The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2026:
| May | ||||||||
| (millions, except per share amounts and ratios; unaudited) | 2026 | 2025 | Change | |||||
| Net premiums written | $ | 7,027 | $ | 6,634 | 6 | % | ||
| Net premiums earned | $ | 7,361 | $ | 6,715 | 10 | % | ||
| Net income | $ | 1,445 | $ | 1,065 | 36 | % | ||
| Per share available to common shareholders | $ | 2.47 | $ | 1.81 | 36 | % | ||
| Total pretax net realized gains (losses) on securities | $ | 215 | $ | 211 | 2 | % | ||
| Combined ratio | 82.1 | 86.9 | (4.8 | ) | pts. | |||
| Average diluted equivalent common shares | 584.2 | 587.7 | (1 | ) | % | |||
| May 31, | ||||
| (thousands; unaudited) | 2026 | 2025 | % Change | |
| Policies in Force | ||||
| Personal Lines | ||||
| Agency – auto | 11,172 | 10,341 | 8 | |
| Direct – auto | 16,715 | 15,089 | 11 | |
| Special lines | 7,234 | 6,787 | 7 | |
| Property | 3,632 | 3,601 | 1 | |
| Total Personal Lines | 38,753 | 35,818 | 8 | |
| Commercial Lines | 1,217 | 1,184 | 3 | |
| Total | 39,970 | 37,002 | 8 | |
See Progressive's complete monthly earnings release for additional information.