| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 22.2K | 8.7% |
| Total Income | 22.2K | 8.7% |
| Expenditure | 18.6K | 8.4% |
| PBT | 3.6K | 10.2% |
| Net Profit | 2.8K | 9.8% |
| OPM | — | |
| NPM | 12.70% | 0.12pp |
| EPS | 4.81 | 9.8% |
Progressive Reports March 2026 Results: Net Income Up 36% to $712 million
15 Apr 2026 · 15 Apr, 6:14 pm
Summary
The Progressive Corporation reported its financial results for the month and quarter ended March 31, 2026. Net income for March 2026 was $712 million, a 36% increase compared to the previous year. Net premiums written for March 2026 increased by 10% to $9,911 million. The combined ratio for March 2026 was 88.8. For the quarter ended March 31, 2026, net income increased by 10% to $2,818 million, and net premiums written increased by 6% to $23,641 million.
Key Highlights
- 1
Net premiums written increased by 10% to $9,911 million for the month of March 2026.
- 2
Net premiums earned grew by 11% to $7,519 million for March 2026.
- 3
Net income for March 2026 increased by 36% to $712 million.
- 4
Earnings per share available to common shareholders increased by 37% to $1.21 for March 2026.
- 5
The combined ratio for March 2026 was 88.8, a decrease of 2.1 points compared to March 2025.
- 6
Net premiums written for the quarter ended March 31, 2026, increased by 6% to $23,641 million.
- 7
Net income for the quarter ended March 31, 2026, increased by 10% to $2,818 million.
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