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

Progress Software has reported Tax Provisions for 18 years, with the latest figure at $7.8 million in 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 was $7.8 million for Q2 2026 at Progress Software, up from $7.5 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 $4.5 million, with a median of $5.2 million recorded in 2022.
• The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 137.91% in 2023, then soared 1054.69% in 2024.
• Over 5 years, Tax Provisions stood at $3.1 million in 2022, then plunged by 137.91% to -$1.2 million in 2023, then jumped by 1054.69% to $11.1 million in 2024, then slumped by 131.42% to -$3.5 million in 2025, then surged by 322.61% to $7.8 million in 2026.
• The last three Tax Provisions figures came in at $7.8 million (Q2 2026), $7.5 million (Q1 2026), and -$3.5 million (Q4 2025), per Business Quant data.