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

Progress Software (PRGS) has reported Tax Provisions for 18 consecutive years, with $7.5 million the latest figure, recorded in 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 came in at $7.5 million for Q1 2026 at Progress Software, up from -$3.5 million in the prior quarter.
• The five-year high for Tax Provisions was $11.1 million in Q4 2024, with the low at -$3.5 million in Q4 2025.
• Average Tax Provisions over 5 years is $4.3 million, with a median of $5.0 million recorded in 2024.
• Across the five-year window, Tax Provisions plunged 137.91% in 2023 and surged 1054.69% in 2024, its largest moves.
• Year by year, Tax Provisions stood at $3.1 million in 2022, then slumped by 137.91% to -$1.2 million in 2023, then soared by 1054.69% to $11.1 million in 2024, then plunged by 131.42% to -$3.5 million in 2025, then jumped by 314.36% to $7.5 million in 2026.
• According to Business Quant data, Tax Provisions over the past three periods registered $7.5 million, -$3.5 million, and $6.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.