Progressive (PGR) Gross Profit (2023 - 2026)
Progressive (PGR) reported Gross Profit of $9.04 billion for Q2 2026, up 7.6% from $8.4 billion a year earlier and up 8.1% from the prior quarter.
Progressive (PGR) Gross Profit (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Gross Profit came in at $35.11 billion, up 15.1% year-over-year; for FY2025, it came in at $33.71 billion, up 28.1% from FY2024.
- Gross Profit has increased for three consecutive years, with a three-year compound annual growth rate of 43.2% (FY2022 to FY2025).
- By year, Gross Profit came in at $26.31 billion in FY2024 (+59.9%), $16.45 billion in FY2023 (+43.2%) and $11.49 billion in FY2022.
- Five-year quarterly Gross Profit spans a low of $3.18 billion in Q2 2023 and a high of $9.07 billion in Q3 2025.
- Year over year, Gross Profit has now increased in each of the last nine quarters, with growth averaging 30.3% over the last eight quarters.
- The year-over-year growth in Gross Profit has ranged between 7.6% (Q2 2026) and 74.0% (Q2 2024) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.36 billion (Q1 2026), $8.64 billion (Q4 2025) and $9.07 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.30 Bn | 80.89 Bn | 9.13 Bn |
| 2 | Progressive | 130.32 Bn | 106.15 Bn | 9.04 Bn |
| 3 | Marsh & Mclennan Companies | 85.17 Bn | 76.66 Bn | - |
| 4 | Travelers Companies | 78.40 Bn | 54.65 Bn | 6.23 Bn |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - |
| 6 | Metlife | 64.41 Bn | -42.37 Bn | 7.82 Bn |
| 7 | Allstate | 60.46 Bn | 21.73 Bn | 8.73 Bn |
| 8 | Arthur J. Gallagher | 60.04 Bn | 54.44 Bn | - |
| 9 | Aon | 58.69 Bn | 51.91 Bn | - |
| 10 | Aflac | 58.66 Bn | 33.88 Bn | 2.27 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.04 Bn |
| Mar 31, 2026 | 8.36 Bn |
| Dec 31, 2025 | 8.64 Bn |
| Sep 30, 2025 | 9.07 Bn |
| Jun 30, 2025 | 8.40 Bn |
| Mar 31, 2025 | 7.61 Bn |
| Dec 31, 2024 | 7.29 Bn |
| Sep 30, 2024 | 7.21 Bn |
| Jun 30, 2024 | 5.54 Bn |
| Mar 31, 2024 | 6.27 Bn |
| Dec 31, 2023 | 5.42 Bn |
| Sep 30, 2023 | 4.17 Bn |
| Jun 30, 2023 | 3.18 Bn |
Progressive Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();