Phreesia (PHR) Gross Margin (2018 - 2026)
Phreesia's (PHR) quarterly Gross Margin came in at 85.11% in Q3 2026, down 5.0% year-over-year from 89.59% in Q3 2025, and down 1.62% quarter-over-quarter from 86.51% in Q2 2026.
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Phreesia (PHR) Gross Margin (2018 - 2026) Analysis & Trends
Phreesia has disclosed Gross Margin across 9 years of filings, most recently posting 85.11% for Q3 2026.
- In Q3 2026, Gross Margin fell 5.0% year-over-year to 85.11%; the TTM figure through Jul 2026 stood at 85.38% (up 59.0% YoY), while the FY2026 annual figure was 85.15%, up 93.0% from the prior year.
- Gross Margin came in at 85.11% for Q3 2026 at Phreesia, down from 86.51% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 86.51% in Q2 2026 to a low of 77.29% in Q2 2022.
- Average Gross Margin over 5 years is 82.89%, with a median of 83.28% recorded in 2024.
- Year-over-year, Gross Margin tumbled 504 bps in 2022 and jumped 508 bps in 2023.
- Over 5 years, Gross Margin stood at 80.08% in 2022, then climbed by 4 bps to 83.05% in 2023, then advanced by 0 bps to 83.28% in 2024, then rose by 2 bps to 84.76% in 2025, then gained by 0 bps to 85.11% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 85.11% in Q3 2026, 86.51% in Q2 2026, and 85.05% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 75.00% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 69.44% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 84.87% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 73.67% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 78.61% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 55.07% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 62.34% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 89.52% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 65.35% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 85.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 85.11% |
| Apr 30, 2026 | 86.51% |
| Jan 31, 2026 | 85.05% |
| Oct 31, 2025 | 84.76% |
| Jul 31, 2025 | 85.16% |
| Apr 30, 2025 | 85.65% |
| Jan 31, 2025 | 84.95% |
| Oct 31, 2024 | 83.28% |
| Jul 31, 2024 | 84.19% |
| Apr 30, 2024 | 84.47% |
| Jan 31, 2024 | 83.01% |
| Oct 31, 2023 | 83.05% |
| Jul 31, 2023 | 83.17% |
| Apr 30, 2023 | 82.22% |
| Jan 31, 2023 | 80.25% |
| Oct 31, 2022 | 80.08% |
| Jul 31, 2022 | 78.09% |
| Apr 30, 2022 | 77.29% |
| Jan 31, 2022 | 78.53% |
| Oct 31, 2021 | 79.18% |