PHR · Phreesia, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.94M | $120.33M | $117.25M | $101.22M | $106.80M | $102.11M | $83.84M | $91.62M | $85.83M | $63.35M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $31.83M | $29.45M | $29.27M | $28.88M | $29.32M | $29.54M | $26.47M | $28.54M | $27.47M | $20.64M |
| SG&A | $16.41M | $17.49M | $19.04M | $19.05M | $19.63M | $19.50M | $19.88M | $20.24M | $20.99M | $20.86M |
| Total Operating Expenses | $119.22M | $116.59M | $118.76M | $120.64M | $120.64M | $119.34M | $121.75M | $123.66M | $122.78M | $113.95M |
| D&A | $6.88M | $7.48M | $7.41M | $6.67M | $7.09M | $6.78M | $6.99M | $4.48M | $4.24M | $5.88M |
| Operating Income | ($3.29M) | $3.74M | ($1.51M) | ($19.42M) | ($13.84M) | ($17.22M) | ($37.90M) | ($32.05M) | ($36.95M) | ($50.59M) |
| Interest Expense | $435.0K | $320.0K | $391.0K | $553.0K | $517.0K | $420.0K | $293.0K | $517.0K | $420.0K | $402.0K |
| Income Tax | $735.0K | $854.0K | ($1.22M) | $510.0K | $442.0K | $750.0K | $306.0K | $372.0K | $648.0K | $235.0K |
| Net Income | ($3.91M) | $4.27M | $654.0K | ($19.72M) | ($14.40M) | ($18.01M) | ($37.53M) | ($31.94M) | ($36.77M) | ($51.24M) |
| EPS - Basic | ($0.07) | $0.07 | $0.01 | ($0.35) | ($0.25) | ($0.31) | ($0.70) | ($0.58) | ($0.68) | ($0.99) |
| EPS - Diluted | ($0.07) | $0.07 | $0.01 | ($0.35) | ($0.25) | ($0.31) | ($0.70) | ($0.58) | ($0.68) | ($0.99) |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $73.83M | $106.37M | $98.27M | $84.22M | $81.74M | $81.80M | $87.52M | $103.37M | $127.68M | $176.68M |
| Accounts Receivable | $97.45M | $88.26M | $76.84M | $73.62M | $71.41M | $61.27M | $64.86M | $57.44M | $53.91M | $51.39M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $11.48M | $6.22M | $6.53M | $5.62M | $15.87M | $6.98M | $8.48M | $10.90M | $7.95M | $10.84M |
| Current Assets | $279.84M | $240.91M | $222.64M | $203.28M | $189.57M | $180.93M | $195.68M | $199.24M | $219.23M | $262.44M |
| Total Assets | $663.79M | $423.47M | $408.63M | $388.42M | $375.70M | $362.24M | $370.33M | $374.65M | $340.44M | $370.06M |
| Current Liabilities | $183.24M | $98.78M | $105.14M | $114.02M | $109.20M | $102.00M | $110.12M | $98.42M | $84.87M | $79.04M |
| Long-term Debt | $2.66M | $964.0K | $1.30M | $1.94M | $2.32M | $2.60M | $3.15M | $3.67M | $3.88M | $246.0K |
| Total Liabilities | $326.58M | $103.14M | $110.64M | $123.61M | $121.11M | $110.90M | $118.88M | $110.05M | $93.42M | $82.24M |
| Stockholders' Equity | $337.21M | $320.33M | $297.99M | $264.81M | $254.59M | $251.34M | $251.45M | $264.60M | $247.02M | $287.82M |
| Retained Earnings | ($799.19M) | ($800.49M) | ($804.76M) | ($801.50M) | ($795.11M) | ($780.70M) | ($742.97M) | ($712.32M) | ($680.38M) | ($606.08M) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.85M | $15.47M | $14.84M | ($721.0K) | $5.79M | ($9.33M) | ($13.66M) | - | - | ($33.63M) |
| Investing Cash Flow | ($7.39M) | ($6.67M) | ($5.20M) | ($5.45M) | ($15.72M) | ($7.40M) | ($6.08M) | - | - | ($7.02M) |
| Financing Cash Flow | ($838.0K) | ($667.0K) | ($2.15M) | ($1.82M) | ($1.65M) | ($3.04M) | ($7.18M) | - | - | ($3.96M) |
| CapEx | $3.50M | $3.27M | $1.77M | $876.0K | $1.24M | $755.0K | $1.35M | - | - | $1.78M |
| Free Cash Flow | $11.35M | $12.20M | $13.07M | ($1.60M) | $4.54M | ($10.09M) | ($15.01M) | - | - | ($35.42M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -2.8% | 3.1% | -1.3% | -19.2% | -13.0% | -16.9% | -45.2% | -35.0% | -43.1% | -79.9% |
| EBITDA margin | 3.1% | 9.3% | 5.0% | -12.6% | -6.3% | -10.2% | -36.9% | -30.1% | -38.1% | -70.6% |
| Net margin | -3.4% | 3.5% | 0.6% | -19.5% | -13.5% | -17.6% | -44.8% | -34.9% | -42.8% | -80.9% |
| Free cash flow margin | 9.8% | 10.1% | 11.1% | -1.6% | 4.3% | -9.9% | -17.9% | - | - | -55.9% |
| FCF / Net income | -2.90 | 2.86 | 19.98 | 0.08 | -0.32 | 0.56 | 0.40 | - | - | 0.69 |
| R&D / Revenue | 27.5% | 24.5% | 25.0% | 28.5% | 27.4% | 28.9% | 31.6% | 31.2% | 32.0% | 32.6% |
| SG&A / Revenue | 14.2% | 14.5% | 16.2% | 18.8% | 18.4% | 19.1% | 23.7% | 22.1% | 24.5% | 32.9% |
| Effective tax rate | - | 16.7% | - | - | - | - | - | - | - | - |
| Return on assets | -0.6% | 1.0% | 0.2% | -5.1% | -3.8% | -5.0% | -10.1% | -8.5% | -10.8% | -13.8% |
| Return on equity | -1.2% | 1.3% | 0.2% | -7.4% | -5.7% | -7.2% | -14.9% | -12.1% | -14.9% | -17.8% |
| Return on invested capital | -0.8% | 1.0% | -0.4% | -5.8% | -4.3% | -5.4% | -11.8% | -9.4% | -11.6% | -13.9% |
| Liquidity | ||||||||||
| Current ratio | 1.53 | 2.44 | 2.12 | 1.78 | 1.74 | 1.77 | 1.78 | 2.02 | 2.58 | 3.32 |
| Quick ratio | 1.53 | 2.44 | 2.12 | 1.78 | 1.74 | 1.77 | 1.78 | 2.02 | 2.58 | 3.32 |
| Cash ratio | 0.40 | 1.08 | 0.93 | 0.74 | 0.75 | 0.80 | 0.79 | 1.05 | 1.50 | 2.24 |
| Leverage | ||||||||||
| Debt / Equity | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Debt / EBITDA | 0.74 | 0.09 | 0.22 | - | - | - | - | - | - | - |
| Interest coverage | -7.6x | 11.7x | -3.9x | -35.1x | -26.8x | -41.0x | -129.4x | -62.0x | -88.0x | -125.9x |
| Equity multiplier | 1.97 | 1.32 | 1.37 | 1.47 | 1.48 | 1.44 | 1.47 | 1.42 | 1.38 | 1.29 |
| Liabilities / Assets | 0.49 | 0.24 | 0.27 | 0.32 | 0.32 | 0.31 | 0.32 | 0.29 | 0.27 | 0.22 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | 0.28 | 0.29 | 0.26 | 0.28 | 0.28 | 0.23 | 0.24 | 0.25 | 0.17 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 307d | 268d | 239d | 265d | 244d | 219d | 282d | 229d | 229d | 296d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | 323.4x | 2696.0x | - | - | - | - | - | - | - |
| P / B | 2.3x | 4.4x | 5.6x | 6.1x | 4.2x | 5.7x | 5.4x | 2.9x | 6.9x | 5.9x |
| P / S | 6.8x | 11.6x | 14.2x | 15.9x | 9.9x | 14.0x | 16.2x | 8.2x | 19.9x | 26.9x |
| EV / EBITDA | 200.5x | 114.9x | 265.3x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 14.5% | 12.7% | 14.8% | 20.7% | 16.6% | 19.0% | 32.3% | 25.3% | 26.5% | 31.2% |
| Revenue CAGR (3y) | 22.3% | 18.1% | 20.0% | 28.0% | 24.1% | 26.0% | 35.9% | 33.5% | 34.8% | - |
| Revenue CAGR (5y) | 28.3% | 25.6% | 27.3% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 83.1% | - | 91.2% | 48.8% | 56.8% | 53.4% | 25.1% | 19.5% | 20.2% | -374.9% |
| Net income growth (YoY) | 80.2% | - | - | 47.5% | 54.9% | 51.0% | 26.8% | 20.5% | 21.3% | -366.9% |
| EPS growth (YoY) | 80.0% | - | - | 50.0% | 56.9% | 54.4% | 29.3% | 23.7% | 23.6% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 168.5% | - | 89.4% | - | - | 57.6% | - | - | -274.6% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 27.3% | 25.8% | 18.6% | 5.3% | -3.8% | 1.7% | -12.6% | -17.4% | -29.1% | -31.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$480.59M totalTechnology Solutions Segment$480.59M · 100.0%
Product / service
$480.59M totalSubscription And Services$219.46M · 45.7%
Network Solutions$139.67M · 29.1%
Payment Solutions$121.46M · 25.3%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Phreesia against the 5 most active filers in the same SIC group.