Other
Hybrid securities
Progressive Hybrid securities decreased by 2800.0% to -$27.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1000.0%, from $3.00M to -$27.00M. Over 2 years (FY 2021 to FY 2025), Hybrid securities shows an upward trend with a 52.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase in unrealized gains reflects favorable market conditions for the underlying hybrid assets.
Detailed definition
The net change in the fair value of hybrid financial instruments that has not yet been realized through a sale. These in...
Peer comparison
Reported by companies holding complex financial derivatives or structured products.
Metric ID:
other_unrealized_gain_loss_on_hybrid_instrument_netHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.90M | $1.00M | -$7.70M | -$39.00M | -$48.40M | -$11.40M | $13.90M | $4.80M | -$300.00K | $26.60M | $8.00M | $3.00M | $20.00M | $3.00M | $11.00M | $3.00M | $1.00M | -$27.00M |
| QoQ Change | — | -89.9% | -870.0% | -406.5% | -24.1% | +76.4% | +221.9% | -65.5% | -106.3% | >999% | -69.9% | -62.5% | +566.7% | -85.0% | +266.7% | -72.7% | -66.7% | <-999% |
| YoY Change | — | — | — | — | -588.9% | <-999% | +135.6% | +109.9% | +97.4% | — | -42.4% | -37.5% | >999% | -62.5% | +266.7% | -85.0% | — | <-999% |
Range-$48.40M – $26.60M
CAGR+26.6%
Avg YoY Growth+360.0%
Median YoY Growth-40.0%
Current Streak3 quarters decline
Hybrid securities at Other Companies
Frequently Asked Questions
- What is Progressive's hybrid securities?
- Progressive (PGR) reported hybrid securities of -$27.00M in Q1 2026.
- How has Progressive's hybrid securities changed year-over-year?
- Progressive's hybrid securities decreased by 1000.0% year-over-year, from $3.00M to -$27.00M.
- What is the long-term trend for Progressive's hybrid securities?
- Over 2 years (2021 to 2025), Progressive's hybrid securities has grown at a 52.9% compound annual growth rate (CAGR), from -$7.70M to $18.00M.
- What does hybrid securities mean?
- The paper gain or loss on complex financial instruments that combine debt and equity features.