Oct 14, 9:00 AM ET
Progressive reported September 2026 net income of $630 million, up from $305 million a year earlier, with diluted earnings of $1.08 per share versus $0.52. For the September quarter, net income fell 3% to $2.54 billion and earnings per share fell 2% to $4.37, as pretax realized investment losses offset stronger premium growth.
- September net premiums written rose 2% to $7.26 billion and net premiums earned rose 5% to $7.16 billion.
- September combined ratio was 90.0 versus 100.4 a year earlier; the quarterly combined ratio was 88.7 versus 89.5.
- Quarterly net income was $2.54 billion, down 3% from $2.62 billion; pretax realized losses on securities were $170 million for the quarter, versus $295 million of gains a year earlier.
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Sep 18, 8:38 AM ET
Progressive reported August 2026 results in a news release furnished under Regulation FD. Net premiums written rose 6% to $7,605 million, but net income fell 22% to $951 million and diluted earnings per share fell 21% to $1.63, with the combined ratio rising to 89.3 from 83.1. Shareholders see higher premium volume alongside lower monthly profit, driven by a higher loss and expense ratio.
- Net income was $951 million versus $1,220 million in August 2025, down 22%.
- Diluted earnings per share were $1.63 versus $2.07 a year earlier, down 21%.
- Net premiums written rose 6% to $7,605 million; policies in force reached 40,492 thousand, up 7%.
- Companywide combined ratio was 89.3 versus 83.1, with catastrophe losses from severe weather cited for the month.
Read the filing on SEC.gov ↗
Aug 19, 9:08 AM ET
Progressive reported July 2026 net income of $961 million, down 12% from $1.09 billion a year earlier, with earnings of $1.65 per share versus $1.85. Net premiums written rose 5% to $7.4 billion, but the combined ratio worsened to 86.8 from 85.3, and the company recorded pretax realized losses on securities of $47 million compared with gains of $79 million a year earlier. Year-to-date net income rose to $7.09 billion from $6.83 billion.
- July net premiums written were $7.4 billion, up 5%; net premiums earned were $7.4 billion, also up 5%.
- The July combined ratio was 86.8, up 1.5 points from 85.3 a year earlier.
- July pretax net realized losses on securities were $47 million, compared with gains of $79 million in July 2025.
- Policies in force reached 40.3 million at July 31, 2026, up 7% from a year earlier; August results are due September 18, 2026.
Read the filing on SEC.gov ↗
Aug 10, 4:45 PM ET
Progressive released a report on its Catastrophe Reinsurance Program on August 10, 2026, describing its reinsurance practices and the program it completed placing for June 1, 2026 to May 31, 2027. The Board also declared a quarterly common share dividend of $0.10 per share, payable October 9, 2026, to shareholders of record on October 1, 2026. The filing furnishes the report under Regulation FD and does not report new financial results.
- Quarterly dividend of $0.10 per share declared August 7, 2026; payable October 9, 2026 to holders of record on October 1, 2026
- Property per Occurrence XOL program retention is $300 million for a first event outside Florida and $75 million for a first event in Florida
- Coverage limits, net of retention, are $1.85 billion for a first event outside Florida and $2.19 billion for a first event in Florida
- Program renewed June 1, 2026 and covers losses occurring June 1, 2026 through May 31, 2027
Read the filing on SEC.gov ↗
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