Company / Cost of Revenue
Progress Software Corporation Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$187.6M
FY2025
5-year range
$78.4M / $187.6M
FY2021-FY2025
Trend
+43.8%
vs FY2024
Sector context
#203 of 262
Information Technology
What the data says
Progress Software Corporation's cost of revenue of $188M is lower than 77% of companies in the Information Technology sector (FY2025). Cost of Revenue has increased for 5 consecutive years, from $62M in FY2020 to $188M in FY2025.
Based on SEC 10-K filings.
$188M in FY2025 with a 5-year CAGR of +24.7%.
Increased from $127M to $188M over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +25.7%
- 5-Year CAGR
- +24.7%
- 10-Year CAGR
- -
Sector benchmark
-95.7% below sector average
Key checks
Key Insights
- Progress Software Corporation's cost of revenue has grown for 5 consecutive years.
- 5-year CAGR of +24.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 43.8% year-over-year.
- Ranks #203 out of 262 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $187.6M | +43.8% |
| FY2024 | $130.5M | +3.1% |
| FY2023 | $126.6M | +33.9% |
| FY2022 | $94.5M | +20.5% |
| FY2021 | $78.4M | +26.3% |
| FY2020 | $62.1M | -17.4% |
| FY2019 | $75.2M | +12.3% |
| FY2018 | $67.0M | -3.2% |
| FY2017 | $69.2M | +5.2% |
| FY2016 | $65.7M | +3.1% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026