What is Progressive's gain on sale of property, plant, and equipment?

Progressive (PGR) reported gain on sale of property, plant, and equipment of -$3.00M in Q1 2026.

What does gain on sale of property, plant, and equipment mean?

The accounting profit recorded when selling assets for more than their book value.

Progressive Gain on sale of property, plant, and equipment remained flat by 0.0% to -$3.00M in Q1 2026 compared to the prior quarter.

StatementCash Flow Statement

SectionOperating

CategoryCapital Allocation

SignalContext dependent

VolatilityVolatile

First reportedQ1 2025

Last reportedQ1 2026May 4, 2026

A large gain may indicate successful asset optimization or divestiture, but it is a non-recurring item.

This reflects the accounting gain recognized from the disposal of property, plant, and equipment that exceeds the asset'...

Common in industrial companies undergoing restructuring or asset portfolio optimization.

Metric ID: adi_gain_on_sale_of_ppe

4 periods

	Q1 '25	Q1 '25	Q1 '26	Q1 '26
Value	-$3.00M	-$3.00M	-$3.00M	-$3.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%
YoY Change	—	—	+0.0%	+0.0%

Range-$3.00M – -$3.00M

Avg YoY Growth+0.0%

Median YoY Growth+0.0%

Current Streak3+ quarters growth

What is Progressive's gain on sale of property, plant, and equipment?: Progressive (PGR) reported gain on sale of property, plant, and equipment of -$3.00M in Q1 2026.
What does gain on sale of property, plant, and equipment mean?: The accounting profit recorded when selling assets for more than their book value.