Progress Software Progress Software is a provider of AI-powered digital experience and infrastructure software. | |||
Founding Date | Founding Date 1981 | Founding Date 1999 | Founding Date 2003 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations San Francisco, US HQ Buenos Aires, AR Pilar Centro, AR Adelaide, AU Barton, AU Melbourne, AU Melbourne, AU see more | ||
Employees | Employees 2,801 | Employees 83,3349% increase | Employees 8,8407% decrease |
Valuation ($) | Valuation ($) 2.8 b | Valuation ($) 257.1 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $977.8m (FY, 2025) | Revenue (est.) $41.5b (FY, 2026) | Revenue (est.) $3.7b (FY, 2023) |
Cost of goods | Cost of goods $187.6m (FY, 2025) | Cost of goods $9.3b (FY, 2026) | Cost of goods $816m (FY, 2023) |
Gross profit | Gross profit $790.3m (FY, 2025) | Gross profit $32.3b (FY, 2026) | Gross profit $2.8b (FY, 2023) |
Net income | Net income $73.1m (FY, 2025) | Net income $7.5b (FY, 2026) | Net income ($277.9m) (FY, 2023) |
Operating ⚠ | |||
Remaining Performance Obligations | Remaining Performance Obligations $592.3m (Q3, 2025) | Remaining Performance Obligations $59.9b (Q2, 2026) | Remaining Performance Obligations N/A |
Funding | |||
Total funding raised | Total funding raised $ 14.1m | Total funding raised $ 2.6b | Total funding raised $ 2.4b |
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