Phreesia, Inc. (PHR) Income Statement
PHR FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsPHR revenue and net income
Where PHR's revenue goes
FY2026Each bar shows an amount and its share of revenue. PHR kept 0.5% of revenue as net income.
PHR profit margins
PHR growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.5% | +19.6% | +26.4% | — |
| Gross profit | +14.6% | +23.9% | +27.7% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PHR quarterly EPS vs estimates
Phreesia beat the analyst EPS estimate in 6 of the last 8 quarters.
PHR income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $480.6M | $419.8M | $356.3M | $280.9M | $213.2M | $148.7M | $124.8M | $99.9M | $79.8M |
| Cost of revenue | $154.1M | $134.9M | $124.0M | $109.3M | $81.4M | $52.4M | $44.7M | $37.0M | $29.8M |
| Gross profit | $326.5M | $284.9M | $232.3M | $171.6M | $131.8M | $96.3M | $80.1M | $62.9M | $50.1M |
| Research & development | $121.5M | $117.4M | $112.3M | $91.2M | $52.3M | $22.6M | $18.6M | $14.3M | $11.4M |
| Sales, general & admin | $180.1M | $197.7M | $226.9M | $231.6M | $175.1M | $83.4M | $62.8M | $46.4M | $43.6M |
| Total operating expenses | $333.1M | $343.0M | $368.8M | $348.2M | $248.7M | $122.0M | $95.4M | $72.4M | $64.6M |
| Operating income | −$6.6M | −$58.1M | −$136.5M | −$176.6M | −$116.8M | −$25.7M | −$15.3M | −$9.5M | −$14.6M |
| Interest income | $2.2M | $2.7M | $4.1M | $1.1M | $1.1M | $1.6M | $2.4M | $3.5M | $3.6M |
| Interest expense | $7.0M | $2.3M | $1.9M | $1.4M | $1.2M | $1.7M | $3.0M | $3.5M | $3.6M |
| Income before taxes | −$8.9M | −$55.8M | −$135.3M | −$175.7M | −$118.0M | −$27.2M | −$22.1M | −$15.1M | −$18.2M |
| Income taxes | −$11.2M | $2.7M | $1.5M | $483,000 | $182,000 | $49,000 | −$1.8M | −$2.1M | $4.2M |
| Net income | $2.3M | −$58.5M | −$136.9M | −$176.1M | −$118.2M | −$27.3M | −$20.3M | −$15.1M | −$18.2M |
| EBITDA | $29.5M | −$25.6M | −$104.0M | −$148.9M | −$92.3M | −$7.6M | −$5.1M | $2.1M | −$4.9M |
| EPS (diluted) | $1.25 | −$0.15 | −$1.18 | −$2.23 | −$1.60 | −$0.36 | −$2.27 | −$0.42 | −$0.65 |
| Gross margin | 67.9% | 67.9% | 65.2% | 61.1% | 61.8% | 64.8% | 64.2% | 63.0% | 62.7% |
| Operating margin | −1.4% | −13.8% | −38.3% | −62.9% | −54.8% | −17.3% | −12.3% | −9.5% | −18.2% |
| Net margin | 0.5% | −13.9% | −38.4% | −62.7% | −55.4% | −18.4% | −16.3% | −15.1% | −22.8% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $129.5M | $130.9M | $127.1M | $120.3M | $117.3M | $115.9M | $109.7M | $106.8M | $102.1M | $101.2M | $95.0M | $91.6M |
| Cost of revenue | $53.3M | $53.4M | $40.4M | $38.0M | $37.6M | $38.1M | $33.6M | $34.5M | $32.8M | $34.0M | $31.8M | $30.9M |
| Gross profit | $76.2M | $77.5M | $86.7M | $82.3M | $79.6M | $77.9M | $76.1M | $72.3M | $69.3M | $67.2M | $63.2M | $60.7M |
| Research & development | $27.6M | $28.3M | $30.9M | $29.5M | $29.3M | $31.8M | $29.6M | $29.3M | $29.5M | $28.9M | $29.9M | $28.5M |
| Sales, general & admin | $16.5M | $42.6M | $51.6M | $41.6M | $44.4M | $42.5M | $47.3M | $49.7M | $49.7M | $51.1M | $54.7M | $56.7M |
| Total operating expenses | $65.1M | $70.6M | $92.2M | $78.6M | $81.1M | $81.2M | $83.7M | $86.1M | $86.5M | $86.6M | $92.8M | $92.7M |
| Operating income | $11.1M | $7.0M | −$5.6M | $3.7M | −$1.5M | −$3.3M | −$7.6M | −$13.8M | −$17.2M | −$19.4M | −$29.6M | −$32.0M |
| Interest income | $248,000 | $297,000 | $269,000 | $700,000 | $999,000 | $205,000 | $605,000 | $626,000 | $654,000 | $792,000 | $808,000 | $1.0M |
| Interest expense | $1.7M | $2.3M | $5.8M | $826,000 | $391,000 | $435,000 | $586,000 | $600,000 | $608,000 | $553,000 | $624,000 | $517,000 |
| Income before taxes | $3.2M | $4.7M | −$10.3M | $5.1M | −$563,000 | −$3.2M | −$5.4M | −$14.0M | −$17.3M | −$19.2M | −$30.4M | −$31.6M |
| Income taxes | $1.3M | $1.8M | −$11.6M | $854,000 | −$1.2M | $735,000 | $1.0M | $442,000 | $750,000 | $510,000 | $217,000 | $372,000 |
| Net income | $1.9M | $3.0M | $1.3M | $4.3M | $654,000 | −$3.9M | −$6.4M | −$14.4M | −$18.0M | −$19.7M | −$30.6M | −$31.9M |
| EBITDA | $21.0M | $17.0M | $5.2M | $12.9M | $7.2M | $4.1M | $2.0M | −$6.3M | −$9.4M | −$12.0M | −$21.4M | −$23.6M |
| EPS (diluted) | $0.03 | $0.19 | $0.44 | $0.31 | $0.27 | $0.23 | −$0.11 | $0.04 | −$0.03 | −$0.05 | −$0.21 | −$0.25 |
| Gross margin | 58.8% | 59.2% | 68.2% | 68.4% | 67.9% | 67.2% | 69.4% | 67.7% | 67.9% | 66.4% | 66.6% | 66.2% |
| Operating margin | 8.5% | 5.3% | −4.4% | 3.1% | −1.3% | −2.8% | −6.9% | −13.0% | −16.9% | −19.2% | −31.1% | −35.0% |
| Net margin | 1.5% | 2.3% | 1.0% | 3.5% | 0.6% | −3.4% | −5.8% | −13.5% | −17.6% | −19.5% | −32.3% | −34.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PHR's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PHR financial results
In fiscal year 2026 (ended January 31, 2026), Phreesia reported revenue of $480.6 million, up 14.5% from the year before. It had net income of $2.3 million, a net profit margin of 0.5%. Diluted earnings per share came to $1.25. Over five years revenue grew at an average rate of 26.4% a year.
See the PHR stock overview for the latest quote and news, or the PHR chart for price history and technical indicators.
PHR income statement FAQ
What is Phreesia's annual revenue?
Phreesia reported total revenue of $480.6 million for fiscal year 2026, which ended on January 31, 2026. That was up 14.5% from $419.8 million the previous year.
Is Phreesia profitable?
Yes. Phreesia reported net income of $2.3 million in fiscal 2026, a net profit margin of 0.5%; its operating margin was −1.4%.
What is Phreesia's gross margin?
Phreesia's gross margin was 67.9% in fiscal 2026: for every $100 of revenue, Phreesia kept $68 after the direct cost of its products and services.
How much does Phreesia spend on research and development?
Phreesia spent $121.5 million on research and development in fiscal 2026, 25.3% of revenue.
How fast is Phreesia growing?
Revenue grew 26.4% a year on average over the last five fiscal years, from $148.7 million to $480.6 million.
What are Phreesia's earnings per share?
Phreesia earned $1.25 per diluted share in fiscal 2026, compared with $-0.15 a year earlier.
When does Phreesia's fiscal year end?
Phreesia's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 31, 2026.