Progyny (PGNY) Free Cash Flow (2018 - 2026)
Progyny's Free Cash Flow was $44.21 million in Q2 2026, down 12.0% from $50.24 million a year earlier but up 11.6% from the prior quarter.
Progyny (PGNY) Free Cash Flow (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progyny's Free Cash Flow was $178.38 million through Jun 30, 2026, down 6.2% year-over-year; for FY2025, it came in at $191.78 million, up 10.4% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 40.4% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $173.7 million in FY2024 (-6.2%), $185.17 million in FY2023 (+140.0%), $77.15 million in FY2022 (+222.7%) and $23.91 million in FY2021 (-32.0%).
- Quarterly Free Cash Flow has moved between -$12.05 million (Q1 2022) and $75.25 million (Q2 2023) over five years.
- Compared with a year earlier, Free Cash Flow has declined for three straight quarters, with growth averaging 8.9% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q4 2022 (growth of 519.2%); the worst was Q4 2023 (a decline of 27.2%).
- Per Business Quant data, PGNY's Free Cash Flow in the three quarters before Q2 2026 was $39.6 million (Q1 2026), $48.59 million (Q4 2025) and $45.99 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.00 Bn | 98.01 Bn | - | 1.10 Bn |
| 2 | Natera | 58.65 Bn | 54.33 Bn | 485.19 Mn | -8.64 Mn |
| 3 | Labcorp Holdings | 26.45 Bn | 24.20 Bn | 1.11 Bn | 313.90 Mn |
| 4 | Quest Diagnostics | 26.29 Bn | 24.42 Bn | 1.03 Bn | 459.00 Mn |
| 5 | Tenet Healthcare | 22.64 Bn | 11.65 Bn | - | 417.00 Mn |
| 6 | Guardant Health | 21.51 Bn | 17.57 Bn | 219.03 Mn | -69.54 Mn |
| 7 | BrightSpring Health Services | 12.94 Bn | 11.27 Bn | 492.75 Mn | 14.88 Mn |
| 8 | Fresenius Medical Care AG | 12.93 Bn | 4.88 Bn | 1.52 Bn | 720.55 Mn |
| 9 | Davita | 12.29 Bn | 9.50 Bn | 1.16 Bn | 320.25 Mn |
| 10 | Progyny | 2.25 Bn | 1.13 Bn | 89.30 Mn | 44.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.21 Mn |
| Mar 31, 2026 | 39.60 Mn |
| Dec 31, 2025 | 48.59 Mn |
| Sep 30, 2025 | 45.99 Mn |
| Jun 30, 2025 | 50.24 Mn |
| Mar 31, 2025 | 46.97 Mn |
| Dec 31, 2024 | 50.27 Mn |
| Sep 30, 2024 | 42.72 Mn |
| Jun 30, 2024 | 55.83 Mn |
| Mar 31, 2024 | 24.88 Mn |
| Dec 31, 2023 | 36.98 Mn |
| Sep 30, 2023 | 53.23 Mn |
| Jun 30, 2023 | 75.25 Mn |
| Mar 31, 2023 | 19.71 Mn |
| Dec 31, 2022 | 50.80 Mn |
| Sep 30, 2022 | 19.65 Mn |
| Jun 30, 2022 | 18.76 Mn |
| Mar 31, 2022 | -12.05 Mn |
| Dec 31, 2021 | 8.20 Mn |
| Sep 30, 2021 | 23.45 Mn |
Progyny Free Cash Flow 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=free-cash-flow&ticker=PGNY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PGNY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();