PGR · News · 20261021N
Net Income and EPS Performance
PROGRESSIVE CORP/OH/ · 2026-10-21 · Importance 38 · Surprise 14 · No source text
Progressive’s third-quarter 2026 net income declined 3% year over year to $2.54 billion. September net income nevertheless increased significantly, according to third-party reporting. The quarterly earnings decline occurred despite improved combined-ratio performance and 5% growth in net premiums earned to $21.87 billion.
Key facts
- Net income declined 3.00% to USD 2.54 billion for the third quarter. source
- Progressive reported a 3% decline in net income for the third quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -0.3% | Net income declined 3.00% to USD 2.54 billion for the third quarter. |