---
schema_version: "secwatch.filing_event.v1"
accession: "0001551306-23-000009"
form_type: "8-K"
ticker: "PGNY"
cik: "0001551306"
company_name: "Progyny, Inc."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:34:04.345100+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Progyny Q4 revenue $214.3M (+68% YoY); FY2022 revenue $786.9M (+57%); guides FY2023 above $1B

## Summary
- Q4 2022 revenue $214.3M, up 68% YoY; gross profit $44.5M (+77%); net income $3.4M ($0.03 diluted EPS).
- Full year 2022 revenue $786.9M, up 57% YoY; net income $30.4M ($0.30 diluted EPS); Adjusted EBITDA $125.7M (+87%).
- FY2023 guidance: revenue $1,000M-$1,030M (27-31% growth); Adjusted EBITDA $166M-$174M; net income $27.0M-$32.7M.
- Q1 2023 guidance: revenue $245M-$250M (42-45% growth); Adjusted EBITDA $41.5M-$44.0M.
- Clients grew to 288 from 191 a year ago; no debt; working capital $274.3M; operating cash flow $80.4M in FY2022.

## SEC filing metadata
- accession: 0001551306-23-000009
- form_type: 8-K
- ticker: PGNY
- cik: 0001551306
- company_name: Progyny, Inc.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551306/000155130623000009/0001551306-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551306/000155130623000009/pgny-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001551306-23-000009
- JSON: https://secwatch.observer/filing/0001551306-23-000009.json
- Plain text: https://secwatch.observer/filing/0001551306-23-000009.txt

## Key facts
- Earnings Releases
  Progyny, Inc. reported the fiscal year ended December 31, 2022 results: revenue $786.9 million, net income $30.4 million, EPS $0.30 per diluted share.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $786.9 million
  - Net income: $30.4 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- Progyny, Inc. Announces Fourth Quarter 2022 Results Reports Full Year Revenue of $786.9 Million, Reflecting 57% Growth Reports Record Quarterly Revenue and Operating Cash Flow of $214.3 Million and $51.5 Million, Respectively Issues Financial Guidance for 2023, Anticipates
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551306/000155130623000009/0001551306-23-000009-index.htm
- Earnings Releases
  Progyny, Inc. reported the fourth quarter of 2022 results: revenue $214.3 million, net income $3.4 million, EPS $0.03 per diluted share.
  - Period: the fourth quarter of 2022
  - Revenue: $214.3 million
  - Net income: $3.4 million
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: Inc. Announces Fourth Quarter 2022 Results Reports Full Year Revenue of $786.9 Million, Reflecting 57% Growth Reports Record Quarterly Revenue and Operating Cash Flow of $214.3 Million and $51.5 Million, Respectively Issues Financial Guidance for 2023, Anticipates Crossing $1 Billion Revenue Milestone NEW YORK, February 27, 2023 /GlobeNewswire/ - Progyny, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551306/000155130623000009/0001551306-23-000009-index.htm

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