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AI brief of an SEC Form 8-K · Progressive (PGR)

Progressive February net income rises 2% to $943 million; combined ratio 85.7

Mixed Impact 3 of 5 earnings Written later

Progressive reported February 2026 results in a news release furnished under Item 7.01, covering the month ended February 28, 2026. Net income rose 2% to $943 million and earnings per share rose 2% to $1.61, while net premiums written grew 5% to $6,995 million, but the combined ratio worsened to 85.7 from 82.6 a year earlier. The filing contains no guidance changes.

Key points

  • February net income $943 million vs. $928 million a year earlier (up 2%)
  • Diluted EPS $1.61 vs. $1.58 (up 2%); combined ratio 85.7 vs. 82.6 (3.1 points higher)
  • Management said February premium growth is about 2-3 points lower due to a month-end closing timing nuance; March results are due April 15, 2026

The filing

CompanyProgressive (PGR)
Form8-K, current report
Filed with the SECMar 18, 2026, 10:10 AM ET
Accession number0000080661-26-000096

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.