Phreesia PHR
NYSE PHR
$10.92 -0.21 (-1.89%)
At close: Sep 4, 2026 · 4:00 PM EDT

Phreesia (PHR) Research & Development (2018 - 2026)

Phreesia's (PHR) quarterly Research & Development came in at $27.6 million in Q3 2026, down 5.82% year-over-year from $29.3 million in Q3 2025, and down 2.67% quarter-over-quarter from $28.3 million in Q2 2026.

Analysis

Phreesia (PHR) Research & Development (2018 - 2026) Analysis & Trends

Phreesia has disclosed Research & Development across 9 years of filings, most recently posting $27.6 million for Q3 2026.

  • In Q3 2026, Research & Development fell 5.82% year-over-year to $27.6 million; the TTM figure through Jul 2026 stood at $116.3 million (down 3.13% YoY), while the FY2026 annual figure was $121.5 million, changed 0.29% from the prior year.
  • Research & Development came in at $27.6 million for Q3 2026 at Phreesia, down from $28.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $40.0 million in Q2 2022 to a low of $27.6 million in Q3 2026.
  • Average Research & Development over 5 years is $33.4 million, with a median of $32.0 million recorded in 2024.
  • Year-over-year, Research & Development soared 187.11% in 2022 and slipped 19.54% in 2025.
  • Over 5 years, Research & Development stood at $36.6 million in 2022, then fell by 0.42% to $36.5 million in 2023, then retreated by 17.56% to $30.1 million in 2024, then decreased by 2.06% to $29.5 million in 2025, then decreased by 6.39% to $27.6 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $27.6 million in Q3 2026, $28.3 million in Q2 2026, and $30.9 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 222.92 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 50.38 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 45.05 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 52.99 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 33.72 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 41.00 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 14.98 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 81.99 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 13.58 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 27.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 27.57 Mn
Apr 30, 2026 28.33 Mn
Jan 31, 2026 30.93 Mn
Oct 31, 2025 29.45 Mn
Jul 31, 2025 29.27 Mn
Apr 30, 2025 31.83 Mn
Jan 31, 2025 28.86 Mn
Oct 31, 2024 30.07 Mn
Jul 31, 2024 30.18 Mn
Apr 30, 2024 32.01 Mn
Jan 31, 2024 35.87 Mn
Oct 31, 2023 36.48 Mn
Jul 31, 2023 37.24 Mn
Apr 30, 2023 37.41 Mn
Jan 31, 2023 36.26 Mn
Oct 31, 2022 36.63 Mn
Jul 31, 2022 38.34 Mn
Apr 30, 2022 40.03 Mn
Jan 31, 2022 37.21 Mn
Oct 31, 2021 32.04 Mn