Progress Software PRGS Revenue Breakdown

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At close: Oct 1, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Progress Software, fiscal 2009 to 2025, as reported in its filings.
Annual history

Progress Software Revenue by Geography

Years FY 2009–2025
Lines 5
FY 2025 Total $977.83M

United States was Progress Software’s largest region in fiscal 2025, bringing in $595.34M of $977.83M (61%).

Progress Software revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2011 FY 2016 FY 2017 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $310.92M $380.67M $421.89M $595.34M
Emea $207.71M $222.86M $245.29M $280.91M
Asia Pacific $35.10M $38.80M $40.82M $51.49M
Canada $30.24M $31.00M $25.11M $28.43M
Latin America $18.05M $21.11M $20.31M $21.67M
Total $602.01M $694.44M $753.41M $977.83M
Totals include 1 discontinued line from earlier reporting.

Progress Software revenue by geography: what the figures show

Progress Software brought in $977.83M from its five regions in fiscal 2025, the year ended November 30, 2025. That was up 29.8% from $753.41M in fiscal 2024. United States was the largest at $595.34M (60.9%), ahead of Emea at $280.91M (28.7%) and Asia Pacific at $51.49M (5.3%). The other two regions brought in $50.10M combined.

Compared with fiscal 2024, United States grew fastest, up 41.1% to $595.34M. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions grew from $602.01M to $977.83M, a compound annual growth rate of 17.5%. United States' share of the total rose from 51.6% to 60.9%.

Annual history

Progress Software Revenue by Timing of Transfer of Good or Service

Years FY 2016–2025
Lines 4
FY 2025 Total $977.83M

Maintenance was Progress Software’s largest revenue line in fiscal 2025, bringing in $410.17M of $977.83M (42%).

Progress Software revenue by timing of transfer of good or service, fiscal 2016 to 2025
Timing of Transfer of Good or Service FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Maintenance $362.34M $401.50M $410.56M $410.17M
Software Licenses $188.34M $220.79M $249.33M $237.89M
Saas — $20.69M $44.56M $287.93M
Professional Services — $51.46M $48.96M $41.84M
Total $602.01M $694.44M $753.41M $977.83M
Totals include 2 discontinued lines from earlier reporting.

Progress Software revenue by timing of transfer of good or service: what the figures show

Progress Software brought in $977.83M from its four revenue lines in fiscal 2025, the year ended November 30, 2025. That was up 29.8% from $753.41M in fiscal 2024. Maintenance was the largest at $410.17M (41.9%), ahead of Saas at $287.93M (29.4%) and Software Licenses at $237.89M (24.3%). The remaining revenue line, Professional Services, brought in $41.84M.

Compared with fiscal 2024, Saas grew fastest, up 546.1% to $287.93M, while Professional Services fell the most, down 14.5% to $41.84M.

Progress Software began breaking out Saas in fiscal 2023 and Professional Services in fiscal 2023. Progress Software stopped reporting Services as a separate revenue line after fiscal 2022, when it brought in $51.34M.

Annual history

Progress Software Revenue by Timing Of Transfer Of Good Or Service

Years FY 2017–2025
Lines 2
FY 2025 Total $648.06M

Performance Obligations Transferred Over Time was Progress Software’s largest revenue line in fiscal 2025, bringing in $410.17M of $648.06M (63%).

Progress Software revenue by timing of transfer of good or service, fiscal 2017 to 2025
Timing Of Transfer Of Good Or Service FY 2017 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Performance Obligations Transferred Over Time $362.34M $401.50M $410.56M $410.17M
Performance Obligations Transferred At A Point In Time $188.34M $220.79M $249.33M $237.89M
Total $550.67M $622.29M $659.89M $648.06M
Totals include 2 discontinued lines from earlier reporting.

Progress Software revenue by timing of transfer of good or service: what the figures show

Progress Software brought in $648.06M from its two revenue lines in fiscal 2025, the year ended November 30, 2025. That is less than the $977.83M it reports by geography, so these revenue lines do not cover all of its revenue. Performance Obligations Transferred Over Time was the largest at $410.17M (63.3%), ahead of Performance Obligations Transferred At A Point In Time at $237.89M (36.7%).

Compared with fiscal 2024, Performance Obligations Transferred Over Time fell 0.1% to $410.17M and Performance Obligations Transferred At A Point In Time fell 4.6% to $237.89M.

Questions

Progress Software Revenue Breakdown FAQ

How does Progress Software make money?

Progress Software (PRGS) reports its revenue by geography and by timing of transfer of good or service. In fiscal 2025, United States was its largest region, bringing in $595.34M (60.9% of the total), followed by Emea at $280.91M (28.7%).

What is Progress Software's largest region?

United States was Progress Software's largest region in fiscal 2025, bringing in $595.34M, or 60.9% of the $977.83M total across its five regions.

What is Progress Software's largest revenue line?

Maintenance was Progress Software's largest revenue line in fiscal 2025, bringing in $410.17M, or 41.9% of the $977.83M total across its four revenue lines.

Which Progress Software region is growing the fastest?

Among Progress Software's regions that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 41.1% from $421.89M to $595.34M.

Where does this revenue breakdown data come from?

Every figure comes from Progress Software's annual financial filings, as reported. Each line keeps the name Progress Software gives it, and years follow its fiscal calendar.

How far back does Progress Software's revenue breakdown go?

Progress Software's revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.