Pre-Tax Income
Progressive Pre-Tax Income remained flat by 0.0% to $3.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $3.24B to $3.57B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
income_before_taxHistorical 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 | $999.20M | $999.20M | $139.00M | $139.00M | $1.20B | $1.20B | $390.20M | $390.20M | -$635.90M | -$635.90M | $142.50M | $142.50M | $1.03B | $1.03B | $554.40M | $554.40M | $435.70M | $435.70M | $1.41B | $1.41B | $2.50B | $2.50B | $2.94B | $2.94B | $1.86B | $1.86B | $2.94B | $2.94B | $2.97B | $2.97B | $3.24B | $3.24B | $3.98B | $3.98B | $3.32B | $3.32B | $3.68B | $3.68B | $3.57B | $3.57B |
| QoQ Change | — | +0.0% | -86.1% | +0.0% | +766.1% | +0.0% | -67.6% | +0.0% | -263.0% | +0.0% | +122.4% | +0.0% | +619.5% | +0.0% | -45.9% | +0.0% | -21.4% | +0.0% | +223.7% | +0.0% | +77.5% | +0.0% | +17.4% | +0.0% | -36.7% | +0.0% | +58.3% | +0.0% | +0.8% | +0.0% | +9.0% | +0.0% | +23.1% | +0.0% | -16.5% | +0.0% | +10.8% | +0.0% | -3.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -163.6% | -163.6% | +2.5% | +2.5% | -14.8% | -14.8% | +42.1% | +42.1% | +168.5% | +168.5% | +889.6% | +889.6% | +144.2% | +144.2% | +430.3% | +430.3% | +327.0% | +327.0% | +108.8% | +108.8% | +18.6% | +18.6% | +10.1% | +10.1% | +114.0% | +114.0% | +12.8% | +12.8% | +24.1% | +24.1% | +10.2% | +10.2% |
Product Breakdown
| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Underwriting operations | $538.50M | $94.30M | $141.60M | -$64.30M | $1.14B | $2.25B | $1.39B | $2.00B |
| Investments | — | — | — | — | — | $767.50M | $551.40M | $1.02B |
| Service businesses | $4.60M | -$100.00K | -$9.80M | -$9.60M | -$10.30M | -$7.90M | -$8.00M | -$9.40M |
| Total | -$635.90M | $142.50M | $554.40M | $435.70M | $1.41B | $2.94B | $1.86B | $2.94B |
Investments Member is derived from annual filings.
Investments, Service businesses, Underwriting operations were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '21 | Q3 '21 | Q2 '22 | Q3 '22 | Q2 '23 | Q3 '23 |
|---|---|---|---|---|---|---|
| Property | $0.00 | $0.00 | -$381.70M | $0.00 | $0.00 | $0.00 |
| Total | $999.20M | $139.00M | -$635.90M | $142.50M | $435.70M | $1.41B |
Property was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Progressive's pre-tax income?
- Progressive (PGR) reported pre-tax income of $3.57B in Q1 2026.
- How has Progressive's pre-tax income changed year-over-year?
- Progressive's pre-tax income increased by 10.2% year-over-year, from $3.24B to $3.57B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.