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Progress Software (PRGS) guidance and outlook
Progress Software (PRGS) raised some and lowered other parts of its guidance on Sep 30, 2026: Revenue $1.0B–$1.1B for FY2026; EPS $1.18–$1.28 for FY2026; Operating margin 13% for FY2026; Tax rate 25% for FY2026.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $1.0B–$1.1B | raised |
| EPS | FY2026 | $1.18–$1.28 | lowered |
| Operating margin | FY2026 | 13% | lowered |
| Free cash flow | FY2026 | $274M–$282M | new |
| Tax rate | FY2026 | 25% | reaffirmed |
| Revenue | Q4 2026 | $297M–$305M | new |
| Revenue | Q4 2026 | $297M–$305M | new |
| EPS | Q4 2026 | −$0.41 to −$0.32 | new |
| EPS | Q4 2026 | $1.24–$1.33 | new |
| EPS | FY2026 | $0.11 | reaffirmed |
From the earnings release filed Sep 30, 2026 (8-K on EDGAR).
Progress Software's latest quarter
Progress Software, Q3 FY26: revenue $246M (-2% year over year), operating margin 18.9%, net earnings $22.8M, operating cash flow $88.0M. The chart follows the revenue to costs, profit and cash.
Questions
Did Progress Software raise or lower its guidance?
Progress Software (PRGS) raised some and lowered other parts of its guidance on Sep 30, 2026: Revenue $1.0B–$1.1B for FY2026; EPS $1.18–$1.28 for FY2026; Operating margin 13% for FY2026; Tax rate 25% for FY2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.