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Progressive PGR Service revenues

Service revenues at other companies

Rollins logo
RollinsROL
$6.12M+3.1%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$22M+10.0%
Centene logo
CenteneCNC
$768M-1.2%
The Travelers Companies logo
The Travelers CompaniesTRV
$121M+1.7%
PG&E logo
PG&EPCG
$48.5M+32.9%
Markel logo
MarkelMKL
$673.41M+1.9%

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$2.8B+9.8%
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$32.0B+10.7%
Total assets$122.21B+9.7%

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$119.28B-30.1%
Enterprise value$127.5B-28.1%
P/E10.3×-9.3×
P/S1.3×-0.8×

Profitability

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Net margin12.9%+1.8pp

Returns & leverage

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Return on equity37.9%+3.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept pgr:NonInsuranceServiceRevenues.

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 service revenues?
Progressive (PGR) reported service revenues of $126M in Q1 2026.
How has Progressive's service revenues changed year-over-year?
Progressive's service revenues increased by 13.5% year-over-year, from $111M to $126M.
What is the long-term trend for Progressive's service revenues?
Over 4 years (2021 to 2025), Progressive's service revenues has grown at a 16.7% compound annual growth rate (CAGR), from $271.4M to $504M.
What does service revenues mean?
Income generated from providing non-insurance business services.
How do you interpret service revenues?
Growth in this metric indicates successful expansion into service-based business models outside of traditional insurance.
How does service revenues compare across companies?
Similar to 'Service Revenue' or 'Ancillary Business Revenue' found in diversified financial services firms.