Progressive Corp 1Q 2026: Revenue $22.19B, EPS $4.8— 10-Q Summary

Progressive Corp (PGR) announced strong first-quarter 2026 results, reporting revenue of $22.19 billion and diluted earnings per share of $4.80, both showing significant increases year-over-year. The company's growth was driven by higher premiums earned, underwriting gains, and an increase in net premiums written, alongside successful customer acquisition and strategic operational investments. Key factors included a 9% increase in policies, growth in direct personal auto and agency auto premiums, and effective risk management strategies.
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