NASDAQ$PGNY

Progyny Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Progyny Inc reported Q2 2025 results with revenue growth and continued profitability.

Progyny achieved revenue of $332.9 million in Q2 2025, up 9% year-over-year, driven by increases in both fertility and pharmacy benefits solutions. Net income rose to $17.1 million with operating income of $24.4 million. The company maintained strong utilization metrics and expanded its client base.

  • Revenue reached $332.9 million, reflecting 9% growth from Q2 2024.
  • Fertility benefits services contributed $213.9 million and pharmacy benefits $118.9 million.
  • Net income was $17.1 million with diluted EPS of $0.19.
  • ART cycles performed totaled 16,938 with member utilization at 0.55%.

Headline financials

Total Revenue

$333M

Previous: $304M+9.5%
EPS (adj)

$0.19

Previous: $0.43-55.8%
ART cycles

16.9K

No prior period
Utilization - All Members

0.6%

No prior period
Utilization - Female Only

0.5%

No prior period
Average Members

6.7M

No prior period
Capital Expenditures

-$8.11M

Previous: -$1.72M-372.7%
Net Income

$17.1M

Previous: $16.5M+3.8%
Operating Income

$24.4M

Previous: $20.7M+17.7%
Gross Profit

$79M

Previous: $68.3M+15.7%
Cash & Equivalents

$133M

No prior period
Total Assets

$761M

No prior period

Revenue & EPS history

Progyny · Revenue · Quarterly

$333M

Q2 2025+9.5%vs Q2 2024
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Progyny · $333M total across 2 segments · Q2 2025

  • Fertility benefits services
    $214M
  • Pharmacy benefits services
    $119M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-1.1%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-0.2%

Avg return

30 days after

38%

11 / 29 earnings

Positive

+26.4%

Q2 2022

Best reaction

-20.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+2.5%+25.4%+38.2%
Q4 2025-20.5%-20.0%-22.4%
Q3 2025+24.3%+33.6%+33.4%
Q1 2025-9.7%-6.5%-7.2%
Q4 2024-1.5%-5.2%-4.3%
Q3 2024-18.5%-19.3%-12.9%
Q2 2024-17.7%-14.7%-6.4%
Q1 2024-14.4%-14.6%-14.2%
Q4 2023-13.1%-9.7%-4.3%
Q3 2023-4.3%-2.1%+17.8%
Q2 2023+4.9%-2.8%-8.6%
Q1 2023+9.3%+5.9%+16.8%
Q4 2022+22.9%+18.4%+7.7%
Q3 2022-2.6%+2.0%-13.8%
Q2 2022+26.4%+25.5%+15.4%
Q1 2022-7.1%-15.6%-23.1%
Q4 2021+11.5%+13.0%+31.6%
Q3 2021+2.5%+5.8%-22.2%
Q2 2021-12.8%-17.1%+4.3%
Q1 2021-3.2%-8.7%+18.4%
Q4 2020-15.5%-14.9%-14.4%
Q3 2020-0.3%+7.0%+38.7%
Q2 2020+0.4%+8.4%-0.9%
Q1 2019-2.4%+4.8%-13.7%
Q1 2020+21.8%+18.8%+2.1%
Q4 2017-3.7%-6.3%-8.3%
Q4 2019-12.2%-15.5%-39.0%
Q4 2018-0.2%-5.0%-7.0%
Q3 2019+0.5%+0.3%-6.5%
Q2 2019
Q3 2018
Q2 2018
Q1 2018

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