StockWatch
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PROGRESSIVE CORP/OH/ Q3 FY25 Results

PGRQ3 FY25 Results
Filing
MetricValue ($ M)Q2 FY25Q3 FY24
Revenue22.5K2.3%14.2%
Total Income22.5K2.3%14.2%
Expenditure19.2K6.5%14.4%
PBT3.3K16.6%12.8%
Net Profit2.6K17.6%12.1%
OPM
NPM11.62%2.81pp0.22pp
EPS4.4617.7%12.1%
View full financials

Progressive Reports September 2025 Results: Net Income at $305 million

04 May 2026 · 4 May, 9:02 am

Summary

The Progressive Corporation reported its September 2025 results, with net premiums written increasing by 8% to $7,128 million and net premiums earned increasing by 9% to $6,827 million. However, net income decreased by 48% to $305 million compared to September 2024. For the quarter ended September 30, 2025, net premiums written increased by 10% to $21,384 million, and net premiums earned increased by 14% to $20,849 million. Net income for the quarter increased by 12% to $2,615 million, and the combined ratio was 89.5.

Key Highlights

  1. 1

    Net premiums written increased by 8% to $7,128 million for the month of September 2025.

  2. 2

    Net premiums earned grew by 9% to $6,827 million for September 2025.

  3. 3

    Net income for September 2025 was $305 million, a decrease of 48% compared to September 2024.

  4. 4

    Net premiums written for the quarter ended September 30, 2025, increased by 10% to $21,384 million.

  5. 5

    Net premiums earned for the quarter ended September 30, 2025, increased by 14% to $20,849 million.

  6. 6

    Net income for the quarter ended September 30, 2025, increased by 12% to $2,615 million.

  7. 7

    The combined ratio for the quarter ended September 30, 2025, was 89.5, a 0.5 point increase.

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