Growth Metrics

Progressive (PGR) Cost of Revenue (2023 - 2026)

Progressive has reported Cost of Revenue over the past 4 years, most recently at $13.8 billion for Q1 2026.

  • Quarterly Cost of Revenue rose 7.99% to $13.8 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $55.0 billion through Mar 2026, up 8.04% year-over-year, with the annual reading at $54.0 billion for FY2025, 9.99% up from the prior year.
  • Cost of Revenue was $13.8 billion for Q1 2026 at Progressive, down from $14.1 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $14.1 billion in Q4 2025 and troughed at $11.0 billion in Q1 2024.
  • The 4-year median for Cost of Revenue is $12.7 billion (2024), against an average of $12.7 billion.
  • Year-over-year, Cost of Revenue grew 3.49% in 2024 and then increased 16.7% in 2025.
  • A 4-year view of Cost of Revenue shows it stood at $11.5 billion in 2023, then rose by 13.16% to $13.0 billion in 2024, then increased by 8.64% to $14.1 billion in 2025, then decreased by 1.97% to $13.8 billion in 2026.
  • Per Business Quant, the three most recent readings for PGR's Cost of Revenue are $13.8 billion (Q1 2026), $14.1 billion (Q4 2025), and $13.4 billion (Q3 2025).