---
schema_version: "secwatch.filing_event.v1"
accession: "0001551306-25-000186"
form_type: "8-K"
ticker: "PGNY"
cik: "0001551306"
company_name: "Progyny, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:40:42.378703+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Progyny Q3 revenue $313.3M (+9.3% YoY), raises FY2025 guidance; board authorizes $200M buyback

## Summary
- Revenue $313.3M (+9.3% YoY), net income $13.9M ($0.15 EPS), adj. EBITDA $55.0M (17.5% margin).
- New clients: 80+ new, 900k new lives, ~100% retention for 2026.
- FY2025 revenue guidance raised to $1.263-1.278B; adj. EBITDA $216-220M.
- Board authorized up to $200M share repurchase program.
- Record $156M operating cash flow in first nine months of 2025.

## SEC filing metadata
- accession: 0001551306-25-000186
- form_type: 8-K
- ticker: PGNY
- cik: 0001551306
- company_name: Progyny, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1551306/000155130625000186/0001551306-25-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551306/000155130625000186/pgny-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001551306-25-000186
- JSON: https://secwatch.observer/filing/0001551306-25-000186.json
- Plain text: https://secwatch.observer/filing/0001551306-25-000186.txt

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