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Progress Software (PRGS) Reports Q3 Earnings: What Key Metrics Have to Say

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Progress Software (PRGS - Free Report) reported $249.8 million in revenue for the quarter ended August 2025, representing a year-over-year increase of 39.8%. EPS of $1.50 for the same period compares to $1.26 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $240.35 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +15.38%, with the consensus EPS estimate being $1.30.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Progress Software performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenue- Software licenses: $63.44 million compared to the $65.52 million average estimate based on two analysts. The reported number represents a change of +9.7% year over year.
  • Revenue- Maintenance: $104.85 million versus the two-analyst average estimate of $107.45 million. The reported number represents a year-over-year change of +1.7%.
  • Revenue- Maintenance and services (Maintenance, SaaS and professional services): $186.36 million compared to the $174.2 million average estimate based on two analysts. The reported number represents a change of +54.2% year over year.

View all Key Company Metrics for Progress Software here>>>

Shares of Progress Software have returned -9.2% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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