Progressive said net income for the quarter ended June 30, 2025 was $3,175 million, compared with $1,459 million in the prior-year quarter, a change of 118%, and net income per share available to common shareholders was $5.40, compared with $2.48 in the prior year.

1. 01

   Progressive said net income for the quarter ended June 30, 2025 was $3,175 million, compared with $1,459 million in the prior-year quarter, a change of 118%, and net income per share available to common shareholders was $5.40, compared with $2.48 in the prior year.

2. 02

   The company said net premiums written for Q2 were $20,076 million, a change of 12%, net premiums earned were $20,310 million, a change of 18%, and the combined ratio was 86.2, compared with 91.9 in the prior-year quarter, a change of 5.7 pts.

3. 03

   Progressive said net premiums written for the month of June 2025 were $6,605 million, net income was $1,124 million, and the combined ratio was 86.6, compared with 86.2 in the prior-year month. The provision for income taxes included a tax benefit of $45 million primarily related to the distribution of deferred compensation.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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