The Progressive (PGR) Revenue — Quarter Ended Sep 30, 2025
Revenue increased compared to both the prior quarter and the same quarter last year. The growth was driven by higher premiums and policy counts.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased compared to both the prior quarter and the same quarter last year. The growth was driven by higher premiums and policy counts.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.5B
Revenue reported for this quarter.
Quarter-over-quarter
+2.3%
Change from the immediately preceding quarter.
Year-over-year
+14.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$85.2B
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 |
|---|---|---|
| Dec 31, 2024 | $20.3B | +20.0% |
| Mar 31, 2025 | $20.4B | +18.4% |
| Jun 30, 2025 | $22B | +21.3% |
| Sep 30, 2025 | $22.5B | +14.2% |
Revenue performance
The company reported a rise in revenue for the quarter, supported by strong underwriting profitability and continued policy growth.
Quarterly comparison
Revenue was higher than the immediately preceding quarter and also exceeded the level from one year earlier. The year-over-year gain reflects sustained momentum in the personal lines segment.
What to watch
The company expects to provide credits to Florida policyholders in early 2026, which could affect future premium revenue.