The Progressive revenue and financials
$212.05Change from previous close: −0.27%Absolute change: −$0.57
In the fiscal year ended December 2025, The Progressive reported revenue of $87.67B (+16.32% year over year). Net income was $11.31B, a net margin of 12.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +16.32%
- 2025 vs 2024
- Net income growth
- +33.35%
- 2025 vs 2024
- Net margin
- 12.9%
- 2024: 11.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 23,599 | 22,180 | 22,738 | 22,502 | 21,995 | — | — | — | — | — | — | — |
| EBIT | 4,297 | 3,636 | 3,751 | 3,393 | 4,051 | 3,306 | 3,037 | 3,016 | 1,929 | 3,010 | 2,573 | 1,480 |
| EBITDA | 4,379 | 3,711 | 3,834 | 3,474 | 4,130 | 3,376 | 3,113 | 3,086 | 1,997 | 3,080 | 2,646 | 1,551 |
| Interest expense | 88.0 | 70.0 | 69.0 | 70.0 | 69.0 | 70.0 | 70.0 | 70.0 | 69.0 | 70.0 | 69.3 | 69.7 |
| Pre-tax income | 4,209 | 3,566 | 3,682 | 3,323 | 3,982 | 3,236 | 2,967 | 2,946 | 1,860 | 2,940 | 2,504 | 1,410 |
| Income tax | 898 | 748 | 731 | 708 | 807 | 669 | 611 | 612 | 401 | 609 | 515 | 289 |
| Net income | 3,311 | 2,818 | 2,951 | 2,615 | 3,175 | 2,567 | 2,356 | 2,334 | 1,459 | 2,331 | 1,988 | 1,121 |
| Net income to common shareholders | 3,311 | 2,818 | 2,951 | 2,615 | 3,175 | 2,567 | 2,356 | 2,334 | 1,459 | 2,314 | 1,978 | 1,111 |
| Basic EPS | 5.68 | 4.81 | 5.03 | 4.46 | 5.42 | 4.38 | 4.02 | 3.99 | 2.49 | 3.95 | 3.38 | 1.90 |
| Diluted EPS | 5.67 | 4.80 | 5.02 | 4.45 | 5.40 | 4.37 | 4.01 | 3.97 | 2.48 | 3.94 | 3.37 | 1.89 |
| Average shares (basic) | 583 | 586 | 586 | 587 | 586 | 586 | 586 | 586 | 585 | 585 | 585 | 585 |
| Average shares (diluted) | 584 | 587 | 588 | 588 | 588 | 588 | 588 | 588 | 587 | 587 | 588 | 588 |
| Dividend per share | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
