Progressive PGR
NYSE PGR
$223.62 +2.24 (+1.01%)
As of: Sep 3, 2026 · 10:45 AM EDT

Progressive (PGR) Operating Income (2023 - 2026)

Progressive (PGR) posted quarterly Operating Income of -$10.4 billion for Q2 2026, down 7.69% year-over-year from -$11.2 billion in Q2 2025, and down 0.99% on a QoQ basis from -$10.3 billion in Q1 2026.

Analysis

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

Progressive has reported Operating Income for 4 years, with the latest figure at -$10.4 billion in Q2 2026.

  • Operating Income for Q2 2026 came in at -$10.4 billion, down 7.69% year-over-year; the trailing twelve-month figure through Jun 2026 was -$41.2 billion (down 6.19% YoY), and the FY2025 annual result was -$39.7 billion, down 3.62% from the prior year.
  • Operating Income slipped to -$10.4 billion in Q2 2026, from -$10.3 billion in the prior quarter.
  • Over five years, Operating Income peaked at -$8.0 billion in Q1 2024 and troughed at -$11.7 billion in Q2 2023.
  • A 4-year average of -$10.0 billion and a median of -$10.0 billion in 2024 frame the typical range for Operating Income.
  • The largest YoY upside for Operating Income was 10.36% in 2025 against a maximum downside of 19.12% in 2025.
  • A 4-year view of Operating Income shows it stood at -$9.0 billion in 2023, then dropped by 11.67% to -$10.0 billion in 2024, then decreased by 4.06% to -$10.4 billion in 2025, then grew by 0.58% to -$10.4 billion in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$10.4 billion in Q2 2026, -$10.3 billion in Q1 2026, and -$10.4 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Chubb 133.98 Bn 120.21 Bn 9.13 Bn 1.76 Bn
2 Progressive 130.39 Bn 125.39 Bn 9.04 Bn -10.36 Bn
3 Travelers Companies 78.49 Bn 54.74 Bn 6.23 Bn 1.07 Bn
4 Allstate 67.51 Bn 28.78 Bn 16.28 Bn 1.01 Bn
5 Fairfax Financial Holdings 36.25 Bn 36.25 Bn - -
6 Cincinnati Financial 26.85 Bn 24.96 Bn 2.39 Bn 319.00 Mn
7 Markel 23.09 Bn 6.21 Bn 2.83 Bn 1.56 Bn
8 Loews 22.56 Bn 256.68 Mn 2.57 Bn 761.00 Mn
9 Assurant 14.25 Bn 12.21 Bn 2.71 Bn 142.40 Mn
10 Cna Financial 13.25 Bn 5.46 Bn 3.44 Bn 701.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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