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Progressive (PGR) Annual Income Statement

Annual · GAAP · USD millions
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By examining income statement figures across successive periods, users can identify shifts in Progressive's profitability and expense structure.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Premiums Earned, Net81,661.00
Non Insurance Service Revenues504.00
Other Revenue4,744.00
Total Revenue87,671.00
Costs & Expenses
Cost of Revenues528.00
Policyholder Benefits and Claims Incurred, Net53,959.00
Gross Profit33,184.00
Selling, Administration, Marketing11,329.00
Goodwill, Impairment Loss0.00
Other exp. /-income1,224.00
Operating Costs67,040.00
Interest Expense, Debt278.00
Net Interest (-)Expense / Income-278.00
Other loss/ -income5,369.00
Total Costs & Expenses73,448.00
Income & Taxes
Income / Loss Before Income Taxes14,223.00
Income Taxes Expense / Benefit2,915.00
Income After Income Taxes11,308.00
Net Income / Loss of Other Equity0.00
Income / Loss from Continuing Operations11,308.00
Net Income / Loss11,308.00
Preferred Dividends0.00
Income / Loss Attributable to Shareholders11,308.00
EBIT14,501.00
EBITD14,814.00
EBITDA14,814.00
Earnings Per Share
Basic EPS (excl. extra items)19.29
Basic Net EPS19.29
Basic shares outstanding (Mill. of Units)586.30
Diluted Net EPS19.23
Diluted average shares (Mill. of Units)588.10
Dividend per share13.90
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About Progressive Corp oh Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: March 2, 2026
  • Original filing: pgr-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.