Progress Software (PRGS) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Progress Software Corp  (NASDAQ: PRGS)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

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Description of Progress Software's Business Segments


Progress Software Corporation offers a broad portfolio of products and services designed to facilitate application development, data connectivity, integration, and management. Their offerings are categorized into several business segments, each tailored to meet the specific needs of developers, partners, and organizations striving for innovation and efficiency in their software environments. Below is an extensive description of these segments, products, and services:

1. OpenEdge Business Segment

The OpenEdge business segment is primarily focused on driving growth through a diverse partner ecosystem by enhancing product features and providing marketing support. This segment aids partners and end-users in transitioning to cloud-based applications, ensuring that they capitalize on existing investments while adapting to evolving business needs.

Solutions within the OpenEdge Segment:

- Progress OpenEdge: A comprehensive development environment for creating dynamic applications with multi-language support. OpenEdge enables secure deployment across various platforms, devices, and clouds. It integrates development tools, application servers, management tools, and an embedded relational database management system, allowing seamless data and application integration.

- Progress Corticon: A leading Business Rules Management System (BRMS) that empowers applications with decision automation and insight. Corticon helps business and IT professionals create, modify, and collaborate on business rules without extensive coding, facilitating rapid decision-making processes.

- DataRPM: An award-winning cognitive predictive maintenance solution tailored for industrial IoT applications. DataRPM utilizes advanced predictive modeling to identify potential equipment failures, significantly reducing costs and enhancing operational efficiency for clients like Jaguar and Samsung.

- Kinvey: A Backend as a Service (BaaS) offering that supports developers in creating serverless cloud backends for various app types, including native, hybrid, web, and IoT applications. Kinvey’s technology is integral for developing compliant applications across industries, with over 31,000 apps powered by its services.

Data Connectivity and Integration Business Segment

This segment focuses on the growth of data assets and the challenges organizations face in data integration amidst numerous data sources. It addresses pivotal data connectivity needs for businesses transitioning to cloud solutions.

Solutions within the DCI Segment:

- Progress DataDirect Connect: A data connectivity solution that employs industry-standard interfaces to connect applications with major databases across platforms. Its extensive product suite, featuring ODBC, JDBC, and ADO.NET drivers, is a leading choice for global enterprises and integrates seamlessly with cloud-based applications.

- Progress DataDirect Hybrid Data Pipeline: An innovative data access service that provides smooth integration of cloud and on-premises data sources, enabling hybrid applications to function optimally. It facilitates secure access to data regardless of the hosting environment, whether in the cloud or on-site, and is designed to work with any vendor.

Application Development and Deployment Business Segment

The AppDev segment focuses on fulfilling the evolving needs of developers and generating new customer interest in application development tools. It comprises products acquired mainly through the Telerik acquisition in December 2014, ensuring agility in responding to market changes.

Solutions within the AppDev Segment:

- DevTools: A suite that offers cross-platform development, user experience design, quality assurance, and debugging tools for web, mobile, and desktop applications. It empowers developers to concentrate on business logic rather than underlying infrastructure. Key components include Fiddler for debugging and Kendo UI for user interface development.

- NativeScript: An open-source framework that allows developers to build native applications for iOS and Android using JavaScript. NativeScript simplifies cross-platform application development while ensuring a rich native user experience.

- Test Studio: An application lifecycle management tool that streamlines testing processes for web, mobile, and desktop applications, facilitating quality assurance from initial concept to deployment.

- Sitefinity: A modern web content management system and customer analytics platform that helps organizations manage and optimize their digital presence. Sitefinity offers extensive customization options for developers while enhancing end-user experiences.

Conclusion

Through its varied business segments, Progress Software Corporation provides a comprehensive suite of tools and solutions tailored to enhance application development, data integration, and overall operational efficiency. By equipping organizations with the necessary technology to innovate and evolve, Progress Software fosters a robust ecosystem supportive of modern digital transformation strategies.


Composition of Progress Software Corp Revenues by Segments

 
Software licenses    53.88 % of total Revenue
Maintenance and Services    143.89 % of total Revenue
Maintenance    79.52 % of total Revenue
Software as a Service    56.6 % of total Revenue
Service    7.76 % of total Revenue
North America    124.36 % of total Revenue
EMEA    58.78 % of total Revenue
Asia Pacific    10.16 % of total Revenue
Reportable    197.76 % of total Revenue

Q2 three months ended (May 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Software licenses 136.56 53.88 %
Maintenance and Services 364.70 143.89 %
Maintenance 201.56 79.52 %
Software as a Service 143.47 56.6 %
Service 19.68 7.76 %
North America 315.22 124.36 %
EMEA 148.99 58.78 %
Asia Pacific 25.74 10.16 %
Reportable 501.26 197.76 %
Total 253.47 100 %




Q2 three months ended (May 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Software licenses 168.85 % 102.07 %
Maintenance and Services - -
Maintenance - -
Software as a Service - -
Service - -
North America 113.96 % 106.44 %
EMEA 103.98 % 90.08 %
Asia Pacific 112.1 % 129.76 %
Reportable - -
Total 6.92 % 2.64 %




Q2 three months ended (May 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Total 21.07 8.31 %




Q2 three months ended (May 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Total 23.75 % -7.63 %




Annual Report on Progress Software Corp Divisions, Sales by Country

 
Software licenses   Software licenses Segment contribution to total sales 24.34 % of total Revenue
EMEA   EMEA Segment contribution to total sales 28.74 % of total Revenue
Asia Pacific   Asia Pacific Segment contribution to total sales 5.27 % of total Revenue
Latin America   Latin America Segment contribution to total sales 2.22 % of total Revenue
Reportable Segment   Reportable Segment Segment contribution to total sales 100.06 % of total Revenue
Software licenses Performance Obligations Transferred at a Point in Time   Software licenses Performance Obligations Transferred at a Point in Time Segment contribution to total sales 24.34 % of total Revenue
Maintenance Performance Obligations Transferred Over Time   Maintenance Performance Obligations Transferred Over Time Segment contribution to total sales 41.97 % of total Revenue
SaaS Performance Obligations Transferred Over Time   SaaS Performance Obligations Transferred Over Time Segment contribution to total sales 29.46 % of total Revenue
Professional services Performance Obligations Transferred Over Time   Professional services Performance Obligations Transferred Over Time Segment contribution to total sales 4.28 % of total Revenue
United States   United States Segment contribution to total sales 60.92 % of total Revenue
Canada   Canada Segment contribution to total sales 2.91 % of total Revenue


Twelve months ended 2025
PRGS s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Software licenses 237.89 24.34 %
EMEA 280.91 28.74 %
Asia Pacific 51.49 5.27 %
Total 977.25 100 %
Latin America 21.67 2.22 %
Reportable Segment 977.83 100.06 %
Software licenses Performance Obligations Transferred at a Point in Time 237.89 24.34 %
Maintenance Performance Obligations Transferred Over Time 410.17 41.97 %
SaaS Performance Obligations Transferred Over Time 287.93 29.46 %
Professional services Performance Obligations Transferred Over Time 41.84 4.28 %
United States 595.34 60.92 %
Canada 28.43 2.91 %


Twelve months ended 2025
PRGS s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 73.13 7.48 %
Reportable Segment 73.13 7.48 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Software licenses -4.59 % -
EMEA 14.52 % -
Asia Pacific 26.13 % -
Total 29.79 % 6.86 %
Latin America 6.71 % -
Reportable Segment 29.79 % 6.86 %
Software licenses Performance Obligations Transferred at a Point in Time -4.59 % -
Maintenance Performance Obligations Transferred Over Time -0.09 % -
SaaS Performance Obligations Transferred Over Time 546.1 % -
Professional services Performance Obligations Transferred Over Time -14.53 % -
United States 41.11 % -
Canada 13.24 % -
Services Performance Obligations Transferred Over Time - -



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