Growth Metrics

Phreesia (PHR) Net Margin (2018 - 2026)

Phreesia recorded quarterly Net Margin of 1.02% in Q1 2026, down 71.29% quarter-over-quarter from 3.55% in Q4 2025, and up 685.0% year-over-year from 0.13% in Q1 2025.

Phreesia's Net Margin history runs 9 years deep, the most recent figure standing at 1.02% for Q1 2026.

  • In Q1 2026, Net Margin rose 685.0% year-over-year to 1.02%; the TTM figure through Jan 2026 stood at 0.48% (up 1442.0% YoY), while the FY2026 annual figure was 0.48%, up 1442.0% from the prior year.
  • Net Margin came in at 1.02% for Q1 2026 at Phreesia, down from 3.55% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 3.55% in Q4 2025 to a low of 80.88% in Q2 2022.
  • A 5-year average of 31.99% and a median of 32.26% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin slumped 6070 bps in 2022 and surged 3612 bps in 2023, its largest moves.
  • Phreesia's Net Margin stood at 54.95% in 2022, then jumped by 37 bps to 34.86% in 2023, then soared by 61 bps to 13.49% in 2024, then surged by 126 bps to 3.55% in 2025, then sank by 71 bps to 1.02% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 1.02%, 3.55%, and 0.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 29.21%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.06%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 19.57%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 18.66%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 13.15%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 13.80%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -8.93%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 0.61%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 3.68%
10 Phreesia 632.62 Mn 558.79 Mn 113.28 Mn 2.26%

Historic Data

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DateValue
Apr 30, 2026 2.26%
Jan 31, 2026 1.02%
Oct 31, 2025 3.55%
Jul 31, 2025 0.56%
Apr 30, 2025 -3.38%
Jan 31, 2025 -5.83%
Oct 31, 2024 -13.49%
Jul 31, 2024 -17.64%
Apr 30, 2024 -19.48%
Jan 31, 2024 -32.26%
Oct 31, 2023 -34.86%
Jul 31, 2023 -42.84%
Apr 30, 2023 -44.76%
Jan 31, 2023 -49.64%
Oct 31, 2022 -54.95%
Jul 31, 2022 -68.83%
Apr 30, 2022 -80.88%
Jan 31, 2022 -80.06%
Oct 31, 2021 -65.00%
Jul 31, 2021 -47.82%
Apr 30, 2021 -22.72%
Jan 31, 2021 -19.36%
Oct 31, 2020 -17.45%
Jul 31, 2020 -18.20%
Apr 30, 2020 -18.30%
Jan 31, 2020 -11.18%
Oct 31, 2019 -7.42%
Jul 31, 2019 -229.61%
Apr 30, 2019 -51.42%
Jan 31, 2019 -54.06%
Oct 31, 2018 -54.16%
Jul 31, 2018 -47.72%