Progress Software PRGS
NASDAQ PRGS
$36.58 -3.39 (-8.48%)
At close: Oct 1, 2026 · 4:00 PM EDT

Progress Software (PRGS) Long-Term Deferred Tax (2009 - 2026)

Updated

Progress Software (PRGS) recorded Long-Term Deferred Tax of $78.3 million in fiscal Q2 2026 (quarter ended May 31, 2026), up 26.2% from $62.05 million a year earlier and up 4.2% from the prior quarter.

Analysis

Progress Software (PRGS) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends

At the end of FY2025 (ended Nov 30, 2025), Progress Software reported Long-Term Deferred Tax of $77.44 million, up 37.8% from FY2024.

  • Annual Long-Term Deferred Tax has increased for four straight fiscal years, with a five-year compound annual growth rate of 39.8% (FY2020 to FY2025).
  • Across earlier fiscal years, Long-Term Deferred Tax came in at $56.18 million in FY2024 (+273.2%), $15.05 million in FY2023 (+27.9%), $11.77 million in FY2022 (+731.4%) and $1.42 million in FY2021 (-90.2%).
  • The fiscal Q2 2026 figure is the highest quarterly Long-Term Deferred Tax in data going back to fiscal Q4 2009.
  • On a year-over-year basis, Long-Term Deferred Tax has increased for nine consecutive quarters, with growth averaging 121.7% over the last eight quarters.
  • Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 731.4% in fiscal Q4 2022, against a decline of 90.2% in fiscal Q4 2021 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at $75.14 million (Q1 2026), $77.44 million (Q4 2025) and $68.82 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Palo Alto Networks 323.81 Bn 308.88 Bn 2.30 Bn
2 CrowdStrike Holdings 271.09 Bn 251.53 Bn 1.10 Bn
3 Fortinet 131.14 Bn 117.07 Bn 1.64 Bn
4 Snowflake 119.71 Bn 107.03 Bn 1.04 Bn
5 Datadog 98.30 Bn 79.94 Bn 881.34 Mn
6 Okta 34.95 Bn 25.05 Bn 641.00 Mn
7 Axon Enterprise 34.32 Bn 28.85 Bn 546.45 Mn
8 Zscaler 32.52 Bn 18.64 Bn -
9 Baidu 29.56 Bn -44.07 Bn 1.47 Mn
10 Progress Software 1.64 Bn 1.21 Bn 203.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Aug 31, 2026 83.83 Mn
May 31, 2026 78.30 Mn
Feb 28, 2026 75.14 Mn
Nov 30, 2025 77.44 Mn
Aug 31, 2025 68.82 Mn
May 31, 2025 62.05 Mn
Feb 28, 2025 57.45 Mn
Nov 30, 2024 56.18 Mn
Aug 31, 2024 41.08 Mn
May 31, 2024 32.63 Mn
Feb 29, 2024 19.27 Mn
Nov 30, 2023 15.05 Mn
Aug 31, 2023 11.75 Mn
May 31, 2023 4.37 Mn
Feb 28, 2023 1.40 Mn
Nov 30, 2022 11.77 Mn
Aug 31, 2022 5.74 Mn
May 31, 2022 4.18 Mn
Feb 28, 2022 3.80 Mn
Nov 30, 2021 1.42 Mn
API Access

Progress Software Long-Term Deferred Tax API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=PRGS&period=max&api_key=YOUR_API_KEY