What are Progyny's profit margins?

Progyny (PGNY) runs a 24.1% gross margin and a 7.5% operating margin, with a 5.2% net margin.

Where do Progyny's ratios come from?

Every ratio is computed from Progyny's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Progyny PGNY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	24.1%+0.5pp	23.6%+0.7pp	22.9%+0.6pp	22.3%+0.4pp	22%+0.3pp
Operating margin	7.5%+0.8pp	6.6%-0.1pp	6.8%+0.6pp	6.2%+0.2pp	6%+0.2pp
Net margin	5.2%+0.7pp	4.5%+0.1pp	4.5%+0.2pp	4.3%0.0pp	4.3%-0.3pp
EBITDA margin	7.9%+0.9pp	7%-0.1pp	7.1%+0.6pp	6.5%+0.2pp	6.3%+0.3pp
Free cash flow margin	14.3%-0.6pp	14.9%-0.4pp	15.2%-0.1pp	15.3%-0.8pp	16.1%+1.3pp
Returns
Return on equity	14.9%+2.5pp	12.5%+1.1pp	11.4%+0.4pp	10.9%+0.8pp	10.1%-1.0pp
Return on assets	9.5%+0.8pp	8.7%+0.9pp	7.8%+0.5pp	7.3%+0.4pp	6.9%-1.1pp
Return on invested capital	17.1%+2.4pp	14.7%+2.2pp	12.5%+0.9pp	11.5%+1.3pp	10.2%-1.5pp
Efficiency
Asset turnover	1.8×-0.1×	1.9×+0.2×	1.7×0.0×	1.7×+0.1×	1.6×-0.1×
Liquidity
Current ratio	2.1×-0.6×	2.7×-0.2×	3×+0.3×	2.7×+0.3×	2.4×-0.4×
Quick ratio	2.1×-0.6×	2.7×-0.2×	3×+0.3×	2.7×+0.3×	2.4×-0.4×
Cash ratio	0.6×0.0×	0.6×-0.1×	0.6×0.0×	0.6×+0.1×	0.5×-0.5×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-1×-0.1×	-0.9×+0.2×	-1.2×+0.1×	-1.3×-0.2×	-1×+1.0×
Per Share
Book value per share	$5.18-10.1%	$5.77-7.1%	$6.21+8.0%	$5.75+9.8%	$5.23+10.2%
Valuation
Market capitalization	$1.39B-37.2%	$2.21B+19.6%	$1.85B+1.5%	$1.82B-4.5%	$1.91B+29.9%
Enterprise value	$1.29B-39.6%	$2.13B+22.1%	$1.74B+1.5%	$1.72B-6.0%	$1.83B+37.9%
Price / earnings	20.5×-17.3×	37.8×+5.1×	32.7×-1.6×	34.3×-2.0×	36.3×+9.3×
Price / sales	1.1×-0.6×	1.7×+0.3×	1.5×0.0×	1.5×-0.1×	1.6×+0.3×
Price / book	3.2×-1.1×	4.3×+1.0×	3.3×-0.2×	3.5×-0.5×	4.1×+0.6×
EV / EBITDA	12.6×-11.0×	23.6×+4.3×	19.3×-1.9×	21.3×-2.6×	23.8×+5.1×
EV / sales	1×-0.7×	1.7×+0.3×	1.4×0.0×	1.4×-0.1×	1.5×+0.4×
Free cash flow yield	13.3%+4.6pp	8.7%-1.8pp	10.5%0.0pp	10.4%+0.2pp	10.3%-1.6pp
Earnings yield	4.9%+2.2pp	2.6%-0.4pp	3.1%+0.1pp	2.9%+0.2pp	2.8%-0.9pp

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Questions, answered.

What are Progyny's profit margins?: Progyny (PGNY) runs a 24.1% gross margin and a 7.5% operating margin, with a 5.2% net margin.
Where do Progyny's ratios come from?: Every ratio is computed from Progyny's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.