Progressive Q2 2026 Net Income Up 4%

Second quarter 2026 net income at Progressive Corp. increased 4% compared to the same period a year ago to about $3.3 billion.

Progressive reports results monthly. Net income for June was down 31% to about $779 million.

The Mayfield Village, Ohio-based insurer’s Q2 2026 combined ratio was 87.3 compared with Q2 2025’s result of 86.2. Net premiums written (NPW) in Q2 were about $21.1 billion, an increase of 5% compared to the same time period the prior year.

Year-to-date Progressive NPW was $44.7 billion compared with $42.3 billion last year. In personal lines, NPW as of June 30 increased 6% to about $38.2 billion, with a combined ratio of 86.8.

The insurer’s commercial lines business grew NPW 3% year-to-date to about $6.5 billion.

Progressive’s investor call on Q2 is August 4.