Free cash flow
Progressive Free cash flow remained flat by 0.0% to $4.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 15.3%, from $5.08B to $4.30B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '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 | $2.28B | $2.28B | $2.28B | $2.28B | $396.90M | $396.90M | $2.43B | $2.43B | $1.33B | $1.33B | $1.92B | $1.92B | $882.60M | $882.60M | $2.41B | $2.41B | $2.25B | $2.25B | $3.38B | $3.38B | $2.36B | $2.36B | $4.19B | $4.19B | $3.20B | $3.20B | $4.55B | $4.55B | $2.90B | $2.90B | $5.08B | $5.08B | $3.94B | $3.94B | $5.13B | $5.13B | $3.05B | $3.05B | $4.30B | $4.30B |
| QoQ Change | — | +0.0% | +0.2% | +0.0% | -82.6% | +0.0% | +512.1% | +0.0% | -45.4% | +0.0% | +44.7% | +0.0% | -54.0% | +0.0% | +172.6% | +0.0% | -6.6% | +0.0% | +50.6% | +0.0% | -30.4% | +0.0% | +77.7% | +0.0% | -23.6% | +0.0% | +42.4% | +0.0% | -36.4% | +0.0% | +75.5% | +0.0% | -22.5% | +0.0% | +30.2% | +0.0% | -40.6% | +0.0% | +41.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -41.7% | -41.7% | -15.9% | -15.9% | +122.4% | +122.4% | -0.9% | -0.9% | +69.4% | +69.4% | +76.3% | +76.3% | +166.8% | +166.8% | +73.9% | +73.9% | +42.3% | +42.3% | +34.6% | +34.6% | +23.0% | +23.0% | +21.5% | +21.5% | +23.1% | +23.1% | +12.6% | +12.6% | +5.2% | +5.2% | -15.3% | -15.3% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Progressive's free cash flow?
- Progressive (PGR) reported free cash flow of $4.30B in Q1 2026.
- How has Progressive's free cash flow changed year-over-year?
- Progressive's free cash flow decreased by 15.3% year-over-year, from $5.08B to $4.30B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.