Operating Expenses

Share-Based Compensation (Operating)

Progressive Share-Based Compensation (Operating) remained flat by 0.0% to $33.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $30.50M to $33.00M. Over 2 years (FY 2023 to FY 2025), Share-Based Compensation (Operating) shows relatively stable performance with a 4.4% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025Mar 2, 2026

How to read this metric

An increase may signal higher investment in talent retention, while a decrease could indicate reduced reliance on equity incentives.

Detailed definition

This metric measures the expense recognized for equity-based awards granted to employees, excluding costs directly tied...

Peer comparison

Commonly reported as a non-GAAP adjustment or within operating expenses across most public companies.

Metric ID: ibm_share_based_compensation_operating

Historical Data

3 years
 FY'23FY'24FY'25
Value$121.00M$122.00M$132.00M
YoY Change+0.8%+8.2%
Range$121.00M$132.00M
CAGR+4.4%
Avg YoY Growth+4.5%
Median YoY Growth+4.5%
Current Streak2+ years growth

Share-Based Compensation (Operating) at Other Companies

Frequently Asked Questions

What is Progressive's share-based compensation (operating)?
Progressive (PGR) reported share-based compensation (operating) of $33.00M in Q4 2025.
How has Progressive's share-based compensation (operating) changed year-over-year?
Progressive's share-based compensation (operating) increased by 8.2% year-over-year, from $30.50M to $33.00M.
What is the long-term trend for Progressive's share-based compensation (operating)?
Over 2 years (2023 to 2025), Progressive's share-based compensation (operating) has grown at a 4.4% compound annual growth rate (CAGR), from $121.00M to $132.00M.
What does share-based compensation (operating) mean?
The recurring operating expense associated with equity-based compensation for employees.