Phreesia (PHR) Operating Expenses (2018 - 2026)
Phreesia (PHR) posted Operating Expenses of $124.2 million for Q2 2026, down 6.36% sequentially from $132.6 million in Q1 2026, and up 4.16% YoY from $119.2 million in Q2 2025.
Phreesia (PHR) Operating Expenses (2018 - 2026) Analysis & Trends
Phreesia has reported Operating Expenses for 9 years, with the latest figure at $124.2 million in Q2 2026.
- Quarterly Operating Expenses rose 4.16% year-over-year to $124.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $492.2 million (up 3.29% YoY) and the FY2026 annual result came in at $487.2 million, up 1.94% from the prior year.
- Operating Expenses retreated to $124.2 million in Q2 2026 per PHR's latest filing, from $132.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $132.6 million in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 108.9% in 2022, then declined 5.85% in 2025.
- Over 5 years, Operating Expenses stood at $112.9 million in 2022, then rose by 9.52% to $123.7 million in 2023, then retreated by 2.44% to $120.6 million in 2024, then declined by 3.36% to $116.6 million in 2025, then advanced by 6.51% to $124.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $124.2 million, $132.6 million, and $116.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | Phreesia | 758.43 Mn | 682.03 Mn | 113.28 Mn | 124.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |