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flag Progress Software's 2025 revenue surged 30% to $978 million, driven by strong product performance and AI growth.

flag Progress Software reported fiscal 2025 revenue of $978 million, a 30% year-over-year increase, with non-GAAP EPS of $5.72, up 16%. flag Q4 revenue reached $253 million, beating expectations, and non-GAAP EPS hit $1.51, surpassing guidance. flag Annual recurring revenue rose to $852 million with a 100% net retention rate. flag Strong performance was driven by products like ShareFile and OpenEdge, while AI initiatives including agentic RAG and new automation tools gained traction. flag The company completed ShareFile integration ahead of schedule, expanded in Costa Rica, and secured a U.S. Department of Defense contract. flag Adjusted free cash flow grew 16% to $247 million, and Progress repurchased $105 million in stock.

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