Progress Software (PRGS) Tax Provisions (2009 - 2026)

Progress Software's (PRGS) quarterly Tax Provisions came in at $7.8 million in Q2 2026, up 173.97% year-on-year from $2.8 million in Q2 2025, and up 3.85% quarter-over-quarter from $7.5 million in Q1 2026.

Progress Software (PRGS) Tax Provisions (2009 - 2026) Analysis & Trends

Progress Software's Tax Provisions history runs 18 years deep, the most recent figure standing at $7.8 million for Q2 2026.

  • On a quarterly basis, Tax Provisions rose 173.97% year-over-year to $7.8 million in Q2 2026; TTM through May 2026 was $18.6 million, a 16.1% decrease from a year earlier, with the FY2025 full-year figure at $8.5 million, down 67.11% from the prior year.
  • Tax Provisions rose to $7.8 million in Q2 2026 per PRGS's latest filing, from $7.5 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $11.1 million in Q4 2024 and bottomed at -$3.5 million in Q4 2025.
  • The 5-year median for Tax Provisions is $5.2 million (2022), against an average of $4.5 million.
  • Across the five-year window, Tax Provisions tumbled 137.91% in 2023 and jumped 1054.69% in 2024, its largest moves.
  • Year by year, Tax Provisions stood at $3.1 million in 2022, then tumbled by 137.91% to -$1.2 million in 2023, then soared by 1054.69% to $11.1 million in 2024, then sank by 131.42% to -$3.5 million in 2025, then jumped by 322.61% to $7.8 million in 2026.
  • Per Business Quant, the three latest PRGS Tax Provisions figures stand at $7.8 million (Q2 2026), $7.5 million (Q1 2026), and -$3.5 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 7.56 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -14.25 Mn
3 Oracle 344.13 Bn 312.24 Bn - -555.00 Mn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 12.20 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 117.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -3.60 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 122.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 1.50 Mn
10 Progress Software 1.68 Bn 1.58 Bn 208.59 Mn 7.77 Mn

Historic Data

Download Data
DateValue
May 31, 2026 7.77 Mn
Feb 28, 2026 7.48 Mn
Nov 30, 2025 -3.49 Mn
Aug 31, 2025 6.79 Mn
May 31, 2025 2.84 Mn
Feb 28, 2025 2.36 Mn
Nov 30, 2024 11.10 Mn
Aug 31, 2024 5.82 Mn
May 31, 2024 3.94 Mn
Feb 29, 2024 4.97 Mn
Nov 30, 2023 -1.16 Mn
Aug 31, 2023 1.85 Mn
May 31, 2023 2.52 Mn
Feb 28, 2023 6.25 Mn
Nov 30, 2022 3.07 Mn
Aug 31, 2022 5.89 Mn
May 31, 2022 7.74 Mn
Feb 28, 2022 5.50 Mn
Nov 30, 2021 -727,000.00
Aug 31, 2021 8.53 Mn