Progressive (PGR) Operating Income (2023 - 2026)

Progressive (PGR) reported Operating Income of -$10.3 billion for Q1 2026, down 7.24% year-over-year from -$11.1 billion in Q1 2025, and down 116.29% quarter-over-quarter from $63.0 billion in Q4 2025.

Progressive (PGR) Operating Income (2023 - 2026) Analysis & Trends

Progressive (PGR) has 4 years of Operating Income data on file, last reported at -$10.3 billion in Q1 2026.

  • Operating Income for Q1 2026 came in at -$10.3 billion, down 7.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $47.6 billion (up 166.75% YoY), and the FY2025 annual result was $33.7 billion, up 187.82% from the prior year.
  • Operating Income declined to -$10.3 billion in Q1 2026 per PGR's latest filing, from $63.0 billion in the prior quarter.
  • Over five years, Operating Income peaked at $63.0 billion in Q4 2025 and troughed at -$57.3 billion in Q4 2024.
  • A 4-year average of -$9.1 billion and a median of -$10.1 billion in 2023 frame the typical range for Operating Income.
  • On a YoY basis, Operating Income climbed as much as 209.84% in 2025 and fell as far as 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 sank by 116.29% to -$10.3 billion in 2026.
  • Business Quant data shows PGR's Operating Income at -$10.3 billion in Q1 2026, $63.0 billion in Q4 2025, and -$11.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Chubb 127.40 Bn 119.98 Bn 8.64 Bn 1.71 Bn
2 Progressive 119.47 Bn 115.12 Bn 8.36 Bn -10.26 Bn
3 Travelers Companies 65.26 Bn 41.34 Bn 5.54 Bn 1.01 Bn
4 Allstate 57.33 Bn 32.74 Bn 14.72 Bn 938.00 Mn
5 Berkley W R 26.90 Bn 23.16 Bn 2.72 Bn 404.33 Mn
6 Cincinnati Financial 25.67 Bn 24.41 Bn 2.60 Bn 318.00 Mn
7 Markel 22.97 Bn 7.51 Bn 2.38 Bn -273.33 Mn
8 Loews 22.18 Bn 9.92 Bn -1.32 Bn 613.00 Mn
9 Assurant 12.79 Bn 10.87 Bn 2.01 Bn 159.60 Mn
10 Cna Financial 11.84 Bn 4.05 Bn 2.33 Bn 610.00 Mn

Historic Data

Download Data
DateValue
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