Progyny (PGNY) EBT Margin (2018 - 2026)
Progyny's EBT Margin was 11.74% in Q2 2026, up 3.60 percentage points from 8.13% a year earlier and up 0.51 percentage points from the prior quarter.
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Analysis
Progyny (PGNY) EBT Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progyny's EBT Margin was 9.14% through Jun 30, 2026, up 1.96 percentage points year-over-year; for FY2025, it came in at 7.41%, up 0.28 percentage points from FY2024.
- EBT Margin has now increased for three consecutive years, with a five-year change of +4.89 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 7.13% in FY2024 (+0.63 pp), 6.49% in FY2023 (+3.39 pp), 3.11% in FY2022 (-3.37 pp) and 6.48% in FY2021 (+3.96 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin in data going back to Q1 2018.
- Compared with a year earlier, EBT Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.80 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q1 2023 (a gain of 6.40 percentage points); the worst was Q1 2022 (a drop of 9.74 percentage points).
- Per Business Quant data, PGNY's EBT Margin in the three quarters before Q2 2026 was 11.23% (Q1 2026), 5.61% (Q4 2025) and 7.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.83 Bn | 97.84 Bn | - | 12.33% |
| 2 | Natera | 58.56 Bn | 54.24 Bn | 485.19 Mn | -8.93% |
| 3 | Labcorp Holdings | 26.23 Bn | 23.97 Bn | 1.11 Bn | 10.36% |
| 4 | Quest Diagnostics | 26.14 Bn | 24.27 Bn | 1.03 Bn | 13.54% |
| 5 | Tenet Healthcare | 22.64 Bn | 11.64 Bn | - | 23.81% |
| 6 | Guardant Health | 21.64 Bn | 17.70 Bn | 219.03 Mn | -35.81% |
| 7 | BrightSpring Health Services | 12.85 Bn | 11.18 Bn | 492.75 Mn | 2.41% |
| 8 | Fresenius Medical Care AG | 12.41 Bn | 4.36 Bn | 1.52 Bn | 7.88% |
| 9 | Tempus AI | 12.34 Bn | 9.37 Bn | 246.50 Mn | 2.30% |
| 10 | Progyny | 2.24 Bn | 1.12 Bn | 89.30 Mn | 11.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.74% |
| Mar 31, 2026 | 11.23% |
| Dec 31, 2025 | 5.61% |
| Sep 30, 2025 | 7.65% |
| Jun 30, 2025 | 8.13% |
| Mar 31, 2025 | 8.19% |
| Dec 31, 2024 | 5.92% |
| Sep 30, 2024 | 6.27% |
| Jun 30, 2024 | 8.24% |
| Mar 31, 2024 | 8.10% |
| Dec 31, 2023 | 6.02% |
| Sep 30, 2023 | 7.45% |
| Jun 30, 2023 | 6.14% |
| Mar 31, 2023 | 6.32% |
| Dec 31, 2022 | 1.93% |
| Sep 30, 2022 | 5.62% |
| Jun 30, 2022 | 4.57% |
| Mar 31, 2022 | -0.08% |
| Dec 31, 2021 | -0.31% |
| Sep 30, 2021 | 7.46% |
API Access
Progyny EBT 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=ebt-margin&ticker=PGNY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=PGNY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();