While being compressed a png image still is lossless. If you change parts of your image and re-save the quality of the image is still the same!

Sources:

long personal experience
german Wikipedia-page (to be extra sure)

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: Will I lose image quality when editing and re-saving an existing png file? I know that each time a .jpg file is saved, it is compressed and loses quality. Is the same true for .png files?

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