Progyny (PGNY) EBITDA Margin (2018 - 2026)
Progyny (PGNY) recorded EBITDA Margin of 11.88% in Q2 2026, up 4.20 percentage points from 7.68% a year earlier and up 0.65 percentage points from the prior quarter.
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Analysis
Progyny (PGNY) EBITDA Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Progyny's EBITDA Margin came in at 8.99% as of Jun 30, 2026, up 2.49 percentage points year-over-year; for FY2025, it came in at 7.00%, up 0.95 percentage points from FY2024.
- Annual EBITDA Margin has increased for three straight years, with a five-year change of +4.03 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 6.05% in FY2024 (+0.13 pp), 5.92% in FY2023 (+2.75 pp), 3.17% in FY2022 (-3.55 pp) and 6.72% in FY2021 (+3.75 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin in data going back to Q4 2018.
- On a year-over-year basis, EBITDA Margin rose in six of the last eight quarters, with an average year-over-year change of +1.20 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 5.84 percentage points in Q1 2023, against a drop of 9.84 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.22% (Q1 2026), 5.21% (Q4 2025) and 7.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | 20.01% |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 16.90% |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 30.60% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -35.69% |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 16.93% |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 4.51% |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 21.01% |
| 10 | Progyny | 2.18 Bn | 1.06 Bn | 89.30 Mn | 11.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.88% |
| Mar 31, 2026 | 11.22% |
| Dec 31, 2025 | 5.21% |
| Sep 30, 2025 | 7.27% |
| Jun 30, 2025 | 7.68% |
| Mar 31, 2025 | 7.80% |
| Dec 31, 2024 | 5.58% |
| Sep 30, 2024 | 4.64% |
| Jun 30, 2024 | 7.05% |
| Mar 31, 2024 | 6.92% |
| Dec 31, 2023 | 5.35% |
| Sep 30, 2023 | 6.68% |
| Jun 30, 2023 | 5.62% |
| Mar 31, 2023 | 6.02% |
| Dec 31, 2022 | 1.75% |
| Sep 30, 2022 | 5.68% |
| Jun 30, 2022 | 4.73% |
| Mar 31, 2022 | 0.18% |
| Dec 31, 2021 | 0.10% |
| Sep 30, 2021 | 7.63% |
API Access
Progyny EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PGNY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "PGNY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PGNY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();