Progyny (PGNY) Net Margin (2018 - 2026)
Progyny's (PGNY) quarterly Net Margin came in at 7.36% in Q1 2026, up 271.0% year-on-year from 1.98% in Q1 2025, and up 87.74% on a QoQ basis from 3.92% in Q4 2025.
Progyny (PGNY) Net Margin (2018 - 2026) Analysis & Trends
Progyny (PGNY) has 9 years of Net Margin data on file, last reported at 7.36% in Q1 2026.
- On a quarterly basis, Net Margin rose 271.0% year-over-year to 7.36% in Q1 2026; TTM through Mar 2026 was 5.23%, a 90.0% increase from a year earlier, with the FY2025 full-year figure at 4.54%, down 11.0% from the prior year.
- Net Margin for Q1 2026 stood at 7.36%, up from 3.92% in the prior quarter.
- Over the last five years, Net Margin for PGNY reached as high as 7.36% in Q1 2026 and fell as low as 1.59% in Q4 2022.
- Historically, Net Margin has averaged 4.85% across 5 years, with a median of 4.99% in 2023.
- Across the five-year window, Net Margin tumbled 1023 bps in 2022 and jumped 396 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 1.59% in 2022, then surged by 214 bps to 4.99% in 2023, then slipped by 29 bps to 3.53% in 2024, then gained by 11 bps to 3.92% in 2025, then surged by 88 bps to 7.36% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 7.36% in Q1 2026, 3.92% in Q4 2025, and 4.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.67 Bn | 347.44 Bn | 38.23 Bn | 5.80% |
| 2 | Cvs Health | 136.85 Bn | 125.05 Bn | 22.85 Bn | 8.75% |
| 3 | Elevance Health | 81.99 Bn | 46.04 Bn | 35.79 Bn | 3.52% |
| 4 | Cigna | 76.73 Bn | 68.88 Bn | -44.29 Bn | 18.97% |
| 5 | Humana | 46.13 Bn | 24.17 Bn | 5.94 Bn | 3.03% |
| 6 | Centene | 31.29 Bn | 7.54 Bn | 43.95 Bn | 3.45% |
| 7 | Molina Healthcare | 10.32 Bn | 1.40 Bn | 1.43 Bn | 0.55% |
| 8 | Oscar Health | 8.45 Bn | 1.65 Bn | 1.42 Bn | 14.61% |
| 9 | Alignment Healthcare | 3.84 Bn | 3.12 Bn | 144.48 Mn | 0.92% |
| 10 | Progyny | 2.57 Bn | 2.35 Bn | 83.07 Mn | 7.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.36% |
| Dec 31, 2025 | 3.92% |
| Sep 30, 2025 | 4.42% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 4.65% |
| Dec 31, 2024 | 3.53% |
| Sep 30, 2024 | 3.64% |
| Jun 30, 2024 | 5.42% |
| Mar 31, 2024 | 6.08% |
| Dec 31, 2023 | 4.99% |
| Sep 30, 2023 | 5.66% |
| Jun 30, 2023 | 5.37% |
| Mar 31, 2023 | 6.84% |
| Dec 31, 2022 | 1.59% |
| Sep 30, 2022 | 6.43% |
| Jun 30, 2022 | 4.50% |
| Mar 31, 2022 | 2.89% |
| Dec 31, 2021 | 11.82% |
| Sep 30, 2021 | 13.74% |
| Jun 30, 2021 | 14.56% |