PRGS PROGRESS SOFTWARE CORP /MA

FY2025 10-K
Filed: Jan 20, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

PROGRESS SOFTWARE CORP /MA (PRGS) filed its fiscal year 2025 10-K annual report with the SEC on Jan 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

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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