Growth Metrics

Phreesia (PHR) Cost of Revenue (2018 - 2026)

Phreesia recorded quarterly Cost of Revenue of -$4.2 million in Q1 2026, down 117.48% quarter-over-quarter from $24.1 million in Q4 2025, and down 105.91% year-over-year from $71.4 million in Q1 2025.

Phreesia's Cost of Revenue history runs 9 years deep, the most recent figure standing at -$4.2 million for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 105.91% year-over-year to -$4.2 million; the TTM figure through Jan 2026 stood at $63.4 million (down 58.16% YoY), while the FY2026 annual figure was $71.4 million, down 41.08% from the prior year.
  • Cost of Revenue came in at -$4.2 million for Q1 2026 at Phreesia, down from $24.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $107.4 million in Q1 2023 to a low of -$4.2 million in Q1 2026.
  • A 5-year average of $32.8 million and a median of $30.2 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue soared 369.08% in 2022 and sank 105.91% in 2026, its largest moves.
  • Phreesia's Cost of Revenue stood at $36.6 million in 2022, then sank by 57.61% to $15.5 million in 2023, then gained by 14.97% to $17.9 million in 2024, then soared by 35.25% to $24.1 million in 2025, then slumped by 117.48% to -$4.2 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered -$4.2 million, $24.1 million, and $17.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 110.18 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 260.92 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 26.83 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 28.07 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 112.73 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 45.83 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 44.67 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 8.13 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 169.52 Mn
10 Phreesia 632.62 Mn 558.79 Mn 113.28 Mn 17.66 Mn

Historic Data

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DateValue
Apr 30, 2026 17.66 Mn
Apr 30, 2026 17.66 Mn
Jan 31, 2026 -4.22 Mn
Jan 31, 2026 -4.22 Mn
Oct 31, 2025 24.15 Mn
Oct 31, 2025 24.15 Mn
Jul 31, 2025 17.40 Mn
Jul 31, 2025 17.40 Mn
Apr 30, 2025 26.04 Mn
Apr 30, 2025 26.04 Mn
Jan 31, 2025 71.41 Mn
Jan 31, 2025 71.41 Mn
Oct 31, 2024 17.85 Mn
Oct 31, 2024 17.85 Mn
Jul 31, 2024 30.18 Mn
Jul 31, 2024 30.18 Mn
Apr 30, 2024 32.01 Mn
Apr 30, 2024 32.01 Mn
Jan 31, 2024 16.14 Mn
Jan 31, 2024 16.14 Mn
Oct 31, 2023 15.53 Mn
Oct 31, 2023 15.53 Mn
Jul 31, 2023 37.24 Mn
Jul 31, 2023 37.24 Mn
Apr 30, 2023 14.91 Mn
Apr 30, 2023 14.91 Mn
Jan 31, 2023 107.44 Mn
Jan 31, 2023 107.44 Mn
Oct 31, 2022 36.63 Mn
Oct 31, 2022 36.63 Mn
Jul 31, 2022 38.34 Mn
Jul 31, 2022 38.34 Mn
Apr 30, 2022 40.03 Mn
Apr 30, 2022 40.03 Mn
Jan 31, 2022 37.21 Mn
Jan 31, 2022 37.21 Mn
Oct 31, 2021 11.64 Mn
Oct 31, 2021 11.64 Mn
Jul 31, 2021 22.17 Mn
Jul 31, 2021 22.17 Mn
Apr 30, 2021 8.53 Mn
Apr 30, 2021 8.53 Mn
Jan 31, 2021 12.96 Mn
Jan 31, 2021 12.96 Mn
Oct 31, 2020 6.47 Mn
Oct 31, 2020 6.47 Mn
Jul 31, 2020 5.27 Mn
Jul 31, 2020 5.27 Mn
Apr 30, 2020 9.43 Mn
Apr 30, 2020 9.43 Mn
Jan 31, 2020 4.24 Mn
Jan 31, 2020 4.24 Mn
Oct 31, 2019 8.35 Mn
Oct 31, 2019 8.35 Mn
Jul 31, 2019 4.21 Mn
Jul 31, 2019 4.21 Mn
Apr 30, 2019 4.00 Mn
Apr 30, 2019 4.00 Mn
Jan 31, 2019 6.40 Mn
Jan 31, 2019 6.40 Mn
Oct 31, 2018 3.81 Mn
Oct 31, 2018 3.81 Mn
Jul 31, 2018 6.53 Mn
Jul 31, 2018 6.53 Mn