earnings
confidence high
sentiment positive
materiality 0.75
Progyny Q2 revenue $350.5M (+5.3% YoY), adjusted EBITDA $62.1M; FY revenue guidance $1.36B-$1.385B
Progyny, Inc.
- Revenue $350.5M, up 5.3% YoY; gross margin 25.5% vs 23.7% prior year.
- Net income $28.1M ($0.34 diluted EPS) vs $17.1M ($0.19); adjusted EPS $0.55 vs $0.48.
- Adjusted EBITDA $62.1M (17.7% margin) vs $57.9M (17.4%).
- FY2026 guidance: revenue $1.36B-$1.385B, adjusted EBITDA $233M-$240M, adjusted EPS $2.04-$2.10.
- Repurchased 1.2M shares in Q2 for $31.5M; $142.5M remaining under $200M authorization.