Phreesia (PHR) Operating Expenses (2018 - 2026)
Phreesia's (PHR) quarterly Operating Expenses came in at $121.8 million in Q3 2026, up 2.6% year-over-year from $118.8 million in Q3 2025, and down 1.88% quarter-over-quarter from $124.2 million in Q2 2026.
Analysis
Phreesia (PHR) Operating Expenses (2018 - 2026) Analysis & Trends
Phreesia has disclosed Operating Expenses across 9 years of filings, most recently posting $121.8 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 2.6% year-over-year to $121.8 million; the TTM figure through Jul 2026 stood at $495.3 million (up 4.06% YoY), while the FY2026 annual figure was $487.2 million, up 1.94% from the prior year.
- Operating Expenses came in at $121.8 million for Q3 2026 at Phreesia, down from $124.2 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.
- Average Operating Expenses over 5 years is $119.3 million, with a median of $119.3 million recorded in 2024.
- Year-over-year, Operating Expenses surged 108.9% in 2022 and dropped 5.85% in 2025.
- Over 5 years, 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 grew by 4.51% to $121.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $121.8 million in Q3 2026, $124.2 million in Q2 2026, and $132.6 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 420.93 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 243.63 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 99.28 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 163.00 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 134.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 73.98 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 58.35 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 176.78 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 75.41 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 121.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 121.85 Mn |
| 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 |