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 384.70 Bn 354.90 Bn 38.23 Bn 5.80%
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 8.75%
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 3.52%
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 18.97%
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 3.03%
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 3.45%
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 0.55%
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 14.61%
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 0.92%
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 7.36%

Historic Data

Download Data
DateValue
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%