PGR Q3 2025 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$122B

Q3 2025 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$22.5B+14.2% YoY

Gross Profit

$3.5B15.8% margin

Operating Income

$3.3B14.8% margin

Net Income

$2.6B11.6% margin

EPS (Diluted)

$4.45

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$5.2B

Free Cash Flow

$5.1B

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$121.5B

Total Liabilities

$86.1B

Stockholders' Equity

$35.4B

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.5B	$19.7B	+14.2%
Gross Profit	$3.5B	$5.8B	-39.0%
Operating Income	$3.3B	$2.9B	+12.8%
Net Income	$2.6B	$2.3B	+12.1%

Revenue Segments

Personal Lines Segment

$18.4B87%

Commercial Lines Segment

$2.8B13%