Progyny (PGNY) Financials: Revenue & Earnings
$2.14B
Market Cap
29.00
P/E
21.68
Forward P/E
—
Score
PGNY price $27.86 +0.14 +0.52%
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| 48584000 | 105400000 | 229683000 | 344858000 | 500621000 | 786913000 | 1088598000 | 1167221000 | 1288661000 |
Progyny, Inc. functions as a benefits management corporation, dedicated to providing specialized solutions for fertility and broader family-building initiatives to employers throughout the United States. Its core fertility offering is characterized by a distinctive benefits plan architecture, paired with personalized, white-glove member support services and access to a meticulously chosen network of top-tier…
PGNY fair value $47.68. Price $27.86. Price is 42% below fair value.
Below fair value, around its usual discount.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 217.99M. Growth 9.85%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.91% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 76.73M. Net debt -84.51M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 0.31 | — | 340.76M |
| 2026-08-06 | 0.36 | 0.33 | 350.51M | 349.05M |
| 2026-05-07 | 0.30 | 0.26 | 328.50M | 326.46M |
| 2026-02-26 | 0.15 | 0.15 | 318.40M | 307.42M |
| 2025-11-06 | 0.16 | 0.39 | 313.35M | 299.26M |
| 2025-08-07 | 0.20 | 0.17 | 332.87M | 320.10M |
| 2025-05-08 | 0.18 | 0.19 | 324.04M | 307.86M |
| 2025-02-27 | 0.12 | 0.11 | 298.43M | 277.78M |
| 2024-11-12 | 0.11 | 0.14 | 286.62M | 296.85M |
| 2024-08-06 | 0.17 | 0.17 | 304.09M | 305.11M |
| 2024-05-09 | 0.17 | 0.14 | 278.08M | 289.41M |
| 2024-02-27 | 0.13 | 0.11 | 269.94M | 274.08M |
| 2023-11-07 | 0.16 | 0.12 | 280.89M | 271.20M |
| 2023-08-03 | 0.15 | 0.10 | 279.37M | 261.91M |
| 2023-05-08 | 0.18 | 0.07 | 258.39M | 246.43M |
| 2023-02-27 | 0.03 | 0.01 | 214.32M | 211.78M |
| 2022-11-03 | 0.13 | 0.05 | 205.37M | 194.54M |
| 2022-08-04 | 0.09 | 0.05 | 195.00M | 190.51M |
| 2022-05-05 | 0.05 | 0.01 | 172.22M | 167.18M |
| 2022-02-28 | 0.15 | 0.04 | 127.55M | 134.63M |
| 2021-11-04 | 0.17 | 0.06 | 122.28M | 128.96M |
| 2021-08-05 | 0.19 | 0.08 | 128.65M | 119.40M |
| 2021-05-06 | 0.15 | 0.08 | 122.13M | 121.27M |
| 2021-02-24 | 0.07 | 0.06 | 100.30M | 97.73M |
| 2020-11-05 | 0.05 | 0.05 | 98.93M | 98.93M |
| 2020-08-05 | -0.02 | -0.03 | 64.61M | 96.91M |
| 2020-05-12 | 0.04 | 0.02 | 81.02M | 40.51M |
| 2020-03-05 | 0.01 | 0.02 | 65.12M | 130.24M |
| 2019-12-04 | 0.03 | 0.02 | 61.20M | 60.83M |
| 2019-10-25 | 0.02 | — | 56.17M | — |
| 2019-03-31 | 0.03 | — | 47.20M | — |
| 2018-12-31 | -0.02 | — | 29.19M | — |
| 2018-09-30 | -0.01 | — | 27.80M | — |
| 2018-06-30 | -0.15 | — | 26.16M | — |
| 2018-03-31 | -0.28 | — | 22.26M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-14 | Cummings Melissa B | Sell | 1.56K | $27.39 | 42.70K |
| 2026-10-14 | Cummings Melissa B | Sell | 1.88K | $28.00 | 52.61K |
| 2026-09-23 | Swartz Allison | Sell | 3.90K | $26.10 | 101.87K |
| 2026-09-17 | Clapp Geoffrey | Sell | 819 | $27.38 | 22.42K |
| 2026-09-10 | GORDON KEVIN K | Buy | 22.00K | $13.00 | 286.00K |
| 2026-09-10 | GORDON KEVIN K | Sell | 22.00K | $13.00 | 286.00K |
| 2026-09-10 | GORDON KEVIN K | Sell | 10.50K | $27.24 | 286.02K |
| 2026-09-10 | GORDON KEVIN K | Sell | 11.50K | $27.12 | 311.86K |
| 2026-09-10 | GORDON KEVIN K | Buy | 22.00K | $13.00 | 286.00K |
| 2026-09-10 | GORDON KEVIN K | Sell | 22.00K | $13.00 | 286.00K |
| 2026-09-10 | GORDON KEVIN K | Sell | 10.50K | $27.24 | 286.02K |
| 2026-09-10 | GORDON KEVIN K | Sell | 11.50K | $27.94 | 321.36K |
| 2026-09-04 | Swartz Allison | Sell | 479 | $26.61 | 12.75K |
| 2026-09-04 | Livingston Mark S. | Sell | 479 | $26.61 | 12.75K |
| 2026-09-03 | Anevski Peter | Sell | 5.36K | $26.29 | 140.94K |
| 2026-09-03 | Swartz Allison | Sell | 828 | $26.29 | 21.77K |
| 2026-09-03 | Livingston Mark S. | Sell | 1.53K | $26.29 | 40.28K |
| 2026-09-02 | Livingston Mark S. | Sell | 224 | $25.66 | 5.75K |
| 2026-08-28 | Swartz Allison | Sell | 1.35K | $25.86 | 34.96K |
| 2026-07-14 | Cummings Melissa B | Sell | 1.19K | $31.98 | 38.15K |
| 2026-07-14 | Cummings Melissa B | Sell | 2.24K | $31.60 | 70.91K |
| 2026-06-17 | Clapp Geoffrey | Sell | 819 | $26.60 | 21.79K |
| 2026-06-04 | Livingston Mark S. | Sell | 339 | $24.99 | 8.47K |
| 2026-06-04 | Livingston Mark S. | Sell | 1.92K | $25.50 | 48.91K |
| 2026-06-04 | Livingston Mark S. | Sell | 599 | $25.50 | 15.27K |
| 2026-06-04 | Swartz Allison | Sell | 339 | $24.99 | 8.47K |
| 2026-06-04 | Swartz Allison | Sell | 599 | $25.08 | 15.02K |
| 2026-06-03 | Livingston Mark S. | Sell | 1.08K | $25.12 | 27.18K |
| 2026-06-03 | Swartz Allison | Sell | 676 | $25.12 | 16.98K |
| 2026-06-03 | Swartz Allison | Sell | 1.20K | $25.02 | 30.00K |
| 2026-06-03 | Anevski Peter | Sell | 5.36K | $25.12 | 134.67K |
| 2026-05-28 | Swartz Allison | Sell | 1.35K | $25.48 | 34.45K |
| 2026-05-28 | Swartz Allison | Sell | 2.40K | $25.46 | 61.05K |
| 2026-05-27 | GORDON KEVIN K | Buy | 2.53K | — | — |
| 2026-05-27 | GORDON KEVIN K | Sell | 5.50K | $24.99 | 137.44K |
| 2026-05-27 | GORDON KEVIN K | Sell | 2.53K | — | — |
| 2026-05-21 | Bierbower Elizabeth D | Buy | 27.12K | $24.69 | 669.57K |
| 2026-05-21 | Bierbower Elizabeth D | Buy | 5.66K | — | — |
| 2026-05-21 | Bierbower Elizabeth D | Buy | 3.20K | $24.69 | 79.08K |
| 2026-05-21 | Dean Lloyd H | Buy | 28.20K | $24.69 | 696.33K |
| 2026-05-21 | Dean Lloyd H | Buy | 6.79K | — | — |
| 2026-05-21 | GORDON KEVIN K | Buy | 30.37K | $24.69 | 749.91K |
| 2026-05-21 | GORDON KEVIN K | Buy | 6.79K | — | — |
| 2026-05-21 | HOLSTEIN ROGER C | Buy | 29.29K | $24.69 | 723.15K |
| 2026-05-21 | HOLSTEIN ROGER C | Buy | 6.79K | — | — |
| 2026-05-21 | HOLSTEIN ROGER C | Buy | 4.00K | $24.69 | 98.83K |
| 2026-05-21 | Park Jeffrey G | Buy | 7.92K | — | — |
| 2026-05-21 | Park Jeffrey G | Buy | 31.46K | $24.69 | 776.70K |
| 2026-05-21 | Park Jeffrey G | Buy | 5.21K | $24.69 | 128.51K |
| 2026-05-21 | Payson Norman | Buy | 27.12K | $24.69 | 669.57K |
| 2026-05-21 | Payson Norman | Buy | 5.66K | — | — |
| 2026-05-21 | Payson Norman | Buy | 3.20K | $24.69 | 79.08K |
| 2026-05-21 | Scott Cheryl | Buy | 27.12K | $24.69 | 669.57K |
| 2026-05-21 | Scott Cheryl | Buy | 5.66K | — | — |
| 2026-05-21 | MORRIS DEBRA L | Buy | 27.12K | $24.69 | 669.57K |
| 2026-05-21 | MORRIS DEBRA L | Buy | 5.66K | — | — |
| 2026-05-21 | MORRIS DEBRA L | Buy | 3.20K | $24.69 | 79.08K |
| 2026-05-20 | Livingston Mark S. | Sell | 8.28K | $25.50 | 211.01K |
| 2026-05-19 | Cummings Melissa B | Sell | 9.58K | $25.00 | 239.45K |
| 2026-04-14 | Cummings Melissa B | Sell | 4.17K | $16.98 | 70.84K |
| 2026-03-17 | Clapp Geoffrey | Sell | 3.27K | $17.42 | 57.05K |
| 2026-03-04 | Swartz Allison | Sell | 339 | $17.52 | 5.94K |
| 2026-03-04 | Swartz Allison | Sell | 599 | $17.54 | 10.51K |
| 2026-03-04 | Livingston Mark S. | Sell | 339 | $17.52 | 5.94K |
| 2026-03-03 | Swartz Allison | Sell | 2.84K | $17.60 | 50.02K |
| 2026-03-03 | Swartz Allison | Sell | 500 | $17.40 | 8.70K |
| 2026-03-03 | Swartz Allison | Sell | 4.16K | $17.40 | 72.33K |
| 2026-03-03 | Livingston Mark S. | Sell | 4.58K | $17.60 | 80.59K |
| 2026-03-03 | Anevski Peter | Sell | 17.61K | $17.60 | 309.95K |
| 2026-03-02 | Clapp Geoffrey | Buy | 35.23K | — | — |
| 2026-03-02 | Clapp Geoffrey | Buy | 51.37K | $17.60 | 904.16K |
| 2026-03-02 | Cummings Melissa B | Buy | 45.45K | — | — |
| 2026-03-02 | Cummings Melissa B | Buy | 66.29K | $17.60 | 1.17M |
| 2026-03-02 | Swartz Allison | Buy | 28.41K | — | — |
| 2026-03-02 | Swartz Allison | Sell | 1.55K | $17.69 | 27.44K |
| 2026-03-02 | Swartz Allison | Sell | 2.20K | $17.27 | 37.98K |
| 2026-03-02 | Swartz Allison | Buy | 41.43K | $17.60 | 729.17K |
| 2026-03-02 | Livingston Mark S. | Buy | 45.45K | — | — |
| 2026-03-02 | Livingston Mark S. | Sell | 181 | $17.69 | 3.20K |
| 2026-03-02 | Livingston Mark S. | Buy | 66.29K | $17.60 | 1.17M |
| 2026-03-02 | Anevski Peter | Buy | 159.09K | — | — |
| 2026-03-02 | Anevski Peter | Buy | 232.01K | $17.60 | 4.08M |
| 2026-01-02 | Schlanger David J | Sell | 2.17K | $25.68 | 55.75K |
| 2026-01-02 | Anevski Peter | Sell | 6.01K | $25.68 | 154.31K |
| 2025-12-31 | Sturmer Michael E | Sell | 33.03K | $25.84 | 853.44K |
| 2025-12-11 | Livingston Mark S. | Sell | 459 | $25.50 | 11.70K |
| 2025-12-04 | Livingston Mark S. | Sell | 479 | $24.55 | 11.76K |
| 2025-12-04 | Sturmer Michael E | Sell | 7.98K | $24.55 | 195.84K |
| 2025-12-04 | Swartz Allison | Sell | 408 | $24.55 | 10.02K |
| 2025-12-04 | Swartz Allison | Sell | 530 | $24.59 | 13.03K |
| 2025-12-02 | Livingston Mark S. | Sell | 224 | $25.27 | 5.66K |
| 2025-12-02 | Livingston Mark S. | Sell | 213 | $25.50 | 5.43K |
| 2025-12-02 | Sturmer Michael E | Sell | 448 | $25.27 | 11.32K |
| 2025-11-28 | Swartz Allison | Sell | 1.35K | $26.70 | 36.10K |
| 2025-11-28 | Swartz Allison | Sell | 2.40K | $26.87 | 64.43K |
| 2025-11-18 | Payson Norman | Sell | 50.27K | — | — |
| 2025-11-17 | Livingston Mark S. | Sell | 21.30K | $25.50 | 543.23K |
| 2025-11-14 | Payson Norman | Buy | 36.22K | $1.45 | 52.52K |
| 2025-11-14 | Payson Norman | Sell | 36.22K | $1.45 | 52.52K |
| 2025-11-13 | Anevski Peter | Buy | 79.50K | $24.29 | 1.93M |
Latest filed quarter: Q2 2026.
Institutions holding: 317, holders +19 vs prior quarter. Ownership 98.14%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 11.60M | -398.55K | -3.32% | 334.43M |
| FMR LLC | 7.00M | 503.46K | +7.74% | 201.93M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5.02M | -272.56K | -5.15% | 144.71M |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.21M | -270.62K | -7.77% | 92.57M |
| STATE STREET CORP | 3.02M | -57.43K | -1.86% | 87.15M |
| AMERIPRISE FINANCIAL INC | 2.76M | -61.82K | -2.19% | 79.67M |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | 2.55M | -145.23K | -5.39% | 73.46M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.97M | -73.76K | -3.61% | 56.78M |
| CITADEL ADVISORS LLC | 1.79M | 1.79M | New | 51.48M |
| DIMENSIONAL FUND ADVISORS LP | 1.69M | 115.25K | +7.32% | 48.68M |
| SOLEUS CAPITAL MANAGEMENT, L.P. | 1.60M | -465.00K | -22.50% | 46.19M |
| MORGAN STANLEY | 1.54M | -751.72K | -32.86% | 44.28M |
| WELLINGTON MANAGEMENT GROUP LLP | 1.50M | -790.75K | -34.57% | 43.15M |
| DISCIPLINED GROWTH INVESTORS INC /MN | 1.18M | 607.07K | +105.66% | 34.07M |
| LOOMIS SAYLES & CO L P | 1.08M | 92.54K | +9.36% | 31.16M |
| BAILLIE GIFFORD & CO | 1.08M | -142.10K | -11.64% | 31.10M |
| JANE STREET GROUP, LLC | 1.06M | 914.46K | +614.12% | 30.66M |
| EASTERLY INVESTMENT PARTNERS LLC | 958.12K | 124.67K | +14.96% | 27.62M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 954.07K | 954.07K | New | 27.51M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 954.07K | 155.44K | +19.46% | 27.51M |
| LSV ASSET MANAGEMENT | 895.64K | 895.64K | New | 25.82M |
| NORTHERN TRUST CORP | 802.88K | -15.29K | -1.87% | 23.15M |
| AQR CAPITAL MANAGEMENT LLC | 797.53K | 141.14K | +21.50% | 22.99M |
| AMERICAN CENTURY COMPANIES INC | 778.84K | 553.05K | +244.94% | 22.45M |
| FIDEURAM ASSET MANAGEMENT (IRELAND) DAC | 904.06K | 823.24K | +1018.54% | 18.39M |
Progyny, Inc. (PGNY) trades at $27.86, with a market cap of $2.14B and a trailing P/E of 29.00. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| 48584000 | 105400000 | 229683000 | 344858000 | 500621000 | 786913000 | 1088598000 | 1167221000 | 1288661000 |
Insights · Dividends · Forecast · Financials · Learn
$2.14B
Market Cap
29.00
P/E
21.68
Forward P/E
—
Score