The earnings call indicates strong financial performance and growth, with record results and positive client expansion. While there are challenges such as the impact of a large client transition and slower initial pipeline build, the company's strategic initiatives and increased full-year guidance highlight a positive outlook.

Company Guidance

During the second quarter of 2025 earnings call, Progyny, Inc. provided updated guidance reflecting strong financial performance and increased expectations for the year. The company reported a 9.5% revenue growth to $332.9 million, with adjusted EBITDA increasing by 6% to $58 million. The company also raised its full-year revenue guidance to between $1.235 billion and $1.270 billion, reflecting growth of up to 8.8%. Progyny noted a record 17,000 ART cycles performed in the quarter, contributing to an 18% revenue increase in its core business, excluding a large former client. The company also highlighted its strategic initiatives, including expanding client relationships, product portfolio enhancements, and successful integration of recent acquisitions. Progyny's market reach continued to diversify, spanning various sectors, and it maintained a strong focus on client retention and upselling. Additionally, the company secured a revolving credit facility to enhance financial flexibility.

Record Quarterly Results

The company reported record quarterly results with strong growth in both revenue and adjusted EBITDA, along with gross margin expansion and significant cash flow generation.

Revenue Growth

Second quarter revenue grew 9.5% over the prior year to $332.9 million, primarily due to an increase in the number of clients and covered lives.

Client and Covered Lives Expansion

Progyny had 542 clients with at least 1,000 lives, representing an average of 6.74 million covered lives in the quarter, compared to 463 clients and 6.41 million covered lives a year ago.

Positive Client Retention and Expansion

Early activity in renewals has been positive with clients not looking to reduce benefits and many expanding their offerings.

Strategic Acquisitions and Partnerships

The integration of BenefitBump is complete, and Progyny has formed a new partnership with OURA. The company was also chosen by Amazon for its Health Benefits Connector program.

Increased Full Year Guidance

Progyny raised its full year guidance, projecting revenue of between $1.235 billion to $1.270 billion, reflecting growth of between 5.8% and 8.8%.

Progyny (PGNY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PGNY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.13 / -	0.11	―	―	―
Aug 07, 2025	2025 (Q2)	0.16 / 0.19	0.17	11.76% (+0.02)	―
May 08, 2025	2025 (Q1)	0.19 / 0.17	0.17	0.00% (0.00)	―
Feb 27, 2025	2024 (Q4)	0.10 / 0.12	0.13	-7.69% (-0.01)	―
Nov 12, 2024	2024 (Q3)	0.14 / 0.11	0.16	-31.25% (-0.05)	―
Aug 06, 2024	2024 (Q2)	0.17 / 0.17	0.15	13.33% (+0.02)	―
May 09, 2024	2024 (Q1)	0.13 / 0.17	0.18	-5.56% (>-0.01)	―
Feb 27, 2024	2023 (Q4)	0.11 / 0.13	0.03	333.33% (+0.10)	―
Nov 07, 2023	2023 (Q3)	0.12 / 0.16	0.13	23.08% (+0.03)	―
Aug 03, 2023	2023 (Q2)	0.10 / 0.15	0.09	66.67% (+0.06)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PGNY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$23.06	$22.85	-0.91%
May 08, 2025	$23.37	$21.19	-9.33%
Feb 27, 2025	$22.88	$22.53	-1.53%
Nov 12, 2024	$17.18	$13.90	-19.09%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Progyny (PGNY) report earnings?

Progyny (PGNY) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Progyny (PGNY) earnings time?

Progyny (PGNY) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PGNY EPS forecast?

PGNY EPS forecast for the fiscal quarter 2025 (Q3) is 0.13.

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