AI brief of an SEC Form 8-K · Progyny (PGNY)

Progyny raises 2025 guidance as third-quarter revenue rises 9.3% to $313.3 million

Positive Impact 4 of 5 earnings Written later

Progyny reported third-quarter 2025 revenue of $313.3 million, up 9.3% from a year earlier, and net income of $13.9 million, or $0.15 per diluted share, versus $10.4 million, or $0.11, in the prior-year quarter. The company raised its full-year 2025 revenue and net income guidance and authorized a share repurchase of up to $200 million, which the guidance does not reflect. Revenue growth was reduced by a large client that did not renew, which contributed $32.8 million in the third quarter of 2024 and nothing in the third quarter of 2025.

Key points

  • Q3 2025 revenue $313.3 million, up 9.3%; gross margin 23.2% vs 20.7%
  • Q3 2025 net income $13.9 million, or $0.15 per diluted share, vs $10.4 million, or $0.11
  • Full-year 2025 revenue guidance $1.263 billion to $1.278 billion; net income $58.5 million to $61.5 million
  • Board authorized share repurchase of up to $200 million; guidance excludes its impact

The filing

CompanyProgyny (PGNY)
Form8-K, current report
Filed with the SECNov 6, 2025, 4:14 PM ET
Accession number0001551306-25-000186

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.