Other
Increase (Decrease) in Premiums Receivable
Progressive Increase (Decrease) in Premiums Receivable increased by 1892.9% to $2.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.8%, from $2.44B to $2.25B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
A significant increase may signal slower cash collection or potential credit risk, while a decrease suggests efficient cash conversion.
Detailed definition
The change in the balance of premiums owed to the company by policyholders or agents that have not yet been collected. T...
Peer comparison
Specific to the insurance industry; compared against total premiums written to assess collection efficiency.
Metric ID:
other_increase_decrease_in_premiums_receivableHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $124.80M | $810.50M | $1.12B | $42.80M | $305.90M | $1.99B | $134.70M | $2.24B | $352.00M | $590.00M | $2.44B | $113.00M | $2.25B |
| QoQ Change | — | +549.4% | +38.1% | -96.2% | +614.7% | +552.0% | -93.2% | >999% | -84.3% | +67.6% | +313.9% | -95.4% | >999% |
| YoY Change | — | — | — | -65.7% | -62.3% | +78.2% | -56.0% | +12.1% | — | +338.0% | +9.3% | -80.8% | -7.8% |
Range$42.80M – $2.44B
CAGR+162.3%
Avg YoY Growth+18.3%
Median YoY Growth-7.8%
Increase (Decrease) in Premiums Receivable at Other Companies
Frequently Asked Questions
- What is Progressive's increase (decrease) in premiums receivable?
- Progressive (PGR) reported increase (decrease) in premiums receivable of $2.25B in Q1 2026.
- How has Progressive's increase (decrease) in premiums receivable changed year-over-year?
- Progressive's increase (decrease) in premiums receivable decreased by 7.8% year-over-year, from $2.44B to $2.25B.
- What does increase (decrease) in premiums receivable mean?
- The change in the amount of money customers owe the company for insurance policies.