Quarterly ResultApr 15, 2026, 08:51 AM
Progressive March Net Income Jumps 36% to $712M
AI Summary
The Progressive Corporation reported strong financial results for March and the first quarter ended March 31, 2026. For March, net income surged 36% to $712 million, with earnings per share climbing 37% to $1.21. Net premiums written for the month increased 10% to $9.911 billion. For the full quarter, net income grew 10% to $2.818 billion, and EPS also rose 10% to $4.80.
Key Highlights
- March net income increased 36% to $712 million.
- March EPS rose 37% to $1.21 per share.
- Quarterly net income grew 10% to $2.818 billion.
- Quarterly EPS increased 10% to $4.80 per share.
- March net premiums written were up 10% to $9.911 billion.