Phreesia (PHR) Operating Expenses (2018 - 2026)

Phreesia (PHR) reported Operating Expenses of $124.2 million for Q2 2026, up 4.16% on a YoY basis from $119.2 million in Q2 2025, and down 6.36% sequentially from $132.6 million in Q1 2026.

Phreesia (PHR) Operating Expenses (2018 - 2026) Analysis & Trends

Phreesia (PHR) has 9 years of Operating Expenses data on file, last reported at $124.2 million in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 4.16% year-over-year to $124.2 million; the trailing twelve-month figure through Apr 2026 stood at $492.2 million (up 3.29% YoY), and the FY2026 full-year result was $487.2 million, up 1.94% from the prior year.
  • Operating Expenses retreated to $124.2 million in Q2 2026, from $132.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $132.6 million in Q1 2026 to a low of $104.6 million in Q1 2022.
  • A 5-year average of $119.1 million and a median of $119.3 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 108.9% in 2022 and slipped 5.85% in 2025, its largest moves.
  • Tracing PHR's Operating Expenses over 5 years: stood at $112.9 million in 2022, then climbed by 9.52% to $123.7 million in 2023, then dropped by 2.44% to $120.6 million in 2024, then decreased by 3.36% to $116.6 million in 2025, then increased by 6.51% to $124.2 million in 2026.
  • Business Quant data shows PHR's Operating Expenses at $124.2 million in Q2 2026, $132.6 million in Q1 2026, and $116.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Phreesia 598.48 Mn 522.08 Mn 113.28 Mn 124.19 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 124.19 Mn
Jan 31, 2026 132.62 Mn
Oct 31, 2025 116.59 Mn
Jul 31, 2025 118.76 Mn
Apr 30, 2025 119.22 Mn
Jan 31, 2025 117.29 Mn
Oct 31, 2024 120.64 Mn
Jul 31, 2024 119.34 Mn
Apr 30, 2024 120.64 Mn
Jan 31, 2024 124.58 Mn
Oct 31, 2023 123.66 Mn
Jul 31, 2023 122.79 Mn
Apr 30, 2023 121.75 Mn
Jan 31, 2023 116.40 Mn
Oct 31, 2022 112.91 Mn
Jul 31, 2022 114.20 Mn
Apr 30, 2022 113.95 Mn
Jan 31, 2022 104.64 Mn
Oct 31, 2021 91.66 Mn
Jul 31, 2021 74.82 Mn