Growth Metrics

Phreesia (PHR) Gross Margin (2018 - 2026)

Phreesia's Gross Margin history spans 9 years, with the latest figure at 103.32% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 6843.0% to 103.32% in Q1 2026 year-over-year; TTM through Jan 2026 was 86.81%, a 2289.0% increase, with the full-year FY2026 number at 85.15%, up 1400.0% from a year prior.
  • Gross Margin hit 103.32% in Q1 2026 for Phreesia, up from 79.93% in the prior quarter.
  • Over the last five years, Gross Margin for PHR hit a ceiling of 103.32% in Q1 2026 and a floor of 40.29% in Q1 2023.
  • Historically, Gross Margin has averaged 60.8% across 5 years, with a median of 70.44% in 2024.
  • Biggest five-year swings in Gross Margin: plummeted -7616bps in 2023 and later skyrocketed 12330bps in 2024.
  • Tracing PHR's Gross Margin over 5 years: stood at 49.89% in 2022, then skyrocketed by 66bps to 83.05% in 2023, then rose by 0bps to 83.28% in 2024, then decreased by -4bps to 79.93% in 2025, then rose by 29bps to 103.32% in 2026.
  • Business Quant data shows Gross Margin for PHR at 103.32% in Q1 2026, 79.93% in Q4 2025, and 85.16% in Q3 2025.