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Progress Software Corporation (PRGS) is a technology company in the niche technical application systems industry, based in Burlington, United States, with about 2,801 full-time employees.
It reported revenue of $977.83 million for fiscal year 2025, up 29.8% from fiscal year 2024, and net income of $73.13 million. In Q2 2026 (the quarter ended May 31, 2026) revenue was $253.47 million, up 6.8% from a year before. United States was its largest region in fiscal year 2025, with 61% of revenue. Its market capitalization was $1.61 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended November 30, 2025; market data as of October 9, 2026.
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally.
Progress Software reported $977.83 million in revenue for fiscal year 2025, up 29.8% from $753.41 million in fiscal year 2024. In Q2 2026 revenue was $253.47 million.
United States: 61% of revenue by region in fiscal year 2025, followed by Europe, The Middle East and Africa (29%).
$1.61 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (niche technical application systems) include Appian Corporation (APPN), NextNav Inc. (NN), C3.ai, Inc. (AI), Tuya Inc. (TUYA).