Progyny Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,269	1,167	1,089	786.91	500.62	344.86
Revenue Growth (YoY)	11.41%	7.22%	38.34%	57.19%	45.17%	50.14%
Cost of Revenue	977.65	913.86	849.8	619.59	388.49	274.8
Gross Profit	291.04	253.36	238.8	167.33	112.14	70.06
Selling, General & Admin	205.19	185.91	176.62	143.98	79.8	61.71
Operating Expenses	205.19	185.91	176.62	143.98	79.8	61.71
Operating Income	85.84	67.46	62.18	23.34	32.34	8.35
Interest & Investment Income	19.38	15.75	8.51	1.1	0.46	0.12
Other Non Operating Income (Expenses)	-	-	-	-	-	0.21
EBT Excluding Unusual Items	105.22	83.2	70.69	24.44	32.8	8.68
Gain (Loss) on Sale of Investments	-9.98	-	-	-	-0.37	-
Pretax Income	95.24	83.2	70.69	24.44	32.44	8.68
Income Tax Expense	38.67	28.87	8.65	-5.92	-33.33	-37.78
Earnings From Continuing Operations	56.57	54.34	62.04	30.36	65.77	46.46
Net Income	56.57	54.34	62.04	30.36	65.77	46.46
Net Income to Common	56.57	54.34	62.04	30.36	65.77	46.46
Net Income Growth	-1.23%	-12.41%	104.35%	-53.84%	41.56%	-
Shares Outstanding (Basic)	87	91	95	92	89	86
Shares Outstanding (Diluted)	91	95	101	100	100	99
Shares Change (YoY)	-6.22%	-5.19%	0.72%	-0.40%	1.31%	377.72%
EPS (Basic)	0.65	0.59	0.65	0.33	0.74	0.54
EPS (Diluted)	0.62	0.57	0.62	0.30	0.66	0.47
EPS Growth	2.96%	-8.06%	106.67%	-54.55%	40.43%	-
Free Cash Flow	193.46	173.7	185.17	77.15	23.91	35.17
Free Cash Flow Per Share	2.13	1.82	1.84	0.77	0.24	0.35
Gross Margin	22.94%	21.71%	21.94%	21.26%	22.40%	20.32%
Operating Margin	6.77%	5.78%	5.71%	2.97%	6.46%	2.42%
Profit Margin	4.46%	4.66%	5.70%	3.86%	13.14%	13.47%
Free Cash Flow Margin	15.25%	14.88%	17.01%	9.80%	4.78%	10.20%
EBITDA	90.29	70.63	64.47	24.94	33.64	10.25
EBITDA Margin	7.12%	6.05%	5.92%	3.17%	6.72%	2.97%
D&A For EBITDA	4.45	3.18	2.28	1.6	1.3	1.91
EBIT	85.84	67.46	62.18	23.34	32.34	8.35
EBIT Margin	6.77%	5.78%	5.71%	2.97%	6.46%	2.42%
Effective Tax Rate	40.60%	34.69%	12.24%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q