Current Assets
Cash & Equivalents
Progressive Cash & Equivalents increased by 29.6% to $162M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.9%, from $195M to $162M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 10.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026May 4, 2026
How to read this metric
High levels indicate strong liquidity, while consistently low levels may signal potential cash flow pressure or an aggressive investment strategy.
Detailed definition
This includes highly liquid assets such as cash on hand, demand deposits, and short-term investments with original matur...
Peer comparison
Standard liquidity metric across all sectors, though insurance companies maintain specific levels based on expected claim volatility.
Metric ID:
cash_and_equivalentsHistorical 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 | $99.5M | $270.6M | $187.1M | $272.7M | $226.1M | $350.9M | $203.5M | $273.7M | $163.9M | $123.5M | $85M | $155M | $90M | $136M | $143M | $195M | $125M | $173M | $125M | $162M |
| QoQ Change | — | +172.0% | -30.9% | +45.8% | -17.1% | +55.2% | -42.0% | +34.5% | -40.1% | -24.6% | -31.2% | +82.4% | -41.9% | +51.1% | +5.1% | +36.4% | -35.9% | +38.4% | -27.7% | +29.6% |
| YoY Change | — | — | — | — | +127.2% | +29.7% | +8.8% | +0.4% | -27.5% | -64.8% | -58.2% | -43.4% | -45.1% | +10.1% | +68.2% | +25.8% | +38.9% | +27.2% | -12.6% | -16.9% |
Range$85M – $350.9M
CAGR+10.8%
Avg YoY Growth+4.2%
Median YoY Growth+4.6%
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Progressive's cash & equivalents?
- Progressive (PGR) reported cash & equivalents of $162M in Q1 2026.
- How has Progressive's cash & equivalents changed year-over-year?
- Progressive's cash & equivalents decreased by 16.9% year-over-year, from $195M to $162M.
- What is the long-term trend for Progressive's cash & equivalents?
- Over 5 years (2020 to 2025), Progressive's cash & equivalents has grown at a 10.3% compound annual growth rate (CAGR), from $76.5M to $125M.
- What does cash & equivalents mean?
- The most liquid assets held by the company, including cash and short-term investments that can be converted to cash within 90 days.