Progressive June net income falls 31% to $779 million; premiums written up 3%
Progressive reported June 2026 results in a news release filed with the SEC. June net income fell to $779 million from $1,124 million a year earlier, and earnings per share fell to $1.34 from $1.91, while net premiums written rose 3% to $6,772 million. The combined ratio rose to 90.0 from 86.6, so underwriting profitability weakened in the month even as premium volume grew.
Key points
- June net income was $779 million, down 31% from $1,124 million a year earlier.
- June earnings per share were $1.34, compared with $1.91 a year earlier.
- June net premiums written were $6,772 million, up 3%; the combined ratio was 90.0 versus 86.6.
- Year-to-date net income was $6,129 million, up from $5,742 million for the same period in 2025.
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 July 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.