Operating
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
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
Metric ID:
net_income_cfHistorical Data
40 periods
| 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 | $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%
Net Income at Other Companies
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 company's total profit after all expenses and taxes have been paid.