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Progressive PGR Net Income

Net Income at other companies

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$2.21B+46.3%
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$129.39M+50.5%
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-$464.8M-740%
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$1.3B+30.5%
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Universal Insurance HoldingsUVE
$59.19M+68.7%

Other financials

Income statement

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Revenue$22.2B+8.7%
EPS (diluted)$4.80+9.8%

Balance sheet

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Cash & equivalents$162.0M-16.9%
Total debt$8.4B+21.6%
Total equity$34.3B+5.3%
Total assets$124.93B+8.2%

Cash flow

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Operating cash flow$4.4B-15.1%
CapEx$63.0M+6.8%
Free cash flow$4.3B-15.3%

Valuation

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Market cap$122.44B-14.2%
P/E10.5×-2.9×

Profitability

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Net margin12.9%+1.8pp
FCF margin18.4%-1.7pp

Returns & leverage

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Return on equity34.9%-2.4pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Progressive’s 8-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 9:50 AM EDT
Accession
0000080661-26-000262

FAQ

What is Progressive's net income?
Progressive (PGR) reported net income of $3.31B in Q2 2026.
How has Progressive's net income changed year-over-year?
Progressive's net income increased by 4.3% year-over-year, from $3.18B to $3.31B.
What is the long-term trend for Progressive's net income?
Over 4 years (2021 to 2025), Progressive's net income has grown at a 35.5% compound annual growth rate (CAGR), from $3.35B to $11.31B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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