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
DateValue
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