Progressive said net income for the month ended April 2026 was $1,087 million, compared with April 2025 $986 million, a 10% change, and per share net income was $1.86, compared with April 2025 $1.68, a 11% change.

1. 01

   Progressive said net income for the month ended April 2026 was $1,087 million, compared with April 2025 $986 million, a 10% change, and per share net income was $1.86, compared with April 2025 $1.68, a 11% change.

2. 02

   The company said net premiums written for April 2026 were $7,278 million, a 6% change, net premiums earned were $7,112 million, a 7% change, and the combined ratio was 90.2, a 5.3 point change from 2025 4 84.9.

3. 03

   Progressive said year-to-date net income through April 30, 2026 was $3,905 million, compared with $3,553 million in the prior year period, and total net realized gains (losses) on securities were $282 million, compared with $(215) million in the prior year period.

4. 04

   The company said shareholders' equity as of April 30, 2026 was $32,845 million, debt was $8,386 million, and the debt-to-total capital ratio was 20.3%. It repurchased 956,615 common shares during April at an average cost of $200.60 per share.

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.

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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