Progress Software (PRGS) revenue breakdown
By segment, OpenEdge is the largest at 74% of fiscal 2020 revenue, growing 4% a year over 4 years.
By product, Maintenance, SaaS, and professional services is the largest at 76% of fiscal 2025 revenue, growing 13% a year over 9 years.
Revenue by segment
Fiscal years, as Progress Software reports them in its 10-K filings; fiscal 2020 total $442M.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | Share |
|---|---|---|---|---|---|---|
| OpenEdge | $276M | $280M | $278M | $297M | $326M | 74% |
| Application Development and Deployment | $81M | $80M | $78M | $76M | $82M | 18% |
| Data Connectivity and Integration | $48M | $29M | $23M | $40M | $34M | 8% |
Revenue by product
Fiscal years, as Progress Software reports them in its 10-K filings; fiscal 2025 total $978M.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Maintenance, SaaS, and professional services | $238M | $276M | $279M | $291M | $327M | $375M | $414M | $474M | $504M | $740M | 76% |
| Software licenses | $135M | $114M | $100M | $123M | $115M | $157M | $188M | $221M | $249M | $238M | 24% |
| Services | $32M | — | — | — | — | — | — | — | — | — | — |
Revenue by region
Fiscal years, as Progress Software reports them in its 10-K filings; fiscal 2025 total $978M.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $212M | $214M | $188M | $213M | $241M | $295M | $311M | $381M | $422M | $595M | 61% |
| EMEA | $131M | $118M | $135M | $137M | $144M | $169M | $208M | $223M | $245M | $281M | 29% |
| Asia Pacific | $24M | $20M | $22M | $22M | $23M | $27M | $35M | $39M | $41M | $51M | 5% |
| Canada | $17M | $22M | $17M | $21M | $20M | $23M | $30M | $31M | $25M | $28M | 3% |
| Latin America | $21M | $16M | $18M | $20M | $15M | $17M | $18M | $21M | $20M | $22M | 2% |
Questions
Where does Progress Software make its money?
In fiscal 2020, by segment: OpenEdge $326M, Application Development and Deployment $82M, Data Connectivity and Integration $34M.
From Progress Software's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.