Company research
Progyny, Inc.
CIK 1551306Updated Sep 27, 2026
SecurityPGNY · NASDAQ · equity
Name history
Auxogyn, Inc. · through Mar 19, 2015Auxogyn Inc · through Sep 16, 2013
PGNY price & chart
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Progyny, Inc. to Present at the Canaccord Genuity Annual Growth Conference ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 742,435,000Source | 607,102,000Source | 756,620,000Source | 542,986,000Source |
| Property, Plant and Equipment, NetUSD | 29,927,000Source | 12,383,000Source | 10,213,000Source | 8,371,000Source |
| GoodwillUSD | 19,978,000Source | 15,534,000Source | 11,880,000Source | 11,880,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 112,238,000Source | 162,314,000Source | 97,296,000Source | 120,078,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 220,287,000Source | 235,324,000Source | 241,869,000Source | 240,067,000Source |
| Assets, CurrentUSD | 551,775,000Source | 472,721,000Source | 640,407,000Source | 433,856,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 21,392,000Source | 9,443,000Source | 27,451,000Source | 4,489,000Source |
| Operating Lease, Right-of-Use AssetUSD | 24,990,000Source | 17,251,000Source | 17,605,000Source | 6,903,000Source |
| Other Assets, NoncurrentUSD | 16,536,000Source | 2,977,000Source | 3,395,000Source | 3,988,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 226,391,000Source | 185,040,000Source | 203,191,000Source | 166,018,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 9,000Source | 9,000Source | 9,000Source | 9,000Source |
| Retained Earnings (Accumulated Deficit)USD | 202,827,000Source | 144,307,000Source | 89,971,000Source | 27,934,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 498,000Source | 39,000Source | 2,819,000Source | 501,000Source |
| Stockholders' Equity Attributable to ParentUSD | 516,044,000Source | 422,062,000Source | 553,429,000Source | 376,968,000Source |
| Additional Paid in Capital, Common StockUSD | 700,785,000Source | 581,596,000Source | 461,639,000Source | 349,533,000Source |
| Liabilities and EquityUSD | 742,435,000Source | 607,102,000Source | 756,620,000Source | 542,986,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 202,391,000Source | 168,627,000Source | 185,950,000Source | 159,536,000Source |
| Operating Lease, Liability, CurrentUSD | 3,726,000Source | 2,859,000Source | 2,149,000Source | 1,231,000Source |
| Accounts Payable, CurrentUSD | 124,071,000Source | 95,097,000Source | 125,426,000Source | 109,287,000Source |
| Operating Lease, Liability, NoncurrentUSD | 24,000,000Source | 16,413,000Source | 17,241,000Source | 6,482,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 58,520,000Source | 54,336,000Source | 62,037,000Source | 30,358,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 4,948,000Source | 3,175,000Source | 2,281,000Source | 1,601,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 131,867,000Source | 128,130,000Source | 122,611,000Source | 100,748,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 5,117,000Source | 9,874,000Source | 21,738,000Source | 119,304,000Source |
| Increase (Decrease) in Accounts PayableUSD | 28,752,000Source | -30,268,000Source | 16,235,000Source | 47,689,000Source |
| Deferred Income Tax Expense (Benefit)USD | -8,115,000Source | -10,456,000Source | 3,745,000Source | -6,612,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 210,192,000Source | 179,105,000Source | 188,814,000Source | 80,395,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 9,340,000Source | 5,304,000Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -159,013,000Source | 195,792,000Source | -200,525,000Source | -43,866,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 18,410,000Source | 5,405,000Source | 3,644,000Source | 3,241,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 15,848,000Source | 12,001,000Source | 17,200,000Source | 12,089,000Source |
| Payments for Repurchase of Common StockUSD | 81,657,000Source | 300,278,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -99,362,000Source | -309,880,000Source | -11,072,000Source | -7,864,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -48,121,000Source | 65,018,000Source | -22,782,000Source | 28,665,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 114,193,000Source | 162,314,000Source | 97,296,000Source | 120,078,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 55,490,000Source | 40,449,000Source | 6,181,000Source | 133,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 62,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 131,867,000Source | 128,130,000Source | 122,611,000Source | 100,748,000Source |
| Amortization of Intangible AssetsUSD | 800,000Source | 100,000Source | 100,000Source | 500,000Source |
| DepreciationUSD | 4,100,000Source | 3,100,000Source | 2,200,000Source | 1,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 0Source | 0Source | 8,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -79,000Source | -1,414,000Source | — | — |
| General and Administrative ExpenseUSD | 147,094,000Source | 121,960,000Source | 117,127,000Source | 98,327,000Source |
| GoodwillUSD | 19,978,000Source | 15,534,000Source | 11,880,000Source | 11,880,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 36,912,000Source | 28,866,000Source | 8,654,000Source | -5,917,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 866,000Source | 2,115,000Source | 4,328,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 58,520,000Source | 54,336,000Source | 62,037,000Source | 30,358,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 58,520,000Source | 54,336,000Source | 62,037,000Source | 30,358,000Source |
| Nonoperating Income (Expense)USD | — | — | 8,507,000Source | 1,100,000Source |
| Operating ExpensesUSD | 219,207,000Source | 185,908,000Source | 176,615,000Source | 143,984,000Source |
| Operating Lease, ExpenseUSD | 3,900,000Source | 2,700,000Source | 2,400,000Source | 1,300,000Source |
| Other Nonoperating Income (Expense)USD | 10,155,000Source | 15,747,000Source | 5,203,000Source | 286,000Source |
| Proceeds from Stock Options ExercisedUSD | 86,000Source | 1,099,000Source | 4,850,000Source | 3,073,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,288,661,000Source | 1,167,221,000Source | 1,088,598,000Source | 786,913,000Source |
| Cost of RevenueUSD | 984,177,000Source | 913,858,000Source | 849,799,000Source | 619,588,000Source |
| Operating Income (Loss)USD | 85,277,000Source | 67,455,000Source | 62,184,000Source | 23,341,000Source |
| Other Nonoperating Income (Expense)USD | 10,155,000Source | 15,747,000Source | 5,203,000Source | 286,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 95,432,000Source | 83,202,000Source | 70,691,000Source | 24,441,000Source |
| Income Tax Expense (Benefit)USD | 36,912,000Source | 28,866,000Source | 8,654,000Source | -5,917,000Source |
| Net Income (Loss) Attributable to ParentUSD | 58,520,000Source | 54,336,000Source | 62,037,000Source | 30,358,000Source |
| Earnings Per Share, BasicUSD per share | 0.68Source | 0.59Source | 0.65Source | 0.33Source |
| Earnings Per Share, DilutedUSD per share | 0.65Source | 0.57Source | 0.62Source | 0.3Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 85,651,721Source | 91,481,995Source | 95,021,175Source | 92,195,068Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 89,861,843Source | 95,448,357Source | 100,672,399Source | 99,957,173Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 800,000Source | 100,000Source | 100,000Source | 500,000Source |
| Current Income Tax Expense (Benefit)USD | 45,027,000Source | 39,322,000Source | 4,909,000Source | 695,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 0Source | 0Source | 8,000Source | — |
| General and Administrative ExpenseUSD | 147,094,000Source | 121,960,000Source | 117,127,000Source | 98,327,000Source |
| Gross ProfitUSD | 304,484,000Source | 253,363,000Source | 238,799,000Source | 167,325,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 100,601,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | 0.59Source | 0.65Source | 0.33Source |
| Interest Income (Expense), NetUSD | — | — | 3,304,000Source | 814,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 866,000Source | 2,115,000Source | 4,328,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 58,520,000Source | 54,336,000Source | 62,037,000Source | 30,358,000Source |
| Nonoperating Income (Expense)USD | — | — | 8,507,000Source | 1,100,000Source |
| Operating ExpensesUSD | 219,207,000Source | 185,908,000Source | 176,615,000Source | 143,984,000Source |
| Operating Lease, ExpenseUSD | 3,900,000Source | 2,700,000Source | 2,400,000Source | 1,300,000Source |
| Research and Development ExpenseUSD | 9,500,000Source | — | — | — |
| Selling and Marketing ExpenseUSD | 72,113,000Source | 63,948,000Source | 59,488,000Source | 45,657,000Source |