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Progressive (PGR) Operating Expenses (2016 - 2025)

Progressive (PGR) has disclosed Operating Expenses for 17 consecutive years, with -$54.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 414.0% to -$54.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $34.0 million, a 99.96% decrease, with the full-year FY2025 number at $34.0 million, down 99.95% from a year prior.
  • Operating Expenses was -$54.4 billion for Q4 2025 at Progressive, down from $54.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $54.4 billion in Q3 2025 to a low of -$54.4 billion in Q4 2025.
  • A 5-year average of $11.4 billion and a median of $12.5 billion in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 191380.3% in 2022, then crashed 414.0% in 2025.
  • Progressive's Operating Expenses stood at $23.0 billion in 2021, then tumbled by 45.9% to $12.4 billion in 2022, then rose by 15.61% to $14.4 billion in 2023, then rose by 20.3% to $17.3 billion in 2024, then plummeted by 414.0% to -$54.4 billion in 2025.
  • Per Business Quant, the three most recent readings for PGR's Operating Expenses are -$54.4 billion (Q4 2025), $54.4 billion (Q3 2025), and $9.0 million (Q2 2025).