How Progress Software makes money

Period

FY2025

How does Progress Software make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Progress Software Corporation Common Stock (DE) · FY2025 · year ended 2025-11-30

Revenue$978MGross profit$790M · 81%Cost of revenue$188M · 19%Operating income$153M · 16%Operating expenses$637M · 65%SG&A$108M · 11%Selling & marketing$211M · 22%Other opex$318M · 32%Pre-tax income$82M · 8%Other expense$72M · 7%Net income$73M · 7%Income tax$8M · 1%Maintenanceand Services$740M · 76%Software Licenses$238M · 24%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.