# Progress Software Corp (PRGS)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/progress-software-corp/ JSON: https://steadybase.io/company/progress-software-corp.json Checked Nov 10, 2026. Latest filing read: Sep 30, 2026.

## Company

- Legal name: PROGRESS SOFTWARE CORP /MA
- Ticker: PRGS (Nasdaq)
- SEC CIK: 0000876167
- Industry: Services-Prepackaged Software (SIC 7372)
- Headquarters: Burlington, MA
- Fiscal year ends: November 30
- SEC filer category: Large accelerated filer
- Website: progress.com
- LinkedIn: https://www.linkedin.com/company/progress-software
- Next earnings date: Dec 31, 2026 (estimated from past 8-K timing)

## Key facts

- Revenue: $977.8M for the fiscal year ended Nov 30, 2025 (10-K filed Jan 20, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.html
- Operating income: $153.3M for the fiscal year ended Nov 30, 2025 (10-K filed Jan 20, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.html
- Net income: $73.1M for the fiscal year ended Nov 30, 2025 (10-K filed Jan 20, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.html
- SG&A: $319.2M for the fiscal year ended Nov 30, 2025 (10-K filed Jan 20, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/0000876167-26-000008-index.html
- Employees: 2,801 as of Nov 30, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Shares outstanding: 40,874,192 as of Sep 28, 2026 (10-Q filed Sep 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000111/0000876167-26-000111-index.html
- Auditor: Deloitte & Touche LLP, Boston, Massachusetts, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm

## Business

Progress Software Corporation ("Progress," the "Company," "we," "us," or "our") provides software products that enable our customers to develop, deploy, and manage responsible AI-powered applications and digital experiences with agility and ease. We operate in North America, Latin America, Europe, the Middle East and Africa ("EMEA"), and Asia and Australia ("Asia Pacific"), through local subsidiaries as well as independent distributors.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Nov 30, 2025 | $977.8M | $153.3M | $73.1M | $319.2M |
| Nov 30, 2024 | $753.4M | $124.0M | $68.4M | $254.1M |
| Nov 30, 2023 | $694.4M | $110.5M | $70.2M | $239.2M |
| Nov 30, 2022 | $602.0M | $132.1M | $95.1M | $218.6M |
| Nov 30, 2021 | $531.3M | $116.1M | $78.4M | $191.0M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/progress-software-corp.json

## Officers and directors

- Yogesh K. Gupta, Chief Executive Officer. LinkedIn: https://linkedin.com/in/ygupta. Source: Form 4 filed Apr 3, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000063/0000876167-26-000063-index.htm
- Anthony Folger, Chief Financial Officer. Source: Form 4 filed Aug 18, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000102/0000876167-26-000102-index.htm
- Loren Jarrett, EVP/GM Digital Experience. LinkedIn: https://linkedin.com/in/loren-jarrett. Source: Form 4 filed Jul 30, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000100/0000876167-26-000100-index.htm
- Sundar Subramanian, EVP/GM Infrastructure Mgmt. LinkedIn: https://linkedin.com/in/sundarsubramanian. Source: Form 4 filed Jul 6, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000097/0000876167-26-000097-index.htm
- Yufan Stephanie Wang, Chief Legal Officer. Source: Form 4 filed May 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000067/0000876167-26-000067-index.htm
- Domenic LoCoco, Chief Accounting Officer. LinkedIn: https://linkedin.com/in/domenic-lococo-b782361. Source: Form 4 filed Apr 3, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000060/0000876167-26-000060-index.htm
- John Ainsworth, EVP/GM App & Data Platform. LinkedIn: https://linkedin.com/in/ainsworth-cpo. Source: Form 4 filed Apr 3, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000065/0000876167-26-000065-index.htm
- Ian Pitt, Chief Information Officer. Source: Form 4 filed Oct 7, 2025, https://www.sec.gov/Archives/edgar/data/876167/000087616725000173/0000876167-25-000173-index.htm
- John R. Egan, Non-Executive Chairman. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Angela Tucci, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Charles F. Kane, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- David A. Krall, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Paul T. Dacier, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Rainer Gawlick, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Samskriti King, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Vivian Vitale, Director. Source: 10-K filed Jan 20, 2026, https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- Vivian M. Vitale, NACD.DC, Board member (per proxy). Source: DEF 14A filed Mar 25, 2026, https://www.sec.gov/Archives/edgar/data/876167/000155278126000161/e26037_prgs-def14a.htm

## Recent 8-K events

- Sep 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/prgs-20260930.htm
- Sep 22, 2026: Item 2.01, Completion of acquisition or disposition of assets; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000155278126000497/e26389_prgs-8k.htm
- Jul 22, 2026: Item 1.01, Entry into a material definitive agreement; Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000155278126000390/e26303_prgs-8k.htm
- Jun 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000077/prgs-20260630.htm
- May 11, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/876167/000155278126000319/e26246_prgs-8k.htm
- Mar 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000050/prgs-20260330.htm
- Jan 20, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000007/prgs-20260120.htm
- Sep 29, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000142/prgs-20250929.htm
- Jul 22, 2025: Item 1.01, Entry into a material definitive agreement; Item 1.02, Termination of a material definitive agreement; Item 2.03, Creation of a direct financial obligation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000155278125000224/e25263_prgs-8k.htm
- Jun 30, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000084/prgs-20250630.htm

## Insider trades (Form 4)

- Oct 21, 2026: Loren Jarrett (EVP/GM Digital Experience) sold 2,086 shares, about $90,678. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000131/0000876167-26-000131-index.htm
- Oct 16, 2026: Anthony Folger (Chief Financial Officer) sold 3,067 shares, about $123,776. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000129/0000876167-26-000129-index.htm
- Oct 5, 2026: Yufan Stephanie Wang (Chief Legal Officer) sold 1,245 shares, about $46,065. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000127/0000876167-26-000127-index.htm
- Aug 14, 2026: Anthony Folger (Chief Financial Officer) sold 2,000 shares, about $89,600. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000102/0000876167-26-000102-index.htm
- Jul 29, 2026: Loren Jarrett (EVP/GM Digital Experience) sold 11,747 shares, about $488,778. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000100/0000876167-26-000100-index.htm
- Jul 1, 2026: Sundar Subramanian (EVP/GM Infrastructure Mgmt) sold 10,597 shares, about $405,547. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000097/0000876167-26-000097-index.htm
- May 19, 2026: Anthony Folger (Chief Financial Officer) sold 4,474 shares, about $130,334. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000069/0000876167-26-000069-index.htm
- May 18, 2026: Yufan Stephanie Wang (Chief Legal Officer) sold 5,019 shares, about $144,852. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000067/0000876167-26-000067-index.htm
- Mar 11, 2026: Sundar Subramanian (EVP/GM Infrastructure Mgmt) sold 23,194 shares, about $874,260. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000042/0000876167-26-000042-index.htm
- Feb 3, 2026: Anthony Folger (Chief Financial Officer) sold 6,000 shares, about $240,014. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000035/0000876167-26-000035-index.htm
- Jan 26, 2026: Sundar Subramanian (EVP/GM Infrastructure Mgmt) sold 1,352 shares, about $57,284. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000028/0000876167-26-000028-index.htm
- Oct 6, 2025: Ian Pitt (Chief Information Officer) sold 409 shares, about $18,896. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000173/0000876167-25-000173-index.htm
- Oct 3, 2025: Yufan Stephanie Wang (Chief Legal Officer) sold 1,428 shares, about $66,059. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000171/0000876167-25-000171-index.htm
- Oct 3, 2025: Anthony Folger (Chief Financial Officer) sold 5,474 shares, about $254,354. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000170/0000876167-25-000170-index.htm
- Aug 12, 2025: Rainer Gawlick (Director) bought 1,710 shares, about $74,351. Source: https://www.sec.gov/Archives/edgar/data/876167/000087616725000136/0000876167-25-000136-index.htm

## What management said

- "This quarter's results reflect the strength of our strategy, the resilience of our business model, and the value our differentiated software portfolio delivers to customers worldwide" Yogesh Gupta, CEO of Progress Software (8-K filed Sep 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/exhibit991-q32026earningsr.htm
- "Our execution in the third quarter was very strong with year-over-year growth in ARR and adjusted free cash flow of more than 1% and 17%, respectively. In addition, we delivered a non-GAAP operating margin of 43%. All of this is a testament to the stability and durability of our business and the efficiency of our operating model. With the acquisition of Domo's AI and data platform business now closed, we look forward to integrating Domo and continuing to deliver on our Total " Anthony Folger, Progress CFO (8-K filed Sep 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/exhibit991-q32026earningsr.htm

## Latest filings

- 8-K filed Sep 30, 2026: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/prgs-20260930.htm
- 10-K filed Jan 20, 2026: https://www.sec.gov/Archives/edgar/data/876167/000087616726000008/prgs-20251130.htm
- 10-Q filed Sep 30, 2026: https://www.sec.gov/Archives/edgar/data/876167/000087616726000111/prgs-20260831.htm
- DEF 14A filed Mar 25, 2026: https://www.sec.gov/Archives/edgar/data/876167/000155278126000161/e26037_prgs-def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/