Aug 2026 (Q3 FY26) — Sep 30, 2026
Progress Software Q3 FY26 — Strong Performance and Strategic Domo Acquisition
Read the full callProgress Software (PRGS) earnings
- Aug 2026
- Aug 2026 (Q3 FY26)
- Nov 2025
Progress Software earnings: last reported Wed, 30 Sep 2026, for the quarter ended Aug 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 246 | −1.5% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 18.9 | +1.4 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 22.8 | +17.3% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Price
$42.25 +3.45% · +$1.41
Performance −6.4% 1Y
1Y: $45.16 on 17 Oct 2025 → $42.25. High $46.37 (21 Oct 2025), low $25.09 (1 Apr 2026).
- Previous close
- $40.84
- 52-week range
- $25.09 – $46.37
- One year
- −6.15%
Overview
- Symbol
- PRGS
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
May 2026 (Q2 FY26) — Jun 30, 2026
Progress Software Q2 FY26 — Strong Performance and Raised Full-Year Guidance
Read the full callEvery analysed call
Progress Software earnings calls (PRGS)
Financials
What the filings say
Net profit, year on year: +17% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 215 | 238 | 237 | 250 | 253 | 248 | 253 | 246 |
| Operating profit | 22 | 32 | 39 | 44 | 38 | 46 | 45 | 47 |
| Operating margin | 10.0% | 13.6% | 16.3% | 17.6% | 15.2% | 18.8% | 17.8% | 18.9% |
| Other income | -9 | -19 | -19 | -18 | -16 | -16 | -16 | -17 |
| Interest | 11 | 18 | 18 | 18 | 17 | 15 | 16 | 17 |
| Profit before tax | 12 | 13 | 20 | 26 | 22 | 30 | 29 | 30 |
| Tax rate | 90.6% | 17.7% | 14.3% | 25.9% | −15.7% | 24.7% | 26.9% | 22.9% |
| Net profit | 1 | 11 | 17 | 19 | 26 | 23 | 21 | 23 |
| EPS ($ per share) | — | 0.25 | 0.40 | 0.45 | — | 0.54 | 0.50 | 0.55 |
| Line item | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 267 | 296 | 306 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 85 | 64 | 73 | 90 | 102 | 121 | 120 | 127 |
| Total liabilities | 320 | 551 | 696 | 951 | 1,013 | 1,143 | 2,088 | 1,979 |
| Fixed assets | 31 | 30 | 30 | 14 | 15 | 15 | 14 | 14 |
| Investments | 34 | 19 | 8 | 2 | 0 | — | — | — |
| Total assets | 644 | 881 | 1,042 | 1,364 | 1,411 | 1,603 | 2,527 | 2,458 |
| Line item | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Nov 2022 | Nov 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 121 | 128 | 145 | 179 | 192 | 174 | 211 | 235 |
| Cash from investing | 8 | -208 | -207 | -250 | 22 | -360 | -858 | -27 |
| Cash from financing | -147 | 130 | 3 | 132 | -101 | 51 | 641 | -238 |
| Net cash flow | -28 | 49 | -56 | 57 | 101 | -129 | -9 | -23 |
| Capital expenditure | -7 | -4 | -7 | -5 | -6 | -6 | -5 | -6 |
| Free cash flow | 114 | 124 | 138 | 174 | 186 | 168 | 206 | 229 |
PRGS operating KPIs by quarter
| KPI | May 2026 Q2 FY26 | Aug 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Annual recurring revenue (ARR) | $868MRevenue of $253 million was up 7% year-over-year, with ARR of $868 million, up 2% year-over-year in constant currency.Source: earnings call transcript | $873MWe delivered another solid quarter as ARR was up over 1% in constant currency to $873 million, and net retention rate finished at 99% within our expected range of 99% to 100% consistent over the last several quarters.Source: earnings call transcript | +0.6% |
| Net revenue retention rate | 100%We also generated approximately $79 million of adjusted free cash flow and delivered a net retention rate of 100%.Source: earnings call transcript | 99%We delivered another solid quarter as ARR was up over 1% in constant currency to $873 million, and net retention rate finished at 99% within our expected range of 99% to 100% consistent over the last several quarters.Source: earnings call transcript | -1 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
122 filings between Jan 26, 2026 and Oct 5, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$2.48M
15 sales by 4 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 8
- Award — granted as compensation
- 51
- Option exercise — converted options into shares
- 48
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Subramanian Sundar | — | $1.34M | Jul 1, 2026 |
| Jarrett Loren | — | $488.8K | Jul 29, 2026 |
| FOLGER ANTHONY | — | $459.9K | Aug 14, 2026 |
| WANG YUFAN STEPHANIE | — | $190.9K | Oct 5, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 5, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Sale 10b5-1 plan | 1,245 | $46.1K |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Option exercise | 2,464 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Option exercise | 1,201 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Tax withheld | 753 | $29.4K |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Tax withheld | 5,599 | $218.3K |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Tax withheld | 4,021 | $156.8K |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Tax withheld | 344 | $13.4K |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Option exercise | 1,709 | $0 |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Tax withheld | 986 | $38.4K |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Option exercise | 2,222 | $0 |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Option exercise | 11,579 | $0 |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Tax withheld | 519 | $20.2K |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Option exercise | 1,168 | $0 |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Tax withheld | 272 | $10.6K |
| Oct 1, 2026 | Subramanian Sundar EVP/GM Infrastructure Mgmt | Tax withheld | 758 | $29.6K |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Option exercise | 1,169 | $0 |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Option exercise | 924 | $0 |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Tax withheld | 2,075 | $80.9K |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Option exercise | 4,678 | $0 |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Tax withheld | 758 | $29.6K |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Tax withheld | 1,353 | $52.8K |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Option exercise | 3,049 | $0 |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Tax withheld | 237 | $9.2K |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Option exercise | 1,709 | $0 |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Tax withheld | 565 | $22.0K |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Option exercise | 1,168 | $0 |
| Oct 1, 2026 | LoCoco Domenic Chief Accounting Officer | Option exercise | 807 | $0 |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Tax withheld | 827 | $32.2K |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Tax withheld | 1,075 | $41.9K |
| Oct 1, 2026 | Jarrett Loren EVP/GM Digital Experience | Option exercise | 2,222 | $0 |
| Oct 1, 2026 | FOLGER ANTHONY Chief Financial Officer | Tax withheld | 1,093 | $42.6K |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Tax withheld | 3,554 | $138.6K |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Option exercise | 7,349 | $0 |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Option exercise | 2,222 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Tax withheld | 461 | $18.0K |
| Oct 1, 2026 | Gupta Yogesh K Chief Executive Officer | Option exercise | 8,315 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Option exercise | 1,038 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Option exercise | 1,696 | $0 |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Option exercise | 1,168 | $0 |
| Oct 1, 2026 | WANG YUFAN STEPHANIE Chief Legal Officer | Tax withheld | 533 | $20.8K |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Option exercise | 1,709 | $0 |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Tax withheld | 519 | $20.2K |
| Oct 1, 2026 | Ainsworth John EVP/GM App & Data Platform | Tax withheld | 986 | $38.4K |
| Aug 14, 2026 | FOLGER ANTHONY Chief Financial Officer | Sale 10b5-1 plan | 2,000 | $89.6K |
| Jul 29, 2026 | Jarrett Loren EVP/GM Digital Experience | Sale 10b5-1 plan | 1,784 | $74.0K |
| Jul 29, 2026 | Jarrett Loren EVP/GM Digital Experience | Sale 10b5-1 plan | 9,963 | $414.8K |
| Jul 2, 2026 | King Samskriti Director | Award | 5,857 | $225.0K |
| Jul 2, 2026 | Gawlick Rainer Director | Award | 5,857 | $225.0K |
| Jul 2, 2026 | DACIER PAUL T Director | Award | 5,857 | $225.0K |
| Jul 2, 2026 | VITALE VIVIAN M Director | Award | 5,857 | $225.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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