Non-Current Assets
Deferred policy acquisition costs
Progressive Deferred policy acquisition costs increased by 4.3% to $2.13B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $2.07B to $2.13B. Over 5 years (FY 2020 to FY 2025), Deferred policy acquisition costs shows an upward trend with a 10.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase suggests strong growth in new business acquisition, while a decrease may indicate a slowdown in sales or changes in commission structures.
Detailed definition
These are the incremental costs directly related to the successful acquisition of new or renewed insurance policies, suc...
Peer comparison
Standard accounting practice for insurers to match expenses with revenue recognition.
Metric ID:
ins_deferred_policy_acquisition_costsHistorical 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 | $1.36B | $1.43B | $1.36B | $1.41B | $1.50B | $1.59B | $1.54B | $1.63B | $1.69B | $1.73B | $1.69B | $1.82B | $1.94B | $2.03B | $1.96B | $2.07B | $2.11B | $2.16B | $2.04B | $2.13B |
| QoQ Change | — | +5.2% | -5.2% | +3.8% | +6.4% | +5.8% | -2.6% | +5.3% | +3.6% | +2.8% | -2.6% | +7.8% | +6.6% | +4.9% | -3.5% | +5.5% | +2.0% | +2.6% | -5.5% | +4.3% |
| YoY Change | — | — | — | — | +10.1% | +10.8% | +13.9% | +15.6% | +12.5% | +9.3% | +9.2% | +11.8% | +15.0% | +17.3% | +16.2% | +13.8% | +8.9% | +6.5% | +4.2% | +3.0% |
Range$1.36B – $2.16B
CAGR+9.9%
Avg YoY Growth+11.1%
Median YoY Growth+11.3%
Deferred policy acquisition costs at Other Companies
Frequently Asked Questions
- What is Progressive's deferred policy acquisition costs?
- Progressive (PGR) reported deferred policy acquisition costs of $2.13B in Q1 2026.
- How has Progressive's deferred policy acquisition costs changed year-over-year?
- Progressive's deferred policy acquisition costs increased by 3.0% year-over-year, from $2.07B to $2.13B.
- What is the long-term trend for Progressive's deferred policy acquisition costs?
- Over 5 years (2020 to 2025), Progressive's deferred policy acquisition costs has grown at a 10.6% compound annual growth rate (CAGR), from $1.24B to $2.04B.
- What does deferred policy acquisition costs mean?
- Costs incurred to acquire new insurance policies that are spread out over the life of the policy rather than expensed all at once.