Progress Software FY SaaS revenue surges to USD 287.9 million, up over sixfold

Reuters01-21 05:13

Progress Software FY SaaS revenue surges to USD 287.9 million, up over sixfold

Progress Software Corporation reported its financial results for the fiscal year ended November 30, 2025. Software licenses revenue totaled USD 237.9 million for the period. Software licenses accounted for 24 percent of total revenue. The company noted a 5 percent decrease in software licenses revenue, primarily due to the timing of multi-year subscription renewals in its DataDirect product offering. Maintenance, SaaS, and professional services revenue figures were not specified in the released data.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Progress Software Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000876167-26-000008), on January 20, 2026, and is solely responsible for the information contained therein.

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