10-Q quarterly report · filed Aug 3, 2026

Progressive Corporation (PGR) Q2 2026 10-Q Quarterly Report

Short answer

Progressive Corporation (PGR) filed its Q2 2026 10-Q quarterly report on Aug 3, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $23.6B (up 7.3% year over year) with net income of $3.3B.

Q2 2026 key financials · XBRL

Revenue
$23.6B
+7.3% YoY · +6.4% QoQ
Net income
$3.3B
+4.3% YoY · +17.5% QoQ
EPS (diluted)
$5.67
+5.0% YoY · +18.1% QoQ

Source: XBRL data from the Progressive Corporation (PGR) Q2 2026 10-Q on SEC EDGAR. USD.

Progressive Corporation Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net premiums written $21.1B, up $1.0B or 5% YoY; net premiums earned up 6%
  • Underwriting profit $2.73B; margin 12.7% vs 13.8% YoY
  • Commercial Lines strongest: margin 14.7% vs 13.2%; Personal Lines weakest: 12.4% vs 14.0%
  • Operating cash flow $8.0B vs $9.2B YoY; $1.2B Florida policyholder credits reduced cash generation
  • $1.1B share repurchases; $1.5B senior-note issuance; management expects positive cash flows and no near-term capital raise need

Risk Factors

  • No material changes from the December 31, 2025 Form 10-K risk factors
  • Carried-forward regulatory, legal, and compliance risks unchanged from the 10-K
  • Carried-forward operational and competitive risks unchanged from the 10-K
  • Carried-forward liquidity, debt, currency, and concentration risks unchanged from the 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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