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

Progress Software has reported Tax Rate for 18 years, with the latest figure at 26.93% in Q2 2026.

• On a quarterly basis, Tax Rate rose 1266.0% year-over-year to 26.93% in Q2 2026; TTM through May 2026 was 17.24%, a 1050.0% decrease from a year earlier, with the FY2025 full-year figure at 10.41%, down 1699.0% from the prior year.
• Tax Rate was 26.93% for Q2 2026 at Progress Software, up from 24.69% in the prior quarter.
• The five-year high for Tax Rate was 90.64% in Q4 2024, with the low at 15.68% in Q4 2025.
• Average Tax Rate over 5 years is 19.59%, with a median of 18.79% recorded in 2024.
• The sharpest annual moves came in 2024 and 2025: Tax Rate soared 9884 bps in 2024, then slumped 10631 bps in 2025.
• Over 5 years, Tax Rate stood at 11.46% in 2022, then sank by 172 bps to 8.21% in 2023, then surged by 1204 bps to 90.64% in 2024, then plunged by 117 bps to 15.68% in 2025, then soared by 272 bps to 26.93% in 2026.
• The last three Tax Rate figures came in at 26.93% (Q2 2026), 24.69% (Q1 2026), and 15.68% (Q4 2025), per Business Quant data.