Growth Metrics

Phreesia (PHR) Gross Margin (2018 - 2026)

Phreesia (PHR) has disclosed Gross Margin for 9 consecutive years, with 85.05% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 1137.0% to 85.05% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 83.49% through Jan 2026, up 899.0% year-over-year, with the annual reading at 85.15% for FY2026, 1400.0% up from the prior year.
  • Gross Margin hit 85.05% in Q1 2026 for Phreesia, roughly flat from 84.76% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 145.75% in Q1 2022 to a low of 36.81% in Q2 2022.
  • Historically, Gross Margin has averaged 76.75% across 5 years, with a median of 78.34% in 2025.
  • Biggest five-year swings in Gross Margin: surged 6246bps in 2022 and later plummeted -6550bps in 2023.
  • Year by year, Gross Margin stood at 49.89% in 2022, then increased by 21bps to 60.19% in 2023, then grew by 19bps to 71.84% in 2024, then increased by 18bps to 84.76% in 2025, then grew by 0bps to 85.05% in 2026.
  • Business Quant data shows Gross Margin for PHR at 85.05% in Q1 2026, 84.76% in Q4 2025, and 78.34% in Q3 2025.