Similar companies
Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 20.4B | 0.7% |
| Operating expense | 17.2B | 0.8% |
| Net Income | 2.57B | 8.9% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 111B | 5.4% |
| Total Liabilities | 82.5B | 2.9% |
| Total Equity | 3.97B | 84.5% |
| Shares Outstanding | 588M | 0% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | 5.14B | 71% |
| Cash from financing | -2.75B | 4535.8% |
EPS
Financial Highlights for Progressive in Q1 '25
Progressive reported a revenue of 20.4B, which is a 0.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Operating Expenses for this period were 17.2B, showing a -0.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 2.57B, showing a 8.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Progressive faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.
