PGR · News · 20260815N

Revenue Performance and Mix

PROGRESSIVE CORP/OH/ · 2026-08-15 · Importance 36 · Surprise 14 · No source text

Progressive reported quarterly revenue of $23.61 billion. Revenue increased 5% year over year. The reported revenue exceeded analyst expectations, although no segment or geographic breakdown was provided.

Key facts

• Progressive reported revenues of $23.61 billion for the quarter, a 5% increase year-over-year. source
• Dockside LLC invested $5.88 million in The Progressive Corporation, acquiring 26,926 shares, making it their ninth-largest holding. source
• Hardy Reed LLC acquired 8,530 shares of The Progressive Corporation, valued at approximately $1.86 million. source
• Everett Harris & Co. CA purchased 202,641 shares of The Progressive Corporation valued at approximately $44.27 million, making it their 28th largest holding. source
• Summit Global Investments purchased 31,220 shares of The Progressive Corporation valued at approximately $6.82 million, making it their 29th largest holding. source
• Company insiders sold shares worth $15.88 million during the quarter. source
• Institutional investors and hedge funds collectively own 85.34% of The Progressive Corporation. source
• Analysts maintain a consensus "Hold" rating on Progressive with a consensus target price of $235.00. source

Impact estimates