When did Progress Software report Q1 2025 earnings?

Progress Software (PRGS) reported Q1 2025 earnings on March 31, 2025 after market close.

What were Progress Software's Q1 2025 revenue and EPS?

Progress Software reported revenue of $238.0M and eps of $1.31 for Q1 2025.

Did Progress Software beat estimates in Q1 2025?

Revenue beat the consensus estimate of $235.6M by $2.4M. EPS beat the consensus estimate of $1.06 by $0.25.

Where can I find Progress Software's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0000876167-25-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.

Progress Software PRGS Q1 2025 earnings

Reported March 31, 2025 · After market close

Revenue$238.0MBeat by $2.4M

EPS$1.31Beat by $0.25

Revenue estimate$235.6M

EPS estimate$1.06

Next report

Sep 28, 2026 (in 2 months)

Revenue estimate$246.7M

EPS estimate$1.49

Financials

Q1 2025

Income statement

See full

Revenue$238.0M+28.9%

Gross profit$191.8M+26.3%

Operating income$32.4M-7.4%

Net income$10.9M-51.6%

EPS (diluted)$0.24-52.9%

Balance sheet

See full

Cash & equivalents$124.2M-6.8%

Total debt$733.2M+105%

Total equity$431.8M-6.5%

Total assets$2.5B+59.1%

Cash flow

See full

Operating cash flow$68.9M-2.2%

CapEx$1.3M+317%

Free cash flow$67.7M-3.6%

Valuation & ratios

Valuation

as of 02/28/25

See full

Market cap$2.37B+1.4%

Enterprise value$2.98B+16.3%

P/E41.8×+8.0×

P/S2.9×-0.3×

Profitability

See full

Gross margin82.2%+0.8pp

Operating margin15.1%-0.3pp

Net margin7%-2.6pp

FCF margin25.3%-1.6pp

Returns & leverage

See full

Return on equity12.7%-3.1pp

Debt / equity1.7×+0.9×

Current ratio0.8×-0.2×

Segments

By geography

See full

North America$154.6M+44.1%

EMEA$66.9M+6.1%

Asia Pacific$11.4M+17.9%

Latin America$5.1M+8.2%

By product

See full

Maintenance$99.5M-2.4%

SaaS$69.4M+1,146%

Software licenses$58.4M-8.8%

Professional services$10.6M-18.2%

By segment

See full

Reportable Segment$238.0M+26.4%

Versus estimates

Revenue

Q2 2026$253.5MBeat by $10.7M Q1 2026$247.8MBeat by $1.4M Q3 2025$249.8MBeat by $9.7M Q2 2025$237.4MMiss by $2.6M

Q1 2025$238.0MBeat by $2.4M

Q3 2024$178.7MBeat by $2.5M

Diluted EPS

Q2 2026$0.50Miss by $0.99 Q1 2026$1.60Beat by $0.03 Q3 2025$1.50Beat by $0.20 Q2 2025$1.40Beat by $0.10

Q1 2025$1.31Beat by $0.25

Q3 2024$1.26Beat by $0.12

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Questions, answered.

When did Progress Software report Q1 2025 earnings?: Progress Software (PRGS) reported Q1 2025 earnings on March 31, 2025 after market close.
What were Progress Software's Q1 2025 revenue and EPS?: Progress Software reported revenue of $238.0M and eps of $1.31 for Q1 2025.
Did Progress Software beat estimates in Q1 2025?: Revenue beat the consensus estimate of $235.6M by $2.4M. EPS beat the consensus estimate of $1.06 by $0.25.
Where can I find Progress Software's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0000876167-25-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.