Filing Flows › Phreesia (PHR) › Q1 FY27 › vs Q1 FY26
Phreesia (PHR) Q1 FY27 vs Q1 FY26 (year over year)
Phreesia's revenue rose $15.0M (+13%) from $116M in Q1 FY26 to $131M in Q1 FY27. The biggest changes: Payment solutions +$12.0M (+40%); Network solutions +$4.6M (+15%); Subscription and related services −$1.6M (-3%). Operating margin 5.2% against -2.8% (+8.0 pts).
Phreesia, Q1 FY27: revenue $131M (+13% year over year), operating margin 5.2%, net earnings $3.0M, operating cash flow $23.9M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 5.2% | -2.8% | +8.0 pts |
| Net margin | 2.3% | -3.4% | +5.6 pts |
| Free cash flow margin | 15.0% | 9.8% | +5.2 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Subscription and related services | $52.7M | $54.4M | −$1.6M | -3% |
| Payment solutions | $41.9M | $29.9M | $12.0M | +40% |
| Network solutions | $36.3M | $31.7M | $4.6M | +15% |
| Revenue | $131M | $116M | $15.0M | +13% |
| Operating profit | $6.7M | −$3.3M | $10.0M | — |
| Costs & expenses | $124M | $119M | $5.0M | +4% |
| Pre-tax earnings | $4.7M | −$3.2M | $7.9M | — |
| Other expense, net | $2.0M | −$108K | $2.1M | — |
| Cost of revenue | $17.7M | $16.6M | $1.0M | +6% |
| Research & development | $28.3M | $31.8M | −$3.5M | -11% |
| Sales & marketing | $24.2M | $26.0M | −$1.8M | -7% |
| General & admin | $18.4M | $16.4M | $2.0M | +12% |
| Other operating costs | $35.6M | $28.3M | $7.3M | +26% |
| Net earnings | $3.0M | −$3.9M | $6.9M | — |
| Income tax | $1.8M | $735K | $1.0M | +139% |
| Depreciation & amortization | $10.0M | $6.9M | $3.1M | +45% |
| Share-based compensation | $13.6M | $17.2M | −$3.7M | -21% |
| Working capital & other | $2.5M | $5.3M | −$2.8M | -52% |
| Operating cash flow | $23.9M | $14.8M | $9.1M | +61% |
| Free cash flow (OCF − capex) | $19.6M | $11.3M | $8.3M | +73% |
| Capital expenditures | $4.3M | $3.5M | $806K | +23% |
Questions
How much did Phreesia's revenue grow year over year in Q1 FY27?
Phreesia's revenue rose $15.0M (+13%) from $116M in Q1 FY26 to $131M in Q1 FY27.
What drove Phreesia's revenue change in Q1 FY27?
Payment solutions +$12.0M (+40%); Network solutions +$4.6M (+15%); Subscription and related services −$1.6M (-3%).