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Progress Software's peak revenue was $694.4M in 2023. The peak quarterly revenue was $178.3M in 2023(q2).
Progress Software's revenue increased from $494.1m in 2009 to $694.4M currently. That's a 40.54% change in annual revenue.
Fiscal Year / Year | Progress Software Revenue |
---|---|
2009 | $494.1M |
2010 | $351.6M |
2011 | $333.6M |
2012 | $317.6M |
2013 | $334.0M |
2014 | $332.5M |
2015 | $377.6M |
2016 | $405.3M |
2017 | $397.6M |
2018 | $379.0M |
2019 | $413.3M |
2020 | $442.2M |
2021 | $531.3M |
2022 | $602.0M |
2023 | $694.4M |
Rate Progress Software's financial transparency
Progress Software saw the greatest revenue growth in 2021, when revenue increased by 20.17%.
Progress Software had the lowest revenue growth in 2010, when revenue changed by -28.84%.
Year | Progress Software Growth |
---|---|
2010 | -29%↓ |
2011 | -5%↓ |
2012 | -5%↓ |
2013 | 5%↑ |
2014 | -0%↓ |
2015 | 14%↑ |
2016 | 7%↑ |
2017 | -2%↓ |
2018 | -5%↓ |
2019 | 9%↑ |
2020 | 7%↑ |
2021 | 20%↑ |
2022 | 13%↑ |
2023 | 15%↑ |
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2010 | - | - | $128.7M | ($32.3M) |
2011 | $134.2M | $134.7M | $124.5M | ($52.8M) |
2012 | $87.2M | $74.1M | $74.4M | $86.6M |
2013 | $83.7M | $81.7M | $77.6M | $91.0M |
2014 | $74.5M | $80.8M | $79.3M | $97.9M |
2015 | $81.4M | $88.8M | $94.6M | $112.7M |
2016 | $89.5M | $96.1M | $102.0M | $117.7M |
2017 | $91.0M | $93.2M | $97.3M | $116.1M |
2018 | $94.0M | $96.1M | $95.7M | $93.1M |
2019 | $89.5M | $100.0M | $106.7M | $117.0M |
2020 | $109.7M | $100.4M | $109.7M | $122.4M |
2021 | $121.3M | $122.5M | $147.4M | $140.1M |
2022 | $144.9M | $148.7M | $151.2M | $157.1M |
2023 | $164.2M | $178.3M | $175.0M | $177.0M |
Do you work at Progress Software?
Did Progress Software meet its revenue projections?
CEO | Yogesh K. Gupta |
Industry | Software & Services |
Company Type | Public |
Employees Number | 2,100 |
Date Founded | 1981 |
Headquarters | Bedford, Massachusetts |
Number of Locations | 10 |
Revenue | $694.4M |
Net Income | $70,197,000 |
Gross Proft | $567.9M (2023) |
EBITDA | $176.9M (2023) |
PE Ratio | 22.49 |
Tax Rate | 0.1% |
Market Capitalization | $1.6B |
Total Assets | $1,602,783,000 |
Ticker | PRGS |
Progress Software received early financing of $0.0 on 1990-01-01.
Series | Round Size | Date |
---|---|---|
Venture Round - Progress | 01/1990 |
Investors | Security Type |
---|---|
Sequoia Capital | Venture Round - Progress |
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Sybase | $97,149 | - | 3,576 | 1 |
Quest Software | $67,808 | $857.4M | 3,850 | - |
Micro Focus (US), Inc. | $75,964 | $3.0B | 12,000 | - |
Sophos | $112,327 | $47.6M | 3,600 | 30 |
SugarCRM | $113,898 | $60.0M | 450 | 4 |
Egnyte | $117,787 | $100.0M | 684 | 146 |
IONA Technologies | $97,342 | $33.8M | 555 | - |
Software AG | $99,275 | $290.0M | 826 | 20 |
Zippia gives an in-depth look into the details of Progress Software, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Progress Software. The employee data is based on information from people who have self-reported their past or current employments at Progress Software. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Progress Software. The data presented on this page does not represent the view of Progress Software and its employees or that of Zippia.
Progress Software may also be known as or be related to Progress Software Corp, Progress Software Corporation, Progress Software, PROGRESS SOFTWARE CORP MA, Data Language Corporation and Rollbase (acquired by Progress).