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Amortization - IntangiblesConsolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRestructuring CostsRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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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.

  • For Q1 2026, Tax Rate rose 698.0% year-over-year to 24.69%; the TTM value through Feb 2026 reached 13.81%, down 1522.0%, while the annual FY2025 figure was 10.41%, 1699.0% down from the prior year.
  • Tax Rate reached 24.69% in Q1 2026 per PRGS's latest filing, 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.
  • Average Tax Rate over 5 years is 19.16%, with a median of 18.0% recorded in 2024.
  • Peak YoY movement for Tax Rate: soared 9884bps in 2024, then crashed -10631bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 11.46% in 2022, then plummeted by -172bps to 8.21% in 2023, then surged by 1204bps to 90.64% in 2024, then tumbled by -117bps to 15.68% in 2025, then soared 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).