PROGRESSIVE CORP/OH/ (PGR) FY2025 Q1 P&L / Income Statement

PROGRESSIVE CORP/OH/ (PGR) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

20,409,000,000 US dollars

Operating expenses (calculated)

17,173,000,000 US dollars

Operating profit (calculated)

3,236,000,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Income before income taxes

3,236,000,000 US dollars

Provision for income taxes

669,000,000 US dollars

Net income

2,567,000,000 US dollars

Net premiums earned

19,409,000,000 US dollars

Investment income

814,000,000 US dollars

Fees and other revenues

287,000,000 US dollars

Service revenues

111,000,000 US dollars

Total expenses

17,173,000,000 US dollars

Revenue before reconciliation (calculated)

20,621,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Total net realized gains (losses) on securities

negative 212,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.