Progress Software (PRGS) fixes Q3 2025 SaaS revenue figure in update

Q: Does the Progress Software (PRGS) amendment affect reported Q3 2025 total revenue?

No. The company states that the Total Revenue figure on slide 17, as well as the SaaS revenue reported in its Form 10-Q for the quarter ended August 31, 2025, were correctly stated and are unchanged.

Q: Is the corrected Q3 2025 SaaS revenue slide for PRGS considered filed or furnished?

The supplemental data attached as Exhibit 99.1 is furnished under Regulation FD and is expressly not deemed filed for purposes of Section 18 of the Exchange Act.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

8-K/A

Rhea-AI Filing Summary

Progress Software Corporation filed an amended current report to correct a clerical error in its third-quarter 2025 financial supplemental data. The correction applies only to the amount labeled as SaaS revenue on slide 17 of the supplemental presentation previously furnished as an exhibit.

The company notes that the total revenue figure on that slide, as well as the SaaS revenue reported in its Form 10-Q for the quarter ended August 31, 2025, were already accurate and remain unchanged. A revised slide 17 is now provided as a new exhibit, and no other parts of the supplemental data or the earlier report have been modified.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

09/29/2025 - 09:18 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 29, 2025

Progress Software Corporation

(Exact name of registrant as specified in its charter)


Delaware	0-19417	04-2746201
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. Employer Identification No.)


15 Wayside Road, Suite 400, Burlington, Massachusetts						01803
(Address of principal executive offices)						(Zip code)

Registrant’s telephone number, including area code: (781) 280-4000

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value per share

PRGS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Explanatory Note

This Amendment to the Current Report on Form 8-K of Progress Software Corporation ("Progress") is being filed solely for the purpose of correcting a scrivener’s error contained in the supplemental data (the "Supplemental Data") concerning Progress’ financial results for its third fiscal quarter ended August 31, 2025 (the "Third Quarter"). The Supplemental Data was previously furnished by Progress via a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on September 29, 2025 as Exhibit 99.2 (the "Original Form 8-K"). The amount attributed to "SaaS Revenue" was incorrectly reflected on slide 17 of the Supplemental Data. The amount provided for Total Revenue on such slide, and the amount attributed to "SaaS Revenue" in Progress’ Quarterly Report on Form 10-Q for the Third Quarter filed on September 29, 2025, were both stated correctly as filed. A corrected slide 17 is attached hereto as Exhibit 99.1 and replaces in its entirety slide 17 of the Supplemental Data furnished via Exhibit 99.2 of the Original Form 8-K. No other changes have been made to the Supplemental Data or the Original Form 8-K.

Item 7.01 Regulation FD Disclosure

The supplemental data attached as Exhibit 99.1 to this Current Report is available on the Progress website within the Investor Relations section.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any other filing by Progress under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.


Exhibit No.						Description
99.1						Corrected Slide 17 of Q3 2025 Supplemental Data
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Date:	September 29, 2025	Progress Software Corporation

		By:	/s/ ANTHONY FOLGER
			Anthony Folger
			Chief Financial Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did Progress Software (PRGS) change in this 8-K/A filing?

Progress Software filed an amended report to correct a scrivener’s error in the amount labeled as SaaS Revenue on slide 17 of its Q3 2025 supplemental data. The corrected slide is now attached as Exhibit 99.1.

Does the Progress Software (PRGS) amendment affect reported Q3 2025 total revenue?

No. The company states that the Total Revenue figure on slide 17, as well as the SaaS revenue reported in its Form 10-Q for the quarter ended August 31, 2025, were correctly stated and are unchanged.

Which exhibit did Progress Software (PRGS) replace in this 8-K/A?

Progress replaced slide 17 of the original Q3 2025 supplemental data that had been furnished as Exhibit 99.2. A corrected slide 17 is now furnished as Exhibit 99.1.

Is the corrected Q3 2025 SaaS revenue slide for PRGS considered filed or furnished?

The supplemental data attached as Exhibit 99.1 is furnished under Regulation FD and is expressly not deemed filed for purposes of Section 18 of the Exchange Act.

Where can investors access the corrected Q3 2025 supplemental data for Progress Software (PRGS)?

The company states that the supplemental data in Exhibit 99.1 is available on the Progress Software Investor Relations section of its website.