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Progressive Reports May 2026 Results

$PGRPress releaseJun 17, 2026, 8:22 AM ETRead the release

Progressive reported strong May 2026 results with net income rising 36% year-over-year to $1.45 billion, driven by a 10% increase in net premiums earned to $7.36 billion. The combined ratio improved significantly by 4.8 points to 82.1, reflecting better underwriting profitability compared to the prior year.

Key figures

Eps
2.47
Revenue
$7,361 million
Revenue Yoy
10
Net income
$1,445 million
Combined ratio
82.1
Policies in force
39970000
Net premiums written
$7,027 million

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.