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The Progressive Corporation (NYSE: PGR) is a major U.S. insurer best known for personal auto insurance, but it also sells commercial auto, specialty vehicle insurance (motorcycle, boat, RV), and personal property coverage. Founded in 1937 and headquartered in Mayfield Village, Ohio, Progressive has built scale through two primary distribution channels: selling directly to consumers and working with independent insurance agencies.
This page compiles the most useful, verifiable Progressive metrics—revenue, net income, policies in force, premiums, and workforce—while keeping older historical figures labeled by year.
Quick Answer (2026)
Progressive reported $75.372 billion in total revenues and $8.480 billion in net income attributable to Progressive for 2024. It ended 2024 with 34.952 million total policies in force. Through the first nine months of 2025 (ended Sept. 30, 2025), Progressive reported $64.925 billion in total revenues and $8.357 billion in net income, with 38.078 million total policies in force as of Sept. 30, 2025.
Key Progressive Metrics (Latest Available)
| Metric | Figure | Year / as-of date | Source |
|---|---|---|---|
| Total revenues | $75.372B | 2024 | 2024 Financial Review (PDF) |
| Net income attributable to Progressive | $8.480B | 2024 | 2024 Financial Review (PDF) |
| Net premiums written | $74.424B | 2024 | 2024 Financial Review (PDF) |
| Policies in force (total) | 34.952M | As of Dec. 31, 2024 | Monthly earnings releases (PIF table format) |
| Employees | 66,308 | 2024 | 2024 Financial Review (PDF) |
| Total revenues (year-to-date) | $64.925B | Nine months ended Sept. 30, 2025 | 2025 Q3 Report (PDF) |
| Net income (year-to-date) | $8.357B | Nine months ended Sept. 30, 2025 | 2025 Q3 Report (PDF) |
| Policies in force (total) | 38.078M | As of Sept. 30, 2025 | 2025 Q3 Report (PDF) |
| Independent agent network | 38,000+ independent agents | Current site statement | Progressive.com site map |
Progressive Revenue (Historical)
Progressive reports “total revenues” in its shareholder materials. Here are totals by year (newest first), with an added year-to-date line for 2025:
- 2025 (first 9 months): $64.925 billion
- 2024: $75.372 billion
- 2023: $62.109 billion
- 2022: $49.611 billion
- 2021: $47.702 billion
- 2020: $42.658 billion
- 2019: $39.022 billion
- 2018: $31.979 billion
- 2017: $26.839 billion
- 2016: $23.441 billion
- 2015: $20.854 billion
Progressive Net Income (Historical)
- 2025 (first 9 months): $8.357 billion
- 2024: $8.480 billion
- 2023: $3.903 billion
- 2022: $0.722 billion
- 2021: $3.351 billion
- 2020: $5.705 billion
- 2019: $3.970 billion
- 2018: $2.615 billion
- 2017: $1.592 billion
- 2016: $1.031 billion
- 2015: $1.268 billion
- 2014: $1.210 billion
Policies in Force: How Big Is Progressive?
One of the clearest ways to gauge Progressive’s scale is “policies in force” (PIF)—a count of active policies at a point in time:
- Dec. 31, 2024: 34.952M total PIF (33.811M Personal Lines + 1.141M Commercial Lines)
- Sept. 30, 2025: 38.078M total PIF (36.880M Personal Lines + 1.198M Commercial Lines)
Growth in PIF can reflect both customer growth and retention, while premium growth also depends on rates, coverage limits, and mix (auto vs. property vs. commercial).
Progressive Employees
Progressive reported employing 66,308 people in 2024. Employee counts can shift year to year due to growth, hiring plans, and operational needs across claims, customer support, and technology roles.
Independent Agents & How Progressive Sells Insurance
Progressive sells policies directly (online, phone, and app) and through independent agents. On Progressive.com, the company states it works with 38,000+ independent agents across the U.S. In shareholder materials, Progressive also describes operating through 40,000+ independent insurance agencies alongside its direct channel.
FAQ
How much revenue does Progressive generate?
Progressive reported $75.372 billion in total revenues in 2024. For the first nine months of 2025, Progressive reported $64.925 billion in total revenues.
How much profit does Progressive make?
Progressive reported $8.480 billion in net income attributable to Progressive in 2024. For the first nine months of 2025, it reported $8.357 billion in net income.
How many customers does Progressive have?
Progressive commonly reports scale using policies in force. It ended 2024 with 34.952 million total policies in force and reported 38.078 million total policies in force as of Sept. 30, 2025.
How many employees does Progressive have?
Progressive reported employing 66,308 people in 2024.
How many independent agents sell Progressive insurance?
Progressive states it works with 38,000+ independent agents across the country. Some shareholder materials also describe distributing through 40,000+ independent insurance agencies.
Sources
- Progressive 2024 Financial Review (PDF): revenues, net income, premiums, employees, historical tables
- Progressive 2025 Third Quarter Report (PDF): nine-month 2025 revenues, net income, policies in force
- Progressive monthly earnings release page format (PIF reference)
- Progressive.com site map: “over 38,000 independent agents” statement
