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Progyny PGNY Business Segments — Sales and marketing

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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
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 pgny:SalesAndMarketing.

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
Revenue(1)$350,511$332,874$679,015$656,912
Less:
Cost of services261,210253,901506,643502,144
Sales and marketing18,07418,40534,95836,191
General and administrative31,22436,21062,03270,049
Interest and other income, net(1,134)(2,719)(2,638)(5,086)
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 business segments — sales and marketing?
Progyny (PGNY) reported business segments — sales and marketing of $18.07M in Q2 2026.
How has Progyny's business segments — sales and marketing changed year-over-year?
Progyny's business segments — sales and marketing decreased by 1.8% year-over-year, from $18.41M to $18.07M.
What is the long-term trend for Progyny's business segments — sales and marketing?
Over 3 years (2022 to 2025), Progyny's business segments — sales and marketing has grown at a 16.5% compound annual growth rate (CAGR), from $45.66M to $72.11M.
What does business segments — sales and marketing mean?
This metric tracks the expenditures dedicated to acquiring new employer clients and promoting the company's fertility benefit solutions. It includes costs related to sales personnel, advertising, and business development initiatives. Analyzing this spend relative to revenue growth provides insight into the company's customer acquisition efficiency.

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