Progress Software Announces Third Quarter 2025 Financial Results
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
Annualized Recurring Revenue ("ARR") of $849 million Grew 47% year-over-yearRevenue of $250 million Grew 40% year-over-yearRaises Full Year Guidance for Revenue, Earnings Per Share, and Cash Flow BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2025. Third Quarter 2025 Highlights: Revenue of $250 million increased 40% year-over-year on an actual currency basis and 38% on a constant currency basis.Annualized Recurring Revenue ("ARR") of $849 million increased 47% year-over-year on a constant currency basis.Operating margin was 18% and non-GAAP operating margin was 40%.Diluted earnings per share was $0.44 compared to $0.65 in the same quarter last year, a decrease of 32%. Non-GAAP diluted earnings per share was $1.50 compared to $1.26 in the same quarter last year, an increase of 19%
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News
- Progress Software Brings Its RAG-as-a-Service Platform to AWS MarketplaceGlobeNewswire
- Progress Software Redefines Digital Experiences with the First Generative Content Management System (CMS) Built on Trusted AIGlobeNewswire
- Progress Federal Solutions Deemed “Awardable” Vendor for U.S. Department of Defense Chief Digital and Artificial Intelligence Office’s Tradewinds Solutions MarketplaceGlobeNewswire
- Progress Software Launches Automate MFT: The Next Generation of File Transfer Solutions, Cutting File Transfer Costs by Up to 50%GlobeNewswire
- Progress Software (NASDAQ:PRGS) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating.MarketBeat
PRGS
Earnings
- 9/29/25 - Beat
PRGS
Sec Filings
- 10/7/25 - Form 4
- 10/6/25 - Form 144
- 10/3/25 - Form 4
- PRGS's page on the SEC website