The Progressive Corporation reported solid growth in December and the fourth quarter of 2025, driven by higher premiums and underwriting profitability. In December, net premiums written rose 6% year over year to $6.31 billion, while net income increased 22% to $1.15 billion, or $1.95 per share. For the quarter, net premiums written climbed 8% to $19.51 billion and net income advanced 25% to $2.95 billion, or $5.02 per share. The combined ratio for the quarter was essentially flat at 88.0%.

Policies in force continued to expand, led by strong growth in personal auto. Total policies in force increased 10% year over year to 38.6 million at December 31, 2025, with direct auto policies up 14% and agency auto policies up 10%.

Source: GlobeNewswire