Other
Benefits, Losses and Expenses
Progressive Benefits, Losses and Expenses decreased by 2.3% to $18.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $17.17B to $18.62B. Over 4 years (FY 2021 to FY 2025), Benefits, Losses and Expenses shows an upward trend with a 14.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
A decrease relative to revenue indicates improved operational efficiency and higher underwriting margins.
Detailed definition
The combined total of all operating costs, including claims, loss adjustment expenses, policy acquisition costs, and gen...
Peer comparison
Standard aggregate expense metric for insurance firms.
Metric ID:
other_benefits_losses_and_expensesHistorical 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 | $10.91B | $11.72B | $11.29B | $11.45B | $12.16B | $12.64B | $12.44B | $13.75B | $14.92B | $14.15B | $14.39B | $14.30B | $16.27B | $16.77B | $17.31B | $17.17B | $18.02B | $19.19B | $19.06B | $18.62B |
| QoQ Change | — | +7.5% | -3.7% | +1.4% | +6.1% | +4.0% | -1.5% | +10.5% | +8.5% | -5.1% | +1.7% | -0.6% | +13.8% | +3.1% | +3.2% | -0.8% | +4.9% | +6.5% | -0.7% | -2.3% |
| YoY Change | — | — | — | — | +11.5% | +7.8% | +10.2% | +20.1% | +22.7% | +12.0% | +15.6% | +4.0% | +9.1% | +18.5% | +20.3% | +20.1% | +10.7% | +14.4% | +10.1% | +8.4% |
Range$10.91B – $19.19B
CAGR+11.9%
Avg YoY Growth+13.5%
Median YoY Growth+11.7%
Current Streak2 quarters decline
Benefits, Losses and Expenses at Other Companies
Frequently Asked Questions
- What is Progressive's benefits, losses and expenses?
- Progressive (PGR) reported benefits, losses and expenses of $18.62B in Q1 2026.
- How has Progressive's benefits, losses and expenses changed year-over-year?
- Progressive's benefits, losses and expenses increased by 8.4% year-over-year, from $17.17B to $18.62B.
- What is the long-term trend for Progressive's benefits, losses and expenses?
- Over 4 years (2021 to 2025), Progressive's benefits, losses and expenses has grown at a 14.0% compound annual growth rate (CAGR), from $43.49B to $73.45B.
- What does benefits, losses and expenses mean?
- The total of all costs and expenses incurred by the company.