Other
Service expenses
Progressive Service expenses increased by 2.3% to $131.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $117.00M to $131.00M. Over 4 years (FY 2021 to FY 2025), Service expenses shows an upward trend with a 20.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase in these expenses should ideally be matched by a proportional increase in service revenues to maintain or improve segment margins.
Detailed definition
Operating expenses directly attributable to the delivery of non-insurance services. This metric allows for the isolation...
Peer comparison
Comparable to 'Operating Expenses' for non-core business segments in diversified financial firms.
Metric ID:
other_non_insurance_service_expensesHistorical 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 | $67.90M | $72.80M | $62.80M | $63.20M | $75.50M | $82.80M | $75.50M | $82.30M | $90.60M | $91.70M | $84.40M | $92.00M | $115.00M | $126.00M | $113.00M | $117.00M | $139.00M | $144.00M | $128.00M | $131.00M |
| QoQ Change | — | +7.2% | -13.7% | +0.6% | +19.5% | +9.7% | -8.8% | +9.0% | +10.1% | +1.2% | -8.0% | +9.0% | +25.0% | +9.6% | -10.3% | +3.5% | +18.8% | +3.6% | -11.1% | +2.3% |
| YoY Change | — | — | — | — | +11.2% | +13.7% | +20.2% | +30.2% | +20.0% | +10.7% | +11.8% | +11.8% | +26.9% | +37.4% | +33.9% | +27.2% | +20.9% | +14.3% | +13.3% | +12.0% |
Range$62.80M – $144.00M
CAGR+14.8%
Avg YoY Growth+19.7%
Median YoY Growth+17.1%
Service expenses at Other Companies
Frequently Asked Questions
- What is Progressive's service expenses?
- Progressive (PGR) reported service expenses of $131.00M in Q1 2026.
- How has Progressive's service expenses changed year-over-year?
- Progressive's service expenses increased by 12.0% year-over-year, from $117.00M to $131.00M.
- What is the long-term trend for Progressive's service expenses?
- Over 4 years (2021 to 2025), Progressive's service expenses has grown at a 20.2% compound annual growth rate (CAGR), from $252.80M to $528.00M.
- What does service expenses mean?
- The costs incurred to provide non-insurance services.