Phreesia (PHR) Cost of Revenue (2018 - 2026)
Phreesia (PHR) reported Cost of Revenue of $17.7 million for Q2 2026, up 6.14% on a YoY basis from $16.6 million in Q2 2025, and down 7.02% sequentially from $19.0 million in Q1 2026.
Phreesia (PHR) Cost of Revenue (2018 - 2026) Analysis & Trends
Phreesia (PHR) has 9 years of Cost of Revenue data on file, last reported at $17.7 million in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 6.14% year-over-year to $17.7 million; the trailing twelve-month figure through Apr 2026 stood at $72.4 million (up 7.81% YoY), and the FY2026 full-year result was $71.4 million, up 7.76% from the prior year.
- Cost of Revenue fell to $17.7 million in Q2 2026, from $19.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $19.0 million in Q1 2026 to a low of $12.5 million in Q1 2022.
- A 5-year average of $16.0 million and a median of $15.9 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 78.39% in 2022 and declined 2.85% in 2023, its largest moves.
- Tracing PHR's Cost of Revenue over 5 years: stood at $14.6 million in 2022, then gained by 6.64% to $15.5 million in 2023, then increased by 14.97% to $17.9 million in 2024, then gained by 2.71% to $18.3 million in 2025, then decreased by 3.7% to $17.7 million in 2026.
- Business Quant data shows PHR's Cost of Revenue at $17.7 million in Q2 2026, $19.0 million in Q1 2026, and $18.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 220.92 Mn |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 98.33 Mn |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 28.07 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | 44.67 Mn |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | 357.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 97.04 Mn |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 19.41 Mn |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | - |
| 10 | Phreesia | 651.50 Mn | 575.10 Mn | 113.28 Mn | 17.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 17.66 Mn |
| Apr 30, 2026 | 17.66 Mn |
| Jan 31, 2026 | 18.99 Mn |
| Jan 31, 2026 | 18.99 Mn |
| Oct 31, 2025 | 18.34 Mn |
| Oct 31, 2025 | 18.34 Mn |
| Jul 31, 2025 | 17.40 Mn |
| Jul 31, 2025 | 17.40 Mn |
| Apr 30, 2025 | 16.64 Mn |
| Apr 30, 2025 | 16.64 Mn |
| Jan 31, 2025 | 16.51 Mn |
| Jan 31, 2025 | 16.51 Mn |
| Oct 31, 2024 | 17.85 Mn |
| Oct 31, 2024 | 17.85 Mn |
| Jul 31, 2024 | 16.14 Mn |
| Jul 31, 2024 | 16.14 Mn |
| Apr 30, 2024 | 15.72 Mn |
| Apr 30, 2024 | 15.72 Mn |
| Jan 31, 2024 | 16.14 Mn |
| Jan 31, 2024 | 16.14 Mn |