NASDAQ:PRGS
Progress Software Corp.
Progress Software Corp.'s revenue grew 29.8% in fiscal 2025 to $977.8M while operating margin fell to 15.7%. Free cash flow was $229.5M, 23.5% of revenue, and the diluted share count fell 0.9%.Summary generated from Progress Software Corp.'s SEC filings. Latest annual report filed Jan 20, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$977.8M
Revenue growth+29.8%
Revenue, 5-yr CAGR+17.2%
Gross margin80.8%
Operating margin15.7%
Net margin7.5%
ROIC7.6%
Return on equity15.9%
Debt / equity2.93
Free cash flow$229.5M
FCF margin23.5%
Share count change−0.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 531 | 602 | 694 | 753 | 978 |
| Operating income | 116 | 132 | 111 | 124 | 153 |
| Net income | 78 | 95 | 70 | 68 | 73 |
| Free cash flow | 174 | 186 | 168 | 206 | 229 |
Recent filings
- 4Insider transaction report
Oct 7, 2026 - 4Insider transaction report
Oct 5, 2026 - 10-QQuarterly report for the period ended Aug 31, 2026
Sep 30, 2026 - 8-KResults of operations and financial condition
Sep 30, 2026 - 8-KCompletion of an acquisition or disposition
Sep 22, 2026 - 8-KEntry into a material agreement
Jul 22, 2026 - 10-QQuarterly report for the period ended May 31, 2026
Jun 30, 2026 - 8-KResults of operations and financial condition
Jun 30, 2026