Progress Software Corporation (PRGS) Tops Q3 EPS by 20c

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Progress Software Announces Third Quarter 2025 Financial Results

September 29, 2025 4:02 PM EDT

Annualized Recurring Revenue ("ARR") of $849 million Grew 47% year-over-year
Revenue of $250 million Grew 40% year-over-year
Raises Full Year Guidance for Revenue, Earnings Per Share, and Cash Flow

BURLINGTON, Mass., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced financial results for its fiscal third quarter ended August 31, 2025.

Third Quarter 2025 Highlights:

Revenue of $250 million increased 40% year-over-year on an actual currency basis and 38% on a... More