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Revenue by Segment
Breaks down revenue by business unit, revealing which segments drive growth and profitability, and where strategic focus may be needed.
Progress Software's revenue from Software Licenses and Maintenance has shown resilience, with notable growth in recent quarters. However, Services revenue has experienced volatility, peaking in late 2024 before declining. The introduction of SaaS in 2025 has been a game-changer, contributing significantly to revenue. The latest earnings call highlights robust financial performance and a 47% ARR growth, driven by AI-integrated products and successful ShareFile integration. Despite challenges in integration and flat net retention rates, the company's strategic focus on AI and disciplined capital allocation positions it well for future growth.
PRGS Revenue by Segment
| Date | Services | Software Licenses | Maintenance | SaaS |
|---|---|---|---|---|
| Aug 31, 2025 | $10.00M | $64.44M | $104.85M | $71.51M |
| May 31, 2025 | $10.96M | $50.80M | $103.49M | $72.11M |
| Feb 28, 2025 | $10.63M | $58.45M | $99.53M | $69.41M |
| Nov 30, 2024 | $38.62M | $73.40M | $102.94M | $0.00 |
| Aug 31, 2024 | $17.75M | $57.85M | $103.09M | $0.00 |
| May 31, 2024 | $18.59M | $53.98M | $102.50M | $0.00 |
| Feb 28, 2024 | $18.56M | $64.10M | $102.03M | $0.00 |
| Nov 30, 2023 | $19.12M | $56.27M | $101.58M | $0.00 |
| Aug 31, 2023 | $19.28M | $50.54M | $105.16M | $0.00 |
| May 31, 2023 | $19.60M | $56.41M | $102.24M | $0.00 |
| Feb 28, 2023 | $14.14M | $57.57M | $92.51M | $0.00 |
| Nov 30, 2022 | $13.97M | $53.15M | $90.00M | $0.00 |
| Aug 31, 2022 | $12.56M | $47.62M | $91.04M | $0.00 |
| May 31, 2022 | $12.60M | $44.81M | $91.33M | $0.00 |
| Feb 28, 2022 | $12.21M | $42.75M | $89.96M | $0.00 |
| Nov 30, 2021 | $12.95M | $41.24M | $85.94M | $0.00 |
| Aug 31, 2021 | $12.61M | $51.93M | $82.88M | $0.00 |
| May 31, 2021 | $12.31M | $30.11M | $80.07M | $0.00 |
| Feb 28, 2021 | $10.99M | $33.32M | $76.98M | $0.00 |