Progressive CorpPGR
▼ NegativeCapitalrelevance
Net income fell 12% and combined ratio worsened to 86.8 from 85.3.
Impact on stocks 1
Financials
Progressive CorpProgressive reported July 2026 results with net income of $961 million, down 12% from $1,090 million a year earlier. Net premiums written rose 5% to $7,441 million, while net premiums earned increased 5% to $7,355 million. The combined ratio deteriorated to 86.8 from 85.3. Policies in force grew 7% to 40,304 thousand, driven by a 9% increase in direct auto policies.
Progressive CorpNet income fell 12% and combined ratio worsened to 86.8 from 85.3.