Lifestance Health vs Progyny
Lifestance Health reported revenue of $1.4 billion in fiscal 2025, about the same as Progyny's $1.3 billion in fiscal 2025. Lifestance Health's revenue grew 13.8% in its latest year, and Progyny's grew 10.4%. Lifestance Health had an operating margin of 1.7%, against 6.6% at Progyny. Free cash flow was $110 million at Lifestance Health and $192 million at Progyny.
Side by side
| Lifestance Health | Progyny | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.4B | $1.3B |
| Revenue growth | 13.8% | 10.4% |
| Revenue growth a year, last 5 years | 46.3% | 30.2% |
| Gross margin | — | 23.6% |
| Operating margin | 1.7% | 6.6% |
| Net margin | 0.7% | 4.5% |
| Free cash flow | $110M | $192M |
| Free cash flow margin | 7.7% | 14.9% |
| Return on capital | 1.2% | — |
| Net debt to EBITDA | 0.5x | — |
| Dividends and buybacks | $0M | $82M |
| Change in diluted share count | 3.2% | −5.8% |
| Last close | $13.77 | $34.84 |
| P/E at the last close | 72.5× | 32.0× |
| Insider trades, last 12 months | sold $847.2 million | bought $1.9 million, sold $2.3 million |
| Piotroski F-score | 7 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Lifestance HealthProgyny
Operating margin
Percent of revenue
Lifestance HealthProgyny
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Lifestance HealthProgyny
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Lifestance Health and Progyny pages.