Progress Software Q4 revenue $253M (+18% YoY); Non-GAAP EPS $1.51 (+14%)

PROGRESS SOFTWARE CORP /MA

2025-FY EPS reported $1.66 revenue$977,831,000

Revenue $252.7M (+18% YoY); ARR $852M (+2% YoY constant currency).
GAAP diluted EPS $0.59 vs $0.03; Non-GAAP diluted EPS $1.51 vs $1.33 (+14%).
GAAP operating margin 15% (up 500bps); non-GAAP operating margin 38% (up 100bps).
Cash from operations $62.8M (+220%); adjusted free cash flow $62.1M (+243%).
CEO cited strongest year ever, driven by ShareFile integration and AI project momentum; net retention 100%.

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