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| 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 |