Progressive (PGR) Gross Profit (2023 - 2026)
Progressive (PGR) posted quarterly Gross Profit of $8.4 billion for Q1 2026, up 9.94% YoY from $7.6 billion in Q1 2025, and down 3.24% sequentially from $8.6 billion in Q4 2025.
Progressive (PGR) Gross Profit (2023 - 2026) Analysis & Trends
Progressive has disclosed Gross Profit across 4 years of filings, most recently posting $8.4 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 9.94% year-over-year to $8.4 billion; the TTM figure through Mar 2026 stood at $31.1 billion (up 16.43% YoY), while the FY2025 annual figure was $33.7 billion, up 28.12% from the prior year.
- Gross Profit declined to $8.4 billion in Q1 2026, from $8.6 billion in the prior quarter.
- Over the last five years, Gross Profit for PGR reached as high as $8.6 billion in Q4 2025 and fell as low as $2.0 billion in Q4 2023.
- The 4-year median for Gross Profit is $7.0 billion (2024), against an average of $6.0 billion.
- Annual changes were most pronounced in 2024 — Gross Profit soared 269.32% — and 2025, when it rose 2.7%.
- A 4-year view of Gross Profit shows it stood at $2.0 billion in 2023, then soared by 269.32% to $7.3 billion in 2024, then rose by 18.48% to $8.6 billion in 2025, then fell by 3.24% to $8.4 billion in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $8.4 billion, $8.6 billion, and $7.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.36 Bn |
| Mar 31, 2026 | 8.36 Bn |
| Dec 31, 2025 | 8.64 Bn |
| Dec 31, 2025 | 8.64 Bn |
| Sep 30, 2025 | 7.40 Bn |
| Sep 30, 2025 | 7.40 Bn |
| Jun 30, 2025 | 6.71 Bn |
| Jun 30, 2025 | 6.71 Bn |
| Mar 31, 2025 | 7.61 Bn |
| Mar 31, 2025 | 7.61 Bn |
| Dec 31, 2024 | 7.29 Bn |
| Dec 31, 2024 | 7.29 Bn |
| Sep 30, 2024 | 7.21 Bn |
| Sep 30, 2024 | 7.21 Bn |
| Jun 30, 2024 | 4.61 Bn |
| Jun 30, 2024 | 4.61 Bn |
| Mar 31, 2024 | 5.18 Bn |
| Mar 31, 2024 | 5.18 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Dec 31, 2023 | 1.97 Bn |