Progressive Corporation (PGR) Financials
Key financial figures for Progressive Corporation (Q2 2026).
Progressive Q2 2026: premiums and policy growth continue, combined ratio ticks up but stays solidly profitable. Net premiums written grew 5% year over year to $21.08 billion for the quarter (three months ended June 30, 2026); net premiums earned grew 6% to $21.57 billion. The companywide combined ratio was 87.3 for the quarter, up 1.1 points from 86.2 a year ago but still well within underwriting-profitable territory (sub-100). Policies in force reached 40.09 million as of June 30, 2026, up 7% year over year; personal lines policies in force grew 8% to 38.86 million. Figures are for Q2 2026, as The Progressive Corporation reported them.
- Revenue
- $23.6B
- Net Income
- $3.3B
- EPS
- $5.68
- Total Assets
- $124.9B
- Operating Cash Flow
- $3.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $23.6B | $3.3B | $5.67 | 17.82% | $3.5B |
| Q1 FY2026 | $22.2B | $2.8B | $4.80 | 16.08% | $4.3B |
| Q4 FY2025 | $22.7B | $3.0B | $5.02 | 16.19% | $3.0B |
| Q3 FY2025 | $22.5B | $2.6B | $4.45 | 14.76% | $5.1B |
| Q2 FY2025 | $22.0B | $3.2B | $5.40 | 18.1% | $3.9B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $87.6B | $11.3B | $19.23 | 16.23% | $17.2B |
| FY2024 | $75.3B | $8.5B | $14.40 | 14.22% | $14.8B |
| FY2023 | $62.1B | $3.9B | $6.58 | 7.9% | $10.4B |
Frequently asked questions
What was The Progressive Corporation's revenue last quarter?
The Progressive Corporation reported revenue of $23.62 billion for Q2 FY2026, up 7.4% from the same period a year earlier.
Is The Progressive Corporation profitable?
Yes. The Progressive Corporation reported net income of $3.31 billion for Q2 FY2026, a net margin of 14.02% on revenue.
How has The Progressive Corporation's margin trended?
Operating margin was 17.82% in Q2 FY2026, compared with 18.1% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does The Progressive Corporation report next?
The Progressive Corporation is scheduled to report results on 2026-10-21. The company has confirmed that date.
Full income statement, balance sheet and cash flow for Progressive Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.