Progress Software (PRGS) Change in Taxes (2009 - 2026)
Progress Software (PRGS) posted quarterly Change in Taxes of -$502000.0 for Q1 2026, down 93.08% year-over-year from -$7.3 million in Q1 2025, and down 124.68% on a QoQ basis from $2.0 million in Q4 2025.
Progress Software (PRGS) Change in Taxes (2009 - 2026) Analysis & Trends
Progress Software (PRGS) has reported Change in Taxes for 18 consecutive years, with -$502000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes fell 93.08% year-over-year to -$502000.0; the TTM figure through Feb 2026 stood at $2.9 million (up 354.59% YoY), while the FY2025 annual figure was $3.2 million, up 616.06% from the prior year.
- Change in Taxes came in at -$502000.0 for Q1 2026 at Progress Software, down from $2.0 million in the prior quarter.
- The five-year high for Change in Taxes was $2.2 million in Q3 2025, with the low at -$2.9 million in Q4 2023.
- Average Change in Taxes over 5 years is $143058.8, with a median of $3000.0 recorded in 2022.
- Across the five-year window, Change in Taxes surged 5566.67% in 2023 and plunged 1155.56% in 2025, its largest moves.
- Year by year, Change in Taxes stood at $628000.0 in 2022, then sank by 564.17% to -$2.9 million in 2023, then surged by 69.16% to -$899000.0 in 2024, then jumped by 326.25% to $2.0 million in 2025, then plunged by 124.68% to -$502000.0 in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$502000.0, $2.0 million, and $2.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 2.30 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.40 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | - |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 17.56 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Progress Software | 1.65 Bn | 1.54 Bn | 203.94 Mn | -502,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -502,000.00 |
| Feb 28, 2026 | -502,000.00 |
| Nov 30, 2025 | 2.03 Mn |
| Nov 30, 2025 | 2.03 Mn |
| Aug 31, 2025 | 2.15 Mn |
| Aug 31, 2025 | 2.15 Mn |
| May 31, 2025 | -760,000.00 |
| May 31, 2025 | -760,000.00 |
| Feb 28, 2025 | -260,000.00 |
| Feb 28, 2025 | -260,000.00 |
| Nov 30, 2024 | -899,000.00 |
| Nov 30, 2024 | -899,000.00 |
| Aug 31, 2024 | 1.73 Mn |
| Aug 31, 2024 | 1.73 Mn |
| May 31, 2024 | 72,000.00 |
| May 31, 2024 | 72,000.00 |
| Feb 29, 2024 | -461,000.00 |
| Feb 29, 2024 | -461,000.00 |
| Nov 30, 2023 | -2.92 Mn |
| Nov 30, 2023 | -2.92 Mn |