Progressive (PGR) Operating Expenses (2009 - 2026)

Progressive has reported Operating Expenses for 18 years, with the latest figure at $19.4 billion in Q2 2026.

• Operating Expenses for Q2 2026 came in at $19.4 billion, up 7.65% year-over-year; the trailing twelve-month figure through Jun 2026 was $76.3 billion (up 10.1% YoY), and the FY2025 annual result was $73.4 billion, up 13.59% from the prior year.
• Operating Expenses grew to $19.4 billion in Q2 2026, from $18.6 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $19.4 billion in Q2 2026 and troughed at $11.5 billion in Q1 2022.
• A 5-year average of $15.7 billion and a median of $15.6 billion in 2023 frame the typical range for Operating Expenses.
• The widest annual swing landed in 2023, when Operating Expenses advanced 22.73%; it then grew 4.03% in 2024.
• A 5-year view of Operating Expenses shows it stood at $12.4 billion in 2022, then climbed by 15.61% to $14.4 billion in 2023, then rose by 20.3% to $17.3 billion in 2024, then gained by 10.14% to $19.1 billion in 2025, then rose by 1.76% to $19.4 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $19.4 billion in Q2 2026, $18.6 billion in Q1 2026, and $19.1 billion in Q4 2025.