Progress Software PRGS Maintenance, SaaS, and professional services — Total Costs & Expenses
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Where this comes from
Reported directly by Progress Software in its filing.
Tagged under the XBRL concept us-gaap:CostsAndExpenses.
The source filing: Progress Software’s 10-K, filed January 20, 2026.
- Filed
- Jan 20, 2026, 4:12 PM EST
- Fiscal year
- FY2025
- Accession
- 0000876167-26-000008
In connection with our acquisition of ShareFile, we assumed an existing agreement for cloud-based hosting services through May 2029 with a third-party provider in the ordinary course of business. The agreement requires a purchase obligation of $130.0 million throughout the term of the agreement. As of November 30, 2025, we had $76.5 million of remaining obligations under this agreement. For the twelve months ended November 30, 2025 and 2024, the total expense related to this purchase obligation was $37.3 million and $2.5 million, respectively, and is recorded in cost of maintenance and services.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Progress Software's maintenance, saas, and professional services — total costs & expenses?
- Progress Software (PRGS) reported maintenance, saas, and professional services — total costs & expenses of $9.33M in Q3 2025.
- How has Progress Software's maintenance, saas, and professional services — total costs & expenses changed year-over-year?
- Progress Software's maintenance, saas, and professional services — total costs & expenses increased by 1392.0% year-over-year, from $625K to $9.33M.
- What does maintenance, saas, and professional services — total costs & expenses mean?
- This metric aggregates the broader operating costs and expenses specifically allocated to the maintenance, SaaS, and professional services segment beyond direct costs of revenue. It reflects the investment in sales, marketing, and administrative support required to sustain and grow this specific business unit. Analyzing these expenses helps investors evaluate the operating leverage and long-term margin potential of the company's service-based revenue streams.
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