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Progressive PGR Increase (Decrease) in Deferred Policy Acquisition Costs

Increase (Decrease) in Deferred Policy Acquisition Costs at other companies

Kemper logo
KemperKMPR
$13.9M-34.4%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$2.14M-68.9%
The Travelers Companies logo
The Travelers CompaniesTRV
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
HCI Group logo
HCI GroupHCI

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$124.32B-12.0%
P/E10.6×-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:IncreaseDecreaseInDeferredPolicyAcquisitionCosts.

The official record: Progressive’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progressive's increase (decrease) in deferred policy acquisition costs?
Progressive (PGR) reported increase (decrease) in deferred policy acquisition costs of $87M in Q1 2026.
How has Progressive's increase (decrease) in deferred policy acquisition costs changed year-over-year?
Progressive's increase (decrease) in deferred policy acquisition costs decreased by 18.7% year-over-year, from $107M to $87M.
What does increase (decrease) in deferred policy acquisition costs mean?
The net change in capitalized costs directly related to the acquisition of new or renewed insurance policies, such as commissions and underwriting fees. These costs are deferred and amortized over the life of the policy.