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Phreesia PHR Gross margin

Gross margin at other companies

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75%-0.5pp
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73.2%-0.9pp
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CorvelCRVL
24.3%+0.9pp
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
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ExlService HoldingsEXLS
38.5%+0.6pp
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
20.2%+4.9pp

Other financials

Income statement

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Revenue$130.9M+12.9%
Gross profit$113.3M+14.1%
Operating income$6.7M+305%
Net income$3.0M+176%
EPS (diluted)$0.05+171%

Balance sheet

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Cash & equivalents$73.8M-12.3%
Total debt$98.3M+242%
Total equity$359.1M+27.3%
Total assets$666.1M+66.4%

Cash flow

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Operating cash flow$23.9M+61.1%
CapEx$4.3M+23.0%
Free cash flow$19.6M+72.9%

Valuation

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Market cap$564.34M-63.8%
P/E61.5×
P/S1.1×-2.5×

Profitability

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Operating margin0.7%+0.4pp
Net margin1.9%+1.0pp
FCF margin15.3%+6.9pp

Returns & leverage

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Return on equity2.9%+1.5pp
Debt / equity0.3×+0.2×
Current ratio1.8×-0.2×

Where this comes from

Calculated from Phreesia’s reported figures.

Based on trailing twelve months.

The official record: Phreesia’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phreesia's gross margin?
Phreesia (PHR) reported gross margin of 85.4% in Q1 2026.
How has Phreesia's gross margin changed year-over-year?
Phreesia's gross margin increased by 1.0% year-over-year, from 84.5% to 85.4%.
What is the long-term trend for Phreesia's gross margin?
Over 5 years (2021 to 2026), Phreesia's gross margin has grown at a 0.2% compound annual growth rate (CAGR), from 84.2% to 85.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.