Progyny, Inc.

PGNY Healthcare Healthcare Plans

Progyny, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 10.4% from fiscal 2024.

Revenue
+8.91%
EPS
+115.3%
Free cash flow
+2.72%

Quarter to September 2026, against a year earlier

34.84 0.47 +1.37%
Market cap
$2.6B
P/E
30.1×
Fwd P/E
26.4×
Dividend yield
—
F-score
8/9
Altman Z
8.89
Beneish M
−3.45
Dividend safety
n/a

Progyny, Inc. (PGNY) Net margin

Alert me on Net margin

Progyny, Inc.'s net margin over the twelve months to 30 September 2026 was 6.80%, up 2.3 percentage points from fiscal 2025 (4.54%). Over the past ten years it has ranged from −27.7% (fiscal 2017) to 13.5% (fiscal 2020); the current reading is higher than 56% of that period. That is above the Healthcare Plans industry median of 1.45% and above the Healthcare sector median of 0.00%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 4.54% (0.12)
FY2024 4.66% (1.04)
FY2023 5.70% 1.84
FY2022 3.86% (9.28)
FY2021 13.1% (0.33)
FY2020 13.5% 17.20
FY2019 −3.73% (4.36)
FY2018 0.63% 28.35
FY2017 −27.7% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 7.69% (0.31)
Jun 2026 8.00% 0.62
Mar 2026 7.38% 3.46
Dec 2025 3.92% (0.50)
28 more quarters

Against its own ten years

Low −27.7% High 13.5%
Ten-year median 4.54%
Current reading's percentile 76

Net margin against peers

Company Net margin
PGNY Progyny, Inc. 6.80%
OSCR Oscar Health, Inc. compare 4.90%
ELV Elevance Health, Inc. compare 2.55%
CI Cigna Group compare 2.09%
HUM Humana Inc. compare 0.81%
CNC Centene Corporation compare 0.72%
ALHC Alignment Healthcare, Inc. compare 0.59%
CLOV Clover Health Investments, Corp. compare 0.45%
MOH Molina Healthcare, Inc compare −0.11%
Healthcare Plans industry median 1.45%
Healthcare sector median 0.00%
Market median 1.14%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on PGNY