Progress Software

Progress Software

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues442m531m602m694m730m752m778m
% growth7 %20 %13 %15 %5 %3 %3 %
EBITDA162m198m198m235m250m260m263m
% EBITDA margin37 %37 %33 %34 %34 %35 %34 %
Profit79.7m78.4m95.1m70.2m89.0m108m122m
% profit margin18 %15 %16 %10 %12 %14 %16 %
EV / revenue4.7x4.8x4.4x4.2x4.2x3.8x3.4x
EV / EBITDA12.9x12.8x13.4x12.5x12.1x10.9x9.9x
R&D budget88.6m103m115m132m---
R&D % of revenue20 %19 %19 %19 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

N/A

Early VC
N/A

N/A

IPO

N/A

-
*
N/A

$400m

Post IPO Convertible
*

$900m

Post IPO Debt
Total Funding-

Recent News about Progress Software

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More about Progress Softwareinfo icon
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Progress is a technology company that specializes in providing comprehensive solutions for network and security visibility, data transfer automation, and IT infrastructure management. The company serves a wide range of clients, including enterprises, federal government agencies, and public sector organizations. Operating in the IT and software market, Progress offers a suite of products designed to enhance network observability, secure data transfers, and streamline infrastructure management. Key products include Flowmon for network and security analysis, MOVEit for secure data transfers, and WhatsUp Gold for IT infrastructure monitoring. Progress generates revenue through the sale of software licenses, subscriptions, and professional services. The business model focuses on delivering scalable and flexible solutions that meet the evolving needs of its clients.

Keywords: Network Security, Data Transfer, IT Infrastructure, Observability, Automation, Compliance, Federal Solutions, Analytics, Cloud Monitoring, Enterprise Growth.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Progress Software

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Telerik
ACQUISITION by Progress Software Dec 2014
Xcalia
ACQUISITION by Progress Software Mar 2008
MarkLogic
ACQUISITION by Progress Software Jan 2023
KEMP Technologies
ACQUISITION by Progress Software Sep 2021
Rollbase
ACQUISITION by Progress Software Jun 2013
Chef
ACQUISITION by Progress Software Sep 2020
Kinvey
ACQUISITION by Progress Software Jun 2017
Pantero
ACQUISITION by Progress Software Jun 2006
OneBit Software
ACQUISITION by Rollbase Aug 2016
IONA Technologies
ACQUISITION by Progress Software Jun 2008
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