Revenue
Service revenues
Progressive Service revenues increased by 3.3% to $126.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $111.00M to $126.00M. Over 4 years (FY 2021 to FY 2025), Service revenues shows an upward trend with a 16.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
Growth in this metric indicates successful expansion into service-based business models outside of traditional insurance.
Detailed definition
Revenue derived from providing specialized services that are not directly related to the underwriting of insurance polic...
Peer comparison
Similar to 'Service Revenue' or 'Ancillary Business Revenue' found in diversified financial services firms.
Metric ID:
revenue_non_insurance_service_revenuesHistorical 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 | $74.50M | $73.80M | $69.30M | $67.70M | $80.10M | $82.70M | $69.50M | $72.50M | $81.00M | $81.40M | $75.10M | $84.00M | $107.00M | $117.00M | $105.00M | $111.00M | $133.00M | $138.00M | $122.00M | $126.00M |
| QoQ Change | — | -0.9% | -6.1% | -2.3% | +18.3% | +3.2% | -16.0% | +4.3% | +11.7% | +0.5% | -7.7% | +11.9% | +27.4% | +9.3% | -10.3% | +5.7% | +19.8% | +3.8% | -11.6% | +3.3% |
| YoY Change | — | — | — | — | +7.5% | +12.1% | +0.3% | +7.1% | +1.1% | -1.6% | +8.1% | +15.9% | +32.1% | +43.7% | +39.8% | +32.1% | +24.3% | +17.9% | +16.2% | +13.5% |
Range$67.70M – $138.00M
CAGR+11.7%
Avg YoY Growth+16.9%
Median YoY Growth+14.7%
Service revenues at Other Companies
Frequently Asked Questions
- What is Progressive's service revenues?
- Progressive (PGR) reported service revenues of $126.00M in Q1 2026.
- How has Progressive's service revenues changed year-over-year?
- Progressive's service revenues increased by 13.5% year-over-year, from $111.00M to $126.00M.
- What is the long-term trend for Progressive's service revenues?
- Over 4 years (2021 to 2025), Progressive's service revenues has grown at a 16.7% compound annual growth rate (CAGR), from $271.40M to $504.00M.
- What does service revenues mean?
- Income generated from providing non-insurance business services.