PROGRESSIVE CORP/OH/ (PGR) FY2026 Q1 P&L / Income Statement

PROGRESSIVE CORP/OH/ (PGR) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

22,188,000,000 US dollars

Operating expenses (calculated)

18,622,000,000 US dollars

Operating profit (calculated)

3,566,000,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Income before income taxes

3,566,000,000 US dollars

Provision for income taxes

748,000,000 US dollars

Net income

2,818,000,000 US dollars

Net premiums earned

20,968,000,000 US dollars

Investment income

917,000,000 US dollars

Fees and other revenues

297,000,000 US dollars

Service revenues

126,000,000 US dollars

Total expenses

18,622,000,000 US dollars

Revenue before reconciliation (calculated)

22,308,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Total net realized gains (losses) on securities

negative 120,000,000 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.