8-KItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Progressive Reports 6% Premium Growth but Lower August Net Income
Filed with the SEC on · Summarized by InvestorsBot
Progressive reported August 2026 net premiums written of $7.605 billion, up 6% from a year earlier, while net income fell 22% to $951 million and diluted earnings per share declined to $1.63 from $2.07. The combined ratio worsened to 89.3% from 83.1%, reflecting severe-weather catastrophe losses, while policies in force increased 7% to 40.492 million; year-to-date net income was $8.041 billion versus $8.052 billion in 2025.