Progyny, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue $48.6m $105.4m $229.7m $344.9m $500.6m $786.9m $1.1b $1.2b $1.3b
Gross profit $7.4m $19.4m $45.5m $70.1m $112.1m $167.3m $238.8m $253.4m $304.5m
Total operating expenses $18.4m $22.9m $35.8m $61.7m $79.8m $144.0m $176.6m $185.9m $219.2m
Income from operations ($11.0m) ($3.5m) $9.7m $8.3m $32.3m $23.3m $62.2m $67.5m $85.3m
Sales and marketing $4.3m $7.3m $11.9m $15.0m $20.2m $45.7m $59.5m $63.9m $72.1m
General and administrative $14.1m $15.6m $23.9m $46.7m $59.6m $98.3m $117.1m $122.0m $147.1m
Interest and other income, net $210k ($366k) $286k $5.2m $15.7m $10.2m
Provision for income taxes $3k $1.8m ($12k) $37.8m $33.3m $5.9m $8.7m $28.9m $36.9m
Income before income taxes ($6.9m) ($8.6m) $8.7m $32.4m $24.4m $70.7m $83.2m $95.4m
Net income ($12.5m) $661k ($8.6m) $46.5m $65.8m $30.4m $62.0m $54.3m $58.5m
Basic (in dollars per share) ($2.37) $0.12 ($0.41) $0.54 $0.74 $0.33 $0.65 $0.59 $0.68
Diluted (in dollars per share) ($2.37) $0.12 ($0.41) $0.47 $0.66 $0.30 $0.62 $0.57 $0.65
Cost of services $41.2m $86.0m $184.2m $274.8m $388.5m $619.6m $849.8m $913.9m $984.2m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.