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Progress Software Corp. (PRGS)
NASDAQ:PRGS
US Market
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Progress Software (PRGS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 20, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
1.31
Last Year’s EPS
1.33
Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Sep 29, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call for Progress Software Corporation was largely positive, with significant achievements reported in financial performance, ARR growth, and successful integration of ShareFile. The company also highlighted the impact of AI on its product offerings and customer engagement. While challenges were noted in the integration process and retention rates, these were outweighed by the positive outcomes.
Company Guidance
In the recent earnings call for Progress Software Corporation's third fiscal quarter of 2025, the company reported strong financial performance, surpassing their previous guidance across several key metrics. The notable achievements include revenues of $250 million, an operating margin of 40%, and earnings per share of $1.50, all exceeding expectations. The annualized recurring revenue (ARR) showed a significant year-over-year increase of 47%, driven by robust customer retention and demand for AI-integrated products. The company also executed strategic debt management by paying down $40 million, enhancing their financial flexibility with an increased revolver capacity to $1.5 billion. Additionally, Progress Software continued to return value to shareholders through a $15 million share repurchase, with a board-approved increase in repurchase authorization by $200 million, raising it to $242 million. As they look forward, the company expects continued demand for their AI-driven solutions, which are increasingly integrated into their product offerings, and they maintain a disciplined approach to capital allocation and M&A, particularly in the areas of application development platforms, digital experiences, and infrastructure management.
Outstanding Financial Performance
Progress Software outperformed on all metrics including revenues, earnings, cash flow, and margins. Revenues reached $250 million, surpassing guidance, with earnings at $1.50 per share, also above expectations.
Strong ARR Growth
Annualized Recurring Revenue (ARR) grew 47% year over year, indicating strong market demand and effective execution.
Successful ShareFile Integration
ShareFile integration was successful, with improved net retention rates and better than expected ARR and top-line growth.
AI-Driven Product Enhancements
Progress delivered new AI capabilities across products, enhancing customer value and driving market success. Over 3,000 customers adopted the new AI document assistant in ShareFile.

Progress Software (PRGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

PRGS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 20, 2026
2025 (Q4)
1.31 / -
1.33
Sep 29, 2025
2025 (Q3)
1.30 / 1.50
1.2619.05% (+0.24)
Jun 30, 2025
2025 (Q2)
1.30 / 1.40
1.0928.44% (+0.31)
Mar 31, 2025
2025 (Q1)
1.06 / 1.31
1.254.80% (+0.06)
Jan 21, 2025
2024 (Q4)
1.22 / 1.33
1.0230.39% (+0.31)
Sep 24, 2024
2024 (Q3)
1.14 / 1.26
1.0816.67% (+0.18)
Jun 25, 2024
2024 (Q2)
0.95 / 1.09
1.062.83% (+0.03)
Mar 26, 2024
2024 (Q1)
1.14 / 1.25
1.195.04% (+0.06)
Jan 16, 2024
2023 (Q4)
0.91 / 1.02
1.12-8.93% (-0.10)
Sep 26, 2023
2023 (Q3)
1.00 / 1.08
18.00% (+0.08)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

PRGS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 29, 2025
$42.61$43.93+3.10%
Jun 30, 2025
$63.84$55.52-13.03%
Mar 31, 2025
$51.51$57.76+12.13%
Jan 21, 2025
$63.52$57.26-9.86%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Progress Software Corp. (PRGS) report earnings?
Progress Software Corp. (PRGS) is schdueled to report earning on Jan 20, 2026, After Close (Confirmed).
    What is Progress Software Corp. (PRGS) earnings time?
    Progress Software Corp. (PRGS) earnings time is at Jan 20, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is PRGS EPS forecast?
          PRGS EPS forecast for the fiscal quarter 2025 (Q4) is 1.31.
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