The Progressive (PGR) Revenue — Quarter Ended Mar 31, 2026
Revenue declined sequentially but rose compared to the same period last year. The company maintained strong underwriting profitability across its operating segments.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue declined sequentially but rose compared to the same period last year. The company maintained strong underwriting profitability across its operating segments.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.2B
Revenue reported for this quarter.
Quarter-over-quarter
-2.5%
Change from the immediately preceding quarter.
Year-over-year
+8.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$89.5B
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 |
|---|---|---|
| Jun 30, 2025 | $22B | +21.3% |
| Sep 30, 2025 | $22.5B | +14.2% |
| Dec 31, 2025 | $22.7B | +12.2% |
| Mar 31, 2026 | $22.2B | +8.7% |
Revenue performance
The reported revenue reflects a sequential decrease from the immediate prior quarter, while still showing a year-over-year increase. Underwriting margins remained solid in both personal and commercial lines.
Quarterly comparison
Compared to the preceding quarter, revenue contracted; versus the same quarter one year earlier, revenue expanded. The year-ago growth rate has moderated from prior periods.
What to watch
The sequential decline in revenue, despite strong underwriting results, may warrant monitoring for potential shifts in premium trends.