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| Date | Value |
|---|---|
| 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 |