earnings
confidence high
sentiment positive
materiality 0.80
Progyny Q2 revenue $332.9M (+9.5% YoY); raises FY2025 guidance on strong member engagement
Progyny, Inc.
2025-Q2 EPS reported
$0.36
revenue$656,912,000
- Q2 revenue $332.9M, up 9.5% YoY; ex-large-client transition revenue grew 18%.
- Adjusted EBITDA $57.9M (17.4% margin); adjusted EPS $0.48 vs $0.43 prior year.
- Raises FY2025 revenue guidance to $1.235B-$1.270B; adjusted EPS guidance to $1.70-$1.78.
- Record H1 operating cash flow $105.3M; no debt; entered $200M revolver (undrawn).
- Fertility clients grew to 542 from 463 YoY; ART cycles 16,938 (+8.8% YoY).
item 2.02item 9.01