PROGYNY INC (PGNY)
Health Care · women's health and fertility benefits management · NASDAQ
Progyny is a benefits platform that delivers superior fertility and women's health outcomes for employers through proprietary Smart Cycle treatment bundles, a selective specialist network, and integrated pharmacy services.
What PROGYNY INC does
Progyny is a global women's health and family building benefits platform that provides fertility, pregnancy, postpartum, menopause, and related health solutions to employers. The company operates through a differentiated Smart Cycle benefits plan design paired with a selective network of high-quality fertility specialists, member care advocacy, and an integrated pharmacy benefits solution (Progyny Rx). With over 590 employer clients covering approximately 7.2 million employees and dependents, Progyny delivers superior clinical outcomes and member satisfaction through data-driven active network management and comprehensive member support.
Themes: ["women's health and fertility benefits","family building / family formation","IVF and assisted reproductive technology","employee benefits and wellness","clinical outcomes optimization","pharmacy benefits management / reproductive health PBM","benefit plan design / benefits administration","employer benefits platform"]
Fundamentals
- Price$31.07 as of 2026-07-09 close
- Market cap$2.4B as of 2026-07-10
- 1-year return+26.7% as of 2026-07-09 close
- P/E35.62 as of 2026-07-10
- Net margin+5.2% as of 2026-07-10
- Gross margin+24.1% as of 2026-07-10
- ROE+13.3% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+6.6% as of 2026-07-10
- Revenue CAGR (3y)+17.9% SEC XBRL
- Beta1.02 as of 2026-07-10
Key risks (from latest filing)
["Failure to meet publicly announced guidance could cause stock price decline; actual results depend on difficult-to-predict factors including macroeconomic conditions, medication shortages, and utilization trends","Highly competitive market with larger, more established competitors that have greater financial and marketing resources; risk of emerging fertility-focused PBMs and competitors developing similarly robust data-driven platforms","Reliance on retention of existing clients and continued member satisfaction; loss of major clients or decline in member satisfaction could adversely impact business performance"]
Competitors & peers
- UnitedHealth Group (UNH)
- Cigna (CI)
- Aetna
- Fertility-focused benefits vendors in the market
- Maternity and reproductive health service providers
- Venture capital or private equity-backed fertility benefits companies
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.