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Progress Software (PRGS) Annual Income Statement

Annual · GAAP · USD millions
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From Progress Software through Nov 30 2021, changes in Nov 30 2025's revenue and cost structure provide insight into profitability trends.
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Annual Report, GAAP in USD millions
ITEM 		(Nov 30 2025)
2025 		(Nov 30 2024) (Nov 30 2023) (Nov 30 2022) (Nov 30 2021)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax977.83
Total Revenue977.25
Costs & Expenses
Cost of Goods and Services Sold187.00
Gross Profit790.25
Selling, Administration, Marketing211.01
Research and Development Expense, Software (Excluding Acquired in Process Cost)192.27
Restructuring, Accretion & Impairment Charges18.43
Other Operating Expense / -Income108.22
Total operating costs including COS823.96
Operating income / -loss153.29
Interest Expense0.00
Net Interest Expense / -Income0.00
Foreign Currency Transaction Gain (Loss), before Tax2.57
Other loss / -income-1.76
Total costs & expenses895.62
Income & Taxes
Income / -loss before income taxes81.63
Income taxes expenses / -benefit8.50
Income after income taxes73.13
Net income / -loss of other equity0.00
Income / -loss from continuing operations73.13
Net income / -loss73.13
Income / -loss to shareholder73.13
EBIT81.63
EBITD87.86
EBITDA93.69
Earnings Per Share
Basic EPS (excl. extra items)1.70
Basic Net EPS1.70
Basic shares outstanding (Mill. of Units)43.00
Diluted Net EPS1.66
Diluted average shares (Mill. of Units)44.02
Dividend per share0.02
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About Progress Software Corp ma Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: January 20, 2026
  • Original filing: prgs-20251130.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.