Progressive reports August results. Progressive Corp stock gains 1.13 percent

Published on 10/07/2026 at 14:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

August net income fell 22 percent to USD 951 million. Progressive Corp stock costs EUR 190.45 on October 7, 2026 after EUR 188.33.

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Progressive Corp (ISIN US7433151039) was trading at EUR 190.45 at Lang & Schwarz on October 7, 2026 at 2:33 p.m. CEST, up 1.13 percent versus the prior close of EUR 188.33. The September 18, 2026 release from Progressive reported a mixed August operating picture, with premium growth continuing while net income declined.

August premiums rose, income fell

Net premiums written increased to USD 7.605 billion in August 2026 from USD 7.199 billion in August 2025, a 6 percent increase, according to Progressive.

The counterweight was profitability. August 2026 net income fell 22 percent to USD 951 million from USD 1.220 billion a year earlier, while earnings per share available to common shareholders declined 21 percent to USD 1.63. The combined ratio rose to 89.3 from 83.1, a 6.2-point deterioration.

Second-quarter scale remains visible

The latest quarterly picture was stronger than the August monthly comparison. Simply Wall St reported that second-quarter 2026 revenue reached USD 23.6 billion, up 7.3 percent from the second quarter of 2025, while net income rose 4.3 percent to USD 3.31 billion.

Progressive's policy base also expanded. The company's August release showed total policies in force at 40.492 million, up 7 percent from 37.890 million in August 2025. Personal Lines accounted for 39.247 million policies, also 7 percent above the year-earlier figure.

October 14 brings the next test

The next scheduled operating update is September 2026 results on October 14, 2026, a date listed by Simply Wall St. That release will help investors judge whether August's higher combined ratio was a monthly setback or an early sign of margin pressure.

On the NYSE, PGR was last at USD 212.05 at 4:00 p.m. ET on October 6, 2026. Its 52-week range was USD 189.20 to USD 245.64, while market capitalization stood at USD 123.3 billion at that timestamp.

Progressive stock stays below its yearly high

At Lang & Schwarz, Progressive was trading at EUR 190.45 on October 7, 2026 at 2:33 p.m. CEST, plus 1.13 percent versus the EUR 188.33 prior close of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Progressive Corp stock.