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

Progress Software (PRGS) has reported Tax Rate for 18 consecutive years, with 24.69% the latest figure, recorded in 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 came in at 24.69% for Q1 2026 at Progress Software, up from 15.68% 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 19.16%, with a median of 18.0% recorded in 2024.
• Across the five-year window, Tax Rate surged 9884 bps in 2024 and plunged 10631 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 11.46% in 2022, then tumbled by 172 bps to 8.21% in 2023, then jumped by 1204 bps to 90.64% in 2024, then slumped by 117 bps to 15.68% in 2025, then surged by 257 bps to 24.69% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 24.69%, 15.68%, and 25.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.