Progressive (PGR) Operating Income (2023 - 2026)
Progressive's (PGR) quarterly Operating Income came in at -$10.4 billion in Q2 2026, down 7.69% year-over-year from -$11.2 billion in Q2 2025, and down 0.99% quarter-over-quarter from -$10.3 billion in Q1 2026.
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Analysis
Progressive (PGR) Operating Income (2023 - 2026) Analysis & Trends
Progressive (PGR) has reported Operating Income for 4 consecutive years, with -$10.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 7.69% year-over-year to -$10.4 billion in Q2 2026; TTM through Jun 2026 was -$41.2 billion, a 6.19% decrease from a year earlier, with the FY2025 full-year figure at -$39.7 billion, down 3.62% from the prior year.
- Operating Income was -$10.4 billion for Q2 2026 at Progressive, down 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 widest YoY moves for Operating Income: up 10.36% in 2025, down 19.12% in 2025.
- Over 4 years, Operating Income stood at -$9.0 billion in 2023, then decreased by 11.67% to -$10.0 billion in 2024, then fell by 4.06% to -$10.4 billion in 2025, then advanced by 0.58% to -$10.4 billion in 2026.
- The last three Operating Income figures came in at -$10.4 billion (Q2 2026), -$10.3 billion (Q1 2026), and -$10.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,085.11 Bn | 760.40 Bn | 55.86 Bn | -30.21 Bn |
| 2 | Chubb | 129.51 Bn | 121.21 Bn | 9.13 Bn | 1.76 Bn |
| 3 | Progressive | 120.30 Bn | 115.30 Bn | 9.04 Bn | -10.36 Bn |
| 4 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 1.90 Bn |
| 5 | Travelers Companies | 75.54 Bn | 51.79 Bn | 6.23 Bn | 1.07 Bn |
| 6 | Manulife Financial | 75.22 Bn | 76.43 Bn | - | 7.44 Bn |
| 7 | Metlife | 61.21 Bn | 34.19 Bn | 7.82 Bn | 6.70 Bn |
| 8 | Aon | 60.67 Bn | 59.43 Bn | - | 915.00 Mn |
| 9 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | - |
| 10 | Allstate | 58.28 Bn | 19.52 Bn | 16.28 Bn | 1.01 Bn |
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();