Progressive (PGR) Operating Income (2009 - 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 (2009 - 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 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | -34.72 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 3.61 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 3.32 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 1.22 Bn |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 2.49 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 683.00 Mn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 809.00 Mn |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | -3.00 Mn |
| 10 | Metlife | 64.67 Bn | -43.29 Bn | 9.05 Bn | 5.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.32 Bn |
| Jun 30, 2026 | 4.30 Bn |
| Mar 31, 2026 | 3.64 Bn |
| Dec 31, 2025 | 4.03 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 4.05 Bn |
| Mar 31, 2025 | 4.26 Bn |
| Dec 31, 2024 | 3.04 Bn |
| Sep 30, 2024 | 3.02 Bn |
| Jun 30, 2024 | 1.93 Bn |
| Mar 31, 2024 | 3.01 Bn |
| Dec 31, 2023 | 2.57 Bn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 501.40 Mn |
| Mar 31, 2023 | 617.70 Mn |
| Dec 31, 2022 | 1.09 Bn |
| Sep 30, 2022 | 205.60 Mn |
| Jun 30, 2022 | -572.90 Mn |
| Mar 31, 2022 | 444.50 Mn |
| Dec 31, 2021 | 1.26 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();