Filing Flows › Phreesia (PHR) › Q2 FY27 › vs Q1 FY27
Phreesia (PHR) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Phreesia's revenue fell $1.5M (-1%) from $131M in Q1 FY27 to $129M in Q2 FY27. The biggest changes: Payment solutions −$3.5M (-8%); Network solutions +$2.0M (+6%); Subscription and related services −$26K (0%). Operating margin 5.9% against 5.2% (+0.7 pts).
Phreesia, Q2 FY27: revenue $129M (+10% year over year), operating margin 5.9%, net earnings $1.9M, operating cash flow $18.3M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Operating margin | 5.9% | 5.2% | +0.7 pts |
| Net margin | 1.5% | 2.3% | -0.8 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Subscription and related services | $52.7M | $52.7M | −$26K | 0% |
| Payment solutions | $38.5M | $41.9M | −$3.5M | -8% |
| Network solutions | $38.3M | $36.3M | $2.0M | +6% |
| Revenue | $129M | $131M | −$1.5M | -1% |
| Operating profit | $7.6M | $6.7M | $859K | +13% |
| Costs & expenses | $122M | $124M | −$2.3M | -2% |
| Pre-tax earnings | $3.2M | $4.7M | −$1.5M | -31% |
| Other expense, net | $4.4M | $2.0M | $2.3M | +116% |
| Cost of revenue | $19.3M | $17.7M | $1.6M | +9% |
| Research & development | $27.6M | $28.3M | −$757K | -3% |
| Sales & marketing | $24.6M | $24.2M | $378K | +2% |
| General & admin | $16.5M | $18.4M | −$1.8M | -10% |
| Other operating costs | $33.9M | $35.6M | −$1.7M | -5% |
| Net earnings | $1.9M | $3.0M | −$1.0M | -35% |
| Income tax | $1.3M | $1.8M | −$439K | -25% |
| Operating cash sources | $23.8M | $26.5M | −$2.7M | -10% |
| Depreciation & amortization | $10.0M | $10.0M | $41K | +0.4% |
| Share-based compensation | $11.9M | $13.6M | −$1.7M | -12% |
| Working capital & other | $5.5M | $2.5M | $2.9M | +114% |
| Operating cash flow | $18.3M | $23.9M | −$5.6M | -23% |
Questions
How much did Phreesia's revenue grow quarter over quarter in Q2 FY27?
Phreesia's revenue fell $1.5M (-1%) from $131M in Q1 FY27 to $129M in Q2 FY27.
What drove Phreesia's revenue change in Q2 FY27?
Payment solutions −$3.5M (-8%); Network solutions +$2.0M (+6%); Subscription and related services −$26K (0%).