Progress Software (PRGS) Deferred Taxes (2009 - 2026)
Progress Software (PRGS) posted quarterly Deferred Taxes of $3.2 million for Q2 2026, down 27.08% year-over-year from $4.4 million in Q2 2025, and up 238.26% quarter-over-quarter from -$2.3 million in Q1 2026.
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 $3.2 million for Q2 2026.
- In Q2 2026, Deferred Taxes fell 27.08% year-over-year to $3.2 million; the TTM figure through May 2026 stood at $18.2 million (up 143.32% YoY), while the FY2025 annual figure was $23.4 million, up 202.31% from the prior year.
- Deferred Taxes for Q2 2026 stood at $3.2 million, up from -$2.3 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.
- The 5-year median for Deferred Taxes is $3.9 million (2024), against an average of $3.8 million.
- Peak annual rise in Deferred Taxes reached 1163.37% in 2022, while the deepest fall reached 238.11% in 2022.
- Progress Software's Deferred Taxes stood at $7.3 million in 2022, then jumped by 38.33% to $10.1 million in 2023, then tumbled by 170.06% to -$7.1 million in 2024, then soared by 248.73% to $10.5 million in 2025, then sank by 69.33% to $3.2 million in 2026.
- Business Quant data shows PRGS's Deferred Taxes at $3.2 million in Q2 2026, -$2.3 million in Q1 2026, and $10.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.65 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -622.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 24.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 14.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -6.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | -51.78 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 61.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 128.57 Mn |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | 3.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 3.23 Mn |
| 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 |