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How PROGRESS SOFTWARE CORP /MA makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$978M · 100%Cost of revenue$188M · 19%Gross profit$790M · 81%Operating income$153M · 16%Income before tax$81.6M · 8%Income tax$8.5M · 1%Net income$73.1M · 7%As of 2025-11-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$978M100%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
Cost of revenue$188M19%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
$790M81%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
$153M16%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
Income before tax$81.6M8%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
Income tax$8.5M1%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
$73.1M7%
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0000876167-26-000008 · filed Jan 20, 2026
· event Nov 30, 2025 · retrieved Oct 16, 2026 · annual-row source set
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