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Progressive Corp (PGR)
Insurance Financial
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Progressive Corporation Reports Strong January 2026 Results

Last updated: February 18, 2026
Taurigo

Mayfield Village, Ohio – February 18, 2026 – The Progressive Corporation (NYSE:PGR) has released its financial results for the month ending January 31, 2026, showcasing a solid performance across various metrics. The company reported growth in net premiums written, net income, and policies in force compared to the same month last year, reflecting its robust position in the insurance market.

1. Key Financial Highlights

Premiums and Income Growth

  • Net Premiums Written: Progressive witnessed a 4% increase in net premiums written, reaching $6.735 billion in January 2026, compared to $6.481 billion in January 2025.
  • Net Premiums Earned: The company also reported a 5% rise in net premiums earned, amounting to $6.921 billion, up from $6.586 billion a year ago.

Earnings Performance

  • Net Income: Progressive's net income for January 2026 was $1.163 billion, reflecting a 4% growth from $1.117 billion in January 2025.
  • Earnings Per Share: The earnings per share available to common shareholders rose to $1.98, a 4% increase from $1.90 in the prior year.

Investment Gains and Ratios

  • Pretax Net Realized Gains: The company reported total pretax net realized gains on securities of $103 million, a slight decline of 6% from $109 million in January 2025.
  • Combined Ratio: Progressive's combined ratio for the month was 84.4, marginally up from 84.1 in the same period last year, indicating a stable underwriting performance.

2. Policies in Force

Progressive also highlighted significant growth in its policies in force, reflecting its strong market presence:

  • Total Personal Lines Policies: The total for personal lines policies reached 37,686, marking a 10% increase from 34,181 in January 2025.
  • Agency Auto Policies: Increased by 10% to 10,855.
  • Direct Auto Policies: Grew by 14% to 16,164.
  • Special Lines Policies: Increased by 7% to 7,012.
  • Property Policies: Rose by 3% to 3,655.
  • Commercial Lines Policies: The total for commercial lines increased by 4% to 1,189.

3. Conclusion

Progressive Corporation's January 2026 results underscore its continued growth and resilience in the insurance sector. With an increase in both premiums and net income, alongside a solid number of policies in force, the company is well-positioned for future success. As the second largest personal auto insurer in the United States and a key player in other insurance markets, Progressive remains committed to providing innovative solutions and exceptional service to its customers.

For further details, Progressive encourages stakeholders to view the complete monthly earnings release available on its website.

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