Progressive Reports Third-Quarter Revenue of $23.2 Billion, EPS of $4.37
Progressive said revenue rose 3% year over year to $23.2 billion, while net income fell 2.8% to $2.54 billion and diluted EPS declined 1.8% to $4.37. Premium growth and a higher underwriting margin were offset by increased auto shopping.
Progressive Corp. reported third-quarter 2026 revenue of $23.2 billion, up 3% from a year earlier, while net income declined 2.8% to $2.54 billion and diluted EPS fell 1.8% to $4.37. Premium growth and a higher underwriting margin were offset by increased auto shopping.Financial HighlightsBusiness…