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Progyny PGNY Business Segments — Cost of Services

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Other financials

Income statement

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Revenue$328.5M+1.4%
Gross profit$83.1M+9.6%
Operating income$35.4M+46.4%
Net income$24.2M+60.9%
EPS (diluted)$0.29+70.6%

Balance sheet

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Cash & equivalents$131.6M+20.5%
Total debt$27.3M-5.6%
Total equity$439.3M-6.0%
Total assets$698.3M-4.4%

Cash flow

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Operating cash flow$45.9M-7.7%
CapEx$6.3M+123%
Free cash flow$39.6M-15.7%

Valuation

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Market cap$2.09B-27.1%
Enterprise value$1.98B-29.6%
P/E30.8×-23.7×
P/S1.6×-0.7×

Profitability

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Gross margin24.1%+2.1pp
Operating margin7.5%+1.4pp
Net margin5.2%+0.9pp
FCF margin14.3%-1.9pp

Returns & leverage

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Return on equity14.9%+4.8pp
Debt / equity0.1×0.0×
Current ratio2.1×-0.3×

Where this comes from

Reported directly by Progyny in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Progyny’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progyny's business segments — cost of services?
Progyny (PGNY) reported business segments — cost of services of $245.43M in Q1 2026.
How has Progyny's business segments — cost of services changed year-over-year?
Progyny's business segments — cost of services decreased by 1.1% year-over-year, from $248.24M to $245.43M.
What is the long-term trend for Progyny's business segments — cost of services?
Over 3 years (2022 to 2025), Progyny's business segments — cost of services has grown at a 16.7% compound annual growth rate (CAGR), from $619.59M to $984.18M.
What does business segments — cost of services mean?
This metric captures the direct costs associated with delivering fertility treatment services, including payments to network providers and clinical management expenses. It represents the primary variable costs required to support the company's service delivery model. Monitoring this helps assess the efficiency of the provider network and the direct cost of revenue generation.