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Progress Software (PRGS) Revenue & Revenue Breakdown

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Progress Software Revenue Highlights

Latest Revenue (Y)

$977.83M

Latest Revenue (Q)

$249.79M

Main Segment (Y)

Maintenance and Services

Main Geography (Y)

UNITED STATES

Progress Software Revenue by Period

Progress Software Revenue by Year

DateRevenueChange
2025-11-30$977.83M29.79%
2024-11-30$753.41M8.49%
2023-11-30$694.44M15.35%
2022-11-30$602.01M13.31%
2021-11-30$531.31M20.17%
2020-11-30$442.15M6.98%
2019-11-30$413.30M4.06%
2018-11-30$397.17M-0.10%
2017-11-30$397.57M-1.92%
2016-11-30$405.34M7.36%
2015-11-30$377.55M13.54%
2014-11-30$332.53M-0.44%
2013-11-30$334.00M-0.36%
2012-11-30$335.20M-37.18%
2011-11-30$533.60M0.85%
2010-11-30$529.12M7.08%
2009-11-30$494.14M-4.16%
2008-11-30$515.56M4.47%
2007-11-30$493.50M10.39%
2006-11-30$447.06M10.28%
2005-11-30$405.38M11.78%
2004-11-30$362.66M17.34%
2003-11-30$309.06M13.16%
2002-11-30$273.12M4.25%
2001-11-30$262.00M-3.45%
2000-11-30$271.35M-5.16%
1999-11-30$286.10M19.26%
1998-11-30$239.90M27.40%
1997-11-30$188.30M6.56%
1996-11-30$176.70M-1.89%
1995-11-30$180.10M29.38%
1994-11-30$139.20M24.73%
1993-11-30$111.60M-

Progress Software generated $977.83M in revenue during NA 2025, up 29.79% compared to the previous quarter, and up 221.15% compared to the same period a year ago.

Progress Software Revenue by Quarter

DateRevenueChange
2025-08-31$249.79M5.24%
2025-05-31$237.35M-0.28%
2025-02-28$238.01M10.72%
2024-11-30$214.96M20.30%
2024-08-31$178.69M2.06%
2024-05-31$175.08M-5.20%
2024-02-29$184.69M4.36%
2023-11-30$176.97M1.13%
2023-08-31$174.99M-1.83%
2023-05-31$178.25M8.54%
2023-02-28$164.23M4.52%
2022-11-30$157.13M3.91%
2022-08-31$151.22M1.66%
2022-05-31$148.75M2.64%
2022-02-28$144.92M3.42%
2021-11-30$140.13M-4.94%
2021-08-31$147.42M20.35%
2021-05-31$122.49M1.00%
2021-02-28$121.28M-0.90%
2020-11-30$122.39M11.56%
2020-08-31$109.70M9.28%
2020-05-31$100.38M-8.48%
2020-02-29$109.68M-6.28%
2019-11-30$117.04M9.67%
2019-08-31$106.72M6.72%
2019-05-31$100.00M11.67%
2019-02-28$89.55M-19.57%
2018-11-30$111.33M16.36%
2018-08-31$95.68M-0.44%
2018-05-31$96.10M2.19%
2018-02-28$94.05M-18.98%
2017-11-30$116.08M19.29%
2017-08-31$97.31M4.40%
2017-05-31$93.21M2.47%
2017-02-28$90.97M-22.73%
2016-11-30$117.72M15.40%
2016-08-31$102.02M6.14%
2016-05-31$96.12M7.42%
2016-02-29$89.48M-20.62%
2015-11-30$112.72M19.11%
2015-08-31$94.64M6.55%
2015-05-31$88.82M9.14%
2015-02-28$81.38M-16.87%
2014-11-30$97.89M23.49%
2014-08-31$79.27M-1.92%
2014-05-31$80.83M8.44%
2014-02-28$74.54M-18.07%
2013-11-30$90.98M17.28%
2013-08-31$77.58M-5.05%
2013-05-31$81.70M-8.47%
2013-02-28$89.27M-2.19%
2012-11-30$91.27M-14.84%
2012-08-31$107.17M-6.48%
2012-05-31$114.60M-7.90%
2012-02-29$124.43M-8.74%
2011-11-30$136.34M6.24%
2011-08-31$128.33M-4.71%
2011-05-31$134.68M0.33%
2011-02-28$134.24M-7.54%
2010-11-30$145.18M12.77%
2010-08-31$128.74M0.85%
2010-05-31$127.66M0.09%
2010-02-28$127.55M-6.76%
2009-11-30$136.80M14.54%
2009-08-31$119.43M2.04%
2009-05-31$117.05M-3.15%
2009-02-28$120.86M-13.32%
2008-11-30$139.43M10.12%
2008-08-31$126.62M-1.03%
2008-05-31$127.94M5.24%
2008-02-29$121.57M-

Progress Software generated $249.79M in revenue during Q3 2025, up 5.24% compared to the previous quarter, and up 142.68% compared to the same period a year ago.

Progress Software Revenue Breakdown

Progress Software Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceNov 25Nov 24Nov 23Nov 22Nov 21
Software Licenses$237.89M$249.33M$220.79M--
Maintenance and Services$739.94M$504.08M$473.65M$413.68M$374.72M

Progress Software's latest annual revenue breakdown by segment (product or service), as of Nov 25: Maintenance and Services (75.67%), and Software Licenses (24.33%).

Quarterly Revenue by Product

Product/ServiceNov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21
Software Licenses$65.21M$63.44M$50.80M$58.45M$73.40M$57.85M$53.98M$64.10M$170.25M$50.54M----------
Maintenance and Services$187.46M$186.36M$186.56M$179.57M$141.56M$120.84M$121.10M$120.58M$120.70M$124.45M$121.84M$106.66M$103.97M$103.60M$103.93M$102.17M$98.89M$95.49M$92.38M$87.96M

Progress Software's latest quarterly revenue breakdown by segment (product or service), as of Nov 25: Maintenance and Services (74.19%), and Software Licenses (25.81%).

Progress Software Revenue Breakdown by Country

Annual Revenue by Country

CountryNov 25Nov 24Nov 23Nov 22Nov 21
CANADA$28.43M$25.11M$31.00M$30.24M$22.87M
EMEA$280.91M$245.29M$222.86M$207.71M$169.34M
Latin America$21.67M$20.30M$21.11M$18.05M$17.04M
UNITED STATES$595.34M$421.89M$380.67M$310.92M$294.95M
Asia Pacific$51.49M$40.82M$38.80M$35.10M$27.13M

Progress Software's latest annual revenue breakdown by geography, as of Nov 25: UNITED STATES (60.88%), EMEA (28.73%), Asia Pacific (5.27%), CANADA (2.91%), and Latin America (2.22%).

Quarterly Revenue by Country

CountryNov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21
Asia Pacific$16.15M$11.83M$12.14M$11.37M$9.21M$11.92M$10.04M$9.65M$9.47M$9.97M$11.54M$7.80M$7.67M$9.14M$9.04M$9.24M$7.53M$7.24M$6.32M$6.04M
Latin America$5.54M$6.22M$4.85M$5.05M$5.67M$5.36M$4.60M$4.67M$5.82M$6.32M$4.79M$4.19M$4.92M$4.58M$4.68M$3.88M$4.49M$5.30M$3.75M$3.49M
EMEA$72.59M$68.34M$73.04M$66.94M$67.63M$57.03M$57.54M$63.09M$56.49M$56.78M$56.19M$53.41M$51.70M$52.67M$49.63M$53.70M$46.77M$41.00M$41.32M$40.24M
North America-$163.40M$147.33M$154.65M$104.37M$102.90M$107.28M$101.92M$105.73M$98.83M$84.83M$85.39M$78.09M$93.88M$71.09M$71.50M----

Progress Software's latest quarterly revenue breakdown by geography, as of Nov 25: EMEA (76.99%), Asia Pacific (17.13%), and Latin America (5.88%).

Progress Software Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$845.49B$228.59M
PLUSePlus$2.23B-
PRGSProgress Software$977.83M$249.79M
LSPDLightspeed Commerce$905.28M$229.19M
NTCTNetScout Systems$822.68M$186.75M
CXMSprinklr$796.39M$219.07M
DVDoubleVerify$656.85M$188.62M
JAMFJamf$627.40M$183.49M
PRCHPorch Group$437.85M$118.08M
ADEAAdeia$376.02M$87.34M

PRGS Revenue FAQ

What is Progress Software’s yearly revenue?

Progress Software's yearly revenue for 2025 was $977.83M, representing an increase of 29.79% compared to 2024. The company's yearly revenue for 2024 was $753.41M, representing an increase of 8.49% compared to 2023. PRGS's yearly revenue for 2023 was $694.44M, representing an increase of 15.35% compared to 2022.

What is Progress Software’s quarterly revenue?

Progress Software's quarterly revenue for Q3 2025 was $249.8M, a 5.24% increase from the previous quarter (Q2 2025), and a 39.80% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $237.36M, a -0.28% decrease from the previous quarter (Q1 2025), and a 35.57% increase year-over-year (Q2 2024). PRGS's quarterly revenue for Q1 2025 was $238.02M, a 10.72% increase from the previous quarter (Q4 2024), and a 28.88% increase year-over-year (Q1 2024).

What is Progress Software’s revenue growth rate?

Progress Software's revenue growth rate for the last 3 years (2023-2025) was 40.81%, and for the last 5 years (2021-2025) was 84.04%.

What are Progress Software’s revenue streams?

Progress Software's revenue streams in v 25 are Software Licenses, and Maintenance and Services. Software Licenses generated $237.89M in revenue, accounting 24.33% of the company's total revenue, down -4.59% year-over-year. Maintenance and Services generated $739.94M in revenue, accounting 75.67% of the company's total revenue, up 46.79% year-over-year.

What is Progress Software’s main source of revenue?

For the fiscal year ending Nov 25, the largest source of revenue of Progress Software was Maintenance and Services. This segment made a revenue of $739.94M, representing 75.67% of the company's total revenue.