Progressive (PGR) Change in Taxes (2012 - 2026)

Progressive (PGR) posted quarterly Change in Taxes of -$589.0 million for Q2 2026, up 29.88% year-over-year from -$453.5 million in Q2 2025, and down 170.96% on a QoQ basis from $830.0 million in Q1 2026.

Progressive (PGR) Change in Taxes (2012 - 2026) Analysis & Trends

Progressive has reported Change in Taxes for 15 years, with the latest figure at -$589.0 million in Q2 2026.

  • Change in Taxes for Q2 2026 came in at -$589.0 million, up 29.88% year-over-year; the trailing twelve-month figure through Jun 2026 was $214.0 million (up 213.23% YoY), and the FY2025 annual result was -$200.0 million, up 44.13% from the prior year.
  • Change in Taxes fell to -$589.0 million in Q2 2026, from $830.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $830.0 million in Q1 2026 and troughed at -$951.0 million in Q2 2024.
  • A 5-year average of -$36.2 million and a median of $22.0 million in 2024 frame the typical range for Change in Taxes.
  • The widest annual swing landed in 2024, when Change in Taxes surged 471.29%; it then plunged 788.89% in 2025.
  • A 5-year view of Change in Taxes shows it stood at $76.6 million in 2022, then soared by 40.21% to $107.4 million in 2023, then slumped by 91.62% to $9.0 million in 2024, then plunged by 788.89% to -$62.0 million in 2025, then slumped by 850.0% to -$589.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$589.0 million in Q2 2026, $830.0 million in Q1 2026, and -$62.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn -132.00 Mn
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn -589.00 Mn
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn -
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn -224.00 Mn
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - 5.73 Bn
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn -
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn -
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn -
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 16.10 Mn
10 Cna Financial 13.81 Bn 6.02 Bn 3.44 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 -589.00 Mn
Jun 30, 2026 -589.00 Mn
Mar 31, 2026 830.00 Mn
Mar 31, 2026 830.00 Mn
Dec 31, 2025 -62.00 Mn
Dec 31, 2025 -62.00 Mn
Sep 30, 2025 35.00 Mn
Sep 30, 2025 35.00 Mn
Jun 30, 2025 -840.00 Mn
Jun 30, 2025 -840.00 Mn
Mar 31, 2025 667.00 Mn
Mar 31, 2025 667.00 Mn
Dec 31, 2024 9.00 Mn
Dec 31, 2024 9.00 Mn
Sep 30, 2024 -25.00 Mn
Sep 30, 2024 -25.00 Mn
Jun 30, 2024 -951.00 Mn
Jun 30, 2024 -951.00 Mn
Mar 31, 2024 609.00 Mn
Mar 31, 2024 609.00 Mn