Progyny 2025 Q3 Earnings 33% Net Income Growth Drives Strong Performance

Progyny (PGNY) reported Q3 2025 earnings on Nov 8, 2025, . , signaling confidence in its financial position.

Revenue

Progyny’s total revenue increased 9.3% year-over-year to $313.35 million, driven by robust demand for fertility and family-building benefits. Fertility Benefits Services revenue grew 13% to $201.9 million, . , reflecting strong market adoption.

Earnings/Net Income

Net income surged 33.0% to $13.86 million in Q3 2025, . , supported by improved operational efficiencies and cost management.

Post-Earnings Price Action Review

The strategy of buying Progyny shares on the date of its revenue raise announcement and holding for 30 days yielded strong returns over the past three years, with a cumulative profit of $1.21 billion and an average annual return of 37%. This success highlights the effectiveness of aligning investments with earnings announcements, as Progyny’s market reaction consistently drove price appreciation. The short holding period of 30 days reflects a tactical focus on capturing immediate momentum rather than long-term gains.

CEO Commentary

CEO Peter Anevski on Strategic Priorities

, CEO of Progyny, emphasized the company’s strong execution in a challenging macroeconomic environment. He highlighted the near 100% client renewal rate for 2026 as a testament to customer satisfaction and retention. Anevski noted, “Our focus on expanding benefit offerings, such as menopause and postpartum support, positions us to deepen client relationships and drive long-term growth.” He also underscored the importance of disciplined investment in technology and acquisitions to maintain competitive differentiation.

Guidance

, reflecting sustained demand for its services. The company expects Q4 2025 revenue to range between $296.4M and $304.0M, with adjusted EPS of $0.44–$0.46. These projections align with its strategic focus on expanding client coverage and enhancing service offerings.

Additional News

Progyny announced a $200 million share repurchase program, signaling confidence in its capital structure and commitment to shareholder returns. The company also launched a new supplemental plan targeting small and mid-sized businesses, expanding its market reach. Additionally, , further differentiating its offerings in a competitive landscape. These moves reflect the company’s proactive approach to innovation and client diversification.