Progress Software (PRGS) Current Deferred Tax Assets (2009 - 2015)

Progress Software (PRGS) posted quarterly Current Deferred Tax Assets of $31.8 million for Q3 2015, up 163.94% year-over-year from $12.0 million in Q3 2014, and down 15.37% on a QoQ basis from $37.6 million in Q2 2015.

Progress Software (PRGS) Current Deferred Tax Assets (2009 - 2015) Analysis & Trends

Progress Software (PRGS) has reported Current Deferred Tax Assets for 7 consecutive years, with $31.8 million the latest figure, recorded in Q3 2015.

  • In Q3 2015, Current Deferred Tax Assets rose 163.94% year-over-year to $31.8 million; the TTM figure through Aug 2015 stood at $31.8 million (up 163.94% YoY), while the FY2014 annual figure was $10.1 million, up 13.47% from the prior year.
  • Current Deferred Tax Assets came in at $31.8 million for Q3 2015 at Progress Software, down from $37.6 million in the prior quarter.
  • The five-year high for Current Deferred Tax Assets was $37.6 million in Q2 2015, with the low at $8.9 million in Q4 2013.
  • Average Current Deferred Tax Assets over 5 years is $15.8 million, with a median of $13.3 million recorded in 2013.
  • Across the five-year window, Current Deferred Tax Assets plunged 47.53% in 2014 and soared 229.74% in 2015, its largest moves.
  • Year by year, Current Deferred Tax Assets stood at $13.5 million in 2011, then advanced by 21.12% to $16.3 million in 2012, then tumbled by 45.58% to $8.9 million in 2013, then climbed by 13.47% to $10.1 million in 2014, then jumped by 215.83% to $31.8 million in 2015.
  • According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $31.8 million, $37.6 million, and $24.9 million for Q3 2015, Q2 2015, and Q1 2015 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 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
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn

Historic Data

Download Data
DateValue
Aug 31, 2015 31.79 Mn
Aug 31, 2015 31.79 Mn
May 31, 2015 37.56 Mn
May 31, 2015 37.56 Mn
Feb 28, 2015 24.94 Mn
Feb 28, 2015 24.94 Mn
Nov 30, 2014 10.07 Mn
Nov 30, 2014 10.07 Mn
Aug 31, 2014 12.05 Mn
Aug 31, 2014 12.05 Mn
May 31, 2014 11.39 Mn
May 31, 2014 11.39 Mn
Feb 28, 2014 10.84 Mn
Feb 28, 2014 10.84 Mn
Nov 30, 2013 8.87 Mn
Nov 30, 2013 8.87 Mn
Aug 31, 2013 12.78 Mn
Aug 31, 2013 12.78 Mn
May 31, 2013 13.25 Mn
May 31, 2013 13.25 Mn