Phreesia, Inc. (PHR)

Phreesia, Inc. provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada. It offers solutions including appointment optimization and referral management using AI-enabled workflows; and AI-based smart answering solution patient communications supported by voice and messaging solutions; integrated payment solutions embedded in intake and post-visit workflows, and financing solutions that enable healthcare organizations to accelerate cash collections while offering flexible payment options to patients; and digital intake and clinical data capture, patient engagement and activation tools, and measurement and analytics solutions. It also offers PhreesiaPads, a self-service intake tablets; and Arrivals Kiosks, which are on-site kiosks. The company serves a range of healthcare organizations including ambulatory practices, health systems, and hospitals, as well as life sciences companies, government entities, patient advocacy, public interest and not-for-profit and other organizations. Phreesia, Inc. was incorporated in 2005 and is based in Wilmington, Delaware.

Symbol
PHR
Exchange
NYSE
Sector
Healthcare
Industry
Health Information Services
Market cap
$624.97M
52 week range
7.77 - 25

Valuation

Share price
$9.68 (close of 2026-09-23)
P/E (TTM)
56.11x
Price to book
1.68x
Price to free cash flow
7.74x
Enterprise value
$618.28M
Book value per share
$6.01

Price performance

PeriodChange
1 day-3.49%
5 days-6.47%
1 month-20.13%
3 months+5.79%
6 months-17.97%
Year to date-42.79%
1 year-59.33%
3 years-45.50%
5 years-85.15%
All time-61.40%

Profitability and growth

Return on equity
0.68%
Return on invested capital
-0.90%
Return on assets
0.35%
Return on capital employed
-1.38%
Gross margin
63.06%
Net margin
0.49%
EBITDA margin
5.31%
Revenue growth
13.97%
Net income growth
103.94%
Free cash flow growth
186.05%

Cash flow and balance sheet

Free cash flow yield (TTM)
12.92%
Current ratio
1.76x
Net debt to EBITDA
-0.13x

Latest reported year

Period end
2026-01-31
Fiscal year
2026
Revenue
$467.82M
Cost of revenue
$172.80M
Gross profit
$295.01M
EBITDA
$24.84M
Net income
$2.31M
Earnings per share
$0.04
Research and development
$121.48M
Shares outstanding
59.74M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-01-31$467.82M$295.01M$2.31M$0.04
2025-01-31$410.48M$256.99M$-58.53M$-1.02
2024-01-31$345.99M$202.80M$-136.88M$-2.51
2023-01-31$280.91M$146.34M$-176.15M$-3.36
2022-01-31$213.23M$110.54M$-118.16M$-2.37
2021-01-31$148.68M$80.38M$-27.29M$-0.69
2020-01-31$124.78M$66.14M$-20.29M$-4.50
2019-01-31$99.89M$51.30M$-15.06M$-24.53
2018-01-31$79.83M$40.42M$-18.19M$-24.81

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-01-3163.06%0.49%0.68%-0.90%
2025-01-3162.61%-14.26%-22.10%-29.28%
2024-01-3158.61%-39.56%-54.44%-77.58%
2023-01-3152.09%-62.71%-61.20%-146.74%
2022-01-3151.84%-55.41%-28.32%-97.94%
2021-01-3154.07%-18.36%-10.37%-43.62%
2020-01-3153.00%-16.26%-19.92%-39.06%
2019-01-3151.36%-15.08%7.14%-
2018-01-3150.63%-22.79%10.85%-

Cash and debt by year

Period endCashDebt
2026-01-31$73.83M$2.66M
2025-01-31$84.22M$1.94M
2024-01-31$87.52M$3.15M
2023-01-31$176.68M$246.00K
2022-01-31$313.81M$360.00K
2021-01-31$218.78M$1.63M
2020-01-31$90.31M$19.44M
2019-01-31$1.54M$27.92M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-01-31$67.71M$67.45M
2025-01-31$23.67M$66.97M
2024-01-31$-38.18M$71.61M
2023-01-31$-94.86M$58.77M
2022-01-31$-93.13M$36.14M
2021-01-31$-8.35M$13.49M
2020-01-31$-6.19M$6.18M
2019-01-31$-6.85M$1.45M
2018-01-31$-17.73M$805.00K

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-02Jul/2026$0.10
2026-05-27--
2026-03-30--
2025-12-08--
2025-09-04--
2025-05-28--
2025-03-12--
2024-12-09--

Filings and sources

Company website
phreesia.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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