Progressive financials
$209.47+1.93%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.02B | $22.19B | $22.75B | $22.51B | $21.64B | $20.41B | $20.28B | $19.72B | $18.13B | $17.24B | $16.89B | $15.56B |
| Gross profit | $6.88B | $6.82B | $8.02B | $6.56B | $6.52B | $6.15B | $5.84B | $5.82B | $4.23B | $5.04B | $4.20B | $3.00B |
| Gross margin | 29.9% | 30.8% | 35.2% | 29.1% | 30.1% | 30.1% | 28.8% | 29.5% | 23.3% | 29.2% | 24.8% | 19.3% |
| Operating income | $3.71B | $3.64B | $3.75B | $3.39B | $3.68B | $3.31B | $3.04B | $3.02B | $1.93B | $3.01B | $2.57B | $1.48B |
| Net income | $3.31B | $2.82B | $2.95B | $2.62B | $3.17B | $2.57B | $2.36B | $2.33B | $1.46B | $2.31B | $1.98B | $1.11B |
| Net margin | 14.4% | 12.7% | 13.0% | 11.6% | 14.7% | 12.6% | 11.6% | 11.8% | 8.0% | 13.4% | 11.7% | 7.1% |
| Diluted EPS | $5.67 | $4.80 | $5.01 | $4.45 | $5.40 | $4.37 | $4.00 | $3.97 | $2.48 | $3.94 | $3.36 | $1.89 |
| EBITDA | $3.76B | $3.66B | $3.79B | $3.45B | $3.73B | $3.35B | $3.11B | $3.08B | $1.98B | $3.08B | $2.57B | $1.55B |
| Operating cash flow | $3.61B | $4.37B | $3.17B | $5.20B | $4.04B | $5.14B | $3.01B | $4.61B | $3.27B | $4.24B | $2.44B | $3.42B |
| Free cash flow | $3.47B | $4.30B | $3.05B | $5.13B | $3.94B | $5.08B | $2.90B | $4.55B | $3.20B | $4.18B | $2.35B | $3.38B |
| Diluted shares | 584.2M | 586.9M | 588.7M | 588.2M | 587.8M | 587.7M | 588.5M | 587.6M | 587.4M | 587.3M | 588.5M | 587.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $178.0M | $162.0M | $125.0M | $173.0M | $125.0M | $195.0M |
| Short-term investments | $15.0M | $17.0M | $13.0M | $12.0M | $10.0M | $12.0M |
| Total debt | $8.39B | $8.39B | $6.90B | $6.90B | $6.89B | $6.89B |
| Total assets | $124.92B | $122.21B | $123.04B | $121.53B | $115.48B | $111.41B |
| Total liabilities | $90.59B | $90.17B | $92.72B | $86.09B | $82.88B | $82.45B |
| Shareholders' equity | $34.33B | $32.04B | $30.32B | $35.45B | $32.60B | $28.95B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology