Progressive Reports February 2026 Results

GlobeNewswire
03/18

MAYFIELD VILLAGE, OHIO, March 18, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended February 28, 2026:

 February
(millions, except per share amounts and ratios; unaudited) 2026   2025  Change
Net premiums written$6,995  $6,684  5 %
Net premiums earned$6,528  $6,036  8 %
Net income$943  $928  2 %
Per share available to common shareholders$1.61  $1.58  2 %
Total pretax net realized gains (losses) on securities$(5) $(110) (95)%
Combined ratio 85.7   82.6  3.1 pts.
Average diluted equivalent common shares 586.8   587.6  0 %
 February 28,
(thousands; unaudited)
2026 2025 % Change
Policies in Force     
Personal Lines     
Agency – auto10,959 9,950 10
Direct – auto16,383 14,395 14
Special lines7,041 6,568 7
Property3,649 3,556 3
Total Personal Lines38,032 34,469 10
Commercial Lines1,188 1,151 3
Total39,220 35,620 10
      


See Progressive’s complete monthly earnings release, including the "Monthly Commentary," for additional information.

About Progressive

Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. 

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:
Douglas S. Constantine
(440) 395-3707
investor_relations@progressive.com

The Progressive Corporation 
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com

Download PDF: Progressive February 2026 Complete Earnings Release


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