Phreesia (PHR) Research & Development (2018 - 2026)
Phreesia (PHR) recorded Research & Development of $27.57 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 5.8% from $29.27 million a year earlier and down 2.7% from the prior quarter.
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Analysis
Phreesia (PHR) Research & Development (2018 - 2026) Analysis & Trends
On a TTM basis, Phreesia's Research & Development came in at $116.28 million as of Jul 31, 2026, down 3.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $121.48 million, up 3.5% from FY2025.
- Annual Research & Development has increased for eight straight fiscal years, with a five-year compound annual growth rate of 40.0% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $117.36 million in FY2025 (+4.5%), $112.35 million in FY2024 (+23.1%), $91.24 million in FY2023 (+74.6%) and $52.27 million in FY2022 (+131.0%).
- The fiscal Q2 2027 figure is the lowest quarterly Research & Development since fiscal Q2 2024.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with an average decline of 0.1%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 175.3% in fiscal Q4 2022, against a decline of 11.0% in fiscal Q1 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $28.33 million (Q1 2027), $30.93 million (Q4 2026) and $29.45 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 51.85 Bn | 24.10 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 24.35 Bn | 21.12 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Ptc | 22.16 Bn | 20.98 Bn | 490.47 Mn | 115.71 Mn |
| 5 | Toast | 18.75 Bn | 11.42 Bn | 516.00 Mn | 109.00 Mn |
| 6 | Trimble | 14.23 Bn | 13.30 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Manhattan Associates | 13.47 Bn | 12.47 Bn | 168.33 Mn | 34.77 Mn |
| 8 | Costar | 13.32 Bn | 7.27 Bn | 728.00 Mn | 107.00 Mn |
| 9 | Bentley Systems | 11.81 Bn | 11.27 Bn | 336.74 Mn | 82.09 Mn |
| 10 | Phreesia | 731.71 Mn | 731.71 Mn | 110.19 Mn | 27.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 29.63 Mn |
| Oct 31, 2024 | 29.32 Mn |
| Jul 31, 2024 | 29.54 Mn |
| Apr 30, 2024 | 28.88 Mn |
| Jan 31, 2024 | 29.86 Mn |
| Oct 31, 2023 | 28.54 Mn |
| Jul 31, 2023 | 27.47 Mn |
| Apr 30, 2023 | 26.47 Mn |
| Jan 31, 2023 | 25.40 Mn |
| Oct 31, 2022 | 22.67 Mn |
| Jul 31, 2022 | 22.54 Mn |
| Apr 30, 2022 | 20.64 Mn |
| Jan 31, 2022 | 17.50 Mn |
| Oct 31, 2021 | 15.27 Mn |
API Access
Phreesia Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();