PHR - Phreesia, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$21.86
DETAILS
HIGH:
$33.00
LOW:
$9.00
MEDIAN:
$24.00
CONSENSUS:
$21.86
UPSIDE:
145.07%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 480.6 | 419.8 | 356.3 | 280.9 | 213.2 | 148.7 | 124.8 | 99.9 | 79.8 |
| Cost of Revenue | 186.1 | 134.9 | 124.0 | 109.3 | 81.4 | 52.4 | 44.7 | 37.0 | 29.8 |
| Gross Profit | 294.4 | 284.9 | 232.3 | 171.6 | 131.8 | 96.3 | 80.1 | 62.9 | 50.1 |
| Operating Expenses | |||||||||
| R&D Expenses | 121.5 | 117.4 | 112.3 | 91.2 | 52.3 | 22.6 | 18.6 | 14.3 | 11.4 |
| SG&A Expenses | 180.1 | 197.7 | 226.9 | 231.6 | 175.1 | 83.4 | 62.8 | 46.4 | 43.6 |
| Other Expenses | (9.8) | 27.9 | 29.5 | 25.3 | 21.3 | 15.9 | 13.9 | 11.6 | 9.6 |
| Operating Expenses | 291.8 | 343.0 | 368.8 | 348.2 | 248.7 | 122.0 | 95.4 | 72.4 | 64.6 |
| Operating Income | |||||||||
| Operating Income | 2.6 | (58.1) | (136.5) | (176.6) | (116.8) | (25.7) | (15.3) | (9.5) | (14.6) |
| Interest Expense | 7.0 | 2.3 | 1.9 | 1.4 | 1.2 | 1.7 | 3.0 | 3.5 | 3.6 |
| Interest Income | 2.2 | 2.7 | 4.1 | 2.5 | 0.1 | 0.1 | 0.6 | 0.0 | 0.0 |
| Profitability | |||||||||
| EBITDA | 29.5 | (25.6) | (102.9) | (145.5) | (92.3) | (7.6) | (5.1) | 2.1 | (4.9) |
| EBIT | (2.0) | (53.5) | (133.5) | (174.3) | (116.8) | (25.5) | (19.0) | (9.5) | (14.6) |
| Income Before Tax | (8.9) | (55.8) | (135.3) | (175.7) | (118.0) | (27.2) | (22.1) | (15.1) | (18.2) |
| Income Tax Expense | 11.2 | 2.7 | 1.5 | 0.5 | 0.2 | 0.0 | (1.8) | (2.1) | 0 |
| Net Income | 2.3 | (58.5) | (136.9) | (176.1) | (118.2) | (27.3) | (20.3) | (15.1) | (18.2) |
| Per Share Data | |||||||||
| EPS (Basic) | 0.04 | -1.02 | -2.51 | -3.36 | -2.37 | -0.69 | -1.00 | -8.16 | -11.82 |
| EPS (Diluted) | 0.04 | -1.02 | -2.51 | -3.36 | -2.37 | -0.69 | -1.00 | -8.16 | -11.82 |
| Shares Outstanding | 59.7 | 57.6 | 54.6 | 52.4 | 49.9 | 39.5 | 20.3 | 1.8 | 1.5 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 73.8 | 84.2 | 87.5 | 176.7 | 313.8 | 218.8 | 90.3 | 1.5 | 10.5 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 154.6 | 73.6 | 64.9 | 51.4 | 40.3 | 29.1 | 22.0 | 26.3 | 12.3 |
| Inventory | 0 | 0 | 0.8 | 1.1 | 1.6 | 8.9 | 6.9 | 1.7 | 1.6 |
| Other Current Assets | 51.4 | 34.1 | 32.5 | 25.9 | 21.7 | 15.5 | 13.3 | 1.7 | 8.7 |
| Total Current Assets | 279.8 | 203.3 | 195.7 | 262.4 | 386.3 | 272.3 | 131.5 | 32.9 | 36.0 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 23.6 | 25.1 | 17.2 | 22.2 | 37.0 | 29.3 | 14.5 | 14.2 | 13.2 |
| Goodwill | 170.1 | 75.8 | 75.8 | 33.7 | 33.6 | 8.3 | 0.2 | 0.3 | 0 |
| Intangible Assets | 79.8 | 80.9 | 77.8 | 46.6 | 30.4 | 13.2 | 9.9 | 9.3 | 6.7 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 1.2 | 1.6 | 0 | 0.1 |
| Other Non-Current Assets | 108.9 | 3.3 | 3.9 | 5.0 | 6.6 | 1.7 | 0.2 | 2.7 | 1.3 |
| Total Non-Current Assets | 383.9 | 185.1 | 174.6 | 107.6 | 108.1 | 54.4 | 27.2 | 26.4 | 21.2 |
| Total Assets | 663.8 | 388.4 | 370.3 | 370.1 | 494.5 | 326.7 | 158.8 | 59.3 | 57.1 |
| Current Liabilities | |||||||||
| Account Payables | 11.5 | 5.6 | 8.5 | 10.8 | 5.1 | 4.4 | 6.0 | 3.8 | 2.2 |
| Short-Term Debt | 2.7 | 1.2 | 1.1 | 0.2 | 0.2 | 4.9 | 2.3 | 0.1 | 1.2 |
| Deferred Revenue | 49.5 | 32.8 | 24.1 | 17.7 | 16.5 | 10.8 | 5.4 | 6.5 | 4.9 |
| Other Current Liabilities | 72.3 | 0.8 | 53.2 | 32.6 | 32.4 | 24.9 | 16.6 | 10.2 | 8.7 |
| Total Current Liabilities | 183.2 | 114.0 | 110.1 | 79.0 | 68.4 | 55.0 | 35.4 | 27.9 | 25.0 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 90 | 0.7 | 2.0 | 3.1 | 8.7 | 6.5 | 21.5 | 27.9 | 19.5 |
| Deferred Tax Liabilities | 4.5 | 0.5 | 0.3 | 1.4 | 2.7 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 45.6 | 0.2 | 2.9 | (3.1) | (8.7) | 0 | (2.1) | 212.0 | 179.7 |
| Total Non-Current Liabilities | 143.3 | 9.6 | 8.8 | 3.2 | 8.8 | 8.4 | 21.5 | 242.3 | 199.8 |
| Total Liabilities | 326.6 | 123.6 | 118.9 | 82.2 | 77.2 | 63.4 | 56.9 | 270.2 | 224.8 |
| Stockholders' Equity | |||||||||
| Common Stock | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | 0.4 | 0.0 | 0.0 |
| Retained Earnings | (799.2) | (801.5) | (743.0) | (606.1) | (429.9) | (311.8) | (284.5) | (211.0) | (167.7) |
| Accumulated Other Comprehensive Income | (0.4) | (0.1) | 0 | 0 | 0 | 0 | (158.8) | (27.9) | (20.3) |
| Total Stockholders' Equity | 337.2 | 264.8 | 251.4 | 287.8 | 417.3 | 263.3 | 101.9 | (211.0) | (167.7) |
| Total Liabilities & Equity | 663.8 | 388.4 | 370.3 | 370.1 | 494.5 | 326.7 | 158.8 | 59.3 | 57.1 |
| Debt Metrics | |||||||||
| Total Debt | 102.4 | 17.8 | 12.0 | 9.2 | 15.8 | 14.3 | 23.9 | 32.3 | 22.9 |
| Net Debt | 28.6 | (66.4) | (75.5) | (167.5) | (298.0) | (204.5) | (66.5) | 30.7 | 12.4 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 2.3 | (58.5) | (136.9) | (176.1) | (118.2) | (27.3) | (20.3) | (15.1) | (18.2) |
| Depreciation & Amortization | 31.5 | 27.9 | 29.5 | 25.3 | 21.3 | 15.9 | 13.9 | 11.6 | 9.6 |
| Stock-Based Compensation | 67.5 | 67.0 | 71.7 | 58.8 | 36.1 | 13.5 | 6.2 | 1.4 | 0.8 |
| Change in Working Capital | (14.1) | (6.5) | (1.6) | (3.9) | (18.6) | (4.1) | (5.8) | (3.5) | (6.3) |
| Other Non-Cash Items | 5.0 | 2.3 | 4.7 | 5.4 | 4.4 | 4.9 | 7.5 | 1.4 | 2.3 |
| Operating Cash Flow | 78.8 | 32.4 | (32.4) | (90.1) | (74.7) | 2.9 | 0.8 | (2.1) | (11.1) |
| Investing Activities | |||||||||
| Capital Expenditure | (11.1) | (24.1) | (25.1) | (26.2) | (30.8) | (18.6) | (12.3) | (9.8) | (12.0) |
| Acquisitions | (153.2) | 0 | (14.6) | 0 | (34.4) | (6.5) | 0 | (1.2) | 0 |
| Purchases of Investments | 15.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (13.3) | (15.4) | (19.3) | (21.5) | (12.4) | (7.3) | (5.3) | (5.1) | (5.4) |
| Investing Cash Flow | (161.9) | (24.1) | (39.7) | (26.2) | (65.2) | (25.1) | (12.3) | (11.0) | (12.0) |
| Financing Activities | |||||||||
| Net Debt Issuance | 83.2 | (7.8) | (6.8) | (5.7) | (4.3) | (25.2) | (11.2) | 4.0 | (1.1) |
| Stock Repurchased | 0 | 0 | (12.2) | (19.4) | (9.0) | (5.0) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | (15.0) | 0 | 0 |
| Other Financing Activities | (14.1) | (7.6) | 1.8 | (20.0) | 2.4 | 6.0 | (4.4) | 0.2 | (0.1) |
| Financing Cash Flow | 72.9 | (11.5) | (17.1) | (20.4) | 235.0 | 150.7 | 100.3 | 4.2 | 31.3 |
| Cash Position | |||||||||
| Net Change in Cash | (10.4) | (3.3) | (89.2) | (137.1) | 95.0 | 128.5 | 88.8 | (9.0) | 8.2 |
| Cash at Beginning | 84.2 | 87.5 | 176.7 | 313.8 | 218.8 | 90.3 | 1.5 | 10.5 | 2.3 |
| Cash at End | 73.8 | 84.2 | 87.5 | 176.7 | 313.8 | 218.8 | 90.3 | 1.5 | 10.5 |
| Free Cash Flow | 67.7 | 8.3 | (57.5) | (116.3) | (105.5) | (15.7) | (11.5) | (12.0) | (23.1) |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 480.6 | 419.8 | 356.3 | 280.9 | 213.2 | 148.7 | 124.8 | 99.9 | 79.8 |
| Gross Profit | 294.4 | 284.9 | 232.3 | 171.6 | 131.8 | 96.3 | 80.1 | 62.9 | 50.1 |
| Operating Income | 2.6 | (58.1) | (136.5) | (176.6) | (116.8) | (25.7) | (15.3) | (9.5) | (14.6) |
| Net Income | 2.3 | (58.5) | (136.9) | (176.1) | (118.2) | (27.3) | (20.3) | (15.1) | (18.2) |
| EPS (Diluted) | 0.04 | -1.02 | -2.51 | -3.36 | -2.37 | -0.69 | -1.00 | -8.16 | -11.82 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 73.8 | 84.2 | 87.5 | 176.7 | 313.8 | 218.8 | 90.3 | 1.5 | 10.5 |
| Total Assets | 663.8 | 388.4 | 370.3 | 370.1 | 494.5 | 326.7 | 158.8 | 59.3 | 57.1 |
| Total Debt | 102.4 | 17.8 | 12.0 | 9.2 | 15.8 | 14.3 | 23.9 | 32.3 | 22.9 |
| Stockholders' Equity | 337.2 | 264.8 | 251.4 | 287.8 | 417.3 | 263.3 | 101.9 | (211.0) | (167.7) |
| Cash Flow | |||||||||
| Operating Cash Flow | 78.8 | 32.4 | (32.4) | (90.1) | (74.7) | 2.9 | 0.8 | (2.1) | (11.1) |
| Capital Expenditure | (11.1) | (24.1) | (25.1) | (26.2) | (30.8) | (18.6) | (12.3) | (9.8) | (12.0) |
| Free Cash Flow | 67.7 | 8.3 | (57.5) | (116.3) | (105.5) | (15.7) | (11.5) | (12.0) | (23.1) |