Progressive (PGR) Net Income (2009 - 2026)
Progressive (PGR) posted quarterly Net Income of $3.3 billion for Q2 2026, up 4.28% year-over-year from $3.2 billion in Q2 2025, and up 17.49% on a QoQ basis from $2.8 billion in Q1 2026.
Progressive (PGR) Net Income (2009 - 2026) Analysis & Trends
Progressive has reported Net Income for 18 years, with the latest figure at $3.3 billion in Q2 2026.
- Net Income for Q2 2026 came in at $3.3 billion, up 4.28% year-over-year; the trailing twelve-month figure through Jun 2026 was $11.7 billion (up 12.11% YoY), and the FY2025 annual result was $11.3 billion, up 33.35% from the prior year.
- Net Income grew to $3.3 billion in Q2 2026, from $2.8 billion in the prior quarter.
- Over five years, Net Income peaked at $3.3 billion in Q2 2026 and troughed at -$542.9 million in Q2 2022.
- A 5-year average of $1.7 billion and a median of $2.2 billion in 2023 frame the typical range for Net Income.
- The widest annual swing landed in 2022, when Net Income plunged 168.71%; it then soared 803.55% in 2023.
- A 5-year view of Net Income shows it stood at $826.9 million in 2022, then soared by 140.46% to $2.0 billion in 2023, then grew by 18.49% to $2.4 billion in 2024, then increased by 25.25% to $3.0 billion in 2025, then grew by 12.2% to $3.3 billion in 2026.
- Per Business Quant data, the three most recent Net Income figures were $3.3 billion in Q2 2026, $2.8 billion in Q1 2026, and $3.0 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.88 Bn | 121.11 Bn | 9.13 Bn | 2.88 Bn |
| 2 | Progressive | 124.62 Bn | 119.62 Bn | 9.04 Bn | 3.31 Bn |
| 3 | Travelers Companies | 79.32 Bn | 55.57 Bn | 4.83 Bn | 2.21 Bn |
| 4 | Allstate | 67.93 Bn | 29.20 Bn | 16.28 Bn | 3.27 Bn |
| 5 | Fairfax Financial Holdings | 35.56 Bn | 35.56 Bn | - | 2.36 Bn |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn | 1.26 Bn |
| 7 | Loews | 23.29 Bn | 990.32 Mn | 2.57 Bn | 471.00 Mn |
| 8 | Markel | 23.19 Bn | 6.30 Bn | 2.83 Bn | 1.19 Bn |
| 9 | Assurant | 14.09 Bn | 12.06 Bn | 2.71 Bn | 298.60 Mn |
| 10 | Cna Financial | 13.88 Bn | 6.10 Bn | 3.44 Bn | 321.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.31 Bn |
| 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 |