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

Progress Software's Tax Rate history runs 18 years deep, the most recent figure standing at 26.93% for 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 grew to 26.93% in Q2 2026 per PRGS's latest filing, from 24.69% in the prior quarter.
• Across five years, Tax Rate topped out at 90.64% in Q4 2024 and bottomed at 15.68% in Q4 2025.
• The 5-year median for Tax Rate is 18.79% (2024), against an average of 19.59%.
• Across the five-year window, Tax Rate jumped 9884 bps in 2024 and tumbled 10631 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 11.46% in 2022, then plunged by 172 bps to 8.21% in 2023, then jumped by 1204 bps to 90.64% in 2024, then tumbled by 117 bps to 15.68% in 2025, then surged by 272 bps to 26.93% in 2026.
• Per Business Quant, the three latest PRGS Tax Rate figures stand at 26.93% (Q2 2026), 24.69% (Q1 2026), and 15.68% (Q4 2025).