---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-26-000096"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:59:45.982414+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Progressive reports February net income $943M, combined ratio 85.7, NPW up 5%

## Summary
- Net premiums written $6.995B, up 5% YoY; net premiums earned $6.528B, up 8%.
- Net income $943M ($1.61 diluted EPS), up 2% from $928M ($1.58) in Feb 2025.
- Combined ratio of 85.7 vs 82.6 a year ago, driven by higher loss/LAE ratio (65.0 vs 62.7).
- Total policies in force 39.22M, up 10% YoY; Personal Lines +10%, Commercial +3%.
- February closing nuance reduced NPW growth by ~2-3 pts; Q1 growth expected unaffected.

## SEC filing metadata
- accession: 0000080661-26-000096
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066126000096/0000080661-26-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066126000096/pgr-20260318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-26-000096
- JSON: https://secwatch.observer/filing/0000080661-26-000096.json
- Plain text: https://secwatch.observer/filing/0000080661-26-000096.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.