PGR · 8-K · 20260617PR000210

Revenue Performance and Mix

PROGRESSIVE CORP/OH/ · 2026-06-17 · Importance 47 · Surprise 22 · No source text

May net premiums earned increased 10% year over year to $7,361 million from $6,715 million, while net premiums written rose 6% to $7,027 million. Personal Lines generated $6,439 million of May net premiums earned, including $3,569 million from Direct vehicles, $2,604 million from Agency vehicles, and $266 million from Property. Commercial Lines net premiums earned were $921 million, unchanged year over year. For the year-to-date period, net premiums earned increased 8% to $35,441 million, led by 13% growth in Direct vehicles to $17,154 million, while Property declined 1% to $1,289 million and Commercial Lines declined 3% to $4,390 million.

Key facts

• Net premiums written for May 2026: $7,027 million source
• Net premiums written for May 2025: $6,634 million source
• Net premiums earned for May 2026: $7,361 million source
• Net premiums earned for May 2025: $6,715 million source
• Total revenues for May 2026: $8,059 million source
• Net premiums written - Companywide for May 2026 (by business): Personal Lines $6,184 million, Commercial Business $842 million, Total $7,027 million source
• Net Premiums Earned - Companywide for May 2026 (by business): Agency $2,604 million, Direct $3,569 million, Property $266 million, Total Personal Lines $6,439 million, Commercial Business $921 million, Company Total $7,361 million source
• Year-to-date net premiums written as of May 31, 2026: $37,946 million source

Impact estimates