The company said net income for September 2026 was $630 million, up 107% from $305 million in the same month a year earlier, and net income for the quarter ended September was $2,542 million, down 3% from $2,615 million a year earlier.

1. 01

   The company said net income for September 2026 was $630 million, up 107% from $305 million in the same month a year earlier, and net income for the quarter ended September was $2,542 million, down 3% from $2,615 million a year earlier.

2. 02

   Progressive said its combined ratio for September was 90.0, down 10.4 points from 100.4 a year earlier, and its combined ratio for the quarter was 88.7, down 0.8 points from 89.5 a year earlier.

3. 03

   The company said year-to-date net premiums written through September 30, 2026 were $67,019 million and net income was $8,671 million. For the same period a year earlier, the figures were $63,666 million and $8,357 million, respectively.

4. 04

   Progressive said its shareholders' equity was $34,485 million as of September 30, 2026 and its debt-to-total capital ratio was 19.6%. In September, it repurchased 969,262 shares at an average price of $207.92 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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.