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 – auto | 10,959 | 9,950 | 10 | |
| Direct – auto | 16,383 | 14,395 | 14 | |
| Special lines | 7,041 | 6,568 | 7 | |
| Property | 3,649 | 3,556 | 3 | |
| Total Personal Lines | 38,032 | 34,469 | 10 | |
| Commercial Lines | 1,188 | 1,151 | 3 | |
| Total | 39,220 | 35,620 | 10 | |
See Progressive's complete monthly earnings release, including the "Monthly Commentary," for additional information.
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