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

Progress Software's Tax Rate history runs 18 years deep, the most recent figure standing at 24.69% for Q1 2026.

• In Q1 2026, Tax Rate rose 698.0% year-over-year to 24.69%; the TTM figure through Feb 2026 stood at 13.81% (down 1522.0% YoY), while the FY2025 annual figure was 10.41%, down 1699.0% from the prior year.
• Tax Rate was 24.69% for Q1 2026 at Progress Software, 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.
• Historically, Tax Rate has averaged 19.16% across 5 years, with a median of 18.0% in 2024.
• The sharpest annual moves came in 2024 and 2025: Tax Rate surged 9884 bps in 2024, then tumbled 10631 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 11.46% in 2022, then slumped by 172 bps to 8.21% in 2023, then jumped by 1204 bps to 90.64% in 2024, then sank by 117 bps to 15.68% in 2025, then surged by 257 bps to 24.69% in 2026.
• The last three Tax Rate figures came in at 24.69% (Q1 2026), 15.68% (Q4 2025), and 25.92% (Q3 2025), per Business Quant data.