---
schema_version: "secwatch.filing_event.v1"
accession: "0001551306-22-000028"
form_type: "8-K"
ticker: "PGNY"
cik: "0001551306"
company_name: "Progyny, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:58:32.600504+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Progyny Q3 revenue $205.4M (+68% YoY); raises FY2022 revenue guidance to $775-785M

## Summary
- Revenue $205.4M (+68% YoY); net income $13.2M ($0.13 EPS) vs $16.8M ($0.17) year ago.
- Adjusted EBITDA $35.0M (+112% YoY); margin 17.0% vs 13.5%.
- Record 105 new client commitments in selling season; near 100% retention; anticipates 370 clients and 5.4M covered lives by 2023.
- Raises full-year 2022 revenue guidance to $775-785M (55-57% growth); Q4 revenue guided $202.4-212.4M.

## SEC filing metadata
- accession: 0001551306-22-000028
- form_type: 8-K
- ticker: PGNY
- cik: 0001551306
- company_name: Progyny, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551306/000155130622000028/0001551306-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551306/000155130622000028/pgny-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001551306-22-000028
- JSON: https://secwatch.observer/filing/0001551306-22-000028.json
- Plain text: https://secwatch.observer/filing/0001551306-22-000028.txt

## Key facts
- Earnings Releases
  Progyny, Inc. reported the three-month period ended September 30, 2022 results: revenue $205,371, net income $13,211, EPS $0.13. Guidance raised.
  - Period: the three-month period ended September 30, 2022
  - Revenue: $205,371
  - Net income: $13,211
  - EPS: $0.13
  - Guidance: raised
  - Result: reported results
  source text: said Mark Livingston, Progyny’s Chief Financial Officer. Third Quarter 2022 Highlights: (unaudited; in thousands, except per share amounts) 3Q 2022 3Q 2021 Revenue $205,371 $122,284 Gross Profit $45,995 $28,492 Gross Margin 22.4% 23.3% Net Income $13,211 $16,796 Net Income per Diluted Share 1 $0.13 $0.17 Adjusted EBITDA 2 $34,957 $16,479 Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551306/000155130622000028/0001551306-22-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.