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Progressive PGR Service revenues

Service revenues at other companies

Trinet Group logo
Trinet GroupTNET
$1.02B-3.9%
Trinet Group logo
Trinet GroupTNET
$189M-9.6%
Robert Half logo
Robert HalfRHI
$301.79M-5.4%
Robert Half logo
Robert HalfRHI
$470.97M-4.9%
Robert Half logo
Robert HalfRHI
$162.2M+2.4%
Robert Half logo
Robert HalfRHI
$1.04B-7.7%

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 pgr:NonInsuranceServiceRevenues.

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 holding period gains (losses) on securities(216)(213)
Total net realized gains (losses) on securities(120)(212)
Fees and other revenues297287
Service revenues126111
Total revenues22,18820,409
Expenses
Losses and loss adjustment expenses13,82712,804
Policy acquisition costs1,5381,456

Item 1. Financial Statements.

FAQ

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?
Revenue derived from providing specialized services that are not directly related to the underwriting of insurance policies. This reflects the company's efforts to monetize its operational infrastructure or expertise through external service contracts.

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