Progressive (PGR) Operating Income (2023 - 2026)
Progressive (PGR) reported Operating Income of $4.3 billion for Q2 2026, up 6.1% from $4.05 billion a year earlier and up 18.2% from the prior quarter.
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Analysis
Progressive (PGR) Operating Income (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Operating Income came in at $15.08 billion, up 12.4% year-over-year; for FY2025, it was $14.5 billion, up 31.9% from FY2024.
- Operating Income has increased for three consecutive years, with a three-year compound annual growth rate of 131.7% (FY2022 to FY2025).
- By year, Operating Income came in at $10.99 billion in FY2024 (+112.5%), $5.17 billion in FY2023 (+343.6%) and $1.17 billion in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q2 2023.
- Year over year, Operating Income has now increased in each of the last nine quarters, with growth averaging 36.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Income ranged from 6.1% (Q2 2026) to 284.7% (Q2 2024).
- Per Business Quant data, the three quarters before Q2 2026 came in at $3.64 billion (Q1 2026), $3.75 billion (Q4 2025) and $3.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | 3.61 Bn |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | - |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 1.22 Bn |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | - |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 809.00 Mn |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 4.24 Bn |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | -10.30 Bn |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | -857.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.36 Bn |
| Mar 31, 2026 | -10.26 Bn |
| Dec 31, 2025 | -10.42 Bn |
| Sep 30, 2025 | -10.12 Bn |
| Jun 30, 2025 | -9.62 Bn |
| Mar 31, 2025 | -9.57 Bn |
| Dec 31, 2024 | -10.02 Bn |
| Sep 30, 2024 | -9.56 Bn |
| Jun 30, 2024 | -10.74 Bn |
| Mar 31, 2024 | -8.03 Bn |
| Dec 31, 2023 | -8.97 Bn |
| Sep 30, 2023 | -9.98 Bn |
| Jun 30, 2023 | -11.73 Bn |
API Access
Progressive Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();