---
schema_version: "secwatch.filing_event.v1"
accession: "0001551306-24-000018"
form_type: "8-K"
ticker: "PGNY"
cik: "0001551306"
company_name: "Progyny, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:46:26.663136+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Progyny reports record FY23 revenue $1.09B (+38%); guides FY24 $1.285-$1.315B

## Summary
- FY23 revenue $1,088.6M (+38% YoY); net income $62.0M ($0.62 diluted EPS), adj. EBITDA $187.1M (+49%).
- Q4 revenue $269.9M (+26%); net income $13.5M ($0.13 EPS); adj. EBITDA $43.2M (+31%).
- Clients grew to 392 as of Dec 31, 2023, from 288 a year earlier; expects >460 clients in 2024.
- FY24 revenue guidance $1.285-$1.315B (+18-21%), adj. EBITDA $224-$232M, adj. EPS $1.54-$1.59.
- Q1 2024 revenue guided $285-$292M (+10-13%); cites ~$15M headwind from short-term treatment mix shift.

## SEC filing metadata
- accession: 0001551306-24-000018
- form_type: 8-K
- ticker: PGNY
- cik: 0001551306
- company_name: Progyny, Inc.
- filed_at: 2024-02-27T23:59:59+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/1551306/000155130624000018/0001551306-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551306/000155130624000018/pgny-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001551306-24-000018
- JSON: https://secwatch.observer/filing/0001551306-24-000018.json
- Plain text: https://secwatch.observer/filing/0001551306-24-000018.txt

## Key facts
- Earnings Releases
  Progyny, Inc. reported financial results for the fiscal quarter and year ended December 31, 2023.
  - Period: the fiscal quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, Progyny, Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551306/000155130624000018/0001551306-24-000018-index.htm
- Earnings Releases
  Progyny, Inc. reported the three- and twelve-month periods ended December 31, 2023 results: revenue $1,088.6 Million, net income $62,037, EPS $0.62. Guidance initiated.
  - Period: the three- and twelve-month periods ended December 31, 2023
  - Revenue: $1,088.6 Million
  - Net income: $62,037
  - EPS: $0.62
  - Guidance: initiated
  - Result: reported results
  source text: Progyny, Inc. Announces Fourth Quarter 2023 Results Reports Record Full Year Revenue of $1,088.6 Million, Reflecting 38% Growth Achieves 49% Growth in Adjusted EBITDA to Record $187.1 Million Issues Financial Guidance for 2024, Crossing the $1.3 Billion Milestone at Midpoint
  evidence_url: https://www.sec.gov/Archives/edgar/data/1551306/000155130624000018/0001551306-24-000018-index.htm

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