PROGRESS SOFTWARE CORP
Progress Software Corporation (NASDAQ: PRGS) operates at www.progress.com as a global provider of software products enabling customers to develop, deploy, and manage responsible AI-powered applications and digital experiences. The company serves organizations across North America, Latin America, Europe, the Middle… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What PROGRESS SOFTWARE CORP does
In the company’s own words
Progress Software Corporation (NASDAQ: PRGS) operates at www.progress.com as a global provider of software products enabling customers to develop, deploy, and manage responsible AI-powered applications and digital experiences. The company serves organizations across North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific through direct sales forces and indirect channel partners including independent software vendors, original equipment manufacturers, distributors, and value-added resellers.
Progress maintains a diversified product portfolio spanning multiple categories. Key offerings include Progress OpenEdge, an application development platform for business-critical applications; Progress ShareFile, a SaaS-native AI-powered document collaboration platform; Progress MOVEit, managed file transfer software; Progress Chef, DevOps and DevSecOps automation software; Progress Sitefinity, a digital experience platform; Progress MarkLogic, a data agility platform; and Progress Agentic RAG, a next-generation retrieval-as-a-service platform. Additional products address network monitoring, application delivery, data connectivity, decision automation, and developer tools. OpenEdge and ShareFile together accounted for slightly more than half of consolidated revenue in fiscal 2025.
The company operates as a single reportable segment focused on software products for developing, deploying, and managing AI-powered applications and digital experiences. As of November 30, 2025, Progress employed 2,801 people worldwide, including 932 in sales and marketing, 523 in customer support and services, 1,048 in product development, and 298 in administration. Primary development offices are located in Sofia, Bulgaria; Brno, Czech Republic; Bengaluru and Hyderabad, India; Limerick, Ireland; Manresa, Spain; and multiple U.S. cities including Alpharetta, Burlington, Madison, and Raleigh.
Progress pursues a total growth strategy centered on accretive acquisitions of complementary businesses and products. Recent acquisitions include Ipswitch, Chef Software, Kemp Technologies, MarkLogic, ShareFile, and Nuclia. The company generates revenue through perpetual licenses, term licenses, and subscription-based models. Nearly half of worldwide revenue derives from indirect channel partners. Progress emphasizes customer and partner retention, predictable recurring revenue, and high profitability while returning capital to shareholders through share repurchases and strategic acquisitions.
Company details
- Sector
- Technology
- Industry
- Prepackaged Software
- Headquarters
- BURLINGTON, MA
- Fiscal year end
- November
- CIK
- 876167
- SIC
- 7372
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns PROGRESS SOFTWARE CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · PROGRESS SOFTWARE CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
PROGRESS SOFTWARE CORP’s bonds, as funds hold them
Funds report holding 1 issues of PROGRESS SOFTWARE CORP’s debt, $84.45M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.50%, maturing 2030 to 2030.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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