Progressive net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Progressive earned 2.54B USD in Q3 FY2026, the three months to 30 September 2026, down 2.8% on the same quarter a year before. Progressive's net income over the last twelve months was 11.62B USD, up 8.5% on the twelve months before. In fiscal year 2025 it earned 11.31B USD, up 33.3% on the year before.
Last updated 11 Nov 2026 · Next report 27 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 11.62B | +8.48% | 12.67% | 91.72B |
| FY2025 | 31 Dec 2025 | 11.31B | +33.35% | 12.90% | 87.64B |
| FY2024 | 31 Dec 2024 | 8.48B | +117.27% | 11.26% | 75.34B |
| FY2023 | 31 Dec 2023 | 3.90B | +440.58% | 6.29% | 62.08B |
| FY2022 | 31 Dec 2022 | 722.00M | -78.45% | 1.46% | 49.59B |
| FY2021 | 31 Dec 2021 | 3.35B | -41.26% | 7.03% | 47.68B |
| FY2020 | 31 Dec 2020 | 5.70B | +43.68% | 13.38% | 42.64B |
| FY2019 | 31 Dec 2019 | 3.97B | +51.81% | 10.18% | 39.00B |
| FY2018 | 31 Dec 2018 | 2.62B | +64.26% | 8.18% | 31.95B |
| FY2017 | 31 Dec 2017 | 1.59B | +54.43% | 5.94% | 26.82B |
| FY2016 | 31 Dec 2016 | 1.03B | -18.67% | 4.40% | 23.42B |
| FY2015 | 31 Dec 2015 | 1.27B | -1.05% | 6.08% | 20.83B |
| FY2014 | 31 Dec 2014 | 1.28B | +9.92% | 6.61% | 19.38B |
| FY2013 | 31 Dec 2013 | 1.17B | +29.16% | 6.42% | 18.16B |
| FY2012 | 31 Dec 2012 | 902.30M | -11.15% | 5.29% | 17.07B |
| FY2011 | 31 Dec 2011 | 1.02B | -4.94% | 6.44% | 15.76B |
| FY2010 | 31 Dec 2010 | 1.07B | +1.02% | 7.03% | 15.20B |
| FY2009 | 31 Dec 2009 | 1.06B | — | 7.26% | 14.56B |
| FY2008 | 31 Dec 2008 | -70.00M | -105.92% | -0.55% | 12.84B |
| FY2007 | 31 Dec 2007 | 1.18B | -28.22% | 8.05% | 14.69B |
| FY2006 | 31 Dec 2006 | 1.65B | +18.19% | 11.14% | 14.79B |
| FY2005 | 31 Dec 2005 | 1.39B | -15.45% | 9.75% | 14.30B |
| FY2004 | 31 Dec 2004 | 1.65B | +31.33% | 11.96% | 13.78B |
| FY2003 | 31 Dec 2003 | 1.26B | +88.13% | 10.56% | 11.89B |
| FY2002 | 31 Dec 2002 | 667.30M | +62.20% | 7.18% | 9.29B |
| FY2001 | 31 Dec 2001 | 411.40M | +792.41% | 5.49% | 7.49B |
| FY2000 | 31 Dec 2000 | 46.10M | -84.38% | 0.68% | 6.77B |
| FY1999 | 31 Dec 1999 | 295.20M | -35.36% | 4.82% | 6.12B |
| FY1998 | 31 Dec 1998 | 456.70M | +14.18% | 8.63% | 5.29B |
| FY1997 | 31 Dec 1997 | 400.00M | +27.51% | 8.68% | 4.61B |
| FY1996 | 31 Dec 1996 | 313.70M | +25.23% | 9.02% | 3.48B |
| FY1995 | 31 Dec 1995 | 250.50M | -8.68% | 8.32% | 3.01B |
| FY1994 | 31 Dec 1994 | 274.30M | +2.62% | 11.36% | 2.42B |
| FY1993 | 31 Dec 1993 | 267.30M | +73.80% | 13.67% | 1.95B |
| FY1992 | 31 Dec 1992 | 153.80M | +367.48% | 8.84% | 1.74B |
| FY1991 | 31 Dec 1991 | 32.90M | -64.78% | 2.20% | 1.49B |
| FY1990 | 31 Dec 1990 | 93.40M | +19.74% | 68.32% | 136.70M |
| FY1989 | 31 Dec 1989 | 78.00M | -27.84% | 5.60% | 1.39B |
| FY1988 | 31 Dec 1988 | 108.10M | +18.40% | 8.04% | 1.34B |
| FY1987 | 31 Dec 1987 | 91.30M | +65.10% | 9.13% | 999.90M |
| FY1986 | 31 Dec 1986 | 55.30M | +116.86% | 7.56% | 731.90M |
| FY1985 | 31 Dec 1985 | 25.50M | — | 5.20% | 490.80M |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 2.54B | -2.79% | 10.97% | 23.18B |
| Q2 FY2026 | 30 Jun 2026 | 3.31B | +4.28% | 14.02% | 23.62B |
| Q1 FY2026 | 31 Mar 2026 | 2.82B | +9.78% | 12.71% | 22.18B |
| Q4 FY2025 | 31 Dec 2025 | 2.95B | +25.23% | 12.98% | 22.74B |
| Q3 FY2025 | 30 Sept 2025 | 2.62B | +12.07% | 11.62% | 22.51B |
| Q2 FY2025 | 30 Jun 2025 | 3.18B | +117.61% | 14.44% | 22.00B |
| Q1 FY2025 | 31 Mar 2025 | 2.57B | +10.12% | 12.58% | 20.40B |
| Q4 FY2024 | 31 Dec 2024 | 2.36B | +18.55% | 11.63% | 20.27B |
| Q3 FY2024 | 30 Sept 2024 | 2.33B | +108.10% | 11.84% | 19.71B |
| Q2 FY2024 | 30 Jun 2024 | 1.46B | +322.41% | 8.05% | 18.13B |
| Q1 FY2024 | 31 Mar 2024 | 2.33B | +420.43% | 13.52% | 17.24B |
| Q4 FY2023 | 31 Dec 2023 | 1.99B | +140.54% | 11.77% | 16.88B |
| Q3 FY2023 | 30 Sept 2023 | 1.12B | +803.55% | 7.21% | 15.55B |
| Q2 FY2023 | 30 Jun 2023 | 345.40M | — | 2.25% | 15.35B |
| Q1 FY2023 | 31 Mar 2023 | 447.90M | +42.69% | 3.13% | 14.30B |
| Q4 FY2022 | 31 Dec 2022 | 826.40M | -14.12% | 6.14% | 13.46B |
| Q3 FY2022 | 30 Sept 2022 | 124.10M | +4.73% | 0.97% | 12.77B |
| Q2 FY2022 | 30 Jun 2022 | -542.90M | -168.71% | -4.72% | 11.51B |
| Q1 FY2022 | 31 Mar 2022 | 313.90M | -78.79% | 2.65% | 11.84B |
| Q4 FY2021 | 31 Dec 2021 | 962.30M | -42.87% | 7.71% | 12.49B |
| Q3 FY2021 | 30 Sept 2021 | 118.50M | -92.26% | 1.00% | 11.85B |
| Q2 FY2021 | 30 Jun 2021 | 790.10M | -55.87% | 6.64% | 11.90B |
| Q1 FY2021 | 31 Mar 2021 | 1.48B | +113.66% | 12.94% | 11.44B |
| Q4 FY2020 | 31 Dec 2020 | 1.68B | +57.29% | 14.76% | 11.41B |
| Q3 FY2020 | 30 Sept 2020 | 1.53B | +81.87% | 13.99% | 10.94B |
| Q2 FY2020 | 30 Jun 2020 | 1.79B | +82.81% | 16.33% | 10.97B |
| Q1 FY2020 | 31 Mar 2020 | 692.70M | -35.77% | 7.43% | 9.32B |
| Q4 FY2019 | 31 Dec 2019 | 1.07B | +304.53% | 9.98% | 10.73B |
| Q3 FY2019 | 30 Sept 2019 | 841.70M | -9.34% | 8.84% | 9.52B |
| Q2 FY2019 | 30 Jun 2019 | 979.40M | +39.08% | 10.37% | 9.44B |
| Q1 FY2019 | 31 Mar 2019 | 1.08B | +50.19% | 11.60% | 9.29B |
| Q4 FY2018 | 31 Dec 2018 | 264.70M | -54.07% | 3.30% | 8.03B |
| Q3 FY2018 | 30 Sept 2018 | 928.40M | +314.46% | 10.94% | 8.49B |
| Q2 FY2018 | 30 Jun 2018 | 704.20M | +91.57% | 8.79% | 8.01B |
| Q1 FY2018 | 31 Mar 2018 | 718.00M | +69.22% | 9.67% | 7.42B |
| Q4 FY2017 | 31 Dec 2017 | 576.30M | +50.39% | 8.10% | 7.12B |
| Q3 FY2017 | 30 Sept 2017 | 224.00M | +12.73% | 3.30% | 6.79B |
| Q2 FY2017 | 30 Jun 2017 | 367.60M | +92.56% | 5.57% | 6.60B |
| Q1 FY2017 | 31 Mar 2017 | 424.30M | +64.33% | 6.72% | 6.32B |
| Q4 FY2016 | 31 Dec 2016 | 383.20M | +15.98% | 6.26% | 6.12B |
| Q3 FY2016 | 30 Sept 2016 | 198.70M | -28.60% | 3.35% | 5.93B |
| Q2 FY2016 | 30 Jun 2016 | 190.90M | -47.45% | 3.28% | 5.81B |
| Q1 FY2016 | 31 Mar 2016 | 258.20M | -12.65% | 4.65% | 5.55B |
| Q4 FY2015 | 31 Dec 2015 | 330.40M | -10.75% | 6.12% | 5.39B |
| Q3 FY2015 | 30 Sept 2015 | 278.30M | -6.01% | 5.28% | 5.27B |
| Q2 FY2015 | 30 Jun 2015 | 363.30M | +23.82% | 6.88% | 5.28B |
| Q1 FY2015 | 31 Mar 2015 | 295.60M | -8.00% | 6.04% | 4.89B |
| Q4 FY2014 | 31 Dec 2014 | 370.20M | +23.48% | 7.16% | 5.17B |
| Q3 FY2014 | 30 Sept 2014 | 296.10M | +27.41% | 6.21% | 4.77B |
| Q2 FY2014 | 30 Jun 2014 | 293.40M | -9.61% | 6.20% | 4.74B |
| Q1 FY2014 | 31 Mar 2014 | 321.30M | +4.12% | 6.83% | 4.70B |
| Q4 FY2013 | 31 Dec 2013 | 299.80M | +20.35% | 6.50% | 4.61B |
| Q3 FY2013 | 30 Sept 2013 | 232.40M | -16.10% | 5.14% | 4.52B |
| Q2 FY2013 | 30 Jun 2013 | 324.60M | +173.69% | 7.07% | 4.59B |
| Q1 FY2013 | 31 Mar 2013 | 308.60M | +19.80% | 6.96% | 4.43B |
| Q4 FY2012 | 31 Dec 2012 | 249.10M | -2.96% | 5.48% | 4.55B |
| Q3 FY2012 | 30 Sept 2012 | 277.00M | +83.81% | 6.27% | 4.42B |
| Q2 FY2012 | 30 Jun 2012 | 118.60M | -51.63% | 2.84% | 4.18B |
| Q1 FY2012 | 31 Mar 2012 | 257.60M | -29.02% | 6.25% | 4.12B |
| Q4 FY2011 | 31 Dec 2011 | 256.70M | -14.20% | 6.53% | 3.93B |
| Q3 FY2011 | 30 Sept 2011 | 150.70M | -42.39% | 3.95% | 3.81B |
| Q2 FY2011 | 30 Jun 2011 | 245.20M | +15.71% | 6.33% | 3.87B |
| Q1 FY2011 | 31 Mar 2011 | 362.90M | +22.77% | 9.32% | 3.89B |
| Q4 FY2010 | 31 Dec 2010 | 299.20M | -1.90% | 7.77% | 3.85B |
| Q3 FY2010 | 30 Sept 2010 | 261.60M | -3.08% | 6.95% | 3.76B |
| Q2 FY2010 | 30 Jun 2010 | 211.90M | -15.27% | 5.75% | 3.69B |
| Q1 FY2010 | 31 Mar 2010 | 295.60M | +27.14% | 8.06% | 3.67B |
| Q4 FY2009 | 31 Dec 2009 | 305.00M | +91.46% | 7.82% | 3.90B |
| Q3 FY2009 | 30 Sept 2009 | 269.90M | — | 7.48% | 3.61B |
| Q2 FY2009 | 30 Jun 2009 | 250.10M | +16.06% | 6.98% | 3.58B |
| Q1 FY2009 | 31 Mar 2009 | 232.50M | -2.88% | 6.70% | 3.47B |
| Q4 FY2008 | 31 Dec 2008 | 159.30M | -32.53% | 4.54% | 3.51B |
| Q3 FY2008 | 30 Sept 2008 | -684.20M | -328.68% | -30.96% | 2.21B |
| Q2 FY2008 | 30 Jun 2008 | 215.50M | -24.04% | 6.09% | 3.54B |
| Q1 FY2008 | 31 Mar 2008 | 239.40M | -34.14% | 6.68% | 3.59B |
| Q4 FY2007 | 31 Dec 2007 | 236.10M | -41.11% | 6.53% | 3.61B |
| Q3 FY2007 | 30 Sept 2007 | 299.20M | -26.95% | 8.07% | 3.71B |
| Q2 FY2007 | 30 Jun 2007 | 283.70M | -29.15% | 7.72% | 3.68B |
| Q1 FY2007 | 31 Mar 2007 | 363.50M | -16.74% | 9.86% | 3.69B |
| Q4 FY2006 | 31 Dec 2006 | 400.90M | +42.37% | 10.85% | 3.69B |
| Q3 FY2006 | 30 Sept 2006 | 409.60M | +34.16% | 11.00% | 3.72B |
| Q2 FY2006 | 30 Jun 2006 | 400.40M | +1.55% | 10.80% | 3.71B |
| Q1 FY2006 | 31 Mar 2006 | 436.60M | +5.79% | 11.93% | 3.66B |
| Q4 FY2005 | 31 Dec 2005 | 281.60M | -31.90% | 7.82% | 3.60B |
| Q3 FY2005 | 30 Sept 2005 | 305.30M | -21.50% | 8.43% | 3.62B |
| Q2 FY2005 | 30 Jun 2005 | 394.30M | +2.07% | 10.98% | 3.59B |
| Q1 FY2005 | 31 Mar 2005 | 412.70M | -10.28% | 11.82% | 3.49B |
| Q4 FY2004 | 31 Dec 2004 | 413.50M | +15.57% | 11.19% | 3.70B |
| Q3 FY2004 | 30 Sept 2004 | 388.90M | +21.61% | 11.31% | 3.44B |
| Q2 FY2004 | 30 Jun 2004 | 386.30M | +34.93% | 11.47% | 3.37B |
| Q1 FY2004 | 31 Mar 2004 | 460.00M | +57.80% | 14.02% | 3.28B |
| Q4 FY2003 | 31 Dec 2003 | 357.80M | +135.09% | 11.29% | 3.17B |
| Q3 FY2003 | 30 Sept 2003 | 319.80M | +79.16% | 10.38% | 3.08B |
| Q2 FY2003 | 30 Jun 2003 | 286.30M | +78.49% | 9.80% | 2.92B |
| Q1 FY2003 | 31 Mar 2003 | 291.50M | +65.44% | 10.72% | 2.72B |
| Q4 FY2002 | 31 Dec 2002 | 152.20M | +22.05% | 5.97% | 2.55B |
| Q3 FY2002 | 30 Sept 2002 | 178.50M | +85.17% | 7.38% | 2.42B |
| Q2 FY2002 | 30 Jun 2002 | 160.40M | +54.68% | 7.10% | 2.26B |
| Q1 FY2002 | 31 Mar 2002 | 176.20M | +103.46% | 8.52% | 2.07B |
| Q4 FY2001 | 31 Dec 2001 | 124.70M | +159.79% | 6.26% | 1.99B |
| Q3 FY2001 | 30 Sept 2001 | 96.40M | +63.95% | 5.18% | 1.86B |
| Q2 FY2001 | 30 Jun 2001 | 103.70M | — | 5.57% | 1.86B |
| Q1 FY2001 | 31 Mar 2001 | 86.60M | — | 4.88% | 1.77B |
| Q4 FY2000 | 31 Dec 2000 | 48.00M | +1,163.16% | 2.72% | 1.76B |
| Q3 FY2000 | 30 Sept 2000 | 58.80M | -20.54% | 3.36% | 1.75B |
| Q2 FY2000 | 30 Jun 2000 | -14.10M | -112.58% | -0.85% | 1.65B |
| Q1 FY2000 | 31 Mar 2000 | -46.60M | -144.25% | -2.91% | 1.60B |
| Q4 FY1999 | 31 Dec 1999 | 3.80M | -95.16% | 0.24% | 1.60B |
| Q3 FY1999 | 30 Sept 1999 | 74.00M | -45.23% | 4.67% | 1.59B |
| Q2 FY1999 | 30 Jun 1999 | 112.10M | -8.86% | 7.35% | 1.52B |
| Q1 FY1999 | 31 Mar 1999 | 105.30M | -12.32% | 7.47% | 1.41B |
| Q4 FY1998 | 31 Dec 1998 | 78.50M | -25.38% | 5.86% | 1.34B |
| Q3 FY1998 | 30 Sept 1998 | 135.10M | +16.27% | 9.91% | 1.36B |
| Q2 FY1998 | 30 Jun 1998 | 123.00M | +20.47% | 9.21% | 1.34B |
| Q1 FY1998 | 31 Mar 1998 | 120.10M | +56.99% | 9.57% | 1.25B |
| Q4 FY1997 | 31 Dec 1997 | 105.20M | +14.72% | 7.97% | 1.32B |
| Q3 FY1997 | 30 Sept 1997 | 116.20M | +44.71% | 9.66% | 1.20B |
| Q2 FY1997 | 30 Jun 1997 | 102.10M | +30.23% | 9.13% | 1.12B |
| Q1 FY1997 | 31 Mar 1997 | 76.50M | +20.66% | 7.92% | 966.50M |
| Q4 FY1996 | 31 Dec 1996 | 91.70M | +38.10% | 9.78% | 937.40M |
| Q3 FY1996 | 30 Sept 1996 | 80.30M | +28.48% | 8.98% | 893.90M |
| Q2 FY1996 | 30 Jun 1996 | 78.40M | +28.95% | 9.24% | 848.10M |
| Q1 FY1996 | 31 Mar 1996 | 63.40M | +4.45% | 7.93% | 799.00M |
| Q4 FY1995 | 31 Dec 1995 | 66.40M | -34.19% | 8.48% | 782.90M |
| Q3 FY1995 | 30 Sept 1995 | 62.50M | -3.55% | 8.06% | 775.70M |
| Q2 FY1995 | 30 Jun 1995 | 60.80M | +0.50% | 8.01% | 759.50M |
| Q1 FY1995 | 31 Mar 1995 | 60.70M | +26.20% | 8.75% | 693.80M |
| Q4 FY1994 | 31 Dec 1994 | 100.90M | +88.95% | 15.18% | 664.80M |
| Q3 FY1994 | 30 Sept 1994 | 64.80M | -21.55% | 10.22% | 634.10M |
| Q2 FY1994 | 30 Jun 1994 | 60.50M | -24.09% | 10.19% | 594.00M |
| Q1 FY1994 | 31 Mar 1994 | 48.10M | -6.78% | 9.21% | 522.40M |
| Q4 FY1993 | 31 Dec 1993 | 53.40M | +62.31% | 10.48% | 509.70M |
| Q3 FY1993 | 30 Sept 1993 | 82.60M | +84.79% | 16.02% | 515.60M |
| Q2 FY1993 | 30 Jun 1993 | 79.70M | +98.75% | 16.12% | 494.40M |
| Q1 FY1993 | 31 Mar 1993 | 51.60M | +42.94% | 11.86% | 435.10M |
| Q4 FY1992 | 31 Dec 1992 | 32.90M | — | 7.61% | 432.30M |
| Q3 FY1992 | 30 Sept 1992 | 44.70M | +299.11% | 10.84% | 412.50M |
| Q2 FY1992 | 30 Jun 1992 | 40.10M | +313.40% | 7.91% | 507.00M |
| Q1 FY1992 | 31 Mar 1992 | 36.10M | +40.47% | 9.33% | 387.00M |
| Q4 FY1991 | 31 Dec 1991 | -13.70M | -223.42% | -3.61% | 379.20M |
| Q3 FY1991 | 30 Sept 1991 | 11.20M | -38.12% | 2.89% | 387.40M |
| Q2 FY1991 | 30 Jun 1991 | 9.70M | -73.64% | 2.60% | 373.60M |
| Q1 FY1991 | 31 Mar 1991 | 25.70M | -6.20% | 7.28% | 352.90M |
| Q4 FY1990 | 31 Dec 1990 | 11.10M | +3,600.00% | — | -898.80M |
| Q3 FY1990 | 30 Sept 1990 | 18.10M | -23.63% | 5.20% | 348.00M |
| Q2 FY1990 | 30 Jun 1990 | 36.80M | +16.83% | 10.64% | 345.90M |
| Q1 FY1990 | 31 Mar 1990 | 27.40M | +21.78% | 8.02% | 341.60M |
| Q4 FY1989 | 31 Dec 1989 | 300.00K | -98.95% | 0.09% | 335.40M |
| Q3 FY1989 | 30 Sept 1989 | 23.70M | -7.42% | 6.68% | 354.80M |
| Q2 FY1989 | 30 Jun 1989 | 31.50M | +33.47% | 8.91% | 353.60M |
| Q1 FY1989 | 31 Mar 1989 | 22.50M | -26.95% | 6.45% | 348.90M |
| Q4 FY1988 | 31 Dec 1988 | 28.70M | +21.61% | 6.59% | 435.50M |
| Q3 FY1988 | 30 Sept 1988 | 25.60M | +2.40% | 8.20% | 312.10M |
| Q2 FY1988 | 30 Jun 1988 | 23.60M | +5.36% | 7.66% | 307.90M |
| Q1 FY1988 | 31 Mar 1988 | 30.80M | +51.72% | 10.65% | 289.20M |
| Q4 FY1987 | 31 Dec 1987 | 23.60M | +594.12% | 7.96% | 296.30M |
| Q3 FY1987 | 30 Sept 1987 | 25.00M | +103.25% | 9.64% | 259.40M |
| Q2 FY1987 | 30 Jun 1987 | 22.40M | +21.74% | 9.54% | 234.80M |
| Q1 FY1987 | 31 Mar 1987 | 20.30M | +48.18% | 9.69% | 209.40M |
| Q4 FY1986 | 31 Dec 1986 | 3.40M | -63.83% | 1.40% | 242.40M |
| Q3 FY1986 | 30 Sept 1986 | 12.30M | +192.86% | 6.94% | 177.30M |
| Q2 FY1986 | 30 Jun 1986 | 18.40M | — | 11.32% | 162.60M |
| Q1 FY1986 | 31 Mar 1986 | 13.70M | — | 9.16% | 149.60M |
| Q4 FY1985 | 31 Dec 1985 | 9.40M | — | 5.42% | 173.30M |
| Q3 FY1985 | 30 Sept 1985 | 4.20M | — | 3.37% | 124.60M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Progressive's profit
Source: Financial Modeling PrepVerified against SEC filings
