Progress Software (PRGS) Long-Term Deferred Tax (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "PRGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=PRGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();