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%+2.1pp	23.6%+1.9pp	22.9%+1.3pp	22.3%+0.3pp	22%+0.1pp
Operating margin	7.5%+1.4pp	6.6%+0.8pp	6.8%+1.0pp	6.2%-0.1pp	6%+0.1pp
Net margin	5.2%+0.9pp	4.5%-0.1pp	4.5%-0.6pp	4.3%-1.3pp	4.3%-1.2pp
EBITDA margin	7.9%+1.6pp	7%+1.0pp	7.1%+1.1pp	6.5%0.0pp	6.3%+0.2pp
Free cash flow margin	14.3%-1.9pp	14.9%0.0pp	15.2%+1.2pp	15.3%+0.2pp	16.1%-1.0pp
Returns
Return on equity	14.9%+4.8pp	12.5%+1.3pp	11.4%-0.7pp	10.9%-2.6pp	10.1%-2.2pp
Return on assets	9.5%+2.6pp	8.7%+0.7pp	7.8%-0.5pp	7.3%-1.8pp	6.9%-1.6pp
Return on invested capital	17.1%+6.9pp	14.7%+3.0pp	12.5%+0.1pp	11.5%-3.5pp	10.2%-3.5pp
Efficiency
Asset turnover	1.8×+0.2×	1.9×+0.2×	1.7×+0.1×	1.7×+0.1×	1.6×+0.1×
Liquidity
Current ratio	2.1×-0.3×	2.7×-0.1×	3×+0.3×	2.7×+0.1×	2.4×-0.9×
Quick ratio	2.1×-0.3×	2.7×-0.1×	3×+0.3×	2.7×+0.1×	2.4×-0.9×
Cash ratio	0.6×+0.1×	0.6×-0.4×	0.6×+0.2×	0.6×+0.2×	0.5×-0.1×
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	-1×0.0×	-0.9×+1.1×	-1.2×-0.1×	-1.3×-0.3×	-1×+0.4×
Per Share
Book value per share	$5.18-0.9%	$5.77+21.5%	$6.21+33.9%	$5.75+23.2%	$5.23-7.5%
Valuation
Market capitalization	$1.39B-27.1%	$2.21B+50.7%	$1.85B+17.6%	$1.82B-34.0%	$1.91B-47.9%
Enterprise value	$1.29B-29.6%	$2.13B+60.6%	$1.74B+16.2%	$1.72B-36.0%	$1.83B-48.7%
Price / earnings	20.5×-15.8×	37.8×+10.8×	32.7×+5.2×	34.3×-9.7×	36.3×-23.4×
Price / sales	1.1×-0.5×	1.7×+0.5×	1.5×+0.1×	1.5×-1.0×	1.6×-1.7×
Price / book	3.2×-0.9×	4.3×+0.8×	3.3×-0.3×	3.5×-2.5×	4.1×-2.3×
EV / EBITDA	12.6×-11.2×	23.6×+4.8×	19.3×-2.6×	21.3×-15.1×	23.8×-28.5×
EV / sales	1×-0.5×	1.7×+0.5×	1.4×+0.1×	1.4×-1.0×	1.5×-1.7×
Free cash flow yield	13.3%+3.0pp	8.7%-3.2pp	10.5%+0.3pp	10.4%+4.2pp	10.3%+5.1pp
Earnings yield	4.9%+2.1pp	2.6%-1.1pp	3.1%-0.6pp	2.9%+0.6pp	2.8%+1.1pp

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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.