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

Progressive (PGR) has 4 years of Cost of Revenue data on file, last reported at $13.8 billion in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $13.8 billion, up 7.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.0 billion (up 8.04% YoY), and the FY2025 annual result was $54.0 billion, up 9.99% from the prior year.
• Cost of Revenue declined to $13.8 billion in Q1 2026 per PGR's latest filing, 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.
• A 4-year average of $12.7 billion and a median of $12.7 billion in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue grew 3.49% in 2024, 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 advanced by 8.64% to $14.1 billion in 2025, then decreased by 1.97% to $13.8 billion in 2026.
• Business Quant data shows PGR's Cost of Revenue at $13.8 billion in Q1 2026, $14.1 billion in Q4 2025, and $13.4 billion in Q3 2025.