PHR NYSE Services-Business Services, Nec Financials FY2018βFY2026
Phreesia, Inc. had $481M of revenue in fiscal 2026, up 14.5% on the year before. Over five years, revenue changed +26.4% a year on average.
Last close Β· Oct 23, 2026
$12.70
0.2%Hi! I read Phreesia, Inc.βs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
+14.5%
Yes. Sales grew 14.5% last year.
Does it make a profit?
0.5%
A little. It keeps 0.5% of every sale as profit.
Does profit turn into cash?
14.1%
Yes. 14.1% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
70.6x
One share costs 70.6 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Phreesia, Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
December 14, 2026
Monday Β· in 50 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Sep 2, 2026 | Q2 '27 | After the market closes | 8-K β |
| May 27, 2026 | Q1 '27 | After the market closes | 8-K β |
| Mar 30, 2026 | Q4 '26 | Time not announced | 8-K β |
| Dec 8, 2025 | Q3 '26 | After the market closes | 8-K β |
| Aug 29, 2025 | Q2 '26 | Time not announced | 8-K β |
| May 28, 2025 | Q1 '26 | Before the market opens | 8-K β |
| Mar 12, 2025 | Q4 '25 | After the market closes | 8-K β |
| Dec 9, 2024 | Q3 '25 | After the market closes | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Phreesia, Inc. had $481M of revenue in fiscal 2026, up 14.5% on the year before. Over five years, revenue changed +26.4% a year on average. Its operating margin was β1.4%, up 12.5Β pts: of every 100 in sales, about β1 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Phreesia, Inc. made $2.3M of net profit in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was $67.7M in fiscal 2026, 14.1% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Phreesia, Inc. has $63.7M more cash than debt.
Cash, debt and the ratios that show how comfortably Phreesia, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $314M | $177M | $87.5M | $84.2M | $73.8M |
| Debt incl. finance leases | $13.2M | $7.9M | $11.5M | $16.2M | $10.1M |
| Net debt / EBITDA | β | β | β | β | β2.6x |
| Debt / equity | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x |
| Interest coverage | β100.4x | β125.1x | β73.6x | β24.8x | β1.0x |
| Current ratio | 5.6x | 3.3x | 1.8x | 1.8x | 1.5x |
| Quick ratio | 5.6x | 3.3x | 1.8x | 1.8x | 1.5x |
| Total assets | $494M | $370M | $370M | $388M | $664M |
| Total liabilities | $77.2M | $82.2M | $119M | $124M | $327M |
| Shareholders' equity | $417M | $288M | $251M | $265M | $337M |
| Net debt (β = net cash) | β$301M | β$169M | β$76.1M | β$68.0M | β$63.7M |
KIRA Β· Its return on capital was β2.0%: every 100 invested in the business earned about β2 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Phreesia, Inc. passes 5 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 4 | 5 / 8 | 5 / 8 | 3 / 8 | 3 / 8 | 3 / 8 | 6 / 8 | 5 / 8 |
| Accruals ratio | β | β21.8% | β19.4% | β12.4% | β10.6% | β19.9% | β28.2% | β24.0% | β14.5% |
| Altman Z'' | β | β15.56 | β0.63 | 5.09 | 5.47 | β1.62 | β5.28 | β3.98 | β1.95 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $79.8M | $99.9M | $125M | $149M | $213M | $281M | $356M | $420M | $481M |
| Net interest income | β$3.6M | β$3.5M | β$2.4M | β$1.6M | β$1.1M | $1.1M | $2.2M | β | β |
| Research and development | $11.4M | $14.3M | $18.6M | $22.6M | $52.3M | $91.2M | $112M | $117M | $121M |
| Operating income | β$14.6M | β$9.5M | β$15.3M | β$25.7M | β$117M | β$177M | β$136M | β$58.1M | β$6.6M |
| Interest expense | β | $3.5M | $3.0M | $1.7M | $1.2M | $1.4M | $1.9M | $2.3M | $7.0M |
| Pretax income | β$18.2M | β$15.1M | β$22.1M | β$27.2M | β$118M | β$176M | β$135M | β$55.8M | β$8.9M |
| Income tax | $0.0M | $0.0M | β$1.8M | $0.0M | $0.2M | $0.5M | $1.5M | $2.7M | β$11.2M |
| Net income | β$18.2M | β$15.1M | β$20.3M | β$27.3M | β$118M | β$176M | β$137M | β$58.5M | $2.3M |
| Net income to common | β$38.2M | β$45.3M | β$91.4M | β$27.3M | β$118M | β | β | β | β |
| Diluted EPS | β$24.81 | β$24.53 | β$4.50 | β$0.69 | β$2.37 | β$3.36 | β$2.51 | β$1.02 | $0.04 |
| Diluted shares | 0.00B | 0.00B | 0.02B | 0.04B | 0.05B | 0.05B | 0.05B | 0.06B | 0.06B |
| Cash flow | |||||||||
| Cash from operations | β$11.1M | β$2.1M | $0.8M | $2.9M | β$74.7M | β$90.1M | β$32.4M | $32.4M | $78.8M |
| Capital expenditure | $6.6M | $4.7M | $7.0M | $11.2M | $18.4M | $4.7M | $5.8M | $8.7M | $11.1M |
| Free cash flow | β$17.7M | β$6.9M | β$6.2M | β$8.4M | β$93.1M | β$94.9M | β$38.2M | $23.7M | $67.7M |
| Depreciation and amortization | $9.6M | $11.6M | $13.9M | $15.9M | $21.3M | $25.3M | $29.5M | $27.9M | $31.5M |
| Stock-based compensation | $0.8M | $1.4M | $6.2M | $13.5M | $36.1M | $58.8M | $71.6M | $67.0M | $67.5M |
| Acquisitions | β | $1.2M | $0.0M | $6.5M | $34.4M | $0.0M | $14.6M | $0.0M | $153M |
| Balance sheet | |||||||||
| Cash and short-term investments | $10.5M | $1.5M | $90.3M | $219M | $314M | $177M | $87.5M | $84.2M | $73.8M |
| Total debt | β | $28.0M | $19.8M | $1.6M | $0.4M | $0.2M | $3.1M | $1.9M | $2.7M |
| Finance lease liabilities | β | β | $3.6M | $9.7M | $12.9M | $7.7M | $8.3M | $14.3M | $7.4M |
| Current assets | β | $33.3M | $132M | $272M | $386M | $262M | $196M | $203M | $280M |
| Current liabilities | β | $27.9M | $35.4M | $55.0M | $68.4M | $79.0M | $110M | $114M | $183M |
| Property and equipment, net | β | $14.2M | $14.5M | $26.7M | β | β | β | β | β |
| Goodwill | β | $0.3M | $0.3M | $8.3M | $33.6M | $33.7M | $75.8M | $75.8M | $170M |
| Intangible assets | β | $1.4M | $1.2M | $2.7M | $12.8M | $11.4M | $31.6M | $28.1M | $79.8M |
| Total assets | β | $59.3M | $159M | $327M | $494M | $370M | $370M | $388M | $664M |
| Total liabilities | β | $63.7M | $56.9M | $63.4M | $77.2M | $82.2M | $119M | $124M | $327M |
| Preferred stock | β | β | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | β$168M | β$211M | $102M | $263M | $417M | $288M | $251M | $265M | $337M |
| Margins | |||||||||
| Operating margin | β18.2% | β9.5% | β12.3% | β17.3% | β54.8% | β62.9% | β38.3% | β13.8% | β1.4% |
| EBITDA margin | β6.2% | 2.1% | β1.1% | β6.6% | β44.8% | β53.8% | β30.0% | β7.2% | 5.2% |
| Net margin | β22.8% | β15.1% | β16.3% | β18.4% | β55.4% | β62.7% | β38.4% | β13.9% | 0.5% |
| FCF margin | β22.2% | β6.9% | β5.0% | β5.6% | β43.7% | β33.8% | β10.7% | 5.6% | 14.1% |
| Net interest share of revenue | β4.6% | β3.5% | β2.0% | β1.1% | β0.5% | 0.4% | 0.6% | β | β |
| Returns | |||||||||
| Return on capital | β | β | β38.5% | β43.9% | β88.9% | β125.2% | β64.5% | β25.1% | β2.0% |
| Return on capital employed | β | β30.3% | β12.4% | β9.4% | β27.4% | β60.7% | β52.5% | β21.2% | β1.4% |
| Return on equity | β | β | β | β14.9% | β34.7% | β50.0% | β50.8% | β22.7% | 0.8% |
| Return on assets | β | β25.4% | β18.6% | β11.2% | β28.8% | β40.7% | β37.0% | β15.4% | 0.4% |
| Return on tangible equity | β | β | β91.0% | β10.8% | β31.9% | β72.6% | β95.1% | β36.4% | 2.6% |
| Growth | |||||||||
| Revenue growth | β | 25.1% | 24.9% | 19.1% | 43.4% | 31.7% | 26.8% | 17.8% | 14.5% |
| FCF growth | β | β | β | β | β | β | β | β | 186.0% |
| Share count change | β | 19.9% | 1,000.4% | 94.7% | 26.2% | 5.1% | 4.0% | 5.6% | 6.8% |
| Financial health | |||||||||
| Net debt / EBITDA | β | 12.6x | β | β | β | β | β | β | β2.6x |
| Debt / equity | β | β | 0.2x | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x |
| Interest coverage | β | β2.7x | β5.0x | β15.1x | β100.4x | β125.1x | β73.6x | β24.8x | β1.0x |
| Current ratio | β | 1.2x | 3.7x | 5.0x | 5.6x | 3.3x | 1.8x | 1.8x | 1.5x |
| Quick ratio | β | 1.2x | 3.7x | 5.0x | 5.6x | 3.3x | 1.8x | 1.8x | 1.5x |
| Capital allocation | |||||||||
| Capex / revenue | 8.3% | 4.7% | 5.6% | 7.6% | 8.6% | 1.7% | 1.6% | 2.1% | 2.3% |
| Stock comp / revenue | 1.0% | 1.4% | 5.0% | 9.1% | 17.0% | 20.9% | 20.1% | 16.0% | 14.0% |
| Quality scores | |||||||||
| Piotroski F-score | β | β | 5.0 | 5.0 | 3.0 | 3.0 | 3.0 | 6.0 | 5.0 |
| Altman Z'' | β | β15.6 | β0.6 | 5.1 | 5.5 | β1.6 | β5.3 | β4.0 | β2.0 |
| Accruals ratio | β | β21.8% | β19.4% | β12.4% | β10.6% | β19.9% | β28.2% | β24.0% | β14.5% |
Source: SEC EDGAR XBRL filings (CIK 0001412408). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
