Appian (APPN) vs Progress Software (PRGS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Appian (APPN) has outperformed Progress Software (PRGS) over the past year, gaining 28.0% versus a loss of 16.7%. Over five years, PRGS leads with a -23.7% price change compared with -58.9% for APPN. Appian is the larger company by market cap ($2.77 billion vs $1.56 billion), about 1.8 times the size.
On valuation, Progress Software trades at a lower forward P/E (5.3x vs 27.3x for Appian).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APPN | PRGS |
|---|---|---|
| Share price | $38.66 | $38.28 |
| Market cap | $2.77B | $1.56B |
| 1-day change | +2.38% | +2.88% |
| YTD return | +6.61% | -10.89% |
| 1-year return | +27.96% | -16.67% |
| 5-year return | -58.95% | -23.71% |
| P/E ratio (TTM) | — | 17.64 |
| Forward P/E | 27.27 | 5.33 |
| EPS (TTM) | $-0.14 | $2.17 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $726.94M | — |
| Revenue growth (YoY) | +17.81% | — |
| Net income (latest FY) | $1.23M | — |
| Gross margin | 72.54% | — |
| Operating margin | 0.08% | — |
| Net margin | 0.17% | — |
| 52-week high | $46.06 | $47.25 |
| 52-week low | $18.63 | $23.82 |
| Distance from 52-week high | -16.06% | -18.98% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | -12.05% | +46.81% |
| Average volume | 862.63K | 553.58K |
| Shares outstanding | 40.54M | 40.87M |
| Employees | 2,149 | 2,801 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- APPN has outperformed PRGS by 44.6 percentage points over the past year.
About Appian
APPN stock →Appian Corporation operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally. The company offers The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize critical business processes.
Technology · Computer Software: Prepackaged Software · 2,149 employees
About Progress Software
PRGS stock →Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers.
Technology · Computer Software: Prepackaged Software · 2,801 employees
APPN vs PRGS FAQ
Which is bigger, Appian or Progress Software?
Appian (APPN) is larger, with a market capitalization of $2.77B compared with $1.56B for Progress Software (PRGS).
Which stock has performed better over the past year, APPN or PRGS?
APPN returned +27.96% over the past 12 months, compared with -16.67% for PRGS (price return, excluding dividends). Past performance does not predict future results.
Are Appian and Progress Software in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.