Net Income

Net Income

Progressive Net Income remained flat by 0.0% to $2.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $2.57B to $2.82B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Higher values indicate greater profitability and financial health, directly impacting shareholder value.

Detailed definition

The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...

Peer comparison

The most common metric for evaluating company performance against industry competitors.

Metric ID: net_income

Historical Data

40 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q4 '25Q4 '25Q1 '26Q1 '26
Value$790.10M$790.10M$118.50M$118.50M$962.30M$962.30M$313.90M$313.90M-$542.90M-$542.90M$124.10M$124.10M$826.40M$826.40M$447.90M$447.90M$345.40M$345.40M$1.12B$1.12B$1.99B$1.99B$2.33B$2.33B$1.46B$1.46B$2.33B$2.33B$2.36B$2.36B$2.57B$2.57B$3.18B$3.18B$2.62B$2.62B$2.95B$2.95B$2.82B$2.82B
QoQ Change+0.0%-85.0%+0.0%+712.1%+0.0%-67.4%+0.0%-273.0%+0.0%+122.9%+0.0%+565.9%+0.0%-45.8%+0.0%-22.9%+0.0%+224.6%+0.0%+77.3%+0.0%+17.3%+0.0%-37.4%+0.0%+60.0%+0.0%+1.0%+0.0%+8.9%+0.0%+23.7%+0.0%-17.6%+0.0%+12.8%+0.0%-4.5%+0.0%
YoY Change-168.7%-168.7%+4.7%+4.7%-14.1%-14.1%+42.7%+42.7%+163.6%+163.6%+803.5%+803.5%+140.5%+140.5%+420.5%+420.5%+322.3%+322.3%+108.1%+108.1%+18.5%+18.5%+10.1%+10.1%+117.7%+117.7%+12.1%+12.1%+25.2%+25.2%+9.8%+9.8%
Range-$542.90M$3.18B
CAGR+13.9%
Avg YoY Growth+126.0%
Median YoY Growth+34.0%

Frequently Asked Questions

What is Progressive's net income?
Progressive (PGR) reported net income of $2.82B in Q1 2026.
How has Progressive's net income changed year-over-year?
Progressive's net income increased by 9.8% year-over-year, from $2.57B to $2.82B.
What does net income mean?
The total profit remaining after all costs, expenses, and taxes have been paid.