Progressive Reports June 2026 Results

Progressive reports modest premium growth and slight income increase with mixed quarterly results for June 2026.

The Progressive Corporation announced its financial results for June 2026, showing increases in net premiums written and earned, alongside a small rise in net income for the quarter. Despite a 31% decline in monthly net income compared to prior year, the quarterly net income improved 4%. The company maintained growth in policies in force across personal and commercial lines.

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Key Points

Net premiums written increased by 3% for the month and 5% for the quarter, driven by growth in personal and commercial lines.
Net income for the quarter rose 4% while monthly net income fell 31% due to fluctuations in pretax net realized gains on securities.
Combined ratio increased slightly to 90.0 for the month, indicating a slight decline in underwriting profitability but still under 100 indicating profit.

MAYFIELD VILLAGE, OHIO, July 15, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2026:

JuneQuarter(millions, except per share amounts and ratios; unaudited) 2026 2025 Change 2026 2025 ChangeNet premiums written$6,772 $6,605 3 %$21,077 $20,076 5 %Net premiums earned$7,100 $6,954 2 %$21,573 $20,310 6 %Net income$779 $1,124 (31)%$3,311 $3,175 4 %Per share available to common shareholders$1.34 $1.91 (30)%$5.67 $5.40 5 %Total pretax net realized gains (losses) on securities$(13) $179 (107)%$604 $387 56 %Combined ratio 90.0 86.6 3.4 pts. 87.3 86.2 1.1 pts.Average diluted equivalent common shares 583.1 588.0 (1) % 584.2 587.8 (1)%

June 30,(thousands; unaudited)
2026 2025 % ChangePolicies in Force Personal Lines Agency – auto11,211 10,423 8Direct – auto16,721 15,245 10Special lines7,297 6,850 7Property3,631 3,608 1Total Personal Lines38,860 36,126 8Commercial Lines1,226 1,189 3Total40,086 37,315 7

See Progressive’s complete monthly earnings release for additional information.

About Progressive

Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:
Julianna Paterra
(719) 432-2509
[email protected]

The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com

PDF available: Progressive June 2026 Complete Earnings Release

Risks

Decline in monthly net income by 31% reflects volatility in realized gains on securities impacting earnings stability.
Increase in combined ratio may signal rising claims or expense pressures, affecting underwriting margins.
Competition and market conditions in the insurance and financial services sector could impact future growth and profitability.

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Progressive Reports June 2026 Results

Key Points

Risks

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