The Progressive (PGR) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the quarter, continuing the upward trajectory observed throughout the fiscal year. Both the immediate prior quarter and the same quarter a year ago were lower.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased in the quarter, continuing the upward trajectory observed throughout the fiscal year. Both the immediate prior quarter and the same quarter a year ago were lower.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.3B
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
+20.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$75.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $17.2B | +20.6% |
| Jun 30, 2024 | $18.1B | +18.1% |
| Sep 30, 2024 | $19.7B | +26.7% |
| Dec 31, 2024 | $20.3B | +20.0% |
Revenue performance
The quarter's revenue reached a new high within the fiscal year, driven by consistent growth across each preceding period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased, though at a slower pace than the prior sequential gains. Versus the same quarter one year earlier, the rise was substantial.
What to watch
Monitor whether the sequential growth rate continues to decelerate in upcoming quarters.