Progyny (PGNY) Tax Rate (2019 - 2026)
Progyny (PGNY) recorded Tax Rate of 31.81% in Q2 2026, down 4.99 percentage points from 36.80% a year earlier and down 2.62 percentage points from the prior quarter.
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Analysis
Progyny (PGNY) Tax Rate (2019 - 2026) Analysis & Trends
On a TTM basis, Progyny's Tax Rate came in at 34.42% as of Jun 30, 2026, down 6.07 percentage points year-over-year; for FY2025, it was 38.68%, up 3.98 percentage points from FY2024.
- Annual Tax Rate has increased for five straight years, with a five-year change of +474.21 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 34.69% in FY2024 (+22.45 pp), 12.24% in FY2023 (+36.45 pp), -24.21% in FY2022 (+78.56 pp) and -102.77% in FY2021 (+332.76 pp).
- Quarterly Tax Rate has ranged from -84.23% in Q3 2021 to 3888.94% in Q4 2021 over the past five years.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of +4.76 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 7111.39 percentage points in Q4 2021, against a drop of 3871.24 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 34.43% (Q1 2026), 30.07% (Q4 2025) and 42.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 22.61% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 22.59% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 22.01% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 3.51% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 20.49% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 21.10% |
| 10 | Progyny | 1.98 Bn | 857.66 Mn | 89.30 Mn | 31.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.81% |
| Mar 31, 2026 | 34.43% |
| Dec 31, 2025 | 30.07% |
| Sep 30, 2025 | 42.15% |
| Jun 30, 2025 | 36.80% |
| Mar 31, 2025 | 43.34% |
| Dec 31, 2024 | 40.36% |
| Sep 30, 2024 | 41.98% |
| Jun 30, 2024 | 34.24% |
| Mar 31, 2024 | 24.95% |
| Dec 31, 2023 | 17.17% |
| Sep 30, 2023 | 24.05% |
| Jun 30, 2023 | 12.68% |
| Dec 31, 2022 | 17.70% |
| Jun 30, 2022 | 1.52% |
| Mar 31, 2020 | 3.10% |
| Jun 30, 2019 | 4.04% |
API Access
Progyny Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PGNY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PGNY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PGNY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();