---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-002357"
form_type: "8-K"
ticker: "PGNY"
cik: "0001551306"
company_name: "Progyny, Inc."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:36:06.209558+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Progyny reports FY2021 revenue $500.6M (+45% YoY); guides FY2022 rev $730-775M (+50% midpt)

## Summary
- FY2021 revenue $500.6M (45% growth); net income $65.8M ($0.66 EPS); adj. EBITDA $67.3M (13.5% margin, +410bps).
- Q4 2021 revenue $127.6M (27% growth); adj. EBITDA $15.1M (28% growth); gross margin excl. SBC improved 170bps to 23.4%.
- Clients grew to 191 from 135; ART cycles increased 50% to 28,413; average members 2.81M (+28%).
- FY2022 guidance: rev $730-775M (46-55% growth); adj. EBITDA $110-122M; net income $(1.4)M to $7.0M.
- Q1 2022 guidance: rev $165-170M (35-39% growth); adj. EBITDA $23.5-24.5M; net loss $(2.1)-$(1.4)M.

## SEC filing metadata
- accession: 0001558370-22-002357
- form_type: 8-K
- ticker: PGNY
- cik: 0001551306
- company_name: Progyny, Inc.
- filed_at: 2022-02-28T23:59:59+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/1551306/000155837022002357/0001558370-22-002357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551306/000155837022002357/pgny-20220228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-002357
- JSON: https://secwatch.observer/filing/0001558370-22-002357.json
- Plain text: https://secwatch.observer/filing/0001558370-22-002357.txt

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