Progyny (PGNY) Net Margin (2018 - 2026)
Progyny's (PGNY) quarterly Net Margin came in at 8.0% in Q2 2026, up 286.0% year-over-year from 2.07% in Q2 2025, and up 8.72% quarter-over-quarter from 7.36% in Q1 2026.
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Progyny (PGNY) Net Margin (2018 - 2026) Analysis & Trends
Progyny (PGNY) has reported Net Margin for 9 consecutive years, with 8.0% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 286.0% year-over-year to 8.0% in Q2 2026; TTM through Jun 2026 was 6.0%, a 172.0% increase from a year earlier, with the FY2025 full-year figure at 4.54%, down 11.0% from the prior year.
- Net Margin was 8.0% for Q2 2026 at Progyny, up from 7.36% in the prior quarter.
- Over five years, Net Margin peaked at 8.0% in Q2 2026 and troughed at 1.59% in Q4 2022.
- A 5-year average of 5.02% and a median of 5.07% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 1023 bps in 2022 and surged 396 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 1.59% in 2022, then jumped by 214 bps to 4.99% in 2023, then declined by 29 bps to 3.53% in 2024, then climbed by 11 bps to 3.92% in 2025, then soared by 104 bps to 8.0% in 2026.
- The last three Net Margin figures came in at 8.0% (Q2 2026), 7.36% (Q1 2026), and 3.92% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.90 Bn | 11.21 Bn | 1.16 Bn | 9.66% |
| 2 | RadNet | 5.52 Bn | 4.79 Bn | 88.08 Mn | 3.25% |
| 3 | Fresenius Medical Care AG | 4.79 Bn | 4.09 Bn | 1.52 Bn | 4.49% |
| 4 | Concentra Group Holdings Parent | 4.28 Bn | 4.12 Bn | 192.10 Mn | 11.10% |
| 5 | Privia Health | 2.57 Bn | 2.16 Bn | - | 1.54% |
| 6 | Pediatrix Medical | 2.15 Bn | 1.74 Bn | - | 8.17% |
| 7 | Progyny | 2.12 Bn | 1.89 Bn | 89.30 Mn | 8.00% |
| 8 | Surgery Partners | 1.82 Bn | 1.61 Bn | 622.10 Mn | 3.50% |
| 9 | U S Physical Therapy | 1.17 Bn | 1.14 Bn | 41.94 Mn | 6.96% |
| 10 | Evolent Health | 468.17 Mn | 326.71 Mn | 80.84 Mn | -4.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.00% |
| Mar 31, 2026 | 7.36% |
| Dec 31, 2025 | 3.92% |
| Sep 30, 2025 | 4.42% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 4.64% |
| 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% |