Progressive (PGR) Net Income (2009 - 2026)

Progressive (PGR) posted quarterly Net Income of $2.8 billion for Q1 2026, up 9.78% YoY from $2.6 billion in Q1 2025, and down 4.51% sequentially from $3.0 billion in Q4 2025.

Progressive (PGR) Net Income (2009 - 2026) Analysis & Trends

Progressive has disclosed Net Income across 18 years of filings, most recently posting $2.8 billion for Q1 2026.

  • In Q1 2026, Net Income rose 9.78% year-over-year to $2.8 billion; the TTM figure through Mar 2026 stood at $11.6 billion (up 32.62% YoY), while the FY2025 annual figure was $11.3 billion, up 33.35% from the prior year.
  • Net Income retreated to $2.8 billion in Q1 2026, from $3.0 billion in the prior quarter.
  • Over the last five years, Net Income for PGR reached as high as $3.2 billion in Q2 2025 and fell as low as -$542.9 million in Q2 2022.
  • The 5-year median for Net Income is $2.0 billion (2023), against an average of $1.6 billion.
  • Annual changes were most pronounced in 2022 — Net Income slumped 168.71% — and 2023, when it surged 803.55%.
  • A 5-year view of Net Income shows it stood at $826.9 million in 2022, then surged by 140.46% to $2.0 billion in 2023, then climbed by 18.49% to $2.4 billion in 2024, then grew by 25.25% to $3.0 billion in 2025, then slipped by 4.51% to $2.8 billion in 2026.
  • According to Business Quant data, Net Income over the past three periods registered $2.8 billion, $3.0 billion, and $2.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn -204.36 Mn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn 2.82 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn 2.35 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn 274.00 Mn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn 1.71 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn 2.46 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn - 1.35 Bn
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn 354.00 Mn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn 93.78 Mn
10 Assurant 13.63 Bn 11.71 Bn 2.01 Bn 274.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.82 Bn
Dec 31, 2025 2.95 Bn
Sep 30, 2025 2.62 Bn
Jun 30, 2025 3.18 Bn
Mar 31, 2025 2.57 Bn
Dec 31, 2024 2.36 Bn
Sep 30, 2024 2.33 Bn
Jun 30, 2024 1.46 Bn
Mar 31, 2024 2.33 Bn
Dec 31, 2023 1.99 Bn
Sep 30, 2023 1.12 Bn
Jun 30, 2023 345.40 Mn
Mar 31, 2023 447.90 Mn
Dec 31, 2022 826.90 Mn
Sep 30, 2022 124.10 Mn
Jun 30, 2022 -542.90 Mn
Mar 31, 2022 313.90 Mn
Dec 31, 2021 962.30 Mn
Sep 30, 2021 118.50 Mn
Jun 30, 2021 790.10 Mn