Progressive (PGR) Operating Income (2023 - 2026)
Progressive (PGR) posted quarterly Operating Income of -$10.3 billion for Q1 2026, down 7.24% YoY from -$11.1 billion in Q1 2025, and down 116.29% sequentially from $63.0 billion in Q4 2025.
Progressive (PGR) Operating Income (2023 - 2026) Analysis & Trends
Progressive has disclosed Operating Income across 4 years of filings, most recently posting -$10.3 billion for Q1 2026.
- In Q1 2026, Operating Income fell 7.24% year-over-year to -$10.3 billion; the TTM figure through Mar 2026 stood at $47.6 billion (up 166.75% YoY), while the FY2025 annual figure was $33.7 billion, up 187.82% from the prior year.
- Operating Income retreated to -$10.3 billion in Q1 2026, from $63.0 billion in the prior quarter.
- Over the last five years, Operating Income for PGR reached as high as $63.0 billion in Q4 2025 and fell as low as -$57.3 billion in Q4 2024.
- The 4-year median for Operating Income is -$10.1 billion (2023), against an average of -$9.1 billion.
- The widest YoY moves for Operating Income: up 209.84% in 2025, down 263.64% in 2025.
- A 4-year view of Operating Income shows it stood at -$55.2 billion in 2023, then fell by 3.87% to -$57.3 billion in 2024, then jumped by 209.84% to $63.0 billion in 2025, then tumbled by 116.29% to -$10.3 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$10.3 billion, $63.0 billion, and -$11.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | -273.33 Mn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | -10.26 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | 1.71 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | 318.00 Mn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | 1.01 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 938.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | 613.00 Mn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 142.38 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | 159.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.26 Bn |
| Dec 31, 2025 | 62.99 Bn |
| Sep 30, 2025 | -11.79 Bn |
| Jun 30, 2025 | 6.70 Bn |
| Mar 31, 2025 | -9.57 Bn |
| Dec 31, 2024 | -57.35 Bn |
| Sep 30, 2024 | 7.20 Bn |
| Jun 30, 2024 | -11.66 Bn |
| Mar 31, 2024 | -9.13 Bn |
| Dec 31, 2023 | -55.21 Bn |
| Sep 30, 2023 | -9.98 Bn |
| Jun 30, 2023 | -11.73 Bn |