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Progyny PGNY Business Segments — Income Tax Expense (Benefit)

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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:IncomeTaxExpenseBenefit.

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 — income tax expense (benefit)?
Progyny (PGNY) reported business segments — income tax expense (benefit) of $12.65M in Q1 2026.
How has Progyny's business segments — income tax expense (benefit) changed year-over-year?
Progyny's business segments — income tax expense (benefit) increased by 10.2% year-over-year, from $11.48M to $12.65M.
What is the long-term trend for Progyny's business segments — income tax expense (benefit)?
Over 3 years (2022 to 2025), Progyny's business segments — income tax expense (benefit) has grown at a 84.1% compound annual growth rate (CAGR), from -$5.92M to $36.91M.
What does business segments — income tax expense (benefit) mean?
This metric reflects the total income tax liability or benefit recognized by the business segment for the reporting period. It accounts for the impact of statutory tax rates and adjustments on the segment's pre-tax earnings. Understanding this figure is essential for calculating the effective tax rate and assessing net profitability.