Progressive April 2026 EPS $1.86 Up From $1.68 YoY; Net Premiums Written $7.278B Up From $6.837B YoY

Benzinga05-20 20:19

The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2026:

April
(millions, except per share amounts and ratios; unaudited)20262025Change     
Net premiums written$7,278$6,8376%   
Net premiums earned$7,112$6,6417%   
Net income$1,087$98610%   
Per share available to common shareholders$1.86$1.6811%   
Total pretax net realized gains (losses) on securities$402$(3)NM   
Combined ratio90.284.95.3pts.     
Average diluted equivalent common shares585.3587.70%     
NM = Not Meaningful         
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