Progressive March net income rises 36% to $712 million; EPS $1.21
Progressive reported March 2026 net income of $712 million, up 36% from a year earlier, with diluted earnings of $1.21 per share. For the first quarter, net income rose 10% to $2.82 billion and diluted EPS was $4.80 versus $4.37, while net premiums written and earned both grew.
Key points
- March net income $712 million vs. $522 million a year earlier; diluted EPS $1.21 vs. $0.89.
- March net premiums written $9.9 billion, up 10%; net premiums earned $7.5 billion, up 11%.
- First-quarter combined ratio 86.4 vs. 86.0 a year earlier; March combined ratio 88.8 vs. 90.9.
- Next release: April results on May 20, 2026; first-quarter conference call on May 5, 2026.
The filing
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 April 15, 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.