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Statement of Changes in Net Assets Available for Benefits - EBP 003 - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Contributions:    
Employer $ 259,223 $ 232,818
Participants 440,001 395,846
Rollovers 62,272 57,107
Total contributions 761,496 685,771
Interest income on notes receivable from participants 14,486 11,863
Investment Income:    
Net appreciation in fair value of investments 1,065,954 2,186,060
Dividends on The Progressive Corporation Common Shares 80,696 20,523
Interest and other dividends 48,130 191,812
Revenue Share - see footnote 2 618 564
Total Investment Income 1,195,398 2,398,959
Deductions from Net Assets Attributed to:    
Benefits paid to participants 1,085,939 782,051
Employee stock ownership program dividend distribution 23,471 5,372
Other expenses 1,908 1,197
Total Deductions 1,111,318 788,620
Net Increase 860,062 2,307,973
Net Assets Available for Benefits:    
Beginning of Year 11,533,546 9,225,573
End of Year $ 12,393,608 $ 11,533,546