Cost of Revenue
Medical costs
Progressive Medical costs remained flat by 0.0% to $13.83B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $12.80B to $13.83B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A lower ratio of medical costs to premiums (Medical Loss Ratio) generally indicates better underwriting profitability.
Detailed definition
Expenses related to the provision of healthcare services and the settlement of medical claims for insurance policyholder...
Peer comparison
Specific to health insurance providers; not applicable to traditional banking institutions.
Metric ID:
unh_medical_costsHistorical Data
30 periods
| Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q2 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.53B | $9.53B | $9.53B | $9.53B | $9.53B | $9.53B | $9.53B | $9.53B | $12.17B | $12.17B | $11.39B | $11.39B | $10.97B | $10.97B | $12.60B | $12.60B | $12.51B | $12.51B | $12.98B | $12.98B | $12.80B | $12.80B | $13.61B | $13.61B | $13.45B | $13.45B | $14.11B | $14.11B | $13.83B | $13.83B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +27.7% | +0.0% | -6.4% | +0.0% | -3.7% | +0.0% | +14.8% | +0.0% | -0.7% | +0.0% | +3.8% | +0.0% | -1.4% | +0.0% | +6.3% | +0.0% | -1.2% | +0.0% | +4.9% | +0.0% | -2.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +27.7% | +27.7% | +19.5% | +19.5% | — | — | +3.5% | +3.5% | +9.9% | +9.9% | — | — | +16.7% | +16.7% | +8.0% | +8.0% | +7.5% | +7.5% | +8.6% | +8.6% | +8.0% | +8.0% |
Range$9.53B – $14.11B
CAGR+5.3%
Avg YoY Growth+12.2%
Median YoY Growth+8.6%
Medical costs at Other Companies
Frequently Asked Questions
- What is Progressive's medical costs?
- Progressive (PGR) reported medical costs of $13.83B in Q1 2026.
- How has Progressive's medical costs changed year-over-year?
- Progressive's medical costs increased by 8.0% year-over-year, from $12.80B to $13.83B.
- What does medical costs mean?
- The cost of paying for medical services and claims for insurance members.