Progyny (PGNY) Operating Expenses (2018 - 2026)

Progyny's (PGNY) quarterly Operating Expenses came in at $47.7 million in Q1 2026, down 7.62% year-on-year from $51.6 million in Q1 2025, and down 22.65% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses fell 7.62% year-over-year to $47.7 million in Q1 2026; TTM through Mar 2026 was $215.3 million, a 11.17% increase from a year earlier, with the FY2025 full-year figure at $219.2 million, up 17.91% from the prior year.
  • Operating Expenses for Q1 2026 stood at $47.7 million, down from $61.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for PGNY reached as high as $61.7 million in Q4 2025 and fell as low as $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.
  • Across the five-year window, Operating Expenses jumped 95.1% in 2022 and slipped 7.62% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $41.2 million in 2022, then grew by 4.63% to $43.1 million in 2023, then gained by 10.56% to $47.6 million in 2024, then grew by 29.41% to $61.7 million in 2025, then declined by 22.65% to $47.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 384.70 Bn 354.90 Bn 38.23 Bn 102.73 Bn
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 95.75 Bn
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 48.54 Bn
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 66.14 Bn
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 37.89 Bn
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 48.08 Bn
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 10.73 Bn
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 3.94 Bn
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 1.22 Bn
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 47.69 Mn

Historic Data

Download Data
DateValue
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