PROGRESS SOFTWARE $PRGS Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $246M (Est. $247M) 🔴; -2% YoY
🔹 Adj. EPS: $1.69 (Est. $1.51) 🟢; +13% YoY
🔹 ARR: $873M; +1% YoY constant currency
🔹 Adj. Oper Margin: 43% (Est. 38.3%) 🟢; +300 bps YoY
🔹 Adj. Free Cash Flow: $87.2M; +17% YoY
FY26 Guide:
🔹 Revenue: $1.0B-$1.1B; from $990M-$1.0B
🔹 Adj. EPS: $6.15-$6.23; from $6.09-$6.21
🔹 Adj. FCF: $275M-$283M; from $271M-$283M
Q4 Guide:
🔹 Revenue: $297M-$305M
🔹 Adj. EPS: $1.24-$1.33
Key Updates:
🔹 Domo acquisition: Acquisition of Domo's AI and Data Platform Business Closed
🔹 Buybacks: $14.3M of common stock repurchased
Comments:
🔸 “With the recent close of the Domo AI and Data platform acquisition, we are further strengthening our ability to help customers unlock the value of their data and accelerate AI-powered innovation.”
Progressive Senator Bernie Sanders, along with close Trump ally Steve Bannon, called for restrictions on AI systems, uniting two political adversaries around concerns that the technology will harm humans
Progress towards Sei Giga is accelerating.
> SIP-3 is nearing completion
> Completion of Eidos Upgrade is expected in upcoming releases
> Ares Upgrade expected shortly after
> Giga testnet approaching
Progress on Tobacco Harm Reduction relies on informed discussion grounded in science and evidence.
Highlights from GTNF in Lisbon, where the New Omni™ 2026 Edition was unveiled by our Chief Corporate Officer, Kingsley Wheaton.
Download today:
progress on replacing myself with AI (9/10)
preconfigured roles let me spin up new bots fast, interactive 3d creation flow makes the creative part fun, automated building & release for all apps, content, etc.
about 95% of the way to automated with 27 agents
Progress on the EU's long-awaited savings and investment union will be possible by the end of the year, according to Ireland’s Prime Minister Micheal Martin
Progressive Caucus City Council members are backing a dozen out-of-left-field bills, ranging from the potentially dangerous to the downright wacky, a Post analysis found.
Progress is not always a straight line; it will plateau, drop, leap, and do things no one will see coming. It'll feel like nothing is happening until it suddenly does.