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
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