<div id="readability-page-1"><article>MAYFIELD VILLAGE, OHIO, May 20, 2026 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended April 30, 2026: <table><tbody><tr><td> </td><td colspan="10">April</td></tr><tr><td>(millions, except per share amounts and ratios; unaudited)</td><td> </td><td>2026</td><td> </td><td> </td><td> </td><td>2025</td><td> </td><td> </td><td colspan="2">Change</td></tr><tr><td>Net premiums written</td><td>$</td><td>7,278</td><td> </td><td> </td><td>$</td><td>6,837</td><td> </td><td> </td><td>6</td><td>%</td></tr><tr><td>Net premiums earned</td><td>$</td><td>7,112</td><td> </td><td> </td><td>$</td><td>6,641</td><td> </td><td> </td><td>7</td><td>%</td></tr><tr><td>Net income</td><td>$</td><td>1,087</td><td> </td><td> </td><td>$</td><td>986</td><td> </td><td> </td><td>10</td><td>%</td></tr><tr><td>Per share available to common shareholders</td><td>$</td><td>1.86</td><td> </td><td> </td><td>$</td><td>1.68</td><td> </td><td> </td><td>11</td><td>%</td></tr><tr><td>Total pretax net realized gains (losses) on securities</td><td>$</td><td>402</td><td> </td><td> </td><td>$</td><td>(3</td><td>)</td><td> </td><td>NM</td><td> </td></tr><tr><td>Combined ratio</td><td> </td><td>90.2</td><td> </td><td> </td><td> </td><td>84.9</td><td> </td><td> </td><td>5.3</td><td>pts.</td></tr><tr><td>Average diluted equivalent common shares</td><td> </td><td>585.3</td><td> </td><td> </td><td> </td><td>587.7</td><td> </td><td> </td><td>0</td><td>%</td></tr><tr><td>NM = Not Meaningful</td><td colspan="2"> </td><td> </td><td> </td><td colspan="3"> </td><td> </td><td> </td><td> </td></tr></tbody></table> <table><tbody><tr><td> </td><td colspan="5">April 30,</td></tr><tr><td>(thousands; unaudited) </td><td>2026</td><td> </td><td>2025</td><td> </td><td>% Change</td></tr><tr><td>Policies in Force</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Personal Lines</td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Agency – auto</td><td>11,108</td><td> </td><td>10,246</td><td> </td><td>8</td></tr><tr><td>Direct – auto</td><td>16,645</td><td> </td><td>14,938</td><td> </td><td>11</td></tr><tr><td>Special lines</td><td>7,168</td><td> </td><td>6,705</td><td> </td><td>7</td></tr><tr><td>Property</td><td>3,639</td><td> </td><td>3,590</td><td> </td><td>1</td></tr><tr><td>Total Personal Lines</td><td>38,560</td><td> </td><td>35,479</td><td> </td><td>9</td></tr><tr><td>Commercial Lines</td><td>1,207</td><td> </td><td>1,174</td><td> </td><td>3</td></tr><tr><td>Total</td><td>39,767</td><td> </td><td>36,653</td><td> </td><td>8</td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr></tbody></table> See Progressive’s complete monthly earnings release for additional information. About Progressive Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent. Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR. Company Contact: Julianna Paterra (231) 600-3060 investor_relations@progressive.com The Progressive Corporation 300 North Commons Blvd. Mayfield Village, Ohio 44143 http://www.progressive.com Download PDF: Progressive April 2026 Complete Earnings Release <img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RjeU16ZzNNeU0zTmpFeU1UYzNJekl3TVRZNU1UQT0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RjeU16ZzNNeU0zTmpFeU1UYzNJekl3TVRZNU1UQT0"/> <img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/ZDU0OGE3MDgtNjc1ZS00ZDdkLTg5YmQtZjQyNTljMWRlZTcyLTEwMjg0ODMtMjAyNi0wNS0yMC1lbg==/tiny/Progressive-Casualty-Insurance.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/ZDU0OGE3MDgtNjc1ZS00ZDdkLTg5YmQtZjQyNTljMWRlZTcyLTEwMjg0ODMtMjAyNi0wNS0yMC1lbg==/tiny/Progressive-Casualty-Insurance.png"/></article></div>

The Progressive Corporation (NYSE:PGR) reported a 6% increase in net premiums written for April 2026, totaling $7,278 million, and a 10% rise in net income to $1,087 million. The combined ratio was 90.2, up from 84.9 in 2025. Policies in force increased by 9% in personal lines. The company continues to be a leading provider of various insurance products.

Progressive Reports April 2026 Results | PGR Stock News