Progressive Quarterly Cash Flow Statement
NYSE: PGRFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Progressive free cash flow
In the quarter ended Jun 30, 2026, Progressive generated $3.61 billion of operating cash flow and spent $138.0 million on capital expenditures. That left free cash flow of $3.47 billion, a free-cash-flow margin of 14.7% of revenue. Free cash flow was down 11.9% from the prior year's $3.94 billion.
Progressive returned $58.0 million to shareholders through dividends, equal to 2% of free cash flow. Free cash flow covered dividend payments 59.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Progressive cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.31B | 2.82B | 2.95B | 2.62B | 3.17B | 2.57B | 2.36B | 2.33B | 1.46B | 2.33B | 1.99B | 1.12B |
| Net Income growth (YoY) | +4.28% | +9.78% | +25.25% | +12.04% | +117.61% | +10.12% | +18.49% | +108.15% | +322.41% | +420.43% | +140.46% | +803.55% |
| Depreciation & Amortization | 82.00M | 75.00M | 83.00M | 81.00M | 79.00M | 70.00M | 76.00M | 70.00M | 68.00M | 70.00M | 73.00M | 71.40M |
| Change in Working Capital | 216.00M | -788.00M | -523.00M | 1.53B | 216.00M | 334.00M | -365.00M | 543.00M | 600.00M | 458.00M | -389.10M | 329.10M |
| Operating Cash Flow | 3.61B | 4.37B | 3.17B | 5.20B | 4.04B | 5.14B | 3.01B | 4.61B | 3.27B | 4.24B | 2.44B | 3.42B |
| Capital Expenditures | -138.00M | -63.00M | -121.00M | -66.00M | -102.00M | -59.00M | -110.00M | -57.00M | -68.00M | -50.00M | -82.10M | -36.30M |
| Investing Cash Flow | -2.92B | 2.64B | -3.10B | -5.05B | -4.04B | -2.34B | -2.94B | -4.42B | -3.26B | -3.12B | -2.35B | -3.35B |
| Dividends Paid | -58.00M | -7.97B | -59.00M | -58.00M | -59.00M | -2.69B | -59.00M | -58.00M | -59.00M | -498.00M | -58.50M | -58.50M |
| Debt Issued | 0 | 1.49B | — | — | 0 | 0 | 0 | 0 | — | — | -300.00K | 0 |
| Financing Cash Flow | -672.00M | -6.96B | -118.00M | -98.00M | -72.00M | -2.75B | -59.00M | -144.00M | -70.00M | -1.04B | -129.80M | -108.50M |
| Net Change in Cash | 14.00M | 41.00M | -47.00M | 50.00M | -72.00M | 53.00M | 7.00M | 45.00M | -66.00M | 68.00M | -38.50M | -41.10M |
| Free Cash Flow | 3.47B | 4.30B | 3.05B | 5.13B | 3.94B | 5.08B | 2.90B | 4.55B | 3.20B | 4.18B | 2.35B | 3.38B |
This table shows 12 quarterly periods of Progressive's cash flow statement, from Q2 2026 back to Q3 2023, across 13 line items including net income, depreciation & amortization, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow PGR's reporting calendar. What is a cash flow statement?