Craft

Progress

Stock Price

$49.9

2024-06-04

Market Capitalization

$2.2 B

2024-06-04

Revenue

$694.4 M

FY, 2023

Progress Summary

Company Summary

Overview
Progress Software is a company that provides software products to develop, deploy, and manage business applications. It offers digital experience, infrastructure management and operations solutions, user experience and user interface tools, 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

  • Katie Kulikoski

    Katie Kulikoski, Chief People Officer

  • Anthony Folger

    Anthony Folger, Chief Financial Officer

  • Ian Pitt

    Ian Pitt, Chief Information Officer

Operating MetricsView all

Enterprise Customers

100K

Q3, 2021

Remaining Performance Obligations

$296M

FY, 2023

Developers

3.5M
16.7%

Q3, 2022

LocationsView all

32 locations detected

  • Burlington, MA HQ

    United States

    15 Wayside Rd #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 Financials

Summary Financials

Revenue (Q1, 2024)
$184.7M
Gross profit (Q1, 2024)
$151.9M
Net income (Q1, 2024)
$22.6M
Cash (Q1, 2024)
$133.2M
EBIT (Q1, 2024)
$35.0M
Enterprise value
$2.7B

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