Progyny (PGNY) Operating Expenses (2018 - 2026)
Progyny (PGNY) reported Operating Expenses of $47.7 million for Q1 2026, down 7.62% year-over-year from $51.6 million in Q1 2025, and down 22.65% quarter-over-quarter from $61.7 million in Q4 2025.
Progyny (PGNY) Operating Expenses (2018 - 2026) Analysis & Trends
Progyny (PGNY) has 9 years of Operating Expenses data on file, last reported at $47.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $47.7 million, down 7.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $215.3 million (up 11.17% YoY), and the FY2025 annual result was $219.2 million, up 17.91% from the prior year.
- Operating Expenses eased to $47.7 million in Q1 2026 per PGNY's latest filing, from $61.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $61.7 million in Q4 2025 and troughed at $33.0 million in Q1 2022.
- A 5-year average of $45.5 million and a median of $45.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 95.1% in 2022, then declined 7.62% in 2026.
- A 5-year view of Operating Expenses shows it stood at $41.2 million in 2022, then gained by 4.63% to $43.1 million in 2023, then grew by 10.56% to $47.6 million in 2024, then gained by 29.41% to $61.7 million in 2025, then decreased by 22.65% to $47.7 million in 2026.
- Business Quant data shows PGNY's Operating Expenses at $47.7 million in Q1 2026, $61.7 million in Q4 2025, and $51.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 102.73 Bn |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 95.75 Bn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 47.88 Bn |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 66.14 Bn |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 37.89 Bn |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 48.08 Bn |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 10.71 Bn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 3.94 Bn |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.22 Bn |
| 10 | Progyny | 2.10 Bn | 1.88 Bn | 83.07 Mn | 47.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.69 Mn |
| Dec 31, 2025 | 61.66 Mn |
| Sep 30, 2025 | 51.31 Mn |
| Jun 30, 2025 | 54.62 Mn |
| Mar 31, 2025 | 51.63 Mn |
| Dec 31, 2024 | 47.65 Mn |
| Sep 30, 2024 | 46.79 Mn |
| Jun 30, 2024 | 47.59 Mn |
| Mar 31, 2024 | 43.88 Mn |
| Dec 31, 2023 | 43.09 Mn |
| Sep 30, 2023 | 44.44 Mn |
| Jun 30, 2023 | 45.46 Mn |
| Mar 31, 2023 | 43.63 Mn |
| Dec 31, 2022 | 41.19 Mn |
| Sep 30, 2022 | 34.74 Mn |
| Jun 30, 2022 | 35.05 Mn |
| Mar 31, 2022 | 33.01 Mn |
| Dec 31, 2021 | 25.30 Mn |
| Sep 30, 2021 | 19.43 Mn |
| Jun 30, 2021 | 17.97 Mn |