Progress Software (PRGS) Current Taxes (2009 - 2021)
Progress Software's Current Taxes came in at $5.48 million for fiscal Q3 2021 (quarter ended Aug 31, 2021), up 64.0% from $3.34 million a year earlier and up 289.1% from the prior quarter.
Progress Software (PRGS) Current Taxes (2009 - 2021) Analysis & Trends
At the end of FY2020 (ended Nov 30, 2020), Progress Software's Current Taxes was $1.9 million, up 31.5% from FY2019.
- Current Taxes has increased in each of the last three fiscal years, though with a five-year compound annual growth rate of -8.4% (FY2015 to FY2020).
- Going back by fiscal year, Current Taxes was $1.44 million in FY2019 (+17.6%), $1.23 million in FY2018 (+4.7%), $1.17 million in FY2017 (-22.3%) and $1.51 million in FY2016 (-48.7%).
- The fiscal Q3 2021 figure represents the highest quarterly Current Taxes since fiscal Q3 2015.
- Year-over-year, Current Taxes increased in four of the last eight quarters, with growth averaging 2.9%.
- The fastest year-over-year change in Current Taxes over five years came in fiscal Q2 2018 (growth of 107.4%), and the weakest in fiscal Q2 2017 (a decline of 59.3%).
- Business Quant data shows PRGS's Current Taxes at $1.41 million (Q2 2021), $870,000 (Q1 2021) and $1.9 million (Q4 2020) in the three fiscal quarters before Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | - |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | - |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | Progress Software | 1.63 Bn | 1.22 Bn | 208.59 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2021 | 5.48 Mn |
| May 31, 2021 | 1.41 Mn |
| Feb 28, 2021 | 870,000.00 |
| Nov 30, 2020 | 1.90 Mn |
| Aug 31, 2020 | 3.34 Mn |
| May 31, 2020 | 2.44 Mn |
| Feb 29, 2020 | 1.76 Mn |
| Nov 30, 2019 | 1.44 Mn |
| Aug 31, 2019 | 3.76 Mn |
| May 31, 2019 | 3.42 Mn |
| Feb 28, 2019 | 1.23 Mn |
| Nov 30, 2018 | 1.23 Mn |
| Aug 31, 2018 | 2.89 Mn |
| May 31, 2018 | 3.43 Mn |
| Feb 28, 2018 | 1.04 Mn |
| Nov 30, 2017 | 1.17 Mn |
| Aug 31, 2017 | 2.28 Mn |
| May 31, 2017 | 1.65 Mn |
| Feb 28, 2017 | 1.38 Mn |
| Nov 30, 2016 | 1.51 Mn |
Progress Software Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=PRGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();