# Progress Software Corp: overview

PRGS · Nasdaq · CIK 876167 · [Technology](/sectors/technology.md) · fiscal year ends Nov 30

Pages: [Overview](/companies/prgs.md) · [Financials](/companies/prgs/financials.md) · [Filings](/companies/prgs/filings.md) · [Insiders](/companies/prgs/insiders.md)

Latest reported revenue: [$246.0m](/filings/0000876167-26-000111.md) for Q3 FY2026, three months to 2026-08-31, from the 10-Q filed Sep 30, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000876167-26-000111).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-11-30) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-31) | Q3 FY2025 (2025-08-31) | Q4 FY2025 (2025-11-30) | Q1 FY2026 (2026-02-28) | Q2 FY2026 (2026-05-31) | Q3 FY2026 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [215 d](/filings/0000876167-26-000008.md) | [238](/filings/0000876167-26-000051.md) | [237](/filings/0000876167-26-000078.md) | [250](/filings/0000876167-26-000111.md) | [253 d](/filings/0000876167-26-000008.md) | [248](/filings/0000876167-26-000051.md) | [253](/filings/0000876167-26-000078.md) | [246](/filings/0000876167-26-000111.md) |
| Gross margin | % | [83.0% d](/filings/0000876167-26-000008.md) | [80.6%](/filings/0000876167-26-000051.md) | [80.1%](/filings/0000876167-26-000078.md) | [81.0%](/filings/0000876167-26-000111.md) | [81.6% d](/filings/0000876167-26-000008.md) | [82.3%](/filings/0000876167-26-000051.md) | [82.3%](/filings/0000876167-26-000078.md) | [82.7%](/filings/0000876167-26-000111.md) |
| Operating margin | % | [10.0% d](/filings/0000876167-26-000008.md) | [13.6%](/filings/0000876167-26-000051.md) | [16.3%](/filings/0000876167-26-000078.md) | [17.6%](/filings/0000876167-26-000111.md) | [15.2% d](/filings/0000876167-26-000008.md) | [18.8%](/filings/0000876167-26-000051.md) | [17.8%](/filings/0000876167-26-000078.md) | [18.9%](/filings/0000876167-26-000111.md) |
| Net margin | % | [0.5% d](/filings/0000876167-26-000008.md) | [4.6%](/filings/0000876167-26-000051.md) | [7.2%](/filings/0000876167-26-000078.md) | [7.8%](/filings/0000876167-26-000111.md) | [10.2% d](/filings/0000876167-26-000008.md) | [9.2%](/filings/0000876167-26-000051.md) | [8.3%](/filings/0000876167-26-000078.md) | [9.3%](/filings/0000876167-26-000111.md) |
| Diluted EPS | $ per share | not reported | [0.24](/filings/0000876167-26-000051.md) | [0.39](/filings/0000876167-26-000078.md) | [0.44](/filings/0000876167-26-000111.md) | not reported | [0.53](/filings/0000876167-26-000051.md) | [0.50](/filings/0000876167-26-000078.md) | [0.55](/filings/0000876167-26-000111.md) |
| Free cash flow | $m | [16.8 d](/filings/0000876167-26-000008.md) | [67.7](/filings/0000876167-26-000051.md) | [29.5 d](/filings/0000876167-26-000078.md) | [72.4 d](/filings/0000876167-26-000111.md) | [59.9 d](/filings/0000876167-26-000008.md) | [95.9](/filings/0000876167-26-000051.md) | [77.0 d](/filings/0000876167-26-000078.md) | [86.3 d](/filings/0000876167-26-000111.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-11-30) | FY2022 (2022-11-30) | FY2023 (2023-11-30) | FY2024 (2024-11-30) | FY2025 (2025-11-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [531](/filings/0000876167-24-000031.md) | [602](/filings/0000876167-25-000010.md) | [694](/filings/0000876167-26-000008.md) | [753](/filings/0000876167-26-000008.md) | [978](/filings/0000876167-26-000008.md) |
| Gross margin | % | [85.2%](/filings/0000876167-24-000031.md) | [84.3%](/filings/0000876167-25-000010.md) | [81.8%](/filings/0000876167-26-000008.md) | [82.7%](/filings/0000876167-26-000008.md) | [80.8%](/filings/0000876167-26-000008.md) |
| Operating margin | % | [21.9%](/filings/0000876167-24-000031.md) | [21.9%](/filings/0000876167-25-000010.md) | [15.9%](/filings/0000876167-26-000008.md) | [16.5%](/filings/0000876167-26-000008.md) | [15.7%](/filings/0000876167-26-000008.md) |
| Net margin | % | [14.8%](/filings/0000876167-24-000031.md) | [15.8%](/filings/0000876167-25-000010.md) | [10.1%](/filings/0000876167-26-000008.md) | [9.1%](/filings/0000876167-26-000008.md) | [7.5%](/filings/0000876167-26-000008.md) |
| Diluted EPS | $ per share | [1.76](/filings/0000876167-24-000031.md) | [2.15](/filings/0000876167-25-000010.md) | [1.57](/filings/0000876167-26-000008.md) | [1.54](/filings/0000876167-26-000008.md) | [1.66](/filings/0000876167-26-000008.md) |
| Free cash flow | $m | [174](/filings/0000876167-24-000031.md) | [186](/filings/0000876167-25-000010.md) | [168](/filings/0000876167-26-000008.md) | [206](/filings/0000876167-26-000008.md) | [229](/filings/0000876167-26-000008.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/prgs/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-21 | [Jarrett Loren](/insiders/1750308.md) | EVP/GM Digital Experience, Officer | Sale (S) | 2,086 | $43.47 | $90.7k | [Form 4](/filings/0000876167-26-000131.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $254.2m | 7,570,529 |  | Added +598,449 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $129.2m | 3,846,694 |  | Added +415,979 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $65.9m | 1,961,723 |  | Added +200,714 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $63.8m | 1,899,835 |  | Reduced −28,805 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $56.7m | 1,689,867 |  | Added +741,973 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $42.8m | 1,274,910 |  | Added +53,263 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $42.3m | 1,258,502 |  | Added +607,467 |
| [MANUFACTURERS LIFE INSURANCE COMPANY, THE](/funds/928047.md) | 2026-06-30 | $40.8m | 1,214,414 |  | Added +144,087 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $39.3m | 1,171,371 |  | Added +84,656 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $36.1m | 1,076,430 |  | Reduced −157,400 |

## Recent filings

[All 1,548 filings](/companies/prgs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-30 | 16:11 ET | [10-Q](/filings/0000876167-26-000111.md) | Quarterly report, period 2026-08-31 | 0000876167-26-000111 |
| 2026-09-30 | 16:07 ET | [8-K](/filings/0000876167-26-000110.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000876167-26-000110 |
| 2026-09-22 | 16:08 ET | [8-K](/filings/0001552781-26-000497.md) | 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001552781-26-000497 |
| 2026-07-22 | 16:21 ET | [8-K](/filings/0001552781-26-000390.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001552781-26-000390 |
| 2026-06-30 | 16:10 ET | [10-Q](/filings/0000876167-26-000078.md) | Quarterly report, period 2026-05-31 | 0000876167-26-000078 |
| 2026-06-30 | 16:02 ET | [8-K](/filings/0000876167-26-000077.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000876167-26-000077 |
| 2026-05-11 | 06:15 ET | [8-K](/filings/0001552781-26-000319.md) | 5.07 Shareholder vote results | 0001552781-26-000319 |
| 2026-03-31 | 17:57 ET | [10-Q](/filings/0000876167-26-000051.md) | Quarterly report, period 2026-02-28 | 0000876167-26-000051 |
| 2026-03-30 | 17:30 ET | [8-K](/filings/0000876167-26-000050.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000876167-26-000050 |
| 2026-03-25 | 16:15 ET | [DEF 14A](/filings/0001552781-26-000161.md) | Proxy statement, period 2026-05-07 | 0001552781-26-000161 |

## Latest annual report

[Form 10-K for the fiscal year ended Nov 30, 2025](/filings/0000876167-26-000008.md), filed Jan 20, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 876167
- Tickers: PRGS
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:42 ET. No prices; not investment advice.