Progressive Reports 5% Premium Growth and $961 Million July Net Income
Filed with the SEC on · Summarized by InvestorsBot
Progressive reported July 2026 net premiums written of $7.44 billion, up 5% from July 2025, while net income fell 12% to $961 million, or $1.65 per diluted share. The combined ratio increased to 86.8% from 85.3%, and policies in force grew 7% to 40.3 million; year-to-date net income was $7.09 billion, compared with $6.83 billion a year earlier.