Progress Soft Stock Price, News & Analysis

Progress Software (Nasdaq: PRGS) announced on November 19, 2025 that its SaaS Progress Agentic RAG platform is now listed in AWS Marketplace. The listing enables customers to discover, purchase and deploy the RAG platform directly within AWS environments and to use AWS Bedrock models with the service. The platform is presented as a no-code solution for extracting verifiable insights from unstructured, multilingual data and aims to simplify enterprise adoption of generative AI and AI agents.

Progress (NASDAQ: PRGS) on Nov 13, 2025 announced early access for Progress Agentic RAG for Sitefinity, a generative CMS capability that combines retrieval-augmented generation (RAG) with real-time content assembly inside the Sitefinity platform.

The offering introduces native, multilingual, agentic RAG-driven experiences, source traceability, brand governance, compliance controls and generative engine optimization (GEO) to produce verified, hyper-personalized web journeys from approved enterprise content.

Progress Federal Solutions (Nasdaq: PRGS) achieved “Awardable” status on Oct 29, 2025 for the Department of Defense Chief Digital and Artificial Intelligence Office’s Tradewinds Solutions Marketplace.

This designation makes the Progress Data Platform available for rapid DoD procurement and deployment, enabling agencies to unify structured and unstructured data, apply semantic AI and search, and access government-grade security with proven Authority to Operate (ATO) across major standards.

The subsidiary operates to meet federal and defense requirements while leveraging Progress Software technology, and a platform video is available to government customers via the Tradewinds Solutions Marketplace.

Progress (Nasdaq: PRGS) launched Automate MFT on October 15, 2025, a cloud-native SaaS managed file transfer solution that targets legacy MFT gaps in security, scalability and operational overhead.

Key claims include up to 50% lower total cost of ownership versus traditional systems, a no-code automation builder, coordinator-agent microservices architecture, reusable credential and schedule libraries, task versioning (up to 200 versions) and support for SOC 2 Type 1 and HIPAA security standards. A release webinar is scheduled for October 30, 2025.

Progress Software (NASDAQ:PRGS) has announced the opening of its new Center of Excellence (CoE) in Heredia, Costa Rica. The 1,562-square-meter facility, located in Centro Corporativo El Cafetal, will serve as a strategic hub for technical support, customer success, sales, and corporate functions.

The expansion includes doubling the local workforce and will support Progress' growing portfolio of AI-powered solutions. The CoE will provide localized services for customers in the Caribbean and Latin America (CALA) region, building upon Progress' existing presence established through its ShareFile acquisition.

The company is also launching a philanthropic initiative with Fundación Llovera to support unhoused individuals, demonstrating its commitment to local community impact.

Progress Software (NASDAQ: PRGS) reported exceptional Q3 2025 financial results, with revenue reaching $250 million, up 40% year-over-year. The company's Annualized Recurring Revenue (ARR) grew 47% to $849 million.

Key financial metrics include non-GAAP operating margin of 40% and non-GAAP diluted EPS of $1.50, up 19% year-over-year. The company maintained strong net retention at 100% and announced a $200 million increase in share repurchase authorization.

Progress raised its FY2025 guidance, now expecting revenue between $975-$981 million and non-GAAP diluted EPS of $5.50-$5.56. The company highlighted successful ShareFile integration and continued AI investments, including agentic RAG technology implementation across its product portfolio.

Progress Software (Nasdaq: PRGS) has announced early customer testing of its OpenEdge MCP Connector for ABL, a specialized integration tool that combines Generative AI and Retrieval-Augmented Generation (RAG) technology. This purpose-built solution aims to accelerate development and modernization for Progress OpenEdge platform users.

The connector integrates with popular development environments like Visual Studio Code and Windsurf, offering domain-specific coding assistance, automated task handling, and improved code quality management. Early testers, including DMSi, Consultingwerk, and Build.One, have reported positive feedback on developer productivity improvements.

Key features include real-time context-aware development support, automated code generation, legacy system modernization assistance, and enhanced documentation capabilities. The tool is specifically designed to address the limitations of generic AI tools when working with OpenEdge Advanced Business Language (ABL).

Progress Software (NASDAQ: PRGS) has launched Flowmon ADS 12.5, an enhanced version of its anomaly detection system featuring advanced AI-powered capabilities. The release focuses on simplifying threat detection and incident response for organizations, particularly targeting mid-sized enterprises facing cybersecurity challenges.

The update introduces several key features including AI-powered threat briefings, expert-level recommendations, enhanced event visualization, and streamlined incident response workflows. These improvements aim to address common challenges such as increasing network traffic, alert fatigue, and sophisticated cyber attacks while reducing mean time to response (MTTR).

Progress Software (Nasdaq: PRGS) has announced a significant expansion of AI-powered developer capabilities in its Q3 2025 release of Telerik and Kendo UI toolsets. The company is extending its AI Coding Assistants across all major UI component libraries, including support for ASP.NET Core, WPF, WinForms, .NET MAUI, and Angular, as well as Telerik Reporting and Progress Document Processing.

The AI Coding Assistants integrate with popular AI solutions like GitHub Copilot, Claude Code, and Cursor, providing context-aware code generation that has helped early adopters achieve up to 30% productivity gains. The update also includes new AI capabilities in ThemeBuilder for theme creation using conversational prompts, and enhanced AI features for end-users such as Conversational UI, Inline AI Prompt, and AI-powered Data Grid functionality.