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. In the quarter to September 2026, revenue fell 3.61%, EPS grew 4.80%, free cash flow fell 12.3% and total debt rose 21.7%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.
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The Progressive Corporation (PGR) Net income
The Progressive Corporation's net income for fiscal 2025 was $11.3B, up 33.3% from $8.5B in fiscal 2024. Over the twelve months to 30 June 2026 it was $11.7B. Over the past ten years it has ranged from $722.0M (fiscal 2022) to $11.3B (fiscal 2025) — the current reading is the highest in ten years. Net income has risen for 3 consecutive fiscal years. The Progressive Corporation ranks 2nd of 45 Insurance Property & Casualty companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $11.3B | 33.35% |
| FY2024 | $8.5B | 117.27% |
| FY2023 | $3.9B | 440.58% |
| FY2022 | $722.0M | (78.45%) |
| FY2021 | $3.4B | (41.26%) |
| FY2020 | $5.7B | 43.33% |
| FY2019 | $4.0B | 51.85% |
| FY2018 | $2.6B | 64.01% |
| FY2017 | $1.6B | 51.16% |
| FY2016 | $1.1B | (18.71%) |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $3.3B | 17.49% |
| Mar 2026 | $2.8B | (4.51%) |
| Dec 2025 | $3.0B | 12.85% |
| Sep 2025 | $2.6B | (17.64%) |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| ALL The Allstate Corporation compare | $13.3B |
| PGR The Progressive Corporation | $11.7B |
| CB Chubb Limited compare | $11.5B |
| TRV The Travelers Companies, Inc. compare | $8.3B |
| CINF Cincinnati Financial Corporation compare | $3.3B |
| MKL Markel Group Inc. compare | $2.3B |
| WRB W.R. Berkley Corporation compare | $1.9B |
| L Loews Corporation compare | $1.8B |
| AIZ Assurant, Inc. compare | $1.1B |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on PGR
- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement