For Q1 FY2026 ended March 31, 2026, Progressive reported revenue of $22.188 billion, up 8.7% year-over-year. Net income was $2.818 billion, a 9.8% increase, with diluted EPS of $4.80, up 9.8%. The company had $162 million in cash and $32.039 billion in equity.
•Revenue grew 8.7% YoY to $22.188 billion.
•Net income rose 9.8% YoY to $2.818 billion.
•Diluted EPS increased 9.8% to $4.80.
•Equity stood at $32.039 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
The Progressive is an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters.
It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos.
Its portfolio also includes business-related general liability and commercial property insurance for small businesses, and workers' compensation insurance for the transportation industry
Other specialty property-casualty insurance and provides related services. Its portfolio also includes personal property reinsurance products, and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. Founded in 1937, The Progressive is headquartered in Mayfield, Ohio.
The Progressive Corporation is an insurance company based in the United States. It primarily writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft. Additionally, it offers personal residential property insurance for homeowners and renters. For commercial clients, Progressive provides auto-related liability and physical damage insurance for vehicles such as dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks, and vans. It also sells business-related general liability and commercial property insurance for small businesses, as well as workers' compensation insurance for the transportation industry. The company's portfolio includes other specialty property-casualty insurance and related services, along with personal property reinsurance products. Progressive distributes its products through independent insurance agencies, online, and over the phone.
Where is Progressive (PGR) listed and in what currency?
The Progressive Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol PGR. The company's financials and stock trades are denominated in US Dollars (USD). As a US-based company, it operates in the United States and reports its earnings in USD. Investors trading PGR shares on the NYSE will transact in USD, and the company's market data, including stock price and dividends, is quoted in US Dollars.
What sector and industry does Progressive (PGR) belong to?
The Progressive Corporation operates in the Financial Services sector and is specifically classified under the Insurance - Property & Casualty industry. This means Progressive is a financial services company that provides insurance products covering property damage and liability risks. As a property and casualty insurer, it protects individuals and businesses against financial losses from accidents, theft, natural disasters, and other perils. The company's main focus is on auto insurance, but it also offers coverage for motorcycles, RVs, watercraft, homes, and commercial vehicles, among others.
Where is Progressive (PGR) headquartered and what markets does it serve?
The Progressive Corporation is headquartered in Mayfield, Ohio, United States. Founded in 1937, the company has been serving the US market for over 80 years. Progressive writes insurance primarily in the United States, offering coverage for personal autos, motorcycles, RVs, watercraft, and residential property. It also serves commercial clients with auto-related liability and physical damage insurance for various types of trucks and vans, as well as general liability, commercial property, and workers' compensation insurance for small businesses, particularly in the transportation industry. The company sells its products through independent insurance agencies, online, and over the phone, making its services accessible across the country.
How does Progressive (PGR) generate revenue?
Progressive generates revenue primarily by collecting premiums from policyholders in exchange for insurance coverage. The company writes insurance for personal autos, special lines (motorcycles, RVs, watercraft), personal residential property (homeowners and renters), and commercial auto-related liability and physical damage insurance for vehicles like dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks, and vans. It also offers business-related general liability and commercial property insurance for small businesses, workers' compensation for the transportation industry, and other specialty property-casualty insurance. Additionally, Progressive earns investment income from its investment activities. The company distributes its products through independent insurance agencies, online, and over the phone, which helps attract a broad customer base.