Growth Metrics

Phreesia (PHR) Operating Margin (2018 - 2026)

Phreesia's Operating Margin history spans 9 years, with the latest figure at 4.37% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 257.0% to 4.37% in Q1 2026 year-over-year; TTM through Jan 2026 was 1.38%, a 1246.0% increase, with the full-year FY2026 number at 1.38%, up 1246.0% from a year prior.
  • Operating Margin hit 4.37% in Q1 2026 for Phreesia, down from 3.11% in the prior quarter.
  • Over the last five years, Operating Margin for PHR hit a ceiling of 3.11% in Q4 2025 and a floor of 80.34% in Q1 2022.
  • Historically, Operating Margin has averaged 32.39% across 5 years, with a median of 31.13% in 2024.
  • Biggest five-year swings in Operating Margin: tumbled -6054bps in 2022 and later soared 3465bps in 2023.
  • Tracing PHR's Operating Margin over 5 years: stood at 54.46% in 2022, then soared by 36bps to 34.98% in 2023, then surged by 63bps to 12.96% in 2024, then surged by 124bps to 3.11% in 2025, then plummeted by -241bps to 4.37% in 2026.
  • Business Quant data shows Operating Margin for PHR at 4.37% in Q1 2026, 3.11% in Q4 2025, and 1.29% in Q3 2025.