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Progress Software Corp revenue

Progress Software Corp's revenue was $978m in fiscal 2025, up 29.8% on the year before. Since fiscal 2009 ($494m) it has grown at a compound 4.4% a year. Over the last twelve months it was $1000m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Nov 20092010Nov 20102011Nov 20112012Nov 20122013Nov 20132014Nov 20142015Nov 20152016Nov 20162017Nov 20172018Nov 20182019Nov 20192020Nov 20202021Nov 20212022Nov 20222023Nov 20232024Nov 20242025Nov 2025LTMAug 2026
Revenue4943523343183343333784053983794134425316026947539781,000
Growth on the year before—−28.8%−5.1%−4.8%+5.2%−0.4%+13.5%+7.4%−1.9%−4.7%+9.1%+7.0%+20.2%+13.3%+15.4%+8.5%+29.8%—
Gross profit401310297281299298314340320312338380453508568623790822
Gross margin81.1%88.3%89.0%88.6%89.5%89.7%83.1%83.8%80.5%82.3%81.8%86.0%85.2%84.3%81.8%82.7%80.8%82.2%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to November 30, 2025
Products and services
Line of business Revenue Share YoY
Maintenance and Services $740M 75.7% ▲ 46.8%
Software Licenses $238M 24.3% ▼ 4.6%
Geography
Region Revenue Share YoY
United States $595M 60.9% ▲ 41.1%
EMEA $281M 28.7% ▲ 14.5%
Asia Pacific $51.5M 5.3% ▲ 26.1%
Canada $28.4M 2.9% ▲ 13.2%
Latin America $21.7M 2.2% ▲ 6.7%

From Progress Software Corp's 10-K filed January 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Progress Software Corp $1000m 6.4% 14.0%
Clear Secure, Inc. $1.00bn 19.8% 23.9%
Workiva Inc $966m 19.7% 18.4%
Alarm.com Holdings, Inc. $1.06bn 8.7% 7.3%
Servicetitan, Inc. $1.06bn 22.9% —
Appfolio Inc $1.09bn 20.0% 23.8%

Compare with peers

Head to head: PRGS vs YOUPRGS vs WKALRM vs PRGS

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Progress Software Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Progress Software Corp.