---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-26-000322"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2026-09-18T12:38:53+00:00"
generated_at: "2026-09-18T12:40:07.524773+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Progressive August net income falls 22% to $951M; combined ratio 89.3 vs 83.1

## Summary
- August net premiums written $7.605B, up 6% YoY; net premiums earned $7.354B, up 5%.
- Net income $951M, down 22% YoY; EPS $1.63 vs $2.07; combined ratio 89.3 vs 83.1.
- Catastrophe loss ratio 1.9% in August; favorable prior-year reserve development $131M.
- Policies in force 40.492M, up 7% YoY; commercial lines NPW up 13%.
- YTD net income $8.041B, virtually flat; diluted EPS $13.75 vs $13.69; book value $60.92.

## SEC filing metadata
- accession: 0000080661-26-000322
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2026-09-18T12:38:53+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066126000322/0000080661-26-000322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066126000322/pgr-20260918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-26-000322
- JSON: https://secwatch.observer/filing/0000080661-26-000322.json
- Plain text: https://secwatch.observer/filing/0000080661-26-000322.txt

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