Progress Software Corp
NASDAQ:PRGS
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Progress Software Corp
Revenue
Progress Software Corp
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Progress Software Corp
NASDAQ:PRGS
|
Revenue
$715.4m
|
CAGR 3-Years
12%
|
CAGR 5-Years
13%
|
CAGR 10-Years
8%
|
||
Oracle Corp
NYSE:ORCL
|
Revenue
$54.9B
|
CAGR 3-Years
10%
|
CAGR 5-Years
7%
|
CAGR 10-Years
4%
|
||
ServiceNow Inc
NYSE:NOW
|
Revenue
$10.5B
|
CAGR 3-Years
24%
|
CAGR 5-Years
27%
|
CAGR 10-Years
33%
|
||
Fortinet Inc
NASDAQ:FTNT
|
Revenue
$5.7B
|
CAGR 3-Years
22%
|
CAGR 5-Years
23%
|
CAGR 10-Years
23%
|
||
Microsoft Corp
NASDAQ:MSFT
|
Revenue
$254.2B
|
CAGR 3-Years
13%
|
CAGR 5-Years
14%
|
CAGR 10-Years
11%
|
||
CrowdStrike Holdings Inc
NASDAQ:CRWD
|
Revenue
$3.7B
|
CAGR 3-Years
43%
|
CAGR 5-Years
56%
|
CAGR 10-Years
N/A
|
Progress Software Corp
Revenue Breakdown
Breakdown by Geography
Progress Software Corp
Total Revenue:
694.4m
USD
|
United States:
380.7m
USD
|
EMEA:
222.9m
USD
|
Asia Pacific:
38.8m
USD
|
Canada:
31m
USD
|
Latin America:
21.1m
USD
|
Breakdown by Segments
Progress Software Corp
Total Revenue:
694.4m
USD
|
Maintenance And Services:
473.7m
USD
|
Maintenance:
401.5m
USD
|
Software Licenses:
220.8m
USD
|
Services:
72.1m
USD
|
Progress Software Corp
Glance View
Progress Software Corp. is a pioneering player in the software industry, carving out its niche by providing businesses with the building blocks necessary for digital transformation. Founded in 1981, the Massachusetts-based company has evolved in harmony with the ever-changing tech landscape. At its core, Progress Software offers robust cloud and hybrid deployment tools that empower developers to create, deploy, and manage complex applications with ease. By offering an array of products such as application development platforms, data connectivity solutions, and application management tools, Progress caters to the dynamic needs of businesses that seek to enhance efficiency and innovate swiftly. These offerings serve multiple sectors from finance to healthcare, enabling enterprises to integrate powerful functionalities into their operations without starting from scratch. The company's revenue streams are as multifaceted as its product offerings. Primarily, Progress Software generates income through software license fees, subscriptions, maintenance, and support services. As businesses increasingly prioritize digital agility, the recurring nature of its subscription and support revenues has proved pivotal, offering not just growth but also financial predictability. Moreover, strategic acquisitions have bolstered its product suite, cementing its role as a comprehensive solution provider. By consistently updating its technologies to remain at the forefront of trends such as artificial intelligence and machine learning, Progress ensures its clients can adapt to future challenges, thus maintaining its significance in a tech-driven world. In essence, Progress Software thrives by being the architect of digital frameworks that foster innovation across industries.
See Also
What is Progress Software Corp's Revenue?
Revenue
715.4m
USD
Based on the financial report for Aug 31, 2024, Progress Software Corp's Revenue amounts to 715.4m USD.
What is Progress Software Corp's Revenue growth rate?
Revenue CAGR 10Y
8%
Over the last year, the Revenue growth was 6%. The average annual Revenue growth rates for Progress Software Corp have been 12% over the past three years , 13% over the past five years , and 8% over the past ten years .