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Progyny PGNY Operating Income

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Other financials

Income statement

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Revenue$350.5M+5.3%
Gross profit$89.3M+13.1%
Net income$28.1M+63.9%
EPS (diluted)$0.34+78.9%

Balance sheet

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Cash & equivalents$152.6M+15.2%
Total debt$27.0M-5.8%
Total equity$453.3M-12.0%
Total assets$715.8M-5.9%

Cash flow

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Operating cash flow$50.4M-9.2%
CapEx$6.2M+18.0%
Free cash flow$44.2M-12.0%

Valuation

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Market cap$2.37B+17.5%
Enterprise value$2.24B+17.3%
P/E30.1×-7.8×
P/S1.8×+0.2×

Profitability

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Gross margin24.6%+2.2pp
Operating margin8.6%+2.4pp
Net margin6%+1.7pp
FCF margin13.6%-1.7pp

Returns & leverage

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Return on equity16.2%+5.3pp
Debt / equity0.1×0.0×
Current ratio2.1×-0.6×

Where this comes from

Reported directly by Progyny in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Progyny’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 9:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001551306-26-000140
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Sales and marketing18,07418,40534,95836,191
General and administrative31,22436,21062,03270,049
Total operating expenses49,29854,61596,990106,240
Income from operations40,00324,35875,38248,528
Interest and other income, net1,1342,7192,6385,086
Income before income taxes41,13727,07778,02053,614
Provision for income taxes13,0859,96525,73621,443
Net income$28,052$17,112$52,284$32,171

Item 1. Financial Statements (Unaudited)

FAQ

What is Progyny's operating income?
Progyny (PGNY) reported operating income of $40M in Q2 2026.
How has Progyny's operating income changed year-over-year?
Progyny's operating income increased by 64.2% year-over-year, from $24.36M to $40M.
What is the long-term trend for Progyny's operating income?
Over 4 years (2021 to 2025), Progyny's operating income has grown at a 27.4% compound annual growth rate (CAGR), from $32.34M to $85.28M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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