Progressive Corporation reported first‑quarter 2026 results on April 15 2026, posting revenue of $22.19 billion and net income of $2.82 billion, a 10% increase from the same quarter a year earlier. The company’s basic earnings per share were $4.80 and diluted earnings per share were $4.80, compared with $4.38 and $4.37 a year ago, respectively.
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Progressive Corporation priced a $1.5 billion senior notes offering on March 23, 2026, issuing $500 million of 4.60% notes due 2031 and $1 billion of 5.15% notes due 2036. The 2031 notes were priced at 99.987% of par and the 2036 notes at 99.676% of par, with Goldman Sachs & Co. LLC and TD Securities (USA) LLC serving as joint bookrunners.
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