Progressive (NYSE: PGR) net income
Progressive reported a net profit of $11,308m for fiscal 2025, 33.3% more than in fiscal 2024 ($8,480m). Its net margin was 12.9%. Earnings per share were $19.29.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $11,308m | +33.3% | 12.9% | $19.29 |
| 2024 | $8,480m | +117.3% | 11.3% | $14.45 |
| 2023 | $3,903m | +440.6% | 6.3% | $6.61 |
| 2022 | $722.0m | −78.5% | 1.5% | $1.19 |
| 2021 | $3,351m | −41.3% | 7.0% | $5.69 |
| 2020 | $5,705m | +43.7% | 13.4% | $9.71 |
| 2019 | $3,970m | +51.8% | 10.2% | $6.75 |
| 2018 | $2,615m | +64.3% | 8.2% | $4.45 |
| 2017 | $1,592m | +54.4% | 5.9% | $2.74 |
| 2016 | $1,031m | — | 4.4% | $1.77 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Progressive
- How much did Progressive earn in fiscal 2025?
- Progressive reported a net profit of $11,308m for fiscal 2025. In fiscal 2024 it reported a net profit of $8,480m.
- What are the earnings per share of Progressive?
- They were $19.29 in fiscal 2025, compared with $14.45 in fiscal 2024.
- What is the net margin of Progressive?
- In fiscal 2025 its net profit was 12.9% of its revenue.
- What was the most profitable year for Progressive?
- Of its last 10 fiscal years, fiscal 2025, with $11,308m.
- Where do the figures for Progressive come from?
- From the annual report (Form 10-K) that Progressive files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Progressive files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Progressive: the Progressive page · annual accounts · revenue · dividends paid · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.