Progressive's earnings call highlighted strong profitability, significant growth in premiums, and effective marketing strategies contributing to double-digit growth in new applications. However, challenges such as a decline in policy life expectancy, potential refund obligations in Florida, and uncertainties related to tariffs were noted. Despite these challenges, the overall sentiment is positive due to the company's robust growth and market share gains.

Company Guidance

During the second quarter of fiscal year 2025, Progressive demonstrated robust financial performance, highlighted by over $5 billion in premiums written and an addition of nearly 2.4 million policies in force (PIFs) compared to the same period last year. The company achieved significant market share growth, gaining over 1.5 points in personal auto market share in 2024, and outperformed the industry combined ratio by more than 7 points. Progressive's strategic focus on competitive pricing and underwriting profit, supported by a $2.5 billion marketing investment year-to-date, has enabled strong demand and growth in both the personal and commercial lines. Despite competitive pressures, the company continues to leverage its scale, data-driven pricing models, and strategic marketing to drive profitable growth.

Strong Profitability and Growth in Premiums

Progressive added over $5 billion in premiums written and nearly 2.4 million additional PIFs during the first half of 2025 compared to the first half of last year. The company achieved a significant market share gain in personal auto, gaining more than 1.5 points in 2024, the largest share gain of any carrier in the past 15 years.

Double-Digit Growth in New Applications

Progressive reported strong year-to-date double-digit growth in new applications, premiums written, and policies in force. Marketing efforts remain highly effective, generating high-quality prospects at near-record levels.

Commercial Lines Performance

Progressive continued to grow market share in its Commercial Lines business, consistently beating industry combined ratios by 8, 10, and as much as 20 points over the last 20 years.

Investment in Marketing

Progressive increased its marketing spend by $900 million compared to this time last year, reaching a total of $2.5 billion year-to-date, supporting growth initiatives.

Progressive (PGR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PGR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 09, 2025	2025 (Q3)	3.95 / -	3.584	―	―	―
Jul 16, 2025	2025 (Q2)	4.48 / 4.88	2.648	84.29% (+2.23)	―	―
Apr 16, 2025	2025 (Q1)	4.79 / 4.66	3.73	24.80% (+0.93)	―	―
Jan 29, 2025	2024 (Q4)	3.57 / 4.08	2.96	37.87% (+1.12)	―	―
Oct 15, 2024	2024 (Q3)	3.69 / 3.58	2.09	71.48% (+1.49)	―	―
Jul 16, 2024	2024 (Q2)	2.05 / 2.65	0.57	364.56% (+2.08)
Apr 12, 2024	2024 (Q1)	3.21 / 3.73	0.65	473.85% (+3.08)	―	―
Jan 24, 2024	2023 (Q4)	2.43 / 2.96	1.49	98.66% (+1.47)	―	―
Oct 13, 2023	2023 (Q3)	1.72 / 2.09	0.491	325.66% (+1.60)	―	―
Jul 13, 2023	2023 (Q2)	0.83 / 0.57	0.956	-40.38% (-0.39)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PGR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 16, 2025	$242.20	$246.46	+1.76%
Apr 16, 2025	$276.00	$275.02	-0.36%
Jan 29, 2025	$244.87	$246.22	+0.55%
Oct 15, 2024	$246.94	$246.66	-0.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Progressive Corp. (PGR) report earnings?

Progressive Corp. (PGR) is schdueled to report earning on Oct 09, 2025, TBA (Confirmed).

What is Progressive Corp. (PGR) earnings time?

Progressive Corp. (PGR) earnings time is at Oct 09, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PGR EPS forecast?

PGR EPS forecast for the fiscal quarter 2025 (Q3) is 3.95.

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