PGR · News · 20260922N
Net Income and EPS Performance
PROGRESSIVE CORP/OH/ · 2026-09-22 · Importance 34 · Surprise 30 · No source text
Progressive’s August net income fell 22% year over year to $951 million. Quarterly EPS was $5.67, exceeding the $4.64 expectation. Reported revenue was $23.61 billion for the quarter.
Key facts
- Progressive's August operating disclosure revealed a 22 percent year-over-year decrease in net income to USD 951 million. source
- Progressive reported revenue of $23.61 billion for the quarter. source
- Progressive exceeded quarterly earnings expectations, reporting an EPS of $5.67 against an anticipated $4.64. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -1.1% | Progressive's August operating disclosure revealed a 22 percent year-over-year decrease in net income to USD 951 million. |
| revenue | unclear | realized | — | Progressive reported revenue of $23.61 billion for the quarter. |