Progress Software (PRGS) Deferred Taxes (2009 - 2026)
Progress Software (PRGS) recorded quarterly Deferred Taxes of -$2.3 million in Q1 2026, down 122.18% quarter-over-quarter from $10.5 million in Q4 2025, and down 237.91% on a YoY basis from $1.7 million in Q1 2025.
Progress Software (PRGS) Deferred Taxes (2009 - 2026) Analysis & Trends
Progress Software's Deferred Taxes history runs 18 years deep, the most recent figure standing at -$2.3 million for Q1 2026.
- In Q1 2026, Deferred Taxes fell 237.91% year-over-year to -$2.3 million; the TTM figure through Feb 2026 stood at $19.4 million (up 215.3% YoY), while the FY2025 annual figure was $23.4 million, up 202.31% from the prior year.
- Deferred Taxes was -$2.3 million for Q1 2026 at Progress Software, down from $10.5 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $10.5 million in Q4 2025 to a low of -$7.1 million in Q4 2024.
- Historically, Deferred Taxes has averaged $3.8 million across 5 years, with a median of $4.4 million in 2025.
- Biggest YoY gain for Deferred Taxes was 1163.37% in 2022; the steepest drop was 238.11% in 2022.
- A 5-year view of Deferred Taxes shows it stood at $7.3 million in 2022, then surged by 38.33% to $10.1 million in 2023, then plunged by 170.06% to -$7.1 million in 2024, then jumped by 248.73% to $10.5 million in 2025, then tumbled by 122.18% to -$2.3 million in 2026.
- The last three Deferred Taxes figures came in at -$2.3 million (Q1 2026), $10.5 million (Q4 2025), and $6.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 2.60 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | -627.00 Mn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 5.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | -9.44 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | -11.00 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | -51.78 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -800,000.00 |
| 10 | Progress Software | 1.33 Bn | 1.21 Bn | 203.94 Mn | -2.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -2.34 Mn |
| Nov 30, 2025 | 10.55 Mn |
| Aug 31, 2025 | 6.75 Mn |
| May 31, 2025 | 4.44 Mn |
| Feb 28, 2025 | 1.70 Mn |
| Nov 30, 2024 | -7.09 Mn |
| Aug 31, 2024 | 8.44 Mn |
| May 31, 2024 | 3.11 Mn |
| Feb 29, 2024 | 3.30 Mn |
| Nov 30, 2023 | 10.12 Mn |
| Aug 31, 2023 | 7.49 Mn |
| May 31, 2023 | 4.71 Mn |
| Feb 28, 2023 | 6.32 Mn |
| Nov 30, 2022 | 7.32 Mn |
| Aug 31, 2022 | 2.02 Mn |
| May 31, 2022 | 483,000.00 |
| Feb 28, 2022 | -2.22 Mn |
| Nov 30, 2021 | -688,000.00 |
| Aug 31, 2021 | 891,000.00 |
| May 31, 2021 | 1.36 Mn |