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Progress Software (PRGS) Quarterly Income Statement

Quarterly · GAAP · USD millions
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From Progress Software through May 31 2025, changes in May 31 2026's revenue and cost structure provide insight into profitability trends.
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Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.
Quarterly Report, GAAP in USD millions
ITEM 		(May 31 2026)
Q2 2026 		(Feb 28 2026) (Nov 30 2025) (Aug 31 2025) (May 31 2025)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax253.47
Total Revenue253.47
Costs & Expenses
Cost of Goods and Services Sold44.87
Gross Profit208.59
Selling, Administration, Marketing86.58
Depreciation & Amortization35.10
Research and Development Expense, Software (Excluding Acquired in Process Cost)48.84
Restructuring, Accretion & Impairment Charges0.54
Other Operating Expense / -Income-73.05
Total operating costs including COS163.39
Operating income / -loss45.20
Net Interest Expense / -Income0.00
Foreign Currency Transaction Gain (Loss), before Tax-0.68
Other loss / -income0.00
Total costs & expenses224.63
Income & Taxes
Income / -loss before income taxes28.84
Income taxes expenses / -benefit7.77
Income after income taxes21.07
Net income / -loss of other equity0.00
Income / -loss from continuing operations21.07
Net income / -loss21.07
Income / -loss to shareholder21.07
EBIT28.84
EBITD30.60
EBITDA101.42
Earnings Per Share
Basic EPS (excl. extra items)0.50
Extraordinary items0.00
Basic Net EPS0.50
Basic shares outstanding (Mill. of Units)41.90
Diluted Net EPS0.50
Diluted average shares (Mill. of Units)42.31
Dividend per share0.00
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About Progress Software Corp Ma Quarterly 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-Q 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-Q filings
  • Filed with the SEC: June 30, 2026
  • Original filing: prgs-20260531.htm

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