Current Assets
Restricted Cash
Progressive Restricted Cash increased by 30.8% to $17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.7%, from $12M to $17M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase may indicate higher regulatory requirements or specific contractual obligations, potentially reducing operational flexibility.
Detailed definition
This represents cash balances that are legally or contractually restricted from being used for general corporate purpose...
Peer comparison
Common in regulated industries like insurance where collateralization is frequently required.
Metric ID:
restricted_cashHistorical 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 | $15.1M | $14.9M | $15M | $14.6M | $14.4M | $14.4M | $17.4M | $14.9M | $15.6M | $14.9M | $15M | $13M | $12M | $11M | $11M | $12M | $10M | $12M | $13M | $17M |
| QoQ Change | — | -1.3% | +0.7% | -2.7% | -1.4% | +0.0% | +20.8% | -14.4% | +4.7% | -4.5% | +0.7% | -13.3% | -7.7% | -8.3% | +0.0% | +9.1% | -16.7% | +20.0% | +8.3% | +30.8% |
| YoY Change | — | — | — | — | -4.6% | -3.4% | +16.0% | +2.1% | +8.3% | +3.5% | -13.8% | -12.8% | -23.1% | -26.2% | -26.7% | -7.7% | -16.7% | +9.1% | +18.2% | +41.7% |
Range$10M – $17.4M
CAGR+2.5%
Avg YoY Growth-2.3%
Median YoY Growth-4.0%
Current Streak3 quarters growth
Restricted Cash at Other Companies
Frequently Asked Questions
- What is Progressive's restricted cash?
- Progressive (PGR) reported restricted cash of $17M in Q1 2026.
- How has Progressive's restricted cash changed year-over-year?
- Progressive's restricted cash increased by 41.7% year-over-year, from $12M to $17M.
- What does restricted cash mean?
- Cash that is set aside for specific legal or contractual obligations and cannot be used for day-to-day operations.