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

PROGRESS SOFTWARE CORP is the larger business by last-quarter revenue ($252.7M vs $164.2M, roughly 1.5× Yatsen Holding Ltd). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs -0.5%, a 10.7% gap on every dollar of revenue. Over the past eight quarters, Yatsen Holding Ltd's revenue compounded faster (24.5% 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.

Yatsen Holding Ltd is a leading China-based beauty and personal care group. It develops and sells cosmetics, skincare products and fragrances under brands including Perfect Diary, Little Ondine and Abby's Choice, with core markets in mainland China, Southeast Asia, targeting Gen Z and young adult consumers.

PRGS vs YSG — Head-to-Head

Bigger by revenue
PRGS
PRGS
1.5× larger
PRGS
$252.7M
$164.2M
YSG
Higher net margin
PRGS
PRGS
10.7% more per $
PRGS
10.2%
-0.5%
YSG
Faster 2-yr revenue CAGR
YSG
YSG
Annualised
YSG
24.5%
17.0%
PRGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRGS
PRGS
YSG
YSG
Revenue
$252.7M
$164.2M
Net Profit
$25.7M
$-776.5K
Gross Margin
81.6%
77.8%
Operating Margin
15.2%
-34.0%
Net Margin
10.2%
-0.5%
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
PRGS
PRGS
YSG
YSG
Q4 25
$252.7M
$164.2M
Q3 25
$249.8M
$95.1M
Q2 25
$237.4M
$110.9M
Q1 25
$238.0M
$106.6M
Q4 24
$215.0M
$147.0M
Q3 24
$178.7M
$102.3M
Q2 24
$175.1M
$118.1M
Q1 24
$184.7M
$106.0M
Net Profit
PRGS
PRGS
YSG
YSG
Q4 25
$25.7M
$-776.5K
Q3 25
$19.4M
$-17.0M
Q2 25
$17.0M
$-11.9M
Q1 25
$10.9M
$-17.2M
Q4 24
$1.1M
$-67.7M
Q3 24
$28.5M
$-28.2M
Q2 24
$16.2M
$-14.9M
Q1 24
$22.6M
$7.0M
Gross Margin
PRGS
PRGS
YSG
YSG
Q4 25
81.6%
77.8%
Q3 25
81.0%
75.9%
Q2 25
80.1%
76.7%
Q1 25
80.6%
77.7%
Q4 24
83.0%
73.7%
Q3 24
83.7%
71.4%
Q2 24
81.7%
74.7%
Q1 24
82.2%
74.3%
Operating Margin
PRGS
PRGS
YSG
YSG
Q4 25
15.2%
-34.0%
Q3 25
17.6%
-20.9%
Q2 25
16.3%
-17.0%
Q1 25
13.6%
-20.4%
Q4 24
10.0%
-50.3%
Q3 24
22.6%
-32.2%
Q2 24
15.5%
-15.7%
Q1 24
19.0%
-0.9%
Net Margin
PRGS
PRGS
YSG
YSG
Q4 25
10.2%
-0.5%
Q3 25
7.8%
-17.9%
Q2 25
7.2%
-10.8%
Q1 25
4.6%
-16.1%
Q4 24
0.5%
-46.1%
Q3 24
15.9%
-27.6%
Q2 24
9.2%
-12.6%
Q1 24
12.3%
6.6%
EPS (diluted)
PRGS
PRGS
YSG
YSG
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
PRGS
PRGS
YSG
YSG
Cash + ST InvestmentsLiquidity on hand
$94.8M
$109.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$478.3M
$428.9M
Total Assets
$2.5B
$550.1M
Debt / EquityLower = less leverage
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRGS
PRGS
YSG
YSG
Q4 25
$94.8M
$109.4M
Q3 25
$99.0M
$97.0M
Q2 25
$102.0M
$133.1M
Q1 25
$124.2M
$92.3M
Q4 24
$118.1M
$112.0M
Q3 24
$232.7M
$71.7M
Q2 24
$190.4M
$109.6M
Q1 24
$133.2M
$179.9M
Total Debt
PRGS
PRGS
YSG
YSG
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
YSG
YSG
Q4 25
$478.3M
$428.9M
Q3 25
$477.7M
$423.1M
Q2 25
$452.7M
$431.5M
Q1 25
$431.8M
$422.2M
Q4 24
$438.8M
$418.1M
Q3 24
$425.6M
$516.0M
Q2 24
$401.7M
$519.4M
Q1 24
$461.7M
$551.6M
Total Assets
PRGS
PRGS
YSG
YSG
Q4 25
$2.5B
$550.1M
Q3 25
$2.4B
$564.8M
Q2 25
$2.4B
$564.4M
Q1 25
$2.5B
$534.3M
Q4 24
$2.5B
$544.0M
Q3 24
$1.6B
$635.6M
Q2 24
$1.6B
$635.8M
Q1 24
$1.5B
$662.1M
Debt / Equity
PRGS
PRGS
YSG
YSG
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
YSG
YSG
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
YSG
YSG
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
PRGS
PRGS
YSG
YSG
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
PRGS
PRGS
YSG
YSG
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
PRGS
PRGS
YSG
YSG
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
PRGS
PRGS
YSG
YSG
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%

YSG
YSG

Segment breakdown not available.

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