Here are the 10-K annual reports from Progressive Corporation (PGR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PGR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PGR filings page.
The Progressive Corporation outlines its 2025 business scale, strategy, and risks. The insurer generated $83.2 billion of net premiums written with statutory surplus of $28.4 billion, and managed a $97.4 billion investment portfolio that produced $4.3 billion of total investment income and $6.2 billion of pretax total return.
Personal Lines drove 87% of 2025 net premiums written, with commercial lines at 13%. Progressive highlights data-driven pricing, usage-based insurance programs like Snapshot and Smart Haul, extensive reinsurance for catastrophe protection, and strong capital ratios supporting growth. The filing also details heavy competition, regulatory oversight, cybersecurity concerns, and human-capital initiatives for its roughly 70,000 employees.