Company earns recognition among top digital experience platforms in the market BURLINGTON, Mass., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS) today announced its inclusion as one of nine vendors in The Forrester Wave™: Digital Experience Platforms, Q4 20251, marking its debut in this influential analyst report. Progress sees this recognition as a reflection of its growing influence in the digital experience platform (DXP) market and its commitment to delivering secure, scalable, perso ...

Financial Performance - Q2 2025 - Revenue reached 234.8 million SEK, a decrease of 6.6% compared to the previous year (251.2 million SEK)[9] - Organic growth declined by 7.5%[9] - Adjusted EBITA amounted to 17.9 million SEK, with an adjusted EBITA margin of 7.6%[9] Financial Performance - LTM - LTM Revenue is 928.0 million SEK[15] - LTM Growth is 10.5%, with organic growth at -5.7%[15] - Adjusted EBITA margin LTM is 8.7%[15] Employees - Revenue per FTE (Full-Time Equivalent) increased by 3.9% to 1,737 KSEK/year LTM[21] - Personnel costs per FTE increased by 7.3% to 1,109 KSEK/year LTM[21] - The company's employee count decreased by 36, ending Q2 with 559 employees[21] Cash Flow - Q2 2025 - Cash flow from operating activities before changes in working capital was 10.6 million SEK[33] - Investment activities resulted in an outflow of 67.7 million SEK, primarily due to acquisitions[33] - The company's cash and cash equivalents at the end of Q2 2025 were 75.2 million SEK[35] Financial Position - Net debt to EBITDA ratio is +1.0x, with EBITDA at 112.3 million SEK LTM[35] - Net debt totals 108.5 million SEK, calculated from liabilities of 124.4 million SEK, IFRS 16 of 59.3 million SEK, and cash of -75.2 million SEK[35]