Progyny (PGNY) Balance Sheet: Assets & Liabilities

Progyny (PGNY) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Progyny reported total assets of $742.43M and total liabilities of $226.39M. Shareholders' equity was $516.04M, up 22.3% from $422.06M a year earlier. Total debt stood at $27.73M against $310.10M in cash and short-term investments, a net cash position of $282.37M. That puts debt-to-equity at 0.05, compared with 0.05 a year earlier.

Progyny Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Progyny, Inc. (PGNY) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	112.24	162.31	97.30	120.08	91.41	70.31	80.38	0.13	4.69
Short-Term Investments	197.86	65.64	273.79	69.22	28.01	38.99	0.00	0.00	0.00
Cash & Short-Term Investments	310.10	227.95	371.09	189.30	119.42	109.30	80.38	0.13	4.69
Accounts Receivable	220.29	235.32	241.87	240.07	134.56	75.66	47.06	23.33	11.37
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	21.39	9.44	27.45	4.49	4.56	5.26	5.00	1.09	0.71
Total Current Assets	551.78	472.72	640.41	433.86	258.54	190.22	132.44	24.54	16.77
Non-Current Assets
Property, Plant & Equipment (Net)	54.92	29.63	27.82	15.27	12.83	12.07	3.08	0.78	0.60
Goodwill	19.98	15.53	11.88	11.88	11.88	11.88	11.88	11.88	11.88
Intangible Assets	6.22	1.30	0.00	0.10	0.60	1.21	2.38	3.86	5.34
Other Non-Current Assets	16.54	87.91	76.52	3.99	2.94	0.57	0.65	0.27	0.37
Total Non-Current Assets	190.66	134.38	116.21	109.13	99.53	63.71	17.99	16.79	18.19
Total Assets	742.44	607.10	756.62	542.99	358.07	253.93	150.43	41.32	34.96
Current Liabilities
Accounts Payable	124.07	95.10	125.43	109.29	61.40	43.51	19.39	15.58	5.13
Short-Term Debt	3.73	2.86	2.15	1.23	1.23	1.23	0.00	0.25	3.56
Accrued Liabilities	78.32	73.53	60.52	9.00	3.94	7.64	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.39	7.13
Other Current Liabilities	74.59	37.42	31.48	1.17	2.17	25.40	16.78	14.37	9.08
Total Current Liabilities	202.39	168.63	185.95	159.54	98.82	77.79	36.16	30.20	17.77
Non-Current Liabilities
Long-Term Debt	24.00	16.41	17.24	6.48	7.42	8.32	0.00	0.00	1.63
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	0.88	0.00	0.00	4.87
Total Non-Current Liabilities	24.00	16.41	17.24	6.48	7.42	9.19	0.00	106.24	6.50
Total Liabilities	226.39	185.04	203.19	166.02	106.24	86.98	36.16	30.20	24.27
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00
Retained Earnings	202.83	144.31	89.97	27.93	-2.42	-68.19	-113.48	-104.85	-104.56
Accumulated Other Comprehensive Income	0.50	0.04	2.82	0.50	-0.09	0.00	-150.43	-0.48	-0.08
Treasury Stock	388.08	303.89	1.01	1.01	1.01	-	-	-	-
Additional Paid-in Capital	312.71	581.60	461.64	349.53	255.34	235.13	227.75	9.74	6.93
Shares Outstanding	83.37	85.31	96.35	93.30	91.09	-	-	-	-
Total Stockholders' Equity	516.04	422.06	553.43	376.97	251.82	166.95	114.27	11.12	10.69
Total Liabilities & Equity	742.44	607.10	756.62	542.99	358.07	253.93	150.43	41.32	34.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Progyny Balance Sheet

How much debt does Progyny have?

Progyny had total debt of $27.73M as of Dec 31, 2025, against $310.10M in cash and short-term investments. Its debt-to-equity ratio was 0.05. Total debt was $19.27M a year earlier.

What are Progyny's total assets?

Progyny reported total assets of $742.43M as of Dec 31, 2025, up 22.3% from $607.10M a year earlier. Total liabilities were $226.39M.

What is Progyny's shareholders' equity?

Progyny's shareholders' equity was $516.04M as of Dec 31, 2025, or about $6.19 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition