The Progressive Corporation
PGRNYSEFinancial Services● Active
$204.02
+$8.64(+4.42%)
Market Cap$119.2B
P/E Ratio—
52W High$283.95
52W Low$189.2
The Progressive Corporation (PGR) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · PGR · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $87.64B | $75.34B | $62.08B | $49.59B | $47.68B |
| Cost of Revenue | $61.81B | $54.44B | $50.32B | $42.04B | $37.34B |
| Gross Profit | $25.83B | $20.90B | $11.76B | $7.55B | $10.34B |
| Gross Margin %(computed) | 29.47% | 27.74% | 18.95% | 15.22% | 21.68% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Total Operating Expenses | $11.61B | $10.19B | $6.86B | $6.63B | $6.13B |
| Operating Income | $14.22B | $10.71B | $4.90B | $0.92B | $4.21B |
| Operating Margin %(computed) | 16.23% | 14.22% | 7.90% | 1.86% | 8.83% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.28B | $0.28B | $0.27B | $0.24B | $0.22B |
| Income Before Tax | $14.22B | $10.71B | $4.90B | $0.92B | $4.21B |
| Income Tax Expense | $2.92B | $2.23B | $1.00B | $0.20B | $0.86B |
| Net Income | $11.31B | $8.48B | $3.90B | $0.72B | $3.35B |
| Net Margin %(computed) | 12.90% | 11.26% | 6.29% | 1.46% | 7.03% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $19.29 | $14.45 | $6.61 | $1.19 | $5.69 |
| Wtd Avg Shares | 0.59B | 0.59B | 0.58B | 0.58B | 0.58B |
| EBITDA | $14.81B | $11.28B | $5.46B | $1.47B | $4.77B |
| EBITDA Margin %(computed) | 16.90% | 14.97% | 8.79% | 2.97% | 10.00% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About The Progressive Corporation (PGR) Income Statement
The Progressive Corporation (PGR) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, PGR reported revenue of $87.64B, gross profit of $25.83B (gross margin 29.47%), and net income of $11.31B — a net profit margin of 12.90%.
Frequently asked questions
PGR · 4 questionsThe Progressive Corporation (PGR) reported revenue of $87.64B for 2025, up 16.3% year-over-year.
PGR revenuePGR salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08