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PGR · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP · $M · vs Q2 2025 · reported 07/15/2026

PGR — Progressive Corporation is a major provider of auto and home insurance in the United States.

More about the company

It is headquartered in Mayfield Village, Ohio, and operates nationwide.

All figures in $M.

Revenue

$23,609

+7.3%

Net income

$3,311

+4.3%

EPS $5.67 vs $5.40

Sankey diagram of PGR earnings report for Q2 2026: revenue, costs and profitPersonal Lines$18,880 · +7.6%premiums earnedCommercial Lines$2,691 · −2.7%premiums earned, plus $2 otherNet PremiumsEarned$21,573 · +6.2%Investment Income$979 · +12.4%Securities Gains*$604 · +56%Fees & Other$453 · +3.9%Total Revenues$23,609 · +7.3%Losses & LAE$14,572 · +7.1%incl. $773 catastrophelossesUnderwritingExpenses$4,576 · +8.9%Other Expenses$252Income BeforeTaxes$4,209 · +5.7%Income Tax$898 · +11.3%Net Income$3,311 · +4.3%EPS $5.67 vs $5.40

Verdict: a good but softer quarter — revenue rose 7.3% to $23,609M and net income 4.3% to $3,311M ($5.67 per share), yet the combined ratio rose to 87.3 from 86.2 as Personal Lines margins narrowed and catastrophe losses grew; $604M of securities gains propped up the bottom line.

Net premiums written $21,077M (+5%) · combined ratio 87.3 vs 86.2 · policies in force 40.1M (+7%) · catastrophe losses $773M vs $707M · June alone: net income $779M (−31%), combined ratio 90.0.

Source and notation

* marks non-cash / ≈ estimated. Source: Progressive monthly and quarterly release, 8-K EX-99, and 10-Q (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. Figures checked against the filing on 10/01/2026. How we make the breakdowns · Report an error

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Company reports

Q3 2026latest breakdownA softer quarter — premiums earned grew 5% to $21,869M and the combined ratio improved to 88.7 from 89.5, but losses and…
Q2 2026A good but softer quarter — revenue rose 7.3% to $23,609M and net income 4.3% to $3,311M ($5.67 per share), yet the…

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