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

Progress Software's Tax Rate history spans 18 years, with the latest figure at 24.69% for Q1 2026.

  • Quarterly Tax Rate rose 698.0% to 24.69% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 13.81% through Feb 2026, down 1522.0% year-over-year, with the annual reading at 10.41% for FY2025, 1699.0% down from the prior year.
  • Tax Rate came in at 24.69% for Q1 2026, up from 15.68% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 90.64% in Q4 2024 to a low of 15.68% in Q4 2025.
  • The 5-year median for Tax Rate is 18.0% (2024), against an average of 19.16%.
  • Year-over-year, Tax Rate skyrocketed 9884bps in 2024 and then plummeted -10631bps in 2025.
  • Progress Software's Tax Rate stood at 11.46% in 2022, then tumbled by -172bps to 8.21% in 2023, then soared by 1204bps to 90.64% in 2024, then crashed by -117bps to 15.68% in 2025, then skyrocketed by 257bps to 24.69% in 2026.
  • Per Business Quant, the three most recent readings for PRGS's Tax Rate are 24.69% (Q1 2026), 15.68% (Q4 2025), and 25.92% (Q3 2025).