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Progressive (PGR) Operating Expenses (2016 - 2026)

Progressive has reported Operating Expenses over the past 18 years, most recently at $18.6 billion for Q1 2026.

  • Quarterly Operating Expenses rose 8.44% to $18.6 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$16.5 billion through Mar 2026, down 116.85% year-over-year, with the annual reading at $34.0 million for FY2025, 99.95% down from the prior year.
  • Operating Expenses was $18.6 billion for Q1 2026 at Progressive, up from -$54.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $64.6 billion in Q4 2024 and troughed at -$54.4 billion in Q4 2025.
  • The 5-year median for Operating Expenses is $14.2 billion (2023), against an average of $12.1 billion.
  • Year-over-year, Operating Expenses surged 866357.58% in 2023 and then crashed 184.08% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $6.6 million in 2022, then surged by 866357.58% to $57.2 billion in 2023, then grew by 13.03% to $64.6 billion in 2024, then crashed by 184.08% to -$54.4 billion in 2025, then skyrocketed by 134.26% to $18.6 billion in 2026.
  • Per Business Quant, the three most recent readings for PGR's Operating Expenses are $18.6 billion (Q1 2026), -$54.4 billion (Q4 2025), and $19.2 billion (Q3 2025).