Progress Software (PRGS) Deferred Taxes (2009 - 2026)

Progress Software (PRGS) posted quarterly Deferred Taxes of -$2.3 million for Q1 2026, down 237.91% year-over-year from $1.7 million in Q1 2025, and down 122.18% on a QoQ basis from $10.5 million in Q4 2025.

Progress Software (PRGS) Deferred Taxes (2009 - 2026) Analysis & Trends

Progress Software (PRGS) has reported Deferred Taxes for 18 consecutive years, with -$2.3 million the latest figure, recorded in 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 came in at -$2.3 million for Q1 2026 at Progress Software, down from $10.5 million in the prior quarter.
  • The five-year high for Deferred Taxes was $10.5 million in Q4 2025, with the low at -$7.1 million in Q4 2024.
  • Average Deferred Taxes over 5 years is $3.8 million, with a median of $4.4 million recorded in 2025.
  • The largest YoY upside for Deferred Taxes was 1163.37% in 2022 against a maximum downside of 238.11% in 2022.
  • Year by year, Deferred Taxes stood at $7.3 million in 2022, then surged by 38.33% to $10.1 million in 2023, then sank by 170.06% to -$7.1 million in 2024, then jumped by 248.73% to $10.5 million in 2025, then plunged by 122.18% to -$2.3 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$2.3 million, $10.5 million, and $6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 2.60 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn -1.49 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 5.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -9.44 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -11.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -800,000.00
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn -51.78 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -79.03 Mn
10 Progress Software 1.65 Bn 1.54 Bn 203.94 Mn -2.34 Mn

Historic Data

Download Data
DateValue
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