PROGRESS SOFTWARE CORP /MA (PRGS) FY2025 10-K Annual Report

Filed: Jan 20, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

PROGRESS SOFTWARE CORP /MA (PRGS) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Jan 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

PROGRESS SOFTWARE CORP /MA FY2025 10-K Analysis

Business Overview

  • Core business: Software products enabling customers to develop, deploy, and manage responsible AI-powered applications and digital experiences globally
  • New emphasis on Progress Agentic RAG and Progress Semaphore as next-gen AI platforms for retrieval augmented generation (RAG) and semantic AI insights
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Management Discussion & Analysis

  • No revenue or YoY change figures disclosed; revenue forecasting described as uncertain and challenging due to pipeline variability
  • Profitability impacted by fixed costs and risks of revenue shortfalls; no specific operating margin or profit % figures provided
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Risk Factors

  • Financial risk from 2026 Notes repayment relying on Credit Facility capacity use for settlement or redemption
  • Operational vulnerability from MOVEit software vulnerability requiring recognition of probable loss contingencies
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PROGRESS SOFTWARE CORP /MA FY2025 Key Financial Metrics
XBRL

Revenue

$978M

+29.8% YoY

Net Income

$73M

+6.9% YoY

Gross Margin

80.8%

-186bp YoY

Operating Margin

15.7%

-78bp YoY

Net Margin

7.5%

-160bp YoY

ROE

15.3%

-31bp YoY

Total Assets

$2.5B

-2.7% YoY

EPS (Diluted)

$1.66

+7.8% YoY

Operating Cash Flow

$235M

+11.2% YoY

Source: XBRL data from PROGRESS SOFTWARE CORP /MA FY2025 10-K filing on SEC EDGAR. All figures in USD.

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