← Phreesia, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue: | $79.8m | $99.9m | $124.8m | $148.7m | $213.2m | $280.9m | $356.3m | $419.8m | $480.6m | $495.6m | |
| Cost of revenue (excluding depreciation and amortization) | $12.6m |
$15.1m
+20.24%
|
$16.8m
+11.43%
|
$23.5m
+39.39%
|
$42.7m
+81.87%
|
$58.9m
+38.14%
|
$61.0m
+3.53%
|
$66.2m
+8.52%
|
$71.4m
+7.76%
|
$159.4m
+123.35%
|
|
| Research and development | $11.4m | $14.3m | $18.6m | $22.6m | $52.3m | $91.2m | $112.3m | $117.4m | $121.5m | $118.0m | |
| Sales and marketing | $24.8m | $26.4m | $32.4m | $43.0m | $106.4m | $151.3m | $147.0m | $121.1m | $100.2m | — | |
| General and administrative | $18.8m | $20.1m | $30.5m | $40.5m | $68.7m | $80.4m | $79.9m | $76.6m | $79.9m | $81.9m | |
| Operating loss | ($14.6m) |
($9.5m)
+34.76%
|
($15.3m)
-61.13%
|
($25.7m)
-67.81%
|
($116.8m)
-355.05%
|
($176.6m)
-51.14%
|
($136.5m)
+22.70%
|
($58.1m)
+57.43%
|
($6.6m)
+88.62%
|
$3.4m
+151.78%
|
|
| Interest expense | — | — | — | — | — | — | ($1.9m) | ($2.3m) | ($7.0m) | $8.8m | |
| Interest income | ($3.6m) | ($3.5m) | ($2.4m) | — | — | — | $4.1m | $2.7m | $2.2m | $2.3m | |
| Other income, net | $602k | ($7k) | ($1.0m) | $1k | ($78k) | ($175k) | $44k | $2.0m | $3.0m | $2.1m | |
| Loss before income tax expense | ($18.2m) | ($15.1m) | ($22.1m) | ($27.2m) | ($118.0m) | ($175.7m) | ($135.3m) | ($55.8m) | ($8.9m) | — | |
| Income tax benefit (expense) | $0 | $0 | $1.8m | ($49k) | ($182k) | ($483k) | ($1.5m) | ($2.7m) | $11.2m | — | |
| Net income (loss) | ($18.2m) |
($15.1m)
+17.21%
|
($20.3m)
-34.73%
|
($27.3m)
-34.49%
|
($118.2m)
-332.95%
|
($176.1m)
-49.07%
|
($136.9m)
+22.29%
|
($58.5m)
+57.24%
|
$2.3m
+103.94%
|
$9.2m
+298.22%
|
|
| Net income (loss) per share attributable to common stockholders - basic (in dollars per share) | ($25) | ($25) | ($4) | ($1) | ($2) | ($3) | ($3) | ($1) | $0 | $9.2m | |
| Weighted-average common shares outstanding - basic (in shares) | — | — | 20.3m | 39.5m | 49.9m | 52.4m | 54.6m | 57.6m | 59.7m | — | |
| Weighted-average common shares outstanding - diluted (in shares) | — | — | 20.3m | 39.5m | 49.9m | 52.4m | 54.6m | 57.6m | 61.5m | — | |
| Payment solutions expense | $17.2m | $21.9m | $27.9m | $28.9m | $38.7m | $50.3m | $63.0m | $68.7m | $82.8m | — | |
| Depreciation | $6.8m | $7.6m | $8.8m | $9.8m | $15.0m | $18.0m | $17.6m | $14.2m | $13.0m | $13.4m | |
| Amortization | $2.8m | $4.0m | $5.2m | $6.1m | $6.3m | $7.3m | $11.9m | $13.7m | $18.5m | $21.2m | |
| Loss on extinguishment of debt | — | — | — | — | $0 | $0 | ($1.1m) | $0 | ($501k) | — | |
| Total expenses | $94.4m | $109.4m | $140.1m | $174.3m | $330.1m | $457.5m | $492.8m | $477.9m | $487.2m | $492.2m | |
| Total other (expense) income, net | ($3.6m) | ($5.6m) | ($6.8m) | ($1.6m) | ($1.2m) | $889k | $1.1m | $2.3m | ($2.3m) | — |