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Segments

By geography

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North America$159.36M-2.5%
EMEA$68.99M+1.0%
Asia Pacific$11.2M-5.4%
Latin America$6.46M+3.8%

By product

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Maintenance$100.02M-4.6%
SaaS$72.62M+1.6%
Software licenses$63.56M+0.2%
Professional services$9.81M-1.9%

By segment

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Reportable Segment$246.01M-1.5%

Other financials

Income statement

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Gross profit$203.5M+0.6%
Operating income$46.6M+6.1%
Net income$22.8M+17.3%
EPS (diluted)$0.55+25.0%

Balance sheet

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Cash & equivalents$113.7M+14.8%
Total debt$822.4M-18.6%
Total equity$530.0M+10.9%
Total assets$2.3B-4.9%

Cash flow

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Operating cash flow$88.0M+19.8%
CapEx$1.7M+60.7%
Free cash flow$86.3M+19.2%

Valuation

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Market cap$1.64B-24.8%
Enterprise value$2.35B-24.0%
P/E17.7×-27.2×
P/S1.6×-0.7×

Profitability

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Gross margin82.2%+1.1pp
Operating margin17.7%+3.1pp
Net margin9.2%+4.1pp
FCF margin31.9%+12.1pp

Returns & leverage

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Return on equity18.3%+7.6pp
Debt / equity1.6×-0.6×
Current ratio0.8×+0.4×

Where this comes from

Reported directly by Progress Software in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Progress Software’s 10-Q, filed September 30, 2026.

Filed
Sep 30, 2026, 4:11 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000876167-26-000111
(in thousands, except per share data)Three Months Ended / August 31, 2026Three Months Ended / August 31, 2025Nine Months Ended / August 31, 2026Nine Months Ended / August 31, 2025
Revenue:
Software licenses$63,556$63,437$200,116$172,677
Maintenance, SaaS, and professional services182,449186,358547,153552,488
Total revenue246,005249,795747,269725,165
Costs of revenue:
Cost of software licenses2,7152,8339,4038,745
Cost of maintenance, SaaS, and professional services30,81533,91995,174100,567
Amortization of acquired intangibles8,93710,78426,62631,743

Item 1. Financial Statements (Unaudited)

FAQ

What is Progress Software's total revenue?
Progress Software (PRGS) reported total revenue of $246.01M in Q2 2026.
How has Progress Software's total revenue changed year-over-year?
Progress Software's total revenue decreased by 1.5% year-over-year, from $249.8M to $246.01M.
What is the long-term trend for Progress Software's total revenue?
Over 4 years (2021 to 2025), Progress Software's total revenue has grown at a 16.5% compound annual growth rate (CAGR), from $531.31M to $977.83M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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