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Progress Software (PRGS) Tax Rate: 2009-2025

Historic Tax Rate for Progress Software (PRGS) over the last 15 years, with Aug 2025 value amounting to 25.92%.

  • Progress Software's Tax Rate rose 896.00% to 25.92% in Q3 2025 from the same period last year, while for Aug 2025 it was 32.23%, marking a year-over-year increase of 1814.00%. This contributed to the annual value of 27.40% for FY2024, which is 1552.00% up from last year.
  • According to the latest figures from Q3 2025, Progress Software's Tax Rate is 25.92%, which was up 81.62% from 14.27% recorded in Q2 2025.
  • Over the past 5 years, Progress Software's Tax Rate peaked at 90.64% during Q4 2024, and registered a low of 8.85% during Q3 2023.
  • For the 3-year period, Progress Software's Tax Rate averaged around 25.01%, with its median value being 17.85% (2024).
  • Per our database at Business Quant, Progress Software's Tax Rate slumped by 1,241bps in 2023 and then soared by 896bps in 2025.
  • Over the past 5 years, Progress Software's Tax Rate (Quarterly) stood at 21.59% in 2021, then crashed by 33bps to 11.46% in 2022, then tumbled by 1,241bps to 8.85% in 2023, then skyrocketed by 811bps to 90.64% in 2024, then surged by 896bps to 25.92% in 2025.
  • Its Tax Rate stands at 25.92% for Q3 2025, versus 14.27% for Q2 2025 and 17.71% for Q1 2025.