The Progressive Corporation

PGR Financial Insurance Property & Casualty

The Progressive Corporation’s revenue for fiscal 2025 (year ended December 2025) was $87.7 billion, up 16.3% from fiscal 2024.

Revenue
−3.61%
EPS
−1.80%
Free cash flow
−12.3%
Total debt
+21.7%

Quarter to September 2026, against a year earlier

234.92 5.81 +2.54%
Market cap
$133.1B
P/E
11.5×
Fwd P/E
12.4×
Dividend yield
6.07%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Progressive Corporation 10-Q filed Nov 2, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 10:20 AM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 3, 2026: 13 added · 10 removed · 76 modified; 30 with only figures updated

  1. Modified · I. OVERVIEW

    We also reported steady year-over-year maintained growth in both premiums and policies in force , albeit at a more moderate pace than in the third quarter last year, despite increased the continued increase in competition in the marketplace. Companywide net premiums written were $21.122.3 billion, an increase of $1.00.9 billion, or 54%, compared to the secondthird quarter last year, while net premiums earned increased 65%. We also surpassed the 40 million policies Policies in force milestone by adding 0.5 increased 6%, or by 2.4 million more policies during the quarter and ending the second quarter with 2.8 million more policies, compared to September 30, 2025; with policies in force increasing by 0.4 million in force than at June 30, 2025the third quarter 2026.

98 more changes in this Item, word by word, in Powerpack.