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Progress Software (PRGS) Tax Provisions (2016 - 2026)

Progress Software's Tax Provisions history spans 18 years, with the latest figure at $7.5 million for Q1 2026.

  • For Q1 2026, Tax Provisions rose 217.44% year-over-year to $7.5 million; the TTM value through Feb 2026 reached $13.6 million, down 41.34%, while the annual FY2025 figure was $8.5 million, 67.11% down from the prior year.
  • Tax Provisions reached $7.5 million in Q1 2026 per PRGS's latest filing, 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.
  • Average Tax Provisions over 5 years is $4.3 million, with a median of $5.0 million recorded in 2024.
  • Peak YoY movement for Tax Provisions: crashed 137.91% in 2023, then soared 1054.69% in 2024.
  • A 5-year view of Tax Provisions shows it stood at $3.1 million in 2022, then plummeted by 137.91% to -$1.2 million in 2023, then skyrocketed by 1054.69% to $11.1 million in 2024, then crashed by 131.42% to -$3.5 million in 2025, then surged by 314.36% to $7.5 million in 2026.
  • Per Business Quant, the three most recent readings for PRGS's Tax Provisions are $7.5 million (Q1 2026), -$3.5 million (Q4 2025), and $6.8 million (Q3 2025).