Progressive Reports June 2026 Results

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

June Quarter (millions, except per share amounts and ratios; unaudited) 2026 2025 Change 2026 2025 Change Net premiums written $ 6,772 $ 6,605 3 % $ 21,077 $ 20,076 5 % Net premiums earned $ 7,100 $ 6,954 2 % $ 21,573 $ 20,310 6 % Net income $ 779 $ 1,124 (31) % $ 3,311 $ 3,175 4 % Per share available to common shareholders $ 1.34 $ 1.91 (30) % $ 5.67 $ 5.40 5 % Total pretax net realized gains (losses) on securities $ (13) $ 179 (107) % $ 604 $ 387 56 % Combined ratio 90.0 86.6 3.4 pts. 87.3 86.2 1.1 pts. Average diluted equivalent common shares 583.1 588.0 (1) % 584.2 587.8 (1) %

June 30, (thousands; unaudited) 2026 2025 % Change Policies in Force Personal Lines Agency – auto 11,211 10,423 8 Direct – auto 16,721 15,245 10 Special lines 7,297 6,850 7 Property 3,631 3,608 1 Total Personal Lines 38,860 36,126 8 Commercial Lines 1,226 1,189 3 Total 40,086 37,315 7

Progressive Insurance ® makes it easy to understand, buy and use car insurance , home insurance , and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com , by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle , and boat insurance, and one of the top 15 homeowners insurance carriers in the Unite...