Progressive Reports June 2026 Results
Progressive reported Q2 net income of $3.3 billion ($5.67 per share), up 4% year-over-year, supported by a 56% increase in pretax net realized gains on securities to $604 million. However, underwriting performance deteriorated, with the Q2 combined ratio rising to 87.3 from 86.2 in the prior year and the June combined ratio expanding significantly to 90.0.
Key figures
- Eps
- 5.67
- Revenue
- 21573000000
- Revenue Yoy
- 6%
- Net income q2
- $3,311M
- Net income june
- $779M
- Combined ratio q2
- 87.3
- Policies in force
- 40,086
- Realized gains q2
- $604M
- Combined ratio june
- 90.0
- Net premiums written q2
- $21,077M
AI analysis
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