secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESS SOFTWARE CORP /MA (PRGS)
CIK:        0000876167
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0000876167-26-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876167/000087616726000007/0000876167-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876167/000087616726000007/prgs-20260120.htm
  HTML page:      https://secwatch.observer/filing/0000876167-26-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer