Craft

Progress Software

Stock Price

$65.1

2024-10-29

Market Capitalization

$2.8 B

2024-10-29

Revenue

$977.8 M

FY, 2025

Progress Software Summary

Company Summary

Overview
Progress Software is a provider of AI-powered digital experience and infrastructure software. Its products include Chef, an automation software for compliance and delivery of applications and infrastructure; Flowmon, a network observability platform with AI-powered detection for cyber threats; DataDirect Connectors, a tool for pre-built cloud and on-premises data connectivity solutions; etc. The company also provides training, consulting, and outsourcing services.
Type
Public
Status
Active
Founded
1981
HQ
Burlington, MA, US | view all locations
Website
https://www.progress.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Yogesh Gupta

    Yogesh Gupta, Chief Executive Officer, Director

    • Anthony Folger

      Anthony Folger, Chief Financial Officer

      • Ian Pitt

        Ian Pitt, Chief Information Officer

        • YuFan Stephanie Wang

          YuFan Stephanie Wang, Chief Legal Officer and Secretary

        Operating MetricsView all

        Remaining Performance Obligations

        $592.3M
        71.2%

        Q3, 2025

        ARR

        $849M
        45.9%

        Q3, 2025

        Product Categories

        13
        8.3%

        FY, 2024

        LocationsView all

        32 locations detected

        • Burlington, MA HQ

          United States

          15 Wayside Rd, Suite 400

        • Alpharetta, GA

          United States

          100 North Point Center E #560

        • Morrisville, NC

          United States

          3005 Carrington Mill Blvd #400

        • Redwood City, CA

          United States

          333 Twin Dolphin Dr Suite 380

        • Melbourne, VIC

          Australia

          19/181 William St

        • Wien, Wien

          Austria

          Beethovengasse 8/009

        and 26 others

        Progress Software Financials

        Summary Financials

        Revenue (Q1, 2026)
        $247.8M
        Gross profit (Q1, 2026)
        $203.9M
        Net income (Q1, 2026)
        $22.8M
        Cash (Q1, 2026)
        $113.2M
        EBIT (Q1, 2026)
        $46.5M
        Enterprise value
        $4.1B

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