# Progyny Inc. (PGNY)

**Exchange:** NASDAQ  
**Sector:** Healthcare  
**Market cap:** $2.20B  
**Price:** $25.65 (-0.93%)

> Progyny Inc. is a leading provider of comprehensive fertility, family building, and women's health benefits solutions designed for employers, health plans, and benefit purchasers. Its data-driven model delivers cohesive care from preconception through fertility, pregnancy, postpartum, return-to-work support, menopause, and midlife, empowering members with personalized clinical coaching, high-touch concierge services, and seamless access to in-person and virtual care. Progyny manages an actively managed network of top-tier women's health providers, including fertility specialists, reproductive endocrinologists, doulas, lactation consultants, and menopause experts, all NCQA-accredited in credentialing. The platform supports diverse paths to parenthood, such as adoption, surrogacy, and assisted reproductive technologies, alongside integrated prescription management and digital tools for global workforces. By focusing on superior clinical outcomes, member experiences, and cost efficiencies, Progyny integrates flexibly into existing benefit ecosystems across numerous industries, fostering healthier journeys at life's key milestones.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.29B | $304M | $85M | $59M | $0.65 |
| 2024 | $1.17B | $253M | $67M | $54M | $0.57 |
| 2023 | $1.09B | $239M | $62M | $62M | $0.62 |
| 2022 | $787M | $167M | $23M | $30M | $0.30 |
| 2021 | $501M | $112M | $32M | $66M | $0.66 |
| 2020 | $345M | $70M | $8M | $46M | $0.47 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $742M | $226M | $516M | $112M | $24M |
| 2024 | $607M | $185M | $422M | $162M | $16M |
| 2023 | $757M | $203M | $553M | $97M | $17M |
| 2022 | $543M | $166M | $377M | $120M | $6M |
| 2021 | $358M | $106M | $252M | $91M | $7M |
| 2020 | $254M | $87M | $167M | $70M | $8M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $202M | -$18M | $192M |
| 2024 | $135M | -$5M | $174M |
| 2023 | $186M | -$4M | $185M |
| 2022 | $53M | -$3M | $77M |
| 2021 | $13M | -$2M | $24M |
| 2020 | $14M | -$1M | $35M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PGNY)