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Deals

Progress Software Details Its $400 Million Domo Purchase and Raises Full-Year Revenue Guidance

The deal closed Sept. 22 at 1.4 times steady-state revenue; Progress now guides fiscal 2026 revenue to as much as $1.05 billion, with margins compressing during integration.

AF

By Anna Ferreira

Oct 3, 2026 · 2 min read

Progress Software laid out the economics of its Domo acquisition alongside third-quarter fiscal 2026 results reported after the close on Sept. 30. The company paid $400 million in cash for the analytics software maker and closed the transaction on Sept. 22.

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AF

Anna Ferreira

Senior Correspondent, Corporate Strategy

Anna Ferreira writes for Corporate Insider Inc.

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