Income Statement - PROGRESSIVE CORP/OH/ (PGR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 87.64 | 75.34 | 62.08 | 49.59 | 47.68 | 42.64 | 39.00 | 31.95 | 26.82 | 23.42 | 20.83 | 19.38 | 18.16 | 17.07 | 15.76 | 15.20 | 14.56 | 12.84 | 14.69 | 14.79 |
| Cost of revenue | 61.81 | 54.44 | 50.32 | 42.04 | 37.34 | 28.40 | 28.49 | 24.29 | 20.93 | 18.74 | 15.99 | 14.83 | 13.92 | 13.38 | 12.03 | 11.49 | 11.27 | 11.37 | 11.33 | 12.24 |
| Gross profit | 25.83 | 20.90 | 11.76 | 7.55 | 10.34 | 14.24 | 10.50 | 7.66 | 5.88 | 4.67 | 4.84 | 4.55 | 4.23 | 3.69 | 3.73 | 3.71 | 3.29 | 1.47 | 3.36 | 2.55 |
| Total operating expenses | 11.61 | 10.19 | 6.86 | 6.63 | 6.13 | 7.07 | 5.34 | 4.50 | 3.74 | 3.20 | 2.93 | 2.64 | 2.51 | 2.37 | 2.24 | 2.14 | 1.74 | 1.69 | 1.67 | 0.11 |
| Operating income | 14.22 | 10.71 | 4.90 | 0.92 | 4.21 | 7.17 | 5.16 | 3.16 | 2.14 | 1.47 | 1.91 | 1.91 | 1.72 | 1.32 | 1.49 | 1.57 | 1.56 | -0.22 | 1.69 | 2.43 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 14.22 | 10.71 | 4.90 | 0.92 | 4.21 | 7.17 | 5.16 | 3.16 | 2.14 | 1.47 | 1.91 | 1.91 | 1.72 | 1.32 | 1.49 | 1.57 | 1.56 | -0.22 | 1.69 | 2.43 |
| Income tax expense | 2.92 | 2.23 | 1.00 | 0.20 | 0.86 | 1.47 | 1.18 | 0.54 | 0.54 | 0.41 | 0.61 | 0.63 | 0.55 | 0.42 | 0.47 | 0.50 | 0.50 | -0.15 | 0.51 | 0.79 |
| Net income | 11.31 | 8.48 | 3.90 | 0.72 | 3.35 | 5.70 | 3.97 | 2.62 | 1.59 | 1.03 | 1.27 | 1.28 | 1.17 | 0.90 | 1.02 | 1.07 | 1.06 | -0.07 | 1.18 | 1.65 |
Show Quarterly Income Statement
Income Statement - PROGRESSIVE CORP/OH/ (PGR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 22.18 | 22.74 | 22.51 | 22.00 | 20.40 | 20.27 | 19.72 | 18.13 | 17.24 | 16.88 | 15.55 | 15.35 | 14.30 | 13.46 | 12.77 | 11.51 | 11.84 | 12.49 | 11.85 | 11.90 | 11.44 | 11.41 | 10.94 | 10.97 | 9.32 | 10.73 | 9.52 | 9.44 | 9.29 | 8.03 | 8.49 | 8.01 | 7.42 | 7.12 | 6.79 | 6.60 | 6.32 | 6.12 | 5.93 | 5.81 | 5.55 | 5.39 | 5.27 | 5.28 | 4.89 | 5.17 | 4.77 | 4.74 | 4.70 | 4.61 | 4.52 | 4.59 | 4.43 | 4.55 | 4.42 | 4.18 | 4.12 | 3.93 | 3.81 | 3.87 | 3.89 | 3.85 | 3.76 | 3.69 | 3.67 | 3.90 | 3.61 | 3.58 | 3.47 | 3.51 | 2.21 | 3.54 | 3.59 | 3.61 | 3.71 | 3.68 | 3.69 | 3.69 | 3.72 | 3.71 | 3.66 |
| Cost of revenue | 13.83 | 16.08 | 18.97 | 15.12 | 14.26 | 14.44 | -19.43 | 13.90 | 12.20 | 12.70 | 12.56 | 13.32 | 11.74 | 10.87 | 10.99 | 10.35 | 9.82 | 9.82 | 10.20 | 9.34 | 7.98 | 7.79 | 7.55 | 6.12 | 6.94 | 7.97 | 7.18 | 6.88 | 6.47 | 6.64 | 6.19 | 6.01 | 5.47 | 5.45 | 5.59 | 5.13 | 4.77 | 4.81 | 4.87 | 4.70 | 4.35 | 4.13 | 4.08 | 4.03 | 3.75 | 3.94 | 3.67 | 3.64 | 3.57 | 3.57 | 3.53 | 3.48 | 3.34 | 3.43 | 3.43 | 3.41 | 3.12 | 3.08 | 3.10 | 3.01 | 2.85 | 2.97 | 2.89 | 2.88 | 2.76 | 3.01 | 2.80 | 2.80 | 2.67 | 2.88 | 2.86 | 2.81 | 3.21 | 3.24 | 2.86 | 2.84 | 3.13 | 3.08 | 3.09 | 3.09 | 2.97 |
| Gross profit | 8.35 | 6.66 | 3.55 | 6.88 | 6.14 | 5.83 | 19.71 | 4.22 | 5.03 | 4.19 | 2.99 | 2.02 | 2.56 | 2.59 | 1.78 | 1.16 | 2.01 | 2.67 | 1.65 | 2.56 | 3.45 | 3.62 | 3.39 | 4.85 | 2.38 | 2.77 | 2.35 | 2.57 | 2.82 | 1.39 | 2.30 | 2.01 | 1.96 | 1.67 | 1.20 | 1.47 | 1.55 | 1.31 | 1.06 | 1.11 | 1.20 | 1.26 | 1.19 | 1.24 | 1.14 | 1.23 | 1.10 | 1.09 | 1.13 | 1.04 | 0.99 | 1.11 | 1.09 | 1.12 | 1.00 | 0.77 | 1.00 | 0.85 | 0.71 | 0.86 | 1.04 | 0.88 | 0.87 | 0.80 | 0.91 | 0.89 | 0.81 | 0.79 | 0.80 | 0.63 | -0.65 | 0.72 | 0.38 | 0.37 | 0.85 | 0.83 | 0.56 | 0.62 | 0.63 | 0.62 | 3.66 |
| Total operating expenses | 4.79 | 2.98 | 0.22 | 2.90 | 2.91 | 2.86 | 19.71 | 2.36 | 2.09 | 1.69 | 1.58 | 1.59 | 2.00 | 1.56 | 1.64 | 1.79 | 1.62 | 1.46 | 1.51 | 1.56 | 1.59 | 1.51 | 1.47 | 2.58 | 1.51 | 1.43 | 1.34 | 1.32 | 1.26 | 1.15 | 1.17 | 1.13 | 1.05 | 0.98 | 0.94 | 0.92 | 0.91 | 0.77 | 0.80 | 0.82 | 0.81 | 0.75 | 0.76 | 0.72 | 0.70 | 0.68 | 0.66 | 0.65 | 0.65 | 0.62 | 0.65 | 0.62 | 0.62 | 0.77 | 0.58 | 0.60 | 0.62 | 0.47 | 0.50 | 0.51 | 0.49 | 0.46 | 0.48 | 0.49 | 0.47 | 0.44 | 0.44 | 0.43 | 0.42 | 0.41 | 0.43 | 0.42 | 0.04 | 0.04 | 0.43 | 0.43 | 0.03 | 0.03 | 0.03 | 0.03 | 2.98 |
| Operating income | 3.57 | 3.68 | 3.32 | 3.98 | 3.24 | 2.97 | 3.01 | 1.86 | 2.94 | 2.50 | 1.41 | 0.44 | 0.55 | 1.03 | 0.14 | -0.64 | 0.39 | 1.20 | 0.14 | 1.00 | 1.87 | 2.11 | 1.92 | 2.27 | 0.87 | 1.34 | 1.01 | 1.24 | 1.57 | 0.24 | 1.13 | 0.88 | 0.91 | 0.69 | 0.25 | 0.55 | 0.64 | 0.54 | 0.26 | 0.29 | 0.39 | 0.51 | 0.43 | 0.53 | 0.44 | 0.55 | 0.44 | 0.44 | 0.48 | 0.43 | 0.35 | 0.49 | 0.46 | 0.35 | 0.41 | 0.17 | 0.38 | 0.38 | 0.21 | 0.36 | 0.55 | 0.43 | 0.39 | 0.31 | 0.44 | 0.45 | 0.37 | 0.35 | 0.38 | 0.22 | -1.08 | 0.30 | 0.34 | 0.33 | 0.42 | 0.41 | 0.53 | 0.59 | 0.60 | 0.59 | 0.67 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 |
| Income before tax | 3.57 | 3.68 | 3.32 | 3.98 | 3.24 | 2.97 | 2.94 | 1.86 | 2.94 | 2.50 | 1.41 | 0.44 | 0.55 | 1.03 | 0.14 | -0.64 | 0.39 | 1.20 | 0.14 | 1.00 | 1.87 | 2.11 | 1.92 | 2.27 | 0.87 | 1.34 | 1.01 | 1.24 | 1.57 | 0.24 | 1.13 | 0.88 | 0.91 | 0.69 | 0.25 | 0.55 | 0.64 | 0.54 | 0.26 | 0.29 | 0.39 | 0.51 | 0.43 | 0.53 | 0.44 | 0.55 | 0.44 | 0.44 | 0.48 | 0.43 | 0.35 | 0.49 | 0.46 | 0.35 | 0.41 | 0.17 | 0.38 | 0.38 | 0.21 | 0.36 | 0.55 | 0.43 | 0.39 | 0.31 | 0.44 | 0.45 | 0.37 | 0.35 | 0.38 | 0.22 | -1.08 | 0.30 | 0.34 | 0.33 | 0.42 | 0.41 | 0.53 | 0.59 | 0.60 | 0.59 | 0.65 |
| Income tax expense | 0.75 | 0.73 | 0.71 | 0.81 | 0.67 | 0.61 | 0.61 | 0.40 | 0.61 | 0.52 | 0.29 | 0.09 | 0.11 | 0.20 | 0.02 | -0.09 | 0.08 | 0.24 | 0.02 | 0.21 | 0.39 | 0.42 | 0.39 | 0.48 | 0.18 | 0.26 | 0.17 | 0.26 | 0.48 | -0.02 | 0.20 | 0.18 | 0.18 | 0.11 | 0.04 | 0.18 | 0.21 | 0.14 | 0.05 | 0.09 | 0.13 | 0.16 | 0.14 | 0.16 | 0.15 | 0.18 | 0.15 | 0.14 | 0.16 | 0.13 | 0.11 | 0.16 | 0.15 | 0.10 | 0.14 | 0.05 | 0.13 | 0.12 | 0.06 | 0.11 | 0.18 | 0.13 | 0.13 | 0.10 | 0.14 | 0.15 | 0.10 | 0.10 | 0.14 | 0.06 | -0.40 | 0.09 | 0.10 | 0.09 | 0.12 | 0.12 | 0.17 | 0.19 | 0.19 | 0.19 | 0.21 |
| Net income | 2.82 | 2.95 | 2.62 | 3.18 | 2.57 | 2.36 | 2.33 | 1.46 | 2.33 | 1.99 | 1.12 | 0.35 | 0.45 | 0.83 | 0.12 | -0.54 | 0.31 | 0.96 | 0.12 | 0.79 | 1.48 | 1.68 | 1.53 | 1.79 | 0.69 | 1.07 | 0.84 | 0.98 | 1.08 | 0.26 | 0.93 | 0.70 | 0.72 | 0.58 | 0.22 | 0.37 | 0.42 | 0.38 | 0.20 | 0.19 | 0.26 | 0.33 | 0.28 | 0.36 | 0.30 | 0.37 | 0.30 | 0.29 | 0.32 | 0.30 | 0.23 | 0.32 | 0.31 | 0.25 | 0.28 | 0.12 | 0.26 | 0.26 | 0.15 | 0.25 | 0.36 | 0.30 | 0.26 | 0.21 | 0.30 | 0.31 | 0.27 | 0.25 | 0.23 | 0.16 | -0.68 | 0.22 | 0.24 | 0.24 | 0.30 | 0.28 | 0.36 | 0.40 | 0.41 | 0.40 | 0.44 |