1 Okt. 2026

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Progress Software (PRGS) CEO on Earnings, Domo Acquisition & AI Profit Path

Yogesh Gupta, CEO of Progress Software (PRGS), says the company delivered strong earnings with EPS above guidance, cash flow up 17% year over year to over $87 million, and a 43% operating margin. He recently completed the acquisition of Domo, a roughly $300 million business that brings consumption-based AI use cases and real-time data integration to power AI agents grounded in factual data. He says the 99% net retention rate remains consistent and the company has delivered 14% compounded top line growth over the last five to seven years.

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