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

Progress Software's Tax Provisions history runs 18 years deep, the most recent figure standing at $7.5 million for Q1 2026.

• In Q1 2026, Tax Provisions rose 217.44% year-over-year to $7.5 million; the TTM figure through Feb 2026 stood at $13.6 million (down 41.34% YoY), while the FY2025 annual figure was $8.5 million, down 67.11% from the prior year.
• Tax Provisions was $7.5 million for Q1 2026 at Progress Software, up from -$3.5 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $11.1 million in Q4 2024 to a low of -$3.5 million in Q4 2025.
• Historically, Tax Provisions has averaged $4.3 million across 5 years, with a median of $5.0 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 137.91% in 2023, then surged 1054.69% in 2024.
• A 5-year view of Tax Provisions shows it stood at $3.1 million in 2022, then sank by 137.91% to -$1.2 million in 2023, then soared by 1054.69% to $11.1 million in 2024, then tumbled by 131.42% to -$3.5 million in 2025, then jumped by 314.36% to $7.5 million in 2026.
• The last three Tax Provisions figures came in at $7.5 million (Q1 2026), -$3.5 million (Q4 2025), and $6.8 million (Q3 2025), per Business Quant data.