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Progyny PGNY Operating margin

Operating margin at other companies

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4.2%-4.0pp
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BillionToOne, Inc.BLLN
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11.3%

Other financials

Income statement

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Revenue$350.5M+5.3%
Gross profit$89.3M+13.1%
Operating income$40.0M+64.2%
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
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

Calculated from Progyny’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 7, 2026, 9:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001551306-26-000140

FAQ

What is Progyny's operating margin?
Progyny (PGNY) reported operating margin of 8.6% in Q2 2026.
How has Progyny's operating margin changed year-over-year?
Progyny's operating margin increased by 38.4% year-over-year, from 6.2% to 8.6%.
What is the long-term trend for Progyny's operating margin?
Over 5 years (2020 to 2025), Progyny's operating margin has grown at a 22.3% compound annual growth rate (CAGR), from 2.4% to 6.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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