8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Progressive Reports September Profit Growth and 6% Increase in Policies
Filed with the SEC on · Summarized by InvestorsBot
Progressive reported September net income of $630 million, or $1.08 per diluted share, up from $305 million a year earlier, while net premiums earned rose 5% to $7.16 billion and the combined ratio improved to 90.0% from 100.4%. Policies in force increased 6% to 40.489 million as of September 30, 2026; however, investment losses produced $231 million in pretax realized losses for the month, and the company reported a $679 million comprehensive loss.