Phreesia (PHR) Operating Expenses (2018 - 2026)

Phreesia's (PHR) quarterly Operating Expenses came in at $124.2 million in Q2 2026, up 4.16% year-on-year from $119.2 million in Q2 2025, and down 6.36% quarter-over-quarter from $132.6 million in Q1 2026.

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

Phreesia has disclosed Operating Expenses across 9 years of filings, most recently posting $124.2 million for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $124.2 million, up 4.16% year-over-year; the trailing twelve-month figure through Apr 2026 was $492.2 million (up 3.29% YoY), and the FY2026 annual result was $487.2 million, up 1.94% from the prior year.
  • Operating Expenses came in at $124.2 million for Q2 2026 at Phreesia, down 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.
  • The 5-year median for Operating Expenses is $119.3 million (2024), against an average of $119.1 million.
  • Across the five-year window, Operating Expenses jumped 108.9% in 2022 and slipped 5.85% in 2025, its largest moves.
  • Phreesia's Operating Expenses stood at $112.9 million in 2022, then grew by 9.52% to $123.7 million in 2023, then declined by 2.44% to $120.6 million in 2024, then slipped by 3.36% to $116.6 million in 2025, then rose by 6.51% to $124.2 million in 2026.
  • The last three Operating Expenses figures came in at $124.2 million (Q2 2026), $132.6 million (Q1 2026), and $116.6 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Phreesia 569.84 Mn 493.44 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