Progress Software Corp.
- PRGS ยท Nasdaq
- Services-Prepackaged Software
- Burlington, MA
- 2,801 employees
- CIK 0000876167
Updated from SEC filings through
Top things to know
Executives
-
Yogesh K. Gupta Chief Executive Officer 4, 2026-04-03 -
Anthony Folger Chief Financial Officer 4, 2026-08-18 - Yufan Stephanie Wang Chief Legal Officer 4, 2026-05-20
- Domenic LoCoco Chief Accounting Officer 4, 2026-04-03
- Ian Pitt Chief Information Officer 4, 2025-10-07
- Loren Jarrett EVP/GM Digital Experience 4, 2026-07-30
What leadership is saying
“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”
Earnings press release (8-K Ex. 99.1), filed September 30, 2026
Progress Software Corp is a U.S. public company in services-prepackaged software (SIC 7372), headquartered in Burlington, MA. It trades as PRGS on Nasdaq. Revenue was $978M in the fiscal year ending November 30, 2025, +29.8% from the year before. It reported about 2,801 employees. Yogesh K. Gupta is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $978M 10-K, 2026-01-20 | $753M 10-K, 2026-01-20 | $694M 10-K, 2026-01-20 | $602M 10-K, 2025-01-21 | $531M 10-K, 2024-01-26 |
| Operating income | $153M 10-K, 2026-01-20 | $124M 10-K, 2026-01-20 | $111M 10-K, 2026-01-20 | $132M 10-K, 2025-01-21 | $116M 10-K, 2024-01-26 |
| SG&A | $319M 10-K, 2026-01-20 | $254M 10-K, 2026-01-20 | $239M 10-K, 2026-01-20 | $219M 10-K, 2025-01-21 | $191M 10-K, 2024-01-26 |
| Net income | $73.1M 10-K, 2026-01-20 | $68.4M 10-K, 2026-01-20 | $70.2M 10-K, 2026-01-20 | $95.1M 10-K, 2025-01-21 | $78.4M 10-K, 2024-01-26 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Yogesh K. Gupta | Chief Executive Officer | 4, 2026-04-03 |
| Anthony Folger | Chief Financial Officer | 4, 2026-08-18 |
| Yufan Stephanie Wang | Chief Legal Officer | 4, 2026-05-20 |
| Domenic LoCoco SVP Finance, Chief Accounting Officer (CAO) at Progress | Chief Accounting Officer | 4, 2026-04-03 |
| Ian Pitt | Chief Information Officer | 4, 2025-10-07 |
| Loren Jarrett EVP & General Manager at Progress | EVP/GM Digital Experience | 4, 2026-07-30 |
| Sundar Subramanian EVP & General Manager at Progress Software | EVP/GM Infrastructure Mgmt | 4, 2026-07-06 |
| John Ainsworth | EVP/GM App & Data Platform | 4, 2026-04-03 |
| Vivian M. Vitale, NACD.DC | Board member (per proxy) bio: Principal, Vivian Vitale Consulting, LLC | DEF 14A, 2026-03-25 |
| John R. Egan | Non-Executive Chairman | 10-K, 2026-01-20 |
| Angela Tucci | Director | 10-K, 2026-01-20 |
| Charles F. Kane | Director | 10-K, 2026-01-20 |
| David A. Krall | Director | 10-K, 2026-01-20 |
| Paul T. Dacier | Director | 10-K, 2026-01-20 |
| Rainer Gawlick | Director | 10-K, 2026-01-20 |
| Samskriti King | Director | 10-K, 2026-01-20 |
What Progress Software Corp does
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.
Item 1. Business, 10-K for the year ending November 30, 2025
Shares and governance
| Shares outstanding | 40.9 million (as of September 28, 2026) | 10-Q, September 30, 2026 |
|---|---|---|
| Public float | $2.6B (as of May 31, 2025) | 10-K, January 20, 2026 |
| Reportable segments | 1 (period ending August 31, 2026) | 10-Q, September 30, 2026 |
| Latest proxy statement | Meeting May 7, 2026 (filed March 25, 2026) | DEF 14A, March 25, 2026 |
| Auditor | Deloitte & Touche LLP (Boston, Massachusetts) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 21, 2026 | Loren Jarrett EVP/GM Digital Experience | Sale | 2,086 | $91K | Form 4, October 22, 2026 |
| October 16, 2026 | Anthony Folger Chief Financial Officer | Sale | 3,067 | $124K | Form 4, October 20, 2026 |
| October 5, 2026 | Yufan Stephanie Wang Chief Legal Officer | Sale | 1,245 | $46K | Form 4, October 7, 2026 |
| August 14, 2026 | Anthony Folger Chief Financial Officer | Sale | 2,000 | $90K | Form 4, August 18, 2026 |
| July 29, 2026 | Loren Jarrett EVP/GM Digital Experience | Sale | 11,747 | $489K | Form 4, July 30, 2026 |
| July 1, 2026 | Sundar Subramanian EVP/GM Infrastructure Mgmt | Sale | 10,597 | $406K | Form 4, July 6, 2026 |
| May 19, 2026 | Anthony Folger Chief Financial Officer | Sale | 4,474 | $130K | Form 4, May 20, 2026 |
| May 18, 2026 | Yufan Stephanie Wang Chief Legal Officer | Sale | 5,019 | $145K | Form 4, May 20, 2026 |
Recent 8-K events
- 8-K filed 2026-09-30
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-22
- Item 2.01 Completion of acquisition or disposition of assets
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-22
- 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
- 8-K filed 2026-06-30
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-05-11
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-03-30
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-01-20
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-09-29
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-07-22
- 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
- 8-K filed 2025-06-30
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Progress Software Corp
- What does Progress Software Corp do?
- In its own words, from Item 1 of its 10-K: "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."
- What is Progress Software Corp's revenue?
- $978M for the fiscal year ending November 30, 2025, from its 10-K filed January 20, 2026.
- Is Progress Software Corp profitable?
- Progress Software Corp reported net income of $73.1M for the fiscal year ending November 30, 2025.
- How many employees does Progress Software Corp have?
- About 2,801 as of November 30, 2025, as stated in its annual report.
- Who is the CEO of Progress Software Corp?
- Yogesh K. Gupta, Chief Executive Officer, as named in a 4 filed April 3, 2026.
- Who is the CFO of Progress Software Corp?
- Anthony Folger, Chief Financial Officer, as named in a 4 filed August 18, 2026.
- Where is Progress Software Corp headquartered?
- Burlington, MA.
- What is Progress Software Corp's stock ticker?
- PRGS on Nasdaq.
- What industry is Progress Software Corp in?
- Services-Prepackaged Software, SIC code 7372.
- What is Progress Software Corp's website?
- progress.com.
- When does Progress Software Corp report earnings next?
- December 31, 2026. Source: estimate_8k_pattern.
- Is Progress Software Corp a public company?
- Yes. Progress Software Corp files with the SEC under CIK 0000876167 and trades as PRGS.
- Who audits Progress Software Corp?
- Deloitte & Touche LLP, Boston, Massachusetts, as named in its latest annual report (10-K).
- How many shares of Progress Software Corp are outstanding?
- 40.9 million shares as of September 28, 2026, from its 10-Q filed September 30, 2026.
- What is Progress Software Corp's public float?
- $2.6B as of May 31, 2025, as reported on the cover of its 10-K filed January 20, 2026.
- How many business segments does Progress Software Corp report?
- 1 reportable segment for the period ending August 31, 2026, from its 10-Q filed September 30, 2026.
- When is Progress Software Corp's annual shareholder meeting?
- May 7, 2026, per its proxy statement (DEF 14A) filed March 25, 2026.
- Have Progress Software Corp insiders traded stock recently?
- Since June 30, 2025, officers and directors reported 17 open-market sales worth about $3.5M and 3 purchases worth about $428K on Forms 4 and 5. The most recent: Loren Jarrett (EVP/GM Digital Experience) sold 2,086 shares on October 21, 2026.