The Progressive (PGR) Revenue — Quarter Ended Jun 30, 2025
Revenue rose compared to both the prior quarter and the same quarter a year earlier. The company experienced strong growth in premiums and policies in force during the quarter.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue rose compared to both the prior quarter and the same quarter a year earlier. The company experienced strong growth in premiums and policies in force during the quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22B
Revenue reported for this quarter.
Quarter-over-quarter
+7.8%
Change from the immediately preceding quarter.
Year-over-year
+21.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$82.4B
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 |
|---|---|---|
| Sep 30, 2024 | $19.7B | +26.7% |
| Dec 31, 2024 | $20.3B | +20.0% |
| Mar 31, 2025 | $20.4B | +18.4% |
| Jun 30, 2025 | $22B | +21.3% |
Revenue performance
Net premiums written and earned both increased, with policies in force growing significantly during the quarter. The underwriting profit margin remained strong.
Quarterly comparison
Revenue increased sequentially and showed a larger year-over-year gain compared to the same period last year.
What to watch
The company's total capital increased and its debt-to-total capital ratio declined during the period.