PRGS
Income statement / Annual
Last year (2025), Progress Software Corp.'s total revenue was $977.83 M,
an increase of 29.79% from the previous year.
In 2025, Progress Software Corp.'s net income was $73.13 M.
See Progress Software Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
11/30/2025 |
11/30/2024 |
11/30/2023 |
11/30/2022 |
11/30/2021 |
11/30/2020 |
11/30/2019 |
11/30/2018 |
11/30/2017 |
11/30/2016 |
| Operating Revenue |
$977.83 M |
$753.41 M |
$694.44 M |
$602.01 M |
$531.31 M |
$442.15 M |
$413.30 M |
$397.17 M |
$397.57 M |
$405.34 M |
| Cost of Revenue |
$187.58 M
|
$130.48 M
|
$126.58 M
|
$94.50 M
|
$78.45 M
|
$62.11 M
|
$75.24 M
|
$66.97 M
|
$69.16 M
|
$65.71 M
|
| Gross Profit |
$790.25 M
|
$622.93 M
|
$567.86 M
|
$507.52 M
|
$452.86 M
|
$380.04 M
|
$338.06 M
|
$312.01 M
|
$320.00 M
|
$339.63 M
|
| Gross Profit Ratio |
0.81
|
0.83
|
0.82
|
0.84
|
0.85
|
0.86
|
0.82
|
0.79
|
0.8
|
0.84
|
| Research and Development Expenses |
$192.27 M
|
$146.34 M
|
$132.40 M
|
$114.57 M
|
$103.34 M
|
$88.60 M
|
$88.57 M
|
$79.74 M
|
$76.99 M
|
$88.59 M
|
| General & Administrative Expenses |
$108.22 M
|
$89.52 M
|
$83.16 M
|
$77.88 M
|
$65.13 M
|
$54.00 M
|
$53.36 M
|
$50.52 M
|
$47.76 M
|
$46.53 M
|
| Selling & Marketing Expenses |
$211.01 M
|
$164.57 M
|
$156.08 M
|
$140.76 M
|
$125.89 M
|
$100.11 M
|
$101.70 M
|
$93.04 M
|
$96.35 M
|
$121.50 M
|
| Selling, General & Administrative Expenses |
$319.23 M
|
$254.09 M
|
$239.23 M
|
$218.64 M
|
$191.02 M
|
$154.12 M
|
$155.06 M
|
$143.56 M
|
$144.10 M
|
$168.03 M
|
| Other Expenses |
$125.47 M
|
$98.49 M
|
$85.71 M
|
$42.18 M
|
$42.41 M
|
$29.59 M
|
$22.26 M
|
$13.24 M
|
$13.04 M
|
$12.74 M
|
| Operating Expenses |
$636.96 M
|
$498.92 M
|
$457.34 M
|
$375.39 M
|
$336.76 M
|
$272.31 M
|
$265.89 M
|
$236.54 M
|
$238.84 M
|
$269.36 M
|
| Cost And Expenses |
$824.54 M
|
$629.41 M
|
$583.92 M
|
$469.88 M
|
$415.21 M
|
$334.42 M
|
$341.13 M
|
$303.51 M
|
$308.00 M
|
$335.07 M
|
| Interest Income |
$1.76 M
|
$4.73 M
|
$2.54 M
|
$1.41 M
|
$777.00 K
|
$1.50 M
|
$1.14 M
|
$1.22 M
|
$921.00 K
|
$839.00 K
|
| Interest Expense |
$70.85 M
|
$32.01 M
|
$30.78 M
|
$15.79 M
|
$20.05 M
|
$10.17 M
|
$9.91 M
|
$5.15 M
|
$4.63 M
|
$4.18 M
|
| Depreciation & Amortization |
$6.23 M
|
$103.04 M
|
$103.15 M
|
$74.73 M
|
$52.98 M
|
$34.77 M
|
$56.68 M
|
$44.50 M
|
$42.90 M
|
$39.32 M
|
| EBITDA |
$159.52 M |
$229.32 M |
$213.58 M |
$207.78 M |
$168.56 M |
$141.57 M |
$95.09 M |
$110.45 M |
$99.99 M |
$8.22 M |
| EBITDA Ratio |
0.16
|
0.3
|
0.31
|
0.35
|
0.32
|
0.32
|
0.23
|
0.28
|
0.25
|
0.02
|
| Operating Income Ratio |
0.16
|
0.16
|
0.16
|
0.22
|
0.22
|
0.24
|
0.1
|
0.17
|
0.14
|
-0.07
|
| Total Other Income/Expenses Net |
-$71.66 M
|
-$29.74 M
|
-$30.87 M
|
-$14.88 M
|
-$20.57 M
|
-$11.09 M
|
-$11.59 M
|
-$7.02 M
|
-$5.03 M
|
-$5.57 M
|
| Income Before Tax |
$81.63 M
|
$94.26 M
|
$79.66 M
|
$117.26 M
|
$95.53 M
|
$96.64 M
|
$28.50 M
|
$60.80 M
|
$52.46 M
|
-$35.28 M
|
| Income Before Tax Ratio |
0.08
|
0.13
|
0.11
|
0.19
|
0.18
|
0.22
|
0.07
|
0.15
|
0.13
|
-0.09
|
| Income Tax Expense |
$8.50 M
|
$25.83 M
|
$9.46 M
|
$22.19 M
|
$17.11 M
|
$16.91 M
|
$2.10 M
|
$15.49 M
|
$28.17 M
|
$20.45 M
|
| Net Income |
$73.13 M
|
$68.44 M
|
$70.20 M
|
$95.07 M
|
$78.42 M
|
$79.72 M
|
$26.40 M
|
$63.49 M
|
$37.42 M
|
-$55.73 M
|
| Net Income Ratio |
0.07
|
0.09
|
0.1
|
0.16
|
0.15
|
0.18
|
0.06
|
0.16
|
0.09
|
-0.14
|
| EPS |
1.7 |
1.58 |
1.62 |
2.19 |
1.79 |
1.78 |
0.59 |
1.39 |
0.78 |
-1.13 |
| EPS Diluted |
1.66 |
1.54 |
1.57 |
2.15 |
1.76 |
1.76 |
0.58 |
1.38 |
0.77 |
-1.13 |
| Weighted Average Shares Out |
$43.00 M
|
$43.27 M
|
$43.46 M
|
$43.48 M
|
$43.92 M
|
$44.89 M
|
$44.79 M
|
$45.56 M
|
$48.13 M
|
$49.32 M
|
| Weighted Average Shares Out Diluted |
$44.02 M
|
$44.43 M
|
$44.66 M
|
$44.25 M
|
$44.62 M
|
$45.32 M
|
$45.34 M
|
$46.14 M
|
$48.52 M
|
$49.48 M
|
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