The Progressive Corporation
Property and Casualty InsuranceFounded 1937- Updated July 2025
Reviewed by Swet Parvadiya
Last reviewed: July 2025
CorpDigest
The Progressive Corporation
Annual Revenue
Last reviewed: 2025-07-15 · By Swet Parvadiya
FY2021 Revenue
$47,702
▲ 11.9% vs FY2020 ($42,648)
Net Income: $1,466
The Progressive Corporation reported $47,702 in revenue for fiscal year 2021. This represents a growth of 11.9% compared to the 2020 figure of $42,648. In 2022, revenue increased to $52,960.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $73,400 | $7,800 | +18.5% |
| FY2023 | $61,966 | $3,636 | +17.0% |
| FY2022 | $52,960 | N/A | +11.0% |
| FY2021 | $47,702 | $1,466 | +11.9% |
| FY2020 | $42,648 | $4,061 | +7.1% |
| FY2019 | $39,837 | $2,719 | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.