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Progressive Corporation

Progressive CorporationPGREarnings & Financial Report

NYSE · Financials · vehicle insurance

The Progressive Corporation is an American insurance company. Progressive is currently the #2 auto insurer in the United States behind State Farm. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio. The company insures passenger vehicles, motorcycles, recreational vehicles (RVs), trailers, boats, personal water craft (PWC), and commercial vehicles. Progressive also provides home, life, pet, and other types of insurance through select c...

NextMar 3, 2026

PGR Q3 2025 Key Financial Metrics

Revenue

$22.5B

Gross Profit

N/A

Operating Profit

N/A

Net Profit

$2.6B

Gross Margin

N/A

Operating Margin

N/A

Net Margin

11.6%

YoY Growth

14.2%

EPS

$4.45

Financial Flow

Progressive Corporation Q3 2025 Financial Summary

Progressive Corporation reported revenue of $22.5B for Q3 2025, with a net profit of $2.6B (11.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$22.5B
Net Profit$2.6B
Gross MarginN/A
Operating MarginN/A
Report PeriodQ3 2025

Progressive Corporation Annual Revenue by Year

Progressive Corporation annual revenue history includes year-by-year totals (for example, 2024 revenue was $75.4B).

YearAnnual Revenue
2024$75.4B
2023$62.1B
2022$49.6B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$16.89B$17.24B$18.13B$19.72B$20.28B$20.41B$22.00B$22.51B
YoY Growth25.4%20.5%18.1%26.7%20.0%18.4%21.3%14.2%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$88.69B$94.13B$97.89B$105.20B$105.75B$111.41B$115.48B$121.53B
Liabilities$68.41B$72.32B$74.55B$78.04B$80.15B$82.45B$82.88B$86.09B
Equity$20.28B$21.81B$23.34B$27.16B$25.59B$28.95B$32.60B$35.45B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$2.44B$4.24B$3.27B$4.61B$3.01B$5.14B$4.04B$5.20B