Progyny (PGNY) Operating Expenses (2018 - 2026)
Progyny (PGNY) posted quarterly 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 reported Operating Expenses for 9 consecutive years, with $47.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 7.62% year-over-year to $47.7 million; the TTM figure through Mar 2026 stood at $215.3 million (up 11.17% YoY), while the FY2025 annual figure was $219.2 million, up 17.91% from the prior year.
- Operating Expenses retreated to $47.7 million in Q1 2026 per PGNY's latest filing, from $61.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $61.7 million in Q4 2025 and bottomed at $33.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $45.5 million across 5 years, with a median of $45.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 95.1% — and 2026, when it declined 7.62%.
- Progyny's Operating Expenses stood at $41.2 million in 2022, then advanced by 4.63% to $43.1 million in 2023, then increased by 10.56% to $47.6 million in 2024, then advanced by 29.41% to $61.7 million in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 48.54 Bn |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 39.51 Bn |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 52.38 Bn |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 10.73 Bn |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 4.49 Bn |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 1.29 Bn |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 715.17 Mn |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 49.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.30 Mn |
| 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 |