBC
WSBC
Q1 26
Q4 25
$94.8M
$956.1M
Q3 25
$99.0M
$1.0B
Q2 25
$102.0M
$1.2B
Q1 25
$124.2M
$1.1B
Q4 24
$118.1M
$568.1M
Q3 24
$232.7M
$620.9M
Q2 24
$190.4M
$486.8M
Total Debt
PRGS
PRGS
WSBC
WSBC
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
PRGS
PRGS
WSBC
WSBC
Q1 26
$4.1B
Q4 25
$478.3M
$4.0B
Q3 25
$477.7M
$4.1B
Q2 25
$452.7M
$3.8B
Q1 25
$431.8M
$3.8B
Q4 24
$438.8M
$2.8B
Q3 24
$425.6M
$2.8B
Q2 24
$401.7M
$2.5B
Total Assets
PRGS
PRGS
WSBC
WSBC
Q1 26
$27.5B
Q4 25
$2.5B
$27.7B
Q3 25
$2.4B
$27.5B
Q2 25
$2.4B
$27.6B
Q1 25
$2.5B
$27.4B
Q4 24
$2.5B
$18.7B
Q3 24
$1.6B
$18.5B
Q2 24
$1.6B
$18.1B
Debt / Equity
PRGS
PRGS
WSBC
WSBC
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
PRGS
PRGS
WSBC
WSBC
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
WSBC
WSBC
Q1 26
Q4 25
$62.8M
$290.4M
Q3 25
$73.4M
$116.9M
Q2 25
$30.0M
$105.0M
Q1 25
$68.9M
$-26.4M
Q4 24
$19.7M
$211.0M
Q3 24
$57.7M
$60.7M
Q2 24
$63.7M
$18.2M
Free Cash Flow
PRGS
PRGS
WSBC
WSBC
Q1 26
Q4 25
$59.9M
$280.0M
Q3 25
$72.4M
$114.9M
Q2 25
$29.5M
$98.3M
Q1 25
$67.7M
$-30.7M
Q4 24
$16.8M
$200.7M
Q3 24
$56.6M
$56.9M
Q2 24
$62.7M
$17.3M
FCF Margin
PRGS
PRGS
WSBC
WSBC
Q1 26
Q4 25
23.7%
105.4%
Q3 25
29.0%
43.9%
Q2 25
12.4%
37.7%
Q1 25
28.4%
-15.9%
Q4 24
7.8%
123.2%
Q3 24
31.7%
37.7%
Q2 24
35.8%
11.7%
Capex Intensity
PRGS
PRGS
WSBC
WSBC
Q1 26
Q4 25
1.1%
3.9%
Q3 25
0.4%
0.8%
Q2 25
0.2%
2.6%
Q1 25
0.5%
2.2%
Q4 24
1.3%
6.3%
Q3 24
0.6%
2.5%
Q2 24
0.5%
0.6%
Cash Conversion
PRGS
PRGS
WSBC
WSBC
Q1 26
Q4 25
2.44×
3.19×
Q3 25
3.78×
1.40×
Q2 25
1.76×
1.83×
Q1 25
6.30×
Q4 24
17.13×
4.25×
Q3 24
2.03×
1.63×
Q2 24
3.93×
0.63×

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%

WSBC
WSBC

Net Interest Income$215.4M84%
Noninterest Income$41.8M16%

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