← Progyny, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $127k | $80.4m | $70.3m | $91.4m | $120.1m | $97.3m | $162.3m | $112.2m | |
| Accounts receivable, net of $55,659 and $56,355 of allowances at December 31, 2025 and 2024, respectively | $23.3m | $47.1m | $75.7m | $134.6m | $240.1m | $241.9m | $235.3m | $220.3m | |
| Prepaid expenses and other current assets | $885k | $5.0m | $5.3m | $4.6m | $4.5m | $27.5m | $9.4m | $21.4m | |
| Total current assets | $24.5m | $132.4m | $190.2m | $258.5m | $433.9m | $640.4m | $472.7m | $551.8m | |
| Property and equipment, net | $776k | $3.1m | $3.4m | $5.0m | $8.4m | $10.2m | $12.4m | $29.9m | |
| Goodwill | $11.9m | $11.9m | $11.9m | $11.9m | $11.9m | $11.9m | $15.5m | $20.0m | |
| Intangible assets, net | $3.9m | $2.4m | $1.2m | $599k | $99k | $0 | $1.3m | $6.2m | |
| Operating lease right-of-use assets | — | — | $8.7m | $7.8m | $6.9m | $17.6m | $17.3m | $25.0m | |
| Other noncurrent assets | $272k | $652k | $573k | $2.9m | $4.0m | $3.4m | $3.0m | $16.5m | |
| Marketable securities | — | — | $39.0m | $28.0m | $69.2m | $273.8m | $65.6m | $197.9m | |
| Deferred tax assets, net | — | — | $38.0m | $71.3m | $77.9m | $73.1m | $84.9m | $93.0m | |
| Accrued expenses and other current liabilities | $9.8m | $16.8m | $34.3m | $37.4m | $50.2m | $60.5m | $73.5m | $78.3m | |
| Operating lease noncurrent liabilities | — | — | $8.3m | $7.4m | $6.5m | $17.2m | $16.4m | $24.0m | |
| Accumulated earnings | ($104.9m) | ($113.5m) | ($68.2m) | ($2.4m) | $27.9m | $90.0m | $144.3m | $202.8m | |
| Total stockholders’ equity | ($95.1m) | $114.3m | $166.9m | $251.8m | $377.0m | $553.4m | $422.1m | $516.0m | |
| Total assets | $41.3m | $150.4m | $253.9m | $358.1m | $543.0m | $756.6m | $607.1m | $742.4m | |
| Total liabilities and stockholders’ equity | $41.3m | $150.4m | $253.9m | $358.1m | $543.0m | $756.6m | $607.1m | $742.4m | |
| Accounts payable | $15.6m | $19.4m | $43.5m | $61.4m | $109.3m | $125.4m | $95.1m | $124.1m | |
| Total current liabilities | $30.2m | $36.2m | $77.8m | $98.8m | $159.5m | $185.9m | $168.6m | $202.4m | |
| Total liabilities | $30.2m | $36.2m | $87.0m | $106.2m | $166.0m | $203.2m | $185.0m | $226.4m | |
| Common stock, $0.0001 par value; 1,000,000,000 shares authorized; at December 31, 2025 and 2024, respectively; 99,049,485 and 97,692,891 shares issued; 83,365,696 and 85,310,698 outstanding at December 31, 2025 and 2024, respectively | 1k | 8k | 9k | 9k | 9k | 9k | 9k | 9k | |
| Additional paid-in capital | $10.6m | $228.8m | $236.1m | $255.3m | $349.5m | $461.6m | $581.6m | $700.8m | |
| Treasury stock, at cost, $0.0001 par value; 16,299,769 and 12,998,173 shares at December 31, 2025 and 2024, respectively | ($884k) | ($1.0m) | ($1.0m) | ($1.0m) | ($1.0m) | ($1.0m) | ($303.9m) | ($388.1m) | |
| Accumulated other comprehensive income | — | — | $1k | ($93k) | $501k | $2.8m | $39k | $498k |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.