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

Progressive has reported Cost of Revenue for 4 years, with the latest figure at $14.6 billion in Q2 2026.

• Cost of Revenue for Q2 2026 came in at $14.6 billion, up 7.11% year-over-year; the trailing twelve-month figure through Jun 2026 was $55.9 billion (up 7.8% YoY), and the FY2025 annual result was $54.0 billion, up 9.99% from the prior year.
• Cost of Revenue climbed to $14.6 billion in Q2 2026, from $13.8 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $14.6 billion in Q2 2026 and troughed at $11.0 billion in Q1 2024.
• A 4-year average of $12.8 billion and a median of $12.8 billion in 2025 frame the typical range for Cost of Revenue.
• The widest annual swing landed in 2024, when Cost of Revenue advanced 3.49%; it then climbed 16.7% in 2025.
• A 4-year view of Cost of Revenue shows it stood at $11.5 billion in 2023, then gained by 13.16% to $13.0 billion in 2024, then climbed by 8.64% to $14.1 billion in 2025, then advanced by 3.31% to $14.6 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $14.6 billion in Q2 2026, $13.8 billion in Q1 2026, and $14.1 billion in Q4 2025.