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Progressive PGR Increase (Decrease) in Premiums Receivable

Increase (Decrease) in Premiums Receivable at other companies

The Travelers Companies logo
The Travelers CompaniesTRV
$961M+119%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$55.51M-54.8%
Kemper logo
KemperKMPR
-$32.2M
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$304M-10.1%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
-$20.25K-106%
Allstate logo
AllstateALL
$227M+24.0%

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$3.3B+4.3%
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$125.19B-13.7%
P/E10.7×-3.2×

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:IncreaseDecreaseInPremiumsReceivable.

The source filing: Progressive’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 9:59 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000080661-26-000177
Three Months Ended March 31,20262025
Net realized (gains) losses on securities120212
Net (gains) losses on disposition of property and equipment33
Changes in:
Premiums receivable(2,252)(2,442)
Reinsurance recoverables80316
Prepaid reinsurance premiums(1)43
Deferred acquisition costs(87)(107)
Income taxes830667

Item 1. Financial Statements.

FAQ

What is Progressive's increase (decrease) in premiums receivable?
Progressive (PGR) reported increase (decrease) in premiums receivable of $2.25B in Q1 2026.
How has Progressive's increase (decrease) in premiums receivable changed year-over-year?
Progressive's increase (decrease) in premiums receivable decreased by 7.8% year-over-year, from $2.44B to $2.25B.
What does increase (decrease) in premiums receivable mean?
This tracks the change in premiums owed to the company by policyholders or agents that have not yet been collected. An increase indicates that more premiums are outstanding, which can impact short-term liquidity.

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