NYSE : PHR
Phreesia, Inc. — Financial statements
Healthcare · Health Information Services · United States
Last price 12.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 772.16M
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Financial statements
Phreesia, Inc. (PHR) reported revenue of 507.79M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 507.79M | 480.59M | 419.81M | 356.30M | 280.91M | 213.23M |
| Cost of Revenue | 164.94M | 154.12M | 134.93M | 124.01M | 109.27M | 81.39M |
| Gross Profit | 342.86M | 326.47M | 284.88M | 232.29M | 171.64M | 131.84M |
| Selling, General & Admin | 167.70M | 170.92M | 197.73M | 226.93M | 231.65M | 174.38M |
| Research & Development | 116.28M | 121.48M | 117.36M | 112.35M | 91.24M | 52.27M |
| Amortization of Goodwill & Intangibles | 23.70M | 18.48M | 13.70M | 11.90M | 7.32M | 6.32M |
| Operating Expenses | 321.10M | 323.86M | 342.98M | 368.77M | 348.19M | 247.94M |
| Operating Income | 21.76M | 2.61M | -58.10M | -136.48M | -176.55M | -116.10M |
| Interest Expense | -10.15M | -6.95M | -2.35M | -1.85M | -1.41M | -1.16M |
| Interest & Investment Income | 1.51M | 2.17M | 2.68M | 4.07M | 2.48M | 79.00K |
| Currency Exchange Gain (Loss) | -78.00K | |||||
| Other Non Operating Income (Expenses) | -616.00K | 2.95M | -389.00K | 44.00K | -175.00K | |
| EBT Excluding Unusual Items | 12.51M | 784.00K | -58.16M | -134.22M | -175.66M | -117.26M |
| Merger & Restructuring Charges | -9.22M | -9.22M | -720.00K | |||
| Other Unusual Items | -518.00K | -501.00K | 2.35M | -1.12M | ||
| Pretax Income | 2.76M | -8.94M | -55.81M | -135.34M | -175.66M | -117.98M |
| Income Tax Expense | -7.68M | -11.25M | 2.72M | 1.54M | 483.00K | 182.00K |
| Net Income | 10.45M | 2.31M | -58.53M | -136.88M | -176.15M | -118.16M |
| Net Income to Common | 10.45M | 2.31M | -58.53M | -136.88M | -176.15M | -118.16M |
| Shares Outstanding (Basic) | 60.82M | 59.74M | 57.59M | 54.56M | 52.44M | 49.89M |
| Shares Outstanding (Diluted) | 62.99M | 61.49M | 57.59M | 54.56M | 52.44M | 49.89M |
| EPS (Basic) | 0.17 | 0.04 | -1.02 | -2.51 | -3.36 | -2.37 |
| EPS (Diluted) | 0.17 | 0.04 | -1.02 | -2.51 | -3.36 | -2.37 |
| Free Cash Flow | 80.75M | 67.71M | 23.67M | -38.18M | -94.86M | -93.13M |
| Free Cash Flow Per Share | 1.28 | 1.10 | 0.41 | -0.70 | -1.81 | -1.87 |
| Gross Margin | 67.52% | 67.93% | 67.86% | 65.20% | 61.10% | 61.83% |
| Operating Margin | 4.29% | 0.54% | -13.84% | -38.30% | -62.85% | -54.45% |
| Profit Margin | 2.06% | 0.48% | -13.94% | -38.42% | -62.70% | -55.41% |
| Free Cash Flow Margin | 15.90% | 14.09% | 5.64% | -10.72% | -33.77% | -43.68% |
| EBITDA | 43.76M | 20.66M | -40.43M | -116.52M | -157.19M | -100.46M |
| EBITDA Margin | 8.62% | 4.30% | -9.63% | -32.70% | -55.96% | -47.11% |
| D&A For EBITDA | 22.00M | 18.05M | 17.66M | 19.96M | 19.36M | 15.64M |
| EBIT | 21.76M | 2.61M | -58.10M | -136.48M | -176.55M | -116.10M |
| EBIT Margin | 4.29% | 0.54% | -13.84% | -38.30% | -62.85% | -54.45% |
| Revenue as Reported | 507.79M | 480.59M | 419.81M | 356.30M | 280.91M | 213.23M |
| Advertising Expenses | 1.75M | 1.68M | 1.90M | 2.63M | 4.01M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 72.94M | 72.14M | 84.22M | 87.52M | 176.68M | 313.81M |
| Cash & Short-Term Investments | 72.94M | 72.14M | 84.22M | 87.52M | 176.68M | 313.81M |
| Accounts Receivable | 89.41M | 97.45M | 73.62M | 64.86M | 51.39M | 40.26M |
| Other Receivables | 44.87M | 57.17M | ||||
| Receivables | 134.28M | 154.63M | 73.62M | 64.86M | 51.39M | 40.26M |
| Prepaid Expenses | 19.14M | 17.98M | 15.87M | 14.46M | 10.71M | 11.04M |
| Restricted Cash | 1.69M | |||||
| Other Current Assets | 27.14M | 33.41M | 29.58M | 28.84M | 23.66M | 21.23M |
| Total Current Assets | 253.50M | 279.84M | 203.28M | 195.68M | 262.44M | 386.35M |
| Property, Plant & Equipment | 19.33M | 22.33M | 25.13M | 17.17M | 22.24M | 36.98M |
| Goodwill | 171.47M | 170.06M | 75.84M | 75.84M | 33.74M | 33.62M |
| Other Intangible Assets | 128.65M | 134.03M | 80.91M | 77.76M | 46.55M | 30.41M |
| Long-Term Deferred Tax Assets | 990.00K | 1.59M | 81.00K | 515.00K | ||
| Long-Term Deferred Charges | 130.00K | 338.00K | 583.00K | 986.00K | 1.75M | 2.44M |
| Other Long-Term Assets | 72.91M | 55.59M | 2.67M | 2.88M | 3.25M | 4.16M |
| Total Assets | 646.98M | 663.79M | 388.42M | 370.33M | 370.06M | 494.48M |
| Accounts Payable | 12.24M | 11.48M | 5.62M | 8.48M | 10.84M | 5.12M |
| Accrued Expenses | 34.57M | 38.46M | 34.11M | 32.20M | 14.44M | 18.04M |
| Current Portion of Long-Term Debt | 2.83M | 2.66M | 1.22M | 1.10M | 246.00K | 221.00K |
| Current Portion of Leases | 3.27M | 6.57M | 7.79M | 5.35M | 5.86M | 6.88M |
| Current Income Taxes Payable | 1.01M | 2.67M | 2.50M | 3.04M | 1.49M | 2.09M |
| Current Unearned Revenue | 32.57M | 49.52M | 32.76M | 24.11M | 17.69M | 16.49M |
| Other Current Liabilities | 57.33M | 71.88M | 30.02M | 35.84M | 28.48M | 19.59M |
| Total Current Liabilities | 143.84M | 183.24M | 114.02M | 110.12M | 79.04M | 68.43M |
| Long-Term Debt | 59.05M | 90.00M | 719.00K | 2.05M | 139.00K | |
| Long-Term Leases | 2.79M | 3.22M | 8.08M | 3.48M | 3.07M | 8.56M |
| Long-Term Unearned Revenue | 4.69M | 244.00K | 119.00K | 97.00K | 125.00K | 65.00K |
| Long-Term Deferred Tax Liabilities | 4.59M | 4.50M | 484.00K | 270.00K | ||
| Other Long-Term Liabilities | 60.17M | 45.38M | 185.00K | 2.86M | ||
| Total Liabilities | 275.13M | 326.58M | 123.61M | 118.88M | 82.24M | 77.20M |
| Common Stock | 635.00K | 620.00K | 601.00K | 577.00K | 542.00K | 521.00K |
| Additional Paid-In Capital | 1.21B | 1.18B | 1.11B | 1.04B | 926.96M | 860.66M |
| Retained Earnings | -794.31M | -799.19M | -801.50M | -742.97M | -606.08M | -429.94M |
| Treasury Stock | -46.63M | -45.52M | -45.52M | -45.52M | -33.60M | -13.96M |
| Comprehensive Income & Other | -621.00K | -382.00K | -51.00K | |||
| Total Common Equity | 371.85M | 337.21M | 264.81M | 251.45M | 287.82M | 417.28M |
| Shareholders' Equity | 371.85M | 337.21M | 264.81M | 251.45M | 287.82M | 417.28M |
| Total Liabilities & Equity | 646.98M | 663.79M | 388.42M | 370.33M | 370.06M | 494.48M |
| Total Debt | 67.95M | 102.45M | 17.80M | 11.98M | 9.18M | 15.80M |
| Net Cash (Debt) | 5.00M | -30.31M | 66.42M | 75.54M | 167.50M | 298.01M |
| Net Cash Per Share | 0.08 | -0.49 | 1.15 | 1.38 | 3.19 | 5.97 |
| Filing Date Shares Outstanding | 62.07M | 60.76M | 58.77M | 56.39M | 52.38M | 51.65M |
| Total Common Shares Outstanding | 62.04M | 60.67M | 58.73M | 56.35M | 53.22M | 51.79M |
| Working Capital | 109.67M | 96.60M | 89.26M | 85.56M | 183.40M | 317.92M |
| Book Value Per Share | 5.99 | 5.56 | 4.51 | 4.46 | 5.41 | 8.06 |
| Tangible Book Value | 71.73M | 33.11M | 108.06M | 97.84M | 207.53M | 353.24M |
| Tangible Book Value Per Share | 1.16 | 0.55 | 1.84 | 1.74 | 3.90 | 6.82 |
| Machinery | 34.19M | 52.48M | 45.03M | 46.82M | 45.13M | 54.60M |
| Leasehold Improvements | 154.00K | 748.00K |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 10.45M | 2.31M | -58.53M | -136.88M | -176.15M | -118.16M |
| Depreciation & Amortization | 22.00M | 18.05M | 17.66M | 19.96M | 19.36M | 15.64M |
| Other Amortization | 18.98M | 16.95M | 12.27M | 10.90M | 7.95M | 8.16M |
| Stock-Based Compensation | 59.43M | 67.45M | 66.97M | 71.61M | 58.77M | 36.14M |
| Other Operating Activities | -5.51M | -11.85M | 489.00K | 3.67M | 3.80M | 2.08M |
| Change in Accounts Receivable | 10.23M | -9.71M | -8.81M | -11.21M | -11.13M | -10.22M |
| Change in Accounts Payable | 5.58M | 5.26M | -3.23M | -1.99M | 4.77M | 2.88M |
| Change in Unearned Revenue | 371.00K | 8.33M | 8.67M | 731.00K | 1.25M | 3.35M |
| Change in Other Net Operating Assets | -30.14M | -17.97M | -3.11M | 10.83M | 1.24M | -14.58M |
| Operating Cash Flow | 91.38M | 78.81M | 32.38M | -32.38M | -90.12M | -74.71M |
| Capital Expenditures | -10.63M | -11.10M | -8.71M | -5.81M | -4.73M | -18.42M |
| Cash Acquisitions | -153.19M | -153.19M | -14.57M | -34.42M | ||
| Sale (Purchase) of Intangibles | -13.22M | -13.30M | -15.38M | -19.29M | -21.47M | -12.38M |
| Other Investing Activities | 54.73M | 15.71M | ||||
| Investing Cash Flow | -122.31M | -161.88M | -24.09M | -39.67M | -26.20M | -65.23M |
| Long-Term Debt Issued | 110.00M | 1.69M | ||||
| Total Debt Issued | 202.24M | 110.00M | 1.69M | |||
| Long-Term Debt Repaid | -28.16M | -9.01M | -7.38M | -5.95M | -5.31M | |
| Net Debt Issued (Repaid) | 53.53M | 81.84M | -9.01M | -5.69M | -5.95M | -5.31M |
| Issuance of Common Stock | 3.14M | 3.83M | 3.93M | 4.16M | 4.92M | 252.68M |
| Repurchase of Common Stock | -1.11M | -12.18M | -19.38M | -8.99M | ||
| Other Financing Activities | -48.10M | -12.82M | -6.41M | -3.41M | -397.00K | -3.41M |
| Financing Cash Flow | 7.46M | 72.85M | -11.49M | -17.11M | -20.80M | 234.97M |
| Foreign Exchange Rate Adjustments | -157.00K | -176.00K | -106.00K | |||
| Net Cash Flow | -23.63M | -10.39M | -3.30M | -89.16M | -137.13M | 95.03M |
| Free Cash Flow | 80.75M | 67.71M | 23.67M | -38.18M | -94.86M | -93.13M |
| Free Cash Flow Margin | 15.90% | 14.09% | 5.64% | -10.72% | -33.77% | -43.68% |
| Free Cash Flow Per Share | 1.28 | 1.10 | 0.41 | -0.70 | -1.81 | -1.87 |
| Levered Free Cash Flow | 68.32M | 55.70M | 25.52M | -747.12K | -52.96M | -50.91M |
| Unlevered Free Cash Flow | 71.25M | 57.07M | 26.75M | 90.62K | -52.39M | -50.47M |
| Cash Interest Paid | 5.51M | 1.61M | 2.19M | 1.31M | 763.00K | 802.00K |
| Cash Income Tax Paid | 4.65M | 1.90M | 3.07M | 37.00K | 39.00K | 49.00K |
| Change in Working Capital | -13.96M | -14.09M | -6.49M | -1.64M | -3.86M | -18.57M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 785.20M | 809.65M | 1.65B | 1.42B | 1.98B | 1.60B |
| Enterprise Value | 780.20M | 713.71M | 1.59B | 1.33B | 1.78B | 1.21B |
| Last Close Price | 12.44 | 13.43 | 28.46 | 25.48 | 37.49 | 31.19 |
| PE Ratio | 73.64 | 351.11 | ||||
| Forward PE | 21.73 | 30.20 | ||||
| PS Ratio | 1.52 | 1.69 | 3.94 | 3.98 | 7.04 | 7.50 |
| PB Ratio | 2.08 | 2.40 | 6.25 | 5.64 | 6.87 | 3.83 |
| P/TBV Ratio | 10.79 | 24.45 | 15.31 | 14.49 | 9.53 | 4.52 |
| P/FCF Ratio | 9.58 | 11.96 | 69.88 | |||
| P/OCF Ratio | 8.47 | 10.27 | 51.09 | |||
| EV/Sales Ratio | 1.51 | 1.49 | 3.80 | 3.73 | 6.33 | 5.67 |
| EV/EBITDA Ratio | 17.57 | 34.54 | ||||
| EV/EBIT Ratio | 35.32 | 273.35 | ||||
| EV/FCF Ratio | 9.52 | 10.54 | 67.31 | |||
| Debt / Equity Ratio | 0.18 | 0.30 | 0.07 | 0.05 | 0.03 | 0.04 |
| Debt / EBITDA Ratio | 1.51 | 4.74 | ||||
| Debt / FCF Ratio | 0.84 | 1.51 | 0.75 | |||
| Net Debt / Equity Ratio | -0.01 | 0.09 | -0.25 | -0.30 | -0.58 | -0.71 |
| Net Debt / EBITDA Ratio | -0.11 | 1.47 | 1.64 | 0.65 | 1.07 | 2.97 |
| Net Debt / FCF Ratio | -0.06 | 0.45 | -2.81 | 1.98 | 1.77 | 3.20 |
| Asset Turnover | 0.96 | 0.91 | 1.11 | 0.96 | 0.65 | 0.52 |
| Quick Ratio | 1.44 | 1.24 | 1.38 | 1.38 | 2.89 | 5.17 |
| Current Ratio | 1.76 | 1.53 | 1.78 | 1.78 | 3.32 | 5.65 |
| Return on Equity (ROE) | 3.12% | 0.77% | -22.67% | -50.77% | -49.96% | -34.72% |
| Return on Assets (ROA) | 2.58% | 0.31% | -9.57% | -23.04% | -25.53% | -17.67% |
| Return on Capital Employed (ROCE) | 4.30% | 0.50% | -21.20% | -52.50% | -60.70% | -27.30% |
| Earnings Yield | 1.36% | 0.29% | -3.54% | -9.66% | -8.91% | -7.39% |
| FCF Yield | 10.44% | 8.36% | 1.43% | -2.69% | -4.80% | -5.83% |
| Buyback Yield / Dilution | -7.36% | -6.78% | -5.55% | -4.04% | -5.12% | -26.24% |