Progressive Corp financials
Key figures from Progressive Corp's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.
Latest quarter vs a year earlier
| Metric | Jun 2026 | Jun 2025 | Change |
|---|---|---|---|
| Revenue | $23.6B | $22.0B | +7.3% |
| Net income | $3.3B | $3.2B | +4.3% |
| Free cash flow | $3.5B | $3.9B | -11.9% |
| Gross margin | — | — | — |
| Operating margin | — | — | — |
| Net margin | 14.0% | 14.4% | -0.4 pts |
Quarterly trend
Fiscal years
| Fiscal year | Revenue | Net income | Net margin | Free cash flow | EPS (diluted) |
|---|---|---|---|---|---|
| FY Dec 2025 | $87.7B | $11.3B | 12.9% | $17.2B | $19.23 |
| FY Dec 2024 | $75.4B | $8.5B | 11.3% | $14.8B | $14.40 |
| FY Dec 2023 | $62.1B | $3.9B | 6.3% | $10.4B | $6.58 |
| FY Dec 2022 | $49.6B | $722M | 1.5% | $6.6B | $1.18 |
| FY Dec 2021 | $47.7B | $3.4B | 7.0% | $7.5B | $5.66 |
* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.