Growth Metrics

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% on a QoQ basis from $61.7 million in Q4 2025.

Progyny (PGNY) has 9 years of Operating Expenses data on file, last reported at $47.7 million in Q1 2026.

  • Quarterly Operating Expenses fell 7.62% year-over-year to $47.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $215.3 million (up 11.17% YoY) and the FY2025 annual result came in at $219.2 million, up 17.91% from the prior year.
  • Operating Expenses declined 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.
  • The 5-year median for Operating Expenses is $45.5 million (2023), against an average of $45.5 million.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 95.1%; it then slipped 7.62% in 2026.
  • Tracing PGNY's Operating Expenses over 5 years: stood at $41.2 million in 2022, then increased by 4.63% to $43.1 million in 2023, then advanced by 10.56% to $47.6 million in 2024, then increased by 29.41% to $61.7 million in 2025, then fell by 22.65% to $47.7 million in 2026.
  • Per Business Quant, the three latest PGNY Operating Expenses figures stand at $47.7 million (Q1 2026), $61.7 million (Q4 2025), and $51.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 102.73 Bn
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 95.75 Bn
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 47.88 Bn
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 66.14 Bn
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 37.89 Bn
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 48.08 Bn
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 10.71 Bn
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 3.94 Bn
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.22 Bn
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn 47.69 Mn

Historic Data

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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
Mar 31, 2021 17.10 Mn
Dec 31, 2020 19.51 Mn
Sep 30, 2020 16.01 Mn
Jun 30, 2020 13.03 Mn
Mar 31, 2020 13.17 Mn
Dec 31, 2019 10.63 Mn
Sep 30, 2019 9.25 Mn
Jun 30, 2019 9.10 Mn
Mar 31, 2019 6.85 Mn
Dec 31, 2018 6.12 Mn
Sep 30, 2018 5.63 Mn
Jun 30, 2018 5.36 Mn
Mar 31, 2018 5.78 Mn