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| 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 |