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| 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 |