Progress Software Q3 GAAP diluted EPS rises 25% to $0.55; revenue slips to $246 million

• Progress Software posted fiscal Q3 2026 revenue of $246 million, down 2% year over year.
• Diluted earnings per share rose 25% to $0.55, while income from operations increased 6% to $46.55 million.
• Operating margin widened 1 percentage point to 19%, and net income climbed 17% to $22.78 million.
• Annualized recurring revenue was $873 million, up from a year earlier.
• Management said the acquisition of Domo's AI and Data Platform business has closed and expects to begin integrating the business.

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