Progressive Reports June 2026 Results

Q: What were Progressive (PGR) June 2026 monthly earnings results?

Progressive reported June 2026 net income of $779 million and earnings per share of $1.34. According to Progressive, net premiums written were $6.8 billion and net premiums earned were $7.1 billion, with a combined ratio of 90.0.

Q: How did Progressive (PGR) perform in the second quarter of 2026?

Progressive reported second-quarter 2026 net income of $3.3 billion, up 4% year over year. According to Progressive, quarterly earnings per share were $5.67, net premiums written reached $21.1 billion, and the combined ratio was 87.3, compared with 86.2 in 2025.

Q: What happened to Progressive (PGR) combined ratio in June and Q2 2026?

Progressive’s combined ratio rose to 90.0 in June 2026 and 87.3 for Q2 2026. According to Progressive, this compares with 86.6 for June 2025 and 86.2 for Q2 2025, indicating higher underwriting ratios year over year.

Q: How many policies in force did Progressive (PGR) have at June 30, 2026?

Progressive had 40.1 million policies in force at June 30, 2026, a 7% increase year over year. According to Progressive, personal lines policies rose to 38.9 million and commercial lines policies reached 1.2 million over the same period.

Q: How did Progressive’s auto insurance policies change in June 2026 versus 2025?

Progressive’s agency auto policies in force grew 8% to 11.2 million, while direct auto policies increased 10% to 16.7 million. According to Progressive, total personal lines policies in force rose 8% year over year to 38.9 million by June 30, 2026.

Q: What were Progressive (PGR) realized gains and losses in June and Q2 2026?

Progressive reported a June 2026 pretax net realized loss of $13 million versus a $179 million gain in 2025. According to Progressive, Q2 2026 pretax net realized gains were $604 million, up 56% from $387 million in the prior year quarter.

Q: Did Progressive (PGR) grow net premiums in the second quarter of 2026?

Yes, Progressive grew Q2 2026 net premiums written to $21.1 billion, up 5% from 2025. According to Progressive, net premiums earned increased 6% to $21.6 billion, reflecting continued expansion across personal and commercial lines policies in force.

Progressive (NYSE:PGR) reported June 2026 and second-quarter 2026 results.

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Rhea-AI Summary

Progressive (NYSE:PGR) reported June 2026 and second-quarter 2026 results. For June, net premiums written were $6.8 billion, up 3% year over year, and net premiums earned were $7.1 billion, up 2%. Monthly net income fell 31% to $779 million, with earnings per share decreasing 30% to $1.34. The June combined ratio rose to 90.0 from 86.6.

For the quarter, net premiums written grew 5% to $21.1 billion and net premiums earned increased 6% to $21.6 billion. Quarterly net income rose 4% to $3.3 billion, and EPS increased 5% to $5.67. The quarterly combined ratio was 87.3, up from 86.2. Policies in force at June 30, 2026 reached 40.1 million, a 7% increase, led by 8–10% growth in personal auto and 3% growth in commercial lines.

Positive

Quarterly net income up 4% to $3.3 billion
Quarterly EPS up 5% to $5.67
Net premiums written (quarter) up 5% to $21.1 billion
Policies in force up 7% to 40.1 million
Direct auto policies up 10% year over year
Pretax realized gains (quarter) up 56% to $604 million

Negative

June net income down 31% to $779 million
June EPS down 30% to $1.34
June combined ratio worsened 3.4 points to 90.0
Quarterly combined ratio up 1.1 points to 87.3
June pretax realized result swung to $13 million loss from $179 million gain

Argus Jul 15 session 12 alerts

-9.43% close to close 1.9x rel. volume Open Argus

Details

News Market Reaction – PGR

-5.1% Trough in 7 hr 41 min

$136.51B Mkt Cap at Peak Alert

On Jul 15, the day this news came out, PGR closed 9.43% below the previous close. Argus tracked a trough of -5.1% from its starting point during tracking. Our momentum scanner recorded 12 alerts for this stock that day. Relative volume reached 1.9x the daily average during tracking.

Data tracked by StockTitan Argus for the Jul 15 session.

Key Figures

Net premiums written (June): $6,772M (3% YoY) Net premiums written (quarter): $21,077M (5% YoY) Net income (June): $779M (31% YoY decline) +5 more

Net premiums written (June): $6,772M (3% YoY); Month ended June 30, 2026 vs June 2025
Net premiums written (quarter): $21,077M (5% YoY); Quarter ended June 30, 2026 vs Q2 2025
Net income (June): $779M (31% YoY decline); Month ended June 30, 2026 vs June 2025
EPS (June): $1.34 (30% YoY decline); Per share available to common shareholders, June 2026 vs June 2025
Net income (quarter): $3,311M (4% YoY increase); Quarter ended June 30, 2026 vs Q2 2025
Combined ratio (June): 90.0 vs 86.6 (3.4 pts higher); Month ended June 30, 2026 vs June 2025
Net premiums earned (quarter): $21,573M (6% YoY); Quarter ended June 30, 2026 vs Q2 2025
Policies in force (total): 40,086K vs 37,315K (7% YoY); Total policies in force as of June 30, 2026 vs 2025

Historical Context

5 past events · Latest: Jul 07

5 events

Jul 07
governance update

24h Move

+1.2%

NIRI Chicago announced its 2026-2027 officers and directors slate.
Jun 17
monthly results

24h Move

-0.1%

May 2026 results showed higher premiums, earnings, and improved combined ratio.
Jun 17
management changes

24h Move

-0.1%

Progressive detailed senior leadership changes extending through January 2027.
May 20
monthly results

24h Move

-0.2%

April 2026 results showed premium and income growth but a higher combined ratio.
May 04
program expansion

24h Move

-0.0%

UpPayment down payment assistance program expanded to support more first-time homebuyers.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net premiums written, net premiums earned, combined ratio, policies in force, +1 more

5 terms

net premiums written financial

"Net premiums written | $6,772 | | $6,605 | | 3 | %"

Net premiums written is the total amount of insurance premium a company has agreed to collect from customers for new and renewed policies during a period, after subtracting premiums it passes on to other insurers (reinsurance) and cancellations. It matters to investors because it shows the insurer’s actual sales growth and risk retained—like a retailer’s sales after returns and wholesale transfers—so rising net premiums written can signal stronger future revenue and underwriting exposure.

net premiums earned financial

"Net premiums earned | $7,100 | | $6,954 | | 2 | %"

The portion of insurance premiums that a company recognizes as revenue for a specific accounting period after subtracting any amounts paid to other insurers for reinsurance; it represents the cost of insurance coverage actually provided during that time. Think of a year‑long subscription where only the months used are counted as income. Investors watch net premiums earned to gauge an insurer’s revenue growth and underwriting performance, separate from one‑time sales or changes in policy counts.

combined ratio financial

"Combined ratio | | 90.0 | | 86.6 | | 3.4 | pts."

The combined ratio is a way insurance companies measure how well they are doing by adding up all their costs and claims and comparing them to the money they earn from premiums. If the ratio is below 100%, it means the company is making a profit; if it's above 100%, they are losing money. It helps see if an insurance company is financially healthy or not.

policies in force financial

"Policies in Force Personal Lines Agency – auto | 11,211 | | 10,423"

Policies in force are the insurance contracts that are currently active and able to pay claims, similar to the number of active subscriptions a company has. For investors, they show the scale of an insurer’s current business and help indicate potential future revenue from premiums and ongoing exposure to claims; rising counts suggest growth, while shrinking counts can signal lapses or reduced future income.

diluted equivalent common shares financial

"Average diluted equivalent common shares | | 583.1 | | 588.0"

A measure of how many common shares would exist if every right or instrument that can become common stock — such as stock options, warrants, convertible bonds or preferred shares — were actually converted or exercised. Think of it like counting how many slices of a pie there would be if every coupon-holder showed up; it reduces the size of each existing slice. Investors use this number to see a more realistic, often smaller, per-share claim on profits and ownership, which affects metrics like earnings per share and dilution risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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07/15/2026 - 08:16 AM EDT

MAYFIELD VILLAGE, OHIO, July 15, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2026:

	June						Quarter
(millions, except per share amounts and ratios; unaudited)		2026		2025	Change			2026		2025	Change
Net premiums written	$	6,772	$	6,605	3	%	$	21,077	$	20,076	5	%
Net premiums earned	$	7,100	$	6,954	2	%	$	21,573	$	20,310	6	%
Net income	$	779	$	1,124	(31)	%	$	3,311	$	3,175	4	%
Per share available to common shareholders	$	1.34	$	1.91	(30)	%	$	5.67	$	5.40	5	%
Total pretax net realized gains (losses) on securities	$	(13)	$	179	(107)	%	$	604	$	387	56	%
Combined ratio		90.0		86.6	3.4	pts.		87.3		86.2	1.1	pts.
Average diluted equivalent common shares		583.1		588.0	(1)	%		584.2		587.8	(1)	%

	June 30,
(thousands; unaudited)	2026	2025	% Change
Policies in Force
Personal Lines
Agency – auto	11,211	10,423	8
Direct – auto	16,721	15,245	10
Special lines	7,297	6,850	7
Property	3,631	3,608	1
Total Personal Lines	38,860	36,126	8
Commercial Lines	1,226	1,189	3
Total	40,086	37,315	7

See Progressive’s complete monthly earnings release 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 a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States.

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:
Julianna Paterra
(719) 432-2509
investor_relations@progressive.com

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

PDF available: Progressive June 2026 Complete Earnings Release

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Progressive (PGR) June 2026 monthly earnings results?

Progressive reported June 2026 net income of $779 million and earnings per share of $1.34. According to Progressive, net premiums written were $6.8 billion and net premiums earned were $7.1 billion, with a combined ratio of 90.0.

How did Progressive (PGR) perform in the second quarter of 2026?

Progressive reported second-quarter 2026 net income of $3.3 billion, up 4% year over year. According to Progressive, quarterly earnings per share were $5.67, net premiums written reached $21.1 billion, and the combined ratio was 87.3, compared with 86.2 in 2025.

What happened to Progressive (PGR) combined ratio in June and Q2 2026?

Progressive’s combined ratio rose to 90.0 in June 2026 and 87.3 for Q2 2026. According to Progressive, this compares with 86.6 for June 2025 and 86.2 for Q2 2025, indicating higher underwriting ratios year over year.

How many policies in force did Progressive (PGR) have at June 30, 2026?

Progressive had 40.1 million policies in force at June 30, 2026, a 7% increase year over year. According to Progressive, personal lines policies rose to 38.9 million and commercial lines policies reached 1.2 million over the same period.

How did Progressive’s auto insurance policies change in June 2026 versus 2025?

Progressive’s agency auto policies in force grew 8% to 11.2 million, while direct auto policies increased 10% to 16.7 million. According to Progressive, total personal lines policies in force rose 8% year over year to 38.9 million by June 30, 2026.

What were Progressive (PGR) realized gains and losses in June and Q2 2026?

Progressive reported a June 2026 pretax net realized loss of $13 million versus a $179 million gain in 2025. According to Progressive, Q2 2026 pretax net realized gains were $604 million, up 56% from $387 million in the prior year quarter.

Did Progressive (PGR) grow net premiums in the second quarter of 2026?

Yes, Progressive grew Q2 2026 net premiums written to $21.1 billion, up 5% from 2025. According to Progressive, net premiums earned increased 6% to $21.6 billion, reflecting continued expansion across personal and commercial lines policies in force.

Progressive Reports June 2026 Results