The Progressive Corporation
Explore The Progressive Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
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The Progressive Corporation
Explore The Progressive Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$61,966
▲ 17% vs FY2022 ($52,960)
Net Income: $3,636
The Progressive Corporation reported $61,966 in revenue for fiscal year 2023. This represents a growth of 17% compared to the 2022 figure of $52,960. In 2024, revenue increased to $73,400.
Revenue jumped about 17.0% to roughly $62 billion in 2023 as aggressive rate increases and policy count gains restored net income to about $3.6 billion.
| 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.