Progyny (PGNY) Operating Expenses (2018 - 2026)
Progyny's (PGNY) quarterly Operating Expenses came in at $49.3 million in Q2 2026, down 9.74% year-over-year from $54.6 million in Q2 2025, and up 3.37% quarter-over-quarter from $47.7 million in Q1 2026.
Analysis
Progyny (PGNY) Operating Expenses (2018 - 2026) Analysis & Trends
Progyny (PGNY) has reported Operating Expenses for 9 consecutive years, with $49.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 9.74% year-over-year to $49.3 million in Q2 2026; TTM through Jun 2026 was $210.0 million, a 4.63% increase from a year earlier, with the FY2025 full-year figure at $219.2 million, up 17.91% from the prior year.
- Operating Expenses was $49.3 million for Q2 2026 at Progyny, up from $47.7 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 $45.7 million and a median of $46.1 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 95.1% in 2022 and slipped 9.74% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $41.2 million in 2022, then rose by 4.63% to $43.1 million in 2023, then climbed by 10.56% to $47.6 million in 2024, then rose by 29.41% to $61.7 million in 2025, then retreated by 20.05% to $49.3 million in 2026.
- The last three Operating Expenses figures came in at $49.3 million (Q2 2026), $47.7 million (Q1 2026), and $61.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.76 Bn | 12.64 Bn | 1.16 Bn | 2.98 Bn |
| 2 | RadNet | 5.80 Bn | 5.37 Bn | 88.08 Mn | 583.25 Mn |
| 3 | Fresenius Medical Care AG | 4.79 Bn | 4.09 Bn | 1.52 Bn | 901.58 Mn |
| 4 | Concentra Group Holdings Parent | 4.40 Bn | 4.26 Bn | 192.10 Mn | 490.51 Mn |
| 5 | Privia Health | 2.61 Bn | 2.25 Bn | - | 620.86 Mn |
| 6 | Pediatrix Medical | 2.20 Bn | 1.79 Bn | - | 430.86 Mn |
| 7 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 49.30 Mn |
| 8 | Surgery Partners | 1.87 Bn | 3.08 Bn | 622.10 Mn | 746.80 Mn |
| 9 | U S Physical Therapy | 1.18 Bn | 1.47 Bn | 41.94 Mn | 172.12 Mn |
| 10 | Evolent Health | 488.42 Mn | 346.95 Mn | 80.84 Mn | 662.08 Mn |
Historic Data
Download Data
Historic 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 |