PGR · News · 20260901N
Revenue Performance and Mix
PROGRESSIVE CORP/OH/ · 2026-09-01 · Importance 42 · Surprise 14 · No source text
Progressive reported quarterly revenue of $23.61 billion, up 5% year over year. Quarterly earnings were $5.67 per share and exceeded analyst estimates. The digest provided no segment or geographic revenue breakdown and no mix-shift details.
Key facts
- Progressive reported quarterly earnings of $5.67 per share and revenue increased 5% year-over-year to $23.61 billion. source
- Quantitative Investment Management LLC reduced its stake in The Progressive Corporation by 68.1% in the second quarter, selling 13,078 shares and retaining 6,135 shares valued at $1.34 million. source
- Institutional investors collectively own 85.34% of The Progressive Corporation. source
- Analysts maintain a consensus "Hold" rating on The Progressive Corporation with an average price target of $236.26. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +4.8% | Progressive reported quarterly earnings of $5.67 per share and revenue increased 5% year-over-year to $23.61 billion. |
| net_income | unclear | realized | — | Progressive reported quarterly earnings of $5.67 per share and revenue increased 5% year-over-year to $23.61 billion. |