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PGR
Progressive CorporationStock · Financials
$232.22+$6.92 (+3.07%)as of market close, Jul 2, 2026
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How Progressive makes money

Fiscal year

How does Progressive make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Progressive Corporation · FY2025 · year ended 2025-12-31
Revenue$87.7BGross profit$87.7B · 100%Cost of revenue$0 · 0%Operating income$87.7B · 100%Operating expenses$0 · 0%Pre-tax income$14.2B · 16%Other expense$73.4B · 84%Net income$11.3B · 13%Income tax$2.9B · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.