Other
Depreciation
Progressive Depreciation decreased by 9.6% to $75.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $70.00M to $75.00M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 2.9% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
High depreciation relative to revenue may indicate a capital-intensive business model or significant recent investment in infrastructure.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives. This non-cash expense reflects the wea...
Peer comparison
Standard accounting metric across all capital-intensive industries.
Metric ID:
other_depreciationHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $66.50M | $74.50M | $75.80M | $71.10M | $78.50M | $77.90M | $78.50M | $68.00M | $72.60M | $71.40M | $73.00M | $70.00M | $68.00M | $70.00M | $76.00M | $70.00M | $79.00M | $81.00M | $83.00M | $75.00M |
| QoQ Change | — | +12.0% | +1.7% | -6.2% | +10.4% | -0.8% | +0.8% | -13.4% | +6.8% | -1.7% | +2.2% | -4.1% | -2.9% | +2.9% | +8.6% | -7.9% | +12.9% | +2.5% | +2.5% | -9.6% |
| YoY Change | — | — | — | — | +18.0% | +4.6% | +3.6% | -4.4% | -7.5% | -8.3% | -7.0% | +2.9% | -6.3% | -2.0% | +4.1% | +0.0% | +16.2% | +15.7% | +9.2% | +7.1% |
Range$66.50M – $83.00M
CAGR+2.6%
Avg YoY Growth+2.9%
Median YoY Growth+3.3%
Depreciation at Other Companies
Frequently Asked Questions
- What is Progressive's depreciation?
- Progressive (PGR) reported depreciation of $75.00M in Q1 2026.
- How has Progressive's depreciation changed year-over-year?
- Progressive's depreciation increased by 7.1% year-over-year, from $70.00M to $75.00M.
- What is the long-term trend for Progressive's depreciation?
- Over 4 years (2021 to 2025), Progressive's depreciation has grown at a 2.9% compound annual growth rate (CAGR), from $279.70M to $313.00M.
- What does depreciation mean?
- The annual expense representing the aging and usage of physical assets.