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Progress Software PRGS Maintenance, SaaS, and professional services — Cost of revenue

Other product segments

Software licenses
$3.01M+3.0%

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Other financials

Income statement

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Revenue$247.8M+4.1%
Gross profit$203.9M+6.3%
Operating income$46.5M+43.3%
Net income$22.8M+108%
EPS (diluted)$0.53+121%

Balance sheet

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Cash & equivalents$113.2M-8.9%
Total debt$1.3B+76.4%
Total equity$498.8M+15.5%
Total assets$2.4B-2.7%

Cash flow

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Operating cash flow$98.6M+43.0%
CapEx$2.7M+110%
Free cash flow$95.9M+41.8%

Valuation

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Market cap$1.26B-53.2%
Enterprise value$2.44B-32.9%
P/E14.8×-31.9×
P/S1.3×-1.8×

Profitability

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Gross margin81.2%-0.9pp
Operating margin16.9%+1.9pp
Net margin8.6%+1.6pp
FCF margin26.1%+0.8pp

Returns & leverage

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Return on equity18.3%+5.6pp
Debt / equity2.6×+0.9×
Current ratio0.5×-0.3×

Where this comes from

Reported directly by Progress Software in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Progress Software’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progress Software's maintenance, saas, and professional services — cost of revenue?
Progress Software (PRGS) reported maintenance, saas, and professional services — cost of revenue of $32.1M in Q4 2025.
How has Progress Software's maintenance, saas, and professional services — cost of revenue changed year-over-year?
Progress Software's maintenance, saas, and professional services — cost of revenue decreased by 2.4% year-over-year, from $32.88M to $32.1M.
What is the long-term trend for Progress Software's maintenance, saas, and professional services — cost of revenue?
Over 4 years (2021 to 2025), Progress Software's maintenance, saas, and professional services — cost of revenue has grown at a 23.1% compound annual growth rate (CAGR), from $58.24M to $133.75M.
What does maintenance, saas, and professional services — cost of revenue mean?
This metric captures the direct costs associated with delivering maintenance, SaaS, and professional services, including hosting infrastructure, support personnel, and service delivery overhead. Monitoring this figure is essential for assessing the direct profitability and scalability of the company's service-oriented business lines. It provides insight into the efficiency of service delivery models as the company scales its cloud and subscription offerings.