earnings
confidence high
sentiment positive
materiality 0.80
Progress Q3 revenue $250M (+40% YoY), ARR $849M (+47%), raises FY guidance
PROGRESS SOFTWARE CORP /MA
2025-Q3 EPS reported
$1.07
revenue$725,165,000
- Revenue $249.8M (+40% YoY; +38% constant currency); ARR $849M (+47% constant currency).
- GAAP diluted EPS $0.44 (down 32% YoY); Non-GAAP diluted EPS $1.50 (up 19% YoY).
- GAAP operating margin 18% (down 500bps YoY); Non-GAAP operating margin 40% (down 100bps).
- Cash from operations $73.4M (+27% YoY); Adjusted free cash flow $74.4M (+29%).
- Full-year guidance raised for revenue, EPS, and cash flow; net retention remains strong at 100%.
item 2.02item 7.01item 9.01