Phreesia (PHR) Operating Expenses (2018 - 2026)
Phreesia recorded quarterly Operating Expenses of $132.6 million in Q1 2026, up 13.75% quarter-over-quarter from $116.6 million in Q4 2025, and up 13.07% year-over-year from $117.3 million in Q1 2025.
Phreesia's Operating Expenses history runs 9 years deep, the most recent figure standing at $132.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.07% year-over-year to $132.6 million; the TTM figure through Jan 2026 stood at $487.2 million (up 1.94% YoY), while the FY2026 annual figure was $487.2 million, up 1.94% from the prior year.
- Operating Expenses came in at $132.6 million for Q1 2026 at Phreesia, up from $116.6 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 $118.8 million and a median of $119.2 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 108.9% in 2022 and dropped 5.85% in 2025, its largest moves.
- Phreesia's Operating Expenses stood at $112.9 million in 2022, then increased by 9.52% to $123.7 million in 2023, then fell by 2.44% to $120.6 million in 2024, then dropped by 3.36% to $116.6 million in 2025, then advanced by 13.75% to $132.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $132.6 million, $116.6 million, and $118.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Phreesia | 632.62 Mn | 558.79 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 |
| Apr 30, 2021 | 58.94 Mn |
| Jan 31, 2021 | 50.09 Mn |
| Oct 31, 2020 | 44.58 Mn |
| Jul 31, 2020 | 41.32 Mn |
| Apr 30, 2020 | 38.36 Mn |
| Jan 31, 2020 | 37.49 Mn |
| Oct 31, 2019 | 35.07 Mn |
| Jul 31, 2019 | 34.96 Mn |
| Apr 30, 2019 | 32.56 Mn |
| Jan 31, 2019 | 29.78 Mn |
| Oct 31, 2018 | 27.79 Mn |
| Jul 31, 2018 | 26.03 Mn |