---
schema_version: "secwatch.filing_event.v1"
accession: "0000876167-26-000110"
form_type: "8-K"
ticker: "PRGS"
cik: "0000876167"
company_name: "PROGRESS SOFTWARE CORP /MA"
filed_at: "2026-09-30T20:07:19+00:00"
generated_at: "2026-10-12T14:04:48.969157+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.62
calibrated_materiality_score: 0.62
confidence: "high"
source: SEC EDGAR
---

# Progress Software Q3 revenue $246M, down 2% YoY; non-GAAP EPS $1.69, up 13%; Domo AI deal closed

## Summary
- Revenue of $246.0M fell 2% year-over-year on both an actual and constant currency basis; ARR of $873M grew 1% YoY in constant currency.
- GAAP diluted EPS $0.55 vs $0.44 (+25%); non-GAAP diluted EPS $1.69 vs $1.50 (+13%). GAAP net income $22.8M, up 17%; non-GAAP $70.2M, up 7%.
- GAAP operating margin 19% (vs 18%); non-GAAP operating margin 43% (vs 40%), a 300 bps improvement. GAAP income from operations $46.6M, up 6%.
- Cash from operations $88.0M (+20% YoY); adjusted free cash flow $87.2M (+17%); unlevered free cash flow $100.7M (+14%).
- Acquisition of Domo's AI and Data Platform Business closed; CEO Yogesh Gupta said the deal strengthens Progress' ability to help customers accelerate AI-powered innovation.

## SEC filing metadata
- accession: 0000876167-26-000110
- form_type: 8-K
- ticker: PRGS
- cik: 0000876167
- company_name: PROGRESS SOFTWARE CORP /MA
- filed_at: 2026-09-30T20:07:19+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.62
- calibrated_materiality_score: 0.62
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/0000876167-26-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876167/000087616726000110/prgs-20260930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876167-26-000110
- JSON: https://secwatch.observer/filing/0000876167-26-000110.json
- Plain text: https://secwatch.observer/filing/0000876167-26-000110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.