Company / Income Tax
Progress Software Corporation Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$8.5M
FY2025
5-year range
$8.5M / $25.8M
FY2021-FY2025
Trend
-67.1%
vs FY2024
Sector context
#183 of 288
Information Technology
What the data says
At $8M, Progress Software Corporation's income tax ranks #106 of 288 in the Information Technology sector. Income Tax has fluctuated over the past 10 years, ranging from $2M in FY2019 to $26M in FY2024.
Based on SEC 10-K filings.
$8M in FY2025 with a 5-year CAGR of -12.9%.
Improved from $9M to $8M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -27.4%
- 5-Year CAGR
- -12.9%
- 10-Year CAGR
- -
Sector benchmark
#106 of 288 in Information TechnologyTop 36% of 288This company $8.5M Sector average $287.6M
▼
-97.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -12.9%, indicating a declining trend.
- In FY2025, income tax decreased 67.1% year-over-year.
- Ranks #183 out of 288 companies in the Information Technology sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $8.5M | -67.1% |
| FY2024 | $25.8M | +173.0% |
| FY2023 | $9.5M | -57.4% |
| FY2022 | $22.2M | +29.6% |
| FY2021 | $17.1M | +1.2% |
| FY2020 | $16.9M | +707.3% |
| FY2019 | $2.1M | -81.2% |
| FY2018 | $11.1M | -52.5% |
| FY2017 | $23.4M | +14.7% |
| FY2016 | $20.4M | -3.4% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026