PGNY: Progyny Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Progyny Inc (PGNY).

OverviewDividends

$1.47B Market Cap.

As of 05/09/2025 5:00 PM ET (MRY) • Disclaimer

PGNY Market Cap. (MRY)


PGNY Shares Outstanding (MRY)


PGNY Assets (MRY)


Total Assets

$607.10M

Total Liabilities

$185.04M

Total Investments

$65.64M

PGNY Income (MRY)


Revenue

$1.17B

Net Income

$54.34M

Operating Expense

$185.91M

PGNY Cash Flow (MRY)


CF Operations

$179.10M

CF Investing

$195.79M

CF Financing

-$309.88M

PGNY Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$607,102,000 (-19.76%)

$756,620,000 (39.34%)

$542,986,000 (51.64%)

$358,065,000 (41.01%)

Assets Current

$472,721,000 (-26.18%)

$640,407,000 (47.61%)

$433,856,000 (67.81%)

$258,539,000 (35.91%)

Assets Non-Current

$134,381,000 (15.63%)

$116,213,000 (6.49%)

$109,130,000 (9.65%)

$99,526,000 (56.23%)

Goodwill & Intangible Assets

$16,837,000 (41.73%)

$11,880,000 (-0.83%)

$11,979,000 (-4.01%)

$12,479,000 (-4.69%)

Shareholders Equity

$422,062,000 (-23.74%)

$553,429,000 (46.81%)

$376,968,000 (49.70%)

$251,822,000 (50.84%)

Property Plant & Equipment Net

$29,634,000 (6.53%)

$27,818,000 (82.13%)

$15,274,000 (19.03%)

$12,832,000 (6.33%)

Cash & Equivalents

$162,314,000 (66.82%)

$97,296,000 (-18.97%)

$120,078,000 (31.36%)

$91,413,000 (30.02%)

Accumulated Other Comprehensive Income

$39,000 (-98.62%)

$2,819,000 (462.67%)

$501,000 (638.71%)

-$93,000 (-9400.00%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$65,640,000 (-76.03%)

$273,791,000 (295.53%)

$69,222,000 (147.18%)

$28,005,000 (-28.18%)

Investments Current

$65,640,000 (-76.03%)

$273,791,000 (295.53%)

$69,222,000 (147.18%)

$28,005,000 (-28.18%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$235,324,000 (-2.71%)

$241,869,000 (0.75%)

$240,067,000 (78.41%)

$134,557,000 (77.83%)

Trade & Non-Trade Payables

$95,097,000 (-24.18%)

$125,426,000 (14.77%)

$109,287,000 (77.99%)

$61,399,000 (41.10%)

Accumulated Retained Earnings (Deficit)

$144,307,000 (60.39%)

$89,971,000 (222.08%)

$27,934,000 (1252.39%)

-$2,424,000 (96.45%)

Tax Assets

$84,933,000 (16.16%)

$73,120,000 (-6.12%)

$77,889,000 (9.28%)

$71,274,000 (87.71%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$16,413,000 (-4.80%)

$17,241,000 (165.98%)

$6,482,000 (-12.63%)

$7,419,000 (-10.81%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$16,413,000 (-4.80%)

$17,241,000 (165.98%)

$6,482,000 (-12.63%)

$7,419,000 (-10.81%)

Total Liabilities

$185,040,000 (-8.93%)

$203,191,000 (22.39%)

$166,018,000 (56.26%)

$106,243,000 (22.15%)

Liabilities Current

$168,627,000 (-9.32%)

$185,950,000 (16.56%)

$159,536,000 (61.43%)

$98,824,000 (27.05%)

Liabilities Non-Current

$16,413,000 (-4.80%)

$17,241,000 (165.98%)

$6,482,000 (-12.63%)

$7,419,000 (-19.31%)

PGNY Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$1,167,221,000 (7.22%)

$1,088,598,000 (38.34%)

$786,913,000 (57.19%)

$500,621,000 (45.17%)

Cost of Revenue

$913,858,000 (7.54%)

$849,799,000 (37.16%)

$619,588,000 (59.49%)

$388,486,000 (41.37%)

Selling General & Administrative Expense

$185,908,000 (5.26%)

$176,615,000 (22.66%)

$143,984,000 (80.44%)

$79,795,000 (29.30%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$185,908,000 (5.26%)

$176,615,000 (22.66%)

$143,984,000 (80.44%)

$79,795,000 (29.30%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

-$461,000 (-280.99%)

Income Tax Expense

$28,866,000 (233.56%)

$8,654,000 (246.26%)

-$5,917,000 (82.25%)

-$33,334,000 (11.77%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$54,336,000 (-12.41%)

$62,037,000 (104.35%)

$30,358,000 (-53.84%)

$65,769,000 (41.56%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$54,336,000 (-12.41%)

$62,037,000 (104.35%)

$30,358,000 (-53.84%)

$65,769,000 (41.56%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$54,336,000 (-12.41%)

$62,037,000 (104.35%)

$30,358,000 (-53.84%)

$65,769,000 (41.56%)

Weighted Average Shares

$91,481,995 (-3.72%)

$95,021,175 (3.07%)

$92,195,068 (3.47%)

$89,105,562 (3.95%)

Weighted Average Shares Diluted

$95,448,357 (-5.19%)

$100,672,399 (0.72%)

$99,957,173 (-0.40%)

$100,358,047 (1.31%)

Earning Before Interest & Taxes (EBIT)

$83,202,000 (17.70%)

$70,691,000 (189.23%)

$24,441,000 (-23.56%)

$31,974,000 (273.62%)

Gross Profit

$253,363,000 (6.10%)

$238,799,000 (42.72%)

$167,325,000 (49.22%)

$112,135,000 (60.06%)

Operating Income

$67,455,000 (8.48%)

$62,184,000 (166.42%)

$23,341,000 (-27.83%)

$32,340,000 (287.40%)

PGNY Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$195,792,000 (197.64%)

-$200,525,000 (-357.13%)

-$43,866,000 (-600.41%)

$8,766,000 (121.90%)

Net Cash Flow from Financing

-$309,880,000 (-2698.77%)

-$11,072,000 (-40.79%)

-$7,864,000 (42.58%)

-$13,695,000 (-119.16%)

Net Cash Flow from Operations

$179,105,000 (-5.14%)

$188,814,000 (134.86%)

$80,395,000 (208.77%)

$26,037,000 (-28.08%)

Net Cash Flow / Change in Cash & Cash Equivalents

$65,018,000 (385.39%)

-$22,782,000 (-179.48%)

$28,665,000 (35.80%)

$21,108,000 (309.47%)

Net Cash Flow - Business Acquisitions and Disposals

-$5,304,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$206,501,000 (204.89%)

-$196,881,000 (-384.63%)

-$40,625,000 (-472.88%)

$10,895,000 (127.94%)

Capital Expenditure

-$5,405,000 (-48.33%)

-$3,644,000 (-12.43%)

-$3,241,000 (-52.23%)

-$2,129,000 (-105.30%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

-$297,879,000 (-4960.95%)

$6,128,000 (45.04%)

$4,225,000 (-1.08%)

$4,271,000 (59.31%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$1,000 (0.00%)

$1,000 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$128,130,000 (4.50%)

$122,611,000 (21.70%)

$100,748,000 (198.90%)

$33,706,000 (162.90%)

Depreciation Amortization & Accretion

$3,175,000 (39.19%)

$2,281,000 (42.47%)

$1,601,000 (23.06%)

$1,301,000 (-31.74%)

PGNY Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

21.70% (-0.91%)

21.90% (2.82%)

21.30% (-4.91%)

22.40% (10.34%)

Profit Margin

4.70% (-17.54%)

5.70% (46.15%)

3.90% (-70.23%)

13.10% (-2.96%)

EBITDA Margin

7.40% (10.45%)

6.70% (103.03%)

3.30% (-50.00%)

6.60% (120.00%)

Return on Average Equity (ROAE)

11.50% (-8.73%)

12.60% (36.96%)

9.20% (-69.74%)

30.40% (-12.39%)

Return on Average Assets (ROAA)

7.90% (-10.23%)

8.80% (39.68%)

6.30% (-68.81%)

20.20% (-11.40%)

Return on Sales (ROS)

7.10% (9.23%)

6.50% (109.68%)

3.10% (-51.56%)

6.40% (156.00%)

Return on Invested Capital (ROIC)

22.30% (16.75%)

19.10% (101.05%)

9.50% (-54.11%)

20.70% (41.78%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

29.24 (-48.89%)

57.2 (-39.40%)

94.39 (38.73%)

68.04 (-13.32%)

Price to Sales Ratio (P/S)

1.35 (-58.34%)

3.25 (-11.10%)

3.65 (-59.27%)

8.96 (-14.95%)

Price to Book Ratio (P/B)

3.48 (-45.95%)

6.44 (-16.12%)

7.67 (-57.55%)

18.08 (-17.80%)

Debt to Equity Ratio (D/E)

0.44 (19.35%)

0.37 (-16.59%)

0.44 (4.27%)

0.42 (-19.00%)

Earnings Per Share (EPS)

0.59 (-9.23%)

0.65 (96.97%)

0.33 (-55.41%)

0.74 (37.04%)

Sales Per Share (SPS)

12.76 (11.37%)

11.46 (34.22%)

8.54 (51.92%)

5.62 (39.65%)

Free Cash Flow Per Share (FCFPS)

1.9 (-2.57%)

1.95 (132.86%)

0.84 (212.31%)

0.27 (-34.63%)

Book Value Per Share (BVPS)

4.61 (-20.78%)

5.82 (42.43%)

4.09 (44.69%)

2.83 (45.07%)

Tangible Assets Book Value Per Share (TABVPS)

6.45 (-17.68%)

7.84 (36.08%)

5.76 (48.53%)

3.88 (38.06%)

Enterprise Value Over EBIT (EV/EBIT)

17 (-64.58%)

48 (-58.62%)

116 (-17.14%)

140 (-66.90%)

Enterprise Value Over EBITDA (EV/EBITDA)

16.14 (-65.59%)

46.91 (-56.80%)

108.58 (-19.15%)

134.29 (-61.16%)

Asset Turnover

1.69 (9.37%)

1.55 (-5.03%)

1.63 (5.85%)

1.54 (-9.20%)

Current Ratio

2.8 (-18.61%)

3.44 (26.66%)

2.72 (3.94%)

2.62 (6.99%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$173,700,000 (-6.19%)

$185,170,000 (140.00%)

$77,154,000 (222.71%)

$23,908,000 (-32.01%)

Enterprise Value (EV)

$1,394,038,856 (-59.27%)

$3,422,815,957 (21.05%)

$2,827,512,988 (-36.72%)

$4,468,588,454 (23.50%)

Earnings Before Tax (EBT)

$83,202,000 (17.70%)

$70,691,000 (189.23%)

$24,441,000 (-24.65%)

$32,435,000 (273.72%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$86,377,000 (18.37%)

$72,972,000 (180.21%)

$26,042,000 (-21.74%)

$33,275,000 (218.00%)

Invested Capital

$275,737,000 (-42.40%)

$478,735,000 (85.65%)

$257,875,000 (58.43%)

$162,768,000 (61.06%)

Working Capital

$304,094,000 (-33.09%)

$454,457,000 (65.67%)

$274,320,000 (71.76%)

$159,715,000 (42.05%)

Tangible Asset Value

$590,265,000 (-20.74%)

$744,740,000 (40.25%)

$531,007,000 (53.65%)

$345,586,000 (43.50%)

Market Capitalization

$1,468,893,856 (-58.78%)

$3,563,190,957 (23.15%)

$2,893,312,988 (-36.45%)

$4,553,165,454 (23.98%)

Average Equity

$471,183,750 (-3.97%)

$490,680,500 (49.32%)

$328,616,750 (51.94%)

$216,273,500 (61.74%)

Average Assets

$690,002,500 (-1.93%)

$703,598,250 (45.69%)

$482,957,750 (48.44%)

$325,352,500 (59.94%)

Invested Capital Average

$372,935,500 (1.00%)

$369,252,750 (42.80%)

$258,586,750 (67.78%)

$154,121,750 (163.42%)

Shares

85,153,267 (-11.15%)

95,836,228 (3.18%)

92,883,242 (2.71%)

90,430,297 (4.38%)