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Phreesia PHR Subscription and Related Services — Lease income

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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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Gross margin85.4%+0.8pp
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

Reported directly by Phreesia in its filing.

Tagged under the XBRL concept us-gaap:LeaseIncome.

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 subscription and related services — lease income?
Phreesia (PHR) reported subscription and related services — lease income of $2.07M in Q1 2026.
How has Phreesia's subscription and related services — lease income changed year-over-year?
Phreesia's subscription and related services — lease income decreased by 14.3% year-over-year, from $2.42M to $2.07M.
What is the long-term trend for Phreesia's subscription and related services — lease income?
Over 4 years (2022 to 2026), Phreesia's subscription and related services — lease income has grown at a 8.8% compound annual growth rate (CAGR), from $6.49M to $9.1M.
What does subscription and related services — lease income mean?
This metric represents the revenue generated from leasing arrangements associated with the company's subscription and related services segment. It reflects income derived from the rental or usage of hardware and equipment provided to healthcare clients as part of the broader software-as-a-service platform ecosystem. Monitoring this figure helps investors assess the contribution of hardware-related leasing to the overall recurring revenue model.