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Progyny, Inc.（PGNY）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
Progyny, Inc.的季度营收约是BRC Group Holdings, Inc.的1.7倍（$318.4M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 3.9%，领先44.0%），Progyny, Inc.同比增速更快（6.7% vs -21.9%），过去两年Progyny, Inc.的营收复合增速更高（7.0% vs -15.4%）
Progyny, Inc.是总部位于美国的领先生育与家庭构建福利服务商，主要与企业雇主合作，提供试管婴儿、生育力保存、收养协助、代孕支持等综合生育相关福利方案，覆盖多个行业的雇员群体。
PGNY vs RILY — 直观对比
营收规模更大
PGNY
是对方的1.7倍
$188.3M
营收增速更快
PGNY
高出28.6%
-21.9%
净利率更高
RILY
高出44.0%
3.9%
两年增速更快
PGNY
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $318.4M | $188.3M |
| 净利润 | $12.5M | $90.3M |
| 毛利率 | 24.1% | 79.5% |
| 营业利润率 | 4.8% | 32.3% |
| 净利率 | 3.9% | 47.9% |
| 营收同比 | 6.7% | -21.9% |
| 净利润同比 | 18.5% | 1710.8% |
| 每股收益（稀释后） | $0.14 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收PGNYRILY
| Q4 25 | $318.4M | $188.3M | ||
| Q3 25 | $313.3M | $215.3M | ||
| Q2 25 | $332.9M | $188.2M | ||
| Q1 25 | $324.0M | $197.2M | ||
| Q4 24 | $298.4M | $241.0M | ||
| Q3 24 | $286.6M | $225.5M | ||
| Q2 24 | $304.1M | $256.0M | ||
| Q1 24 | $278.1M | $263.4M |
净利润PGNYRILY
| Q4 25 | $12.5M | $90.3M | ||
| Q3 25 | $13.9M | $91.1M | ||
| Q2 25 | $17.1M | $139.5M | ||
| Q1 25 | $15.1M | $-10.0M | ||
| Q4 24 | $10.5M | $-5.6M | ||
| Q3 24 | $10.4M | $-284.4M | ||
| Q2 24 | $16.5M | $-433.6M | ||
| Q1 24 | $16.9M | $-49.2M |
毛利率PGNYRILY
| Q4 25 | 24.1% | 79.5% | ||
| Q3 25 | 23.2% | 83.7% | ||
| Q2 25 | 23.7% | 81.3% | ||
| Q1 25 | 23.4% | 81.4% | ||
| Q4 24 | 21.3% | 79.8% | ||
| Q3 24 | 20.7% | 82.1% | ||
| Q2 24 | 22.5% | 84.5% | ||
| Q1 24 | 22.4% | 85.3% |
营业利润率PGNYRILY
| Q4 25 | 4.8% | 32.3% | ||
| Q3 25 | 6.9% | 30.4% | ||
| Q2 25 | 7.3% | 5.7% | ||
| Q1 25 | 7.5% | -31.2% | ||
| Q4 24 | 5.3% | -69.2% | ||
| Q3 24 | 4.3% | -36.4% | ||
| Q2 24 | 6.8% | -90.8% | ||
| Q1 24 | 6.7% | -6.1% |
净利率PGNYRILY
| Q4 25 | 3.9% | 47.9% | ||
| Q3 25 | 4.4% | 42.3% | ||
| Q2 25 | 5.1% | 74.1% | ||
| Q1 25 | 4.6% | -5.1% | ||
| Q4 24 | 3.5% | -2.3% | ||
| Q3 24 | 3.6% | -126.1% | ||
| Q2 24 | 5.4% | -169.4% | ||
| Q1 24 | 6.1% | -18.7% |
每股收益（稀释后）PGNYRILY
| Q4 25 | $0.14 | $2.78 | ||
| Q3 25 | $0.15 | $2.91 | ||
| Q2 25 | $0.19 | $4.50 | ||
| Q1 25 | $0.17 | $-0.39 | ||
| Q4 24 | $0.12 | $-0.01 | ||
| Q3 24 | $0.11 | $-9.39 | ||
| Q2 24 | $0.17 | $-14.35 | ||
| Q1 24 | $0.17 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $112.2M | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $516.0M | $-171.5M |
| 总资产 | $742.4M | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PGNYRILY
| Q4 25 | $112.2M | $226.6M | ||
| Q3 25 | $134.0M | $184.2M | ||
| Q2 25 | $132.5M | $267.4M | ||
| Q1 25 | $109.2M | $138.3M | ||
| Q4 24 | $162.3M | $146.9M | ||
| Q3 24 | $91.5M | $159.2M | ||
| Q2 24 | $95.0M | $236.9M | ||
| Q1 24 | $115.0M | $190.7M |
总债务PGNYRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PGNYRILY
| Q4 25 | $516.0M | $-171.5M | ||
| Q3 25 | $560.0M | $-260.5M | ||
| Q2 25 | $515.0M | $-351.7M | ||
| Q1 25 | $467.2M | $-496.8M | ||
| Q4 24 | $422.1M | $-488.2M | ||
| Q3 24 | $434.9M | $-497.6M | ||
| Q2 24 | $456.2M | $-218.3M | ||
| Q1 24 | $571.6M | $228.4M |
总资产PGNYRILY
| Q4 25 | $742.4M | $1.7B | ||
| Q3 25 | $795.2M | $1.7B | ||
| Q2 25 | $761.0M | $1.5B | ||
| Q1 25 | $730.3M | $1.5B | ||
| Q4 24 | $607.1M | $1.8B | ||
| Q3 24 | $660.0M | $2.2B | ||
| Q2 24 | $698.6M | $3.2B | ||
| Q1 24 | $794.3M | $5.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $54.2M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $48.6M | — |
| 自由现金流率自由现金流/营收 | 15.3% | — |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 现金转化率经营现金流/净利润 | 4.34× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $191.8M | — |
8季度趋势，按日历期对齐
经营现金流PGNYRILY
| Q4 25 | $54.2M | $26.2M | ||
| Q3 25 | $50.7M | $-60.6M | ||
| Q2 25 | $55.5M | $-25.6M | ||
| Q1 25 | $49.8M | $184.0K | ||
| Q4 24 | $52.2M | $-2.7M | ||
| Q3 24 | $44.5M | $19.5M | ||
| Q2 24 | $56.7M | $111.5M | ||
| Q1 24 | $25.7M | $135.4M |
自由现金流PGNYRILY
| Q4 25 | $48.6M | — | ||
| Q3 25 | $46.0M | — | ||
| Q2 25 | $50.2M | — | ||
| Q1 25 | $47.0M | — | ||
| Q4 24 | $50.3M | — | ||
| Q3 24 | $42.7M | — | ||
| Q2 24 | $55.8M | — | ||
| Q1 24 | $24.9M | — |
自由现金流率PGNYRILY
| Q4 25 | 15.3% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 14.9% | — | ||
| Q2 24 | 18.4% | — | ||
| Q1 24 | 8.9% | — |
资本支出强度PGNYRILY
| Q4 25 | 1.8% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.3% | — |
现金转化率PGNYRILY
| Q4 25 | 4.34× | 0.29× | ||
| Q3 25 | 3.65× | -0.66× | ||
| Q2 25 | 3.24× | -0.18× | ||
| Q1 25 | 3.31× | — | ||
| Q4 24 | 4.95× | — | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 3.44× | — | ||
| Q1 24 | 1.52× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
PGNY
| Fertility Benefit Services | $208.6M | 66% |
| Pharmacy Benefit Services | $109.8M | 34% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
