Progyny PGNY
NASDAQ PGNY
$27.08 -0.04 (-0.15%)
As of: Sep 10, 2026 · 3:59 PM EDT

Progyny (PGNY) Research & Development (2018 - 2026)

Progyny's (PGNY) quarterly Research & Development came in at $18.1 million in Q2 2026, down 1.8% year-over-year from $18.4 million in Q2 2025, and up 7.05% quarter-over-quarter from $16.9 million in Q1 2026.

Analysis

Progyny (PGNY) Research & Development (2018 - 2026) Analysis & Trends

Progyny (PGNY) has reported Research & Development for 9 consecutive years, with $18.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 1.8% year-over-year to $18.1 million in Q2 2026; TTM through Jun 2026 was $70.9 million, a 3.83% increase from a year earlier, with the FY2025 full-year figure at $72.1 million, up 12.77% from the prior year.
  • Research & Development was $18.1 million for Q2 2026 at Progyny, up from $16.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $18.4 million in Q2 2025 and troughed at $10.0 million in Q1 2022.
  • A 5-year average of $15.3 million and a median of $15.5 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 185.4% in 2022 and decreased 5.07% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $13.0 million in 2022, then gained by 14.88% to $14.9 million in 2023, then rose by 4.73% to $15.6 million in 2024, then gained by 15.18% to $18.0 million in 2025, then climbed by 0.48% to $18.1 million in 2026.
  • The last three Research & Development figures came in at $18.1 million (Q2 2026), $16.9 million (Q1 2026), and $18.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Davita 11.74 Bn 11.05 Bn 1.16 Bn -
2 RadNet 5.78 Bn 5.06 Bn 88.08 Mn -
3 Fresenius Medical Care AG 4.79 Bn 4.09 Bn 1.52 Bn 46.06 Mn
4 Concentra Group Holdings Parent 4.28 Bn 4.12 Bn 192.10 Mn -
5 Privia Health 2.57 Bn 2.16 Bn - 8.00 Mn
6 Progyny 2.12 Bn 1.88 Bn 89.30 Mn 18.07 Mn
7 Pediatrix Medical 2.12 Bn 1.71 Bn - -
8 Surgery Partners 1.82 Bn 1.60 Bn 622.10 Mn -
9 U S Physical Therapy 1.17 Bn 1.15 Bn 41.94 Mn -
10 Evolent Health 468.74 Mn 327.27 Mn 80.84 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.07 Mn
Mar 31, 2026 16.88 Mn
Dec 31, 2025 17.99 Mn
Sep 30, 2025 17.94 Mn
Jun 30, 2025 18.41 Mn
Mar 31, 2025 17.79 Mn
Dec 31, 2024 15.62 Mn
Sep 30, 2024 16.46 Mn
Jun 30, 2024 16.42 Mn
Mar 31, 2024 15.45 Mn
Dec 31, 2023 14.91 Mn
Sep 30, 2023 14.91 Mn
Jun 30, 2023 15.38 Mn
Mar 31, 2023 14.28 Mn
Dec 31, 2022 12.98 Mn
Sep 30, 2022 11.17 Mn
Jun 30, 2022 11.50 Mn
Mar 31, 2022 10.02 Mn
Dec 31, 2021 7.70 Mn
Sep 30, 2021 4.44 Mn