Progress Software

Q2 FY2026 EarningsQ3 FY26 results were solid with non-GAAP EPS of $1.69 beating the $1.52 consensus by 11.2%, driven by disciplined expense management and a strong non-GAAP operating margin of 43%. Revenue of $246M slightly missed the $247.3M consensus (-0.5%), with total revenue declining 2% YoY, though ARR grew 1% to $873M. The company significantly raised its full-year revenue guidance to $1,044M - $1,052M following the Domo acquisition close, comfortably above the prior ~$1,000M range.