Short answer
PROGRESS SOFTWARE CORP /MA (PRGS) filed its Q3 2025 10-Q quarterly report on Sep 29, 2025 for the quarter ended Aug 31, 2025. Quarterly revenue was $250M (up 39.8% year over year) with net income of $19M.
Q3 2025 key financials · XBRL
- Revenue
- $250M
- +39.8% YoY · +5.2% QoQ
- Net income
- $19M
- −31.8% YoY · +14.0% QoQ
- Operating margin
- 17.6%
- Gross margin
- 81.0%
- EPS (diluted)
- $0.44
- −32.3% YoY · +12.8% QoQ
Source: XBRL data from the PROGRESS SOFTWARE CORP /MA (PRGS) Q3 2025 10-Q on SEC EDGAR. USD.
PROGRESS SOFTWARE CORP /MA Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Risk Factors
- New litigation risk from May 28, 2023 MOVEit Vulnerability, including ongoing MDL with partial claim dismissals and pending court reconsideration motion
- Updated legal expense risk from MOVEit Vulnerability, costs partially offset by insurance coverage as per Note 12 on Cyber Related Matters
- Regulatory risk from government inquiries into MOVEit breach, no prosecutions or enforcement actions so far
- Operational risk in data security from MOVEit product breach impacting customer data and incurring remediation expenses
- Financial risk from revolving credit facility usage tied to potential 2026 Notes settlements or repayments
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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