Net Income for Progressive (PGR)
According to Progressive's latest reported financial statements, the company's current net income (TTM) is $11.56B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PGR
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$11.56B
YoY change
+33.3%
5Y CAGR
+14.7%
Peak year (2025)
$11.31B
Cumulative net income
$61.51B
Net Income history chart for Progressive (PGR) from 1985 to 2025
Net Income history table for Progressive (PGR) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $11.31B | +33.3% | ||
| 2024 | $8.48B | +117.3% | ||
| 2023 | $3.90B | +440.6% | ||
| 2022 | $722.00M | -78.5% | ||
| 2021 | $3.35B | -41.3% | ||
| 2020 | $5.70B | +43.7% | ||
| 2019 | $3.97B | +51.8% | ||
| 2018 | $2.62B | +64.3% | ||
| 2017 | $1.59B | +54.4% | ||
| 2016 | $1.03B | -18.7% | ||
| 2015 | $1.27B | -1.0% | ||
| 2014 | $1.28B | +9.9% | ||
| 2013 | $1.17B | +29.2% | ||
| 2012 | $902.30M | -11.1% | ||
| 2011 | $1.02B | -4.9% | ||
| 2010 | $1.07B | +1.0% | ||
| 2009 | $1.06B | -1610.7% | ||
| 2008 | -$70.00M | -105.9% | ||
| 2007 | $1.18B | -28.2% | ||
| 2006 | $1.65B | +18.2% | ||
| 2005 | $1.39B | -15.5% | ||
| 2004 | $1.65B | +31.3% | ||
| 2003 | $1.26B | +88.1% | ||
| 2002 | $667.30M | +62.2% | ||
| 2001 | $411.40M | +792.4% | ||
| 2000 | $46.10M | -84.4% | ||
| 1999 | $295.20M | -35.4% | ||
| 1998 | $456.70M | +14.2% | ||
| 1997 | $400.00M | +27.5% | ||
| 1996 | $313.70M | +25.2% | ||
| 1995 | $250.50M | -8.7% | ||
| 1994 | $274.30M | +2.6% | ||
| 1993 | $267.30M | +73.8% | ||
| 1992 | $153.80M | +367.5% | ||
| 1991 | $32.90M | -64.8% | ||
| 1990 | $93.40M | +19.7% | ||
| 1989 | $78.00M | -27.8% | ||
| 1988 | $108.10M | +18.4% | ||
| 1987 | $91.30M | +65.1% | ||
| 1986 | $55.30M | +116.9% | ||
| 1985 | $25.50M | — |
Net Income values are taken from Progressive's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Progressive (PGR) net income is $11.31B – surged 33.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Progressive net income compounded at +14.7% per year, sustaining 3 straight years of year-over-year growth.
The dataset's maximum net income sits at $11.31B (2025); the minimum reading of -$70.00M dates to 2008.
Among 8 Financial Services peers, Progressive (PGR) ranks 9th; the peer median for net income is $20.70B.
Progressive Net Income by Year
Progressive Net Income 2025: $11.31B
Progressive net income in 2025 was $11.31B, surged 33.3% from 2024. This figure represents the highest annual value in the available history.
Progressive Net Income 2024: $8.48B
Progressive net income in 2024 was $8.48B, surged 117.3% from 2023.
Progressive Net Income 2023: $3.90B
Progressive net income in 2023 was $3.90B, surged 440.6% from 2022.
Progressive Net Income 2022: $722.00M
Progressive net income in 2022 was $722.00M, plunged 78.5% below 2021.
Progressive Net Income 2021: $3.35B
Progressive net income in 2021 was $3.35B.
See more financial history for Progressive (PGR).
Sector peers — Net Income
Companies in the same sector as Progressive, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Wells Fargo & Company (WFC) | $21.34B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
Frequently asked questions
What is Progressive's net income?
- Latest reported net income for Progressive (PGR) is $11.56B (period ending March 31, 2026).
How has Progressive net income changed year-over-year?
- Progressive (PGR) net income changed +33.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Progressive net income?
- Progressive (PGR) net income compound annual growth rate is +14.7% over the most recent 5 years available.
When did Progressive net income hit its highest annual value?
- Progressive net income reached its highest annual value of $11.31B in 2025.
What was Progressive net income in 2024?
- Progressive (PGR) net income in 2024 was $8.48B.
What was Progressive net income in 2025?
- Progressive (PGR) net income in 2025 was $11.31B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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