What is Progress Software's revenue?

Progress Software (PRGS) generated $987.6M in revenue over the trailing twelve months, up 22.4% year over year.

Is Progress Software profitable?

Progress Software reported $85.0M in net income over the trailing twelve months, a 8.6% net margin.

What are Progress Software's profit margins?

Gross margin is 81.2% and operating margin is 16.9%, with a 8.6% net margin.

What is Progress Software's earnings per share?

Progress Software's diluted EPS over the trailing twelve months is $1.95.

Where does Progress Software's income statement data come from?

Every line is extracted from Progress Software's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Progress Software PRGS Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$987.62M+22.4%	$977.83M+29.8%	$940.13M+31.4%	$869.02M+22.1%	$806.74M+12.8%
Total cost of revenue	$185.21M+28.7%	$187.58M+43.8%	$177.59M+39.2%	$159.12M+21.0%	$143.9M+8.1%
Gross profit	$802.4M+21.1%	$790.25M+26.9%	$762.53M+29.7%	$709.9M+22.3%	$662.84M+13.9%
Gross margin	81.2%-0.9pp	80.8%-1.9pp	81.1%-1.1pp	81.7%+0.2pp	82.2%+0.8pp
Selling and marketing	$211.71M+19.8%	$211.01M+28.2%	$203.25M+28.9%	$188.54M+18.5%	$176.76M+9.5%
General and administrative	$109.1M+16.3%	$108.22M+20.9%	$105.26M+22.5%	$97.45M+13.0%	$93.8M+9.4%
Total operating expenses	$635.07M+17.3%	$636.96M+27.7%	$626.12M+35.3%	$577.01M+23.8%	$541.41M+14.8%
Operating income	$167.33M+37.8%	$153.29M+23.6%	$136.42M+9.1%	$132.89M+16.5%	$121.42M+10.4%
Operating margin	16.9%+1.9pp	15.7%-0.8pp	14.5%-3.0pp	15.3%-0.7pp	15.1%-0.3pp
Interest expense	$67.67M+57.0%	$70.85M+121%	$65.2M+125%	$54.23M+76.2%	$43.1M+33.5%
Other income (expense), net	-$68.71M-65.7%	-$71.66M-141%	-$64.79M-125%	-$53.2M-70.5%	-$41.46M-27.2%
Income before income taxes	$98.62M+23.3%	$81.63M-13.4%	$71.62M-25.5%	$79.7M-3.8%	$79.96M+3.4%
Income tax expense	——	——	$23.09M—	$22.11M—	$23.21M—
Net income	$85M+49.8%	$73.13M+6.9%	$48.54M-41.3%	$57.59M-21.4%	$56.75M-18.0%
Net margin	8.6%+1.6pp	7.5%-1.6pp	5.2%-6.4pp	6.6%-3.7pp	7%-2.6pp
Diluted earnings per share	$1.95+52.3%	$1.66+7.1%	$1.09-41.7%	$1.30-20.7%	$1.28-16.9%
EBITDA	$173.44M+35.6%	$159.52M+22.3%	$142.79M+8.6%	$139.36M+15.7%	$127.88M+10.0%
EBITDA margin	17.6%+1.7pp	16.3%-1.0pp	15.2%-3.2pp	16%-0.9pp	15.9%-0.4pp
EBIT	$167.33M+37.8%	$153.29M+23.6%	$136.42M+9.1%	$132.89M+16.5%	$121.42M+10.4%

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Questions, answered.

What is Progress Software's revenue?: Progress Software (PRGS) generated $987.6M in revenue over the trailing twelve months, up 22.4% year over year.
Is Progress Software profitable?: Progress Software reported $85.0M in net income over the trailing twelve months, a 8.6% net margin.
What are Progress Software's profit margins?: Gross margin is 81.2% and operating margin is 16.9%, with a 8.6% net margin.
What is Progress Software's earnings per share?: Progress Software's diluted EPS over the trailing twelve months is $1.95.
Where does Progress Software's income statement data come from?: Every line is extracted from Progress Software's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.