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Progyny, Inc. (PGNY) Financial Statements

Industry: Misc Health & Allied Services (Other) (Services)

In fiscal 2025, Progyny reported revenue of $1.29B, up 10.4% from $1.17B the year before. Net income was $58.5M (a 4.5% net margin), or $0.65 per diluted share. Gross margin was 23.6% and operating margin was 6.6%. Operating activities generated $210.2M of cash, leaving $191.8M of free cash flow. At fiscal year end, Progyny held $742.4M in total assets against $226.4M in total liabilities, including $112.2M of cash and equivalents.

Open the full interactive Progyny financials → Quarterly statements, key ratios, valuation history and price charts.

Progyny Key Stats

Share Price$27.39
Market Cap$2.25B
P/E Ratio42.1
Revenue YoY Growth+10.4%
52-Week Range$16.30 – $32.36
Shares Outstanding78.2 million (basic, 2026 Q2)

Progyny Income Statement

Progyny, Inc. annual income statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$344.9M$500.6M$786.9M$1.09B$1.17B$1.29B
Cost of Goods Sold$274.8M$388.5M$619.6M$849.8M$913.9M$984.2M
Gross Profit$70.1M$112.1M$167.3M$238.8M$253.4M$304.5M
Operating Income$8.3M$32.3M$23.3M$62.2M$67.5M$85.3M
Pre-Tax Income$8.7M$32.4M$24.4M$70.7M$83.2M$95.4M
Income Tax-$37.8M-$33.3M-$5.9M$8.7M$28.9M$36.9M
Net Income$46.5M$65.8M$30.4M$62.0M$54.3M$58.5M
Diluted EPS$0.47$0.66$0.30$0.62$0.57$0.65

Progyny Quarterly Results

Progyny, Inc. last 4 quarters
2025 Q32025 Q42026 Q12026 Q2
Revenue$313.3M$318.4M$328.5M$350.5M
Net Income$13.9M$12.5M$24.2M$28.1M
Diluted EPS$0.15$0.14$0.29$0.34

Progyny Balance Sheet

Progyny, Inc. annual balance sheet (fiscal year end)
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash & Equivalents$70.3M$91.4M$120.1M$97.3M$162.3M$112.2M
Current Assets$190.2M$258.5M$433.9M$640.4M$472.7M$551.8M
Total Assets$253.9M$358.1M$543.0M$756.6M$607.1M$742.4M
Current Liabilities$77.8M$98.8M$159.5M$185.9M$168.6M$202.4M
Total Liabilities$87.0M$106.2M$166.0M$203.2M$185.0M$226.4M
Shareholders' Equity$166.9M$251.8M$377.0M$553.4M$422.1M$516.0M

Progyny Cash Flow Statement

Progyny, Inc. annual cash flow statement
FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025
Cash From Operations$36.2M$26.0M$80.4M$188.8M$179.1M$210.2M
Cash From Investing-$40.0M$8.8M-$43.9M-$200.5M$195.8M-$159.0M
Cash From Financing-$6.2M-$13.7M-$7.9M-$11.1M-$309.9M-$99.4M
Free Cash Flow$35.2M$23.9M$77.2M$185.2M$173.7M$191.8M

Figures from Progyny's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Progyny financials page for every line item.

Progyny Company Profile

TickerPGNY
ExchangeNasdaq
IndustryMisc Health & Allied Services (Other) (Services)
HeadquartersNew York, New York
Incorporated inDelaware
Fiscal Year EndDecember 31
SEC Filer CategoryLarge accelerated filer
SEC CIK0001551306

Frequently Asked Questions

What was Progyny's revenue in fiscal 2025?

Progyny (PGNY) reported revenue of $1.29B for fiscal 2025.

What is Progyny's annual revenue history?

Progyny's annual revenue by fiscal year: 2020: $344.9M; 2021: $500.6M; 2022: $786.9M; 2023: $1.09B; 2024: $1.17B; 2025: $1.29B.

What was Progyny's net income in fiscal 2025?

Progyny reported net income of $58.5M for fiscal 2025.

What was Progyny's earnings per share (EPS) in fiscal 2025?

Progyny's diluted EPS was $0.65 for fiscal 2025 (adjusted for any later stock splits).

How much free cash flow did Progyny generate in fiscal 2025?

Progyny generated $191.8M of free cash flow in fiscal 2025.

What was Progyny's revenue last quarter?

In its most recent reported quarter (2026 Q2), Progyny reported revenue of $350.5M.

How many shares of Progyny are outstanding?

Progyny reported a weighted average of 78.2 million basic shares outstanding in 2026 Q2.

What is Progyny's market cap?

Based on its latest closing price, Progyny (PGNY) has a market capitalization of about $2.25B.

When does Progyny's fiscal year end?

Progyny's fiscal year end, as registered with the SEC, is December 31.

Where is Progyny headquartered?

Progyny lists its business address in New York, New York in its SEC filings.