Phreesia (PHR) Operating Expenses (2018 - 2026)

For the trailing twelve months through Jul 31, 2026, Operating Expenses at Phreesia was $495.25 million, up 4.1% year-over-year; for FY2026 (ended Jan 31, 2026), it was $487.2 million, up 1.9% from FY2025.

• Annual Operating Expenses shows a five-year compound annual growth rate of 22.8% (FY2021 to FY2026).
• In prior fiscal years, Phreesia's Operating Expenses was $477.91 million in FY2025 (-3.0%), $492.78 million in FY2024 (+7.7%), $457.46 million in FY2023 (+38.6%) and $330.05 million in FY2022 (+89.3%).
• Quarterly Operating Expenses has run from a low of $91.66 million in fiscal Q3 2022 to a high of $132.62 million in fiscal Q4 2026 over five years.
• On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 0.8% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q4 2022, with growth of 108.9%; the weakest was fiscal Q4 2025, with a decline of 5.9%.
• According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $124.19 million (Q1 2027), $132.62 million (Q4 2026) and $116.59 million (Q3 2026).