The earnings call reflects a predominantly positive sentiment driven by strategic acquisitions, significant revenue and income milestones, and promising product launches. Despite some challenges, such as flat revenue per client quarter-over-quarter and acquisition-related risks, the overall outlook remains optimistic.

Company Guidance

During Phreesia's second quarter fiscal year 2026 earnings call, several key metrics and guidance were provided. The company reported a total revenue of $117.3 million, marking a 15% increase year-over-year, and achieved a significant milestone by becoming net income positive with a net income of $700,000. Adjusted EBITDA rose to $22 million, reflecting a $16 million increase from the previous year, with an adjusted EBITDA margin of 19%. Operating cash flow was $14.8 million, up $3.8 million year-over-year, and free cash flow stood at $9.6 million, an increase of $6 million. The company maintained its revenue outlook for fiscal year 2026 at $472 to $482 million and updated its adjusted EBITDA outlook to $87 to $92 million. The acquisition of AccessOne for $160 million is expected to close in the third or early fourth quarter and contribute approximately $35 million in annualized revenue and $11 million in annualized adjusted EBITDA, expanding Phreesia's addressable market by about $6 billion.

Acquisition of AccessOne

Phreesia announced a definitive agreement to acquire AccessOne for $160 million, expected to expand their addressable market by $6 billion and strengthen their payment solutions offering.

First-Ever Positive Net Income

Phreesia achieved positive net income for the first time in its history, with a net income of $700,000.

Revenue Growth

Total revenue for the second quarter was $117.3 million, marking an increase of 15% year over year.

Increase in Adjusted EBITDA

Adjusted EBITDA was $22 million, an increase of $16 million year over year, with an adjusted EBITDA margin of 19%.

Expansion of Total Addressable Market (TAM)

The AccessOne acquisition and other initiatives are expected to increase Phreesia's TAM by approximately $24 billion, from $10 billion to $34 billion.

New AI Product Launches

Phreesia launched the Voice AI product, which has received positive feedback and is expected to drive opportunities in the network solutions business.

Phreesia (PHR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PHR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 03, 2025	2026 (Q3)	>-0.01 / -	-0.25	―	―	―
Sep 04, 2025	2026 (Q2)	-0.06 / 0.01	-0.31	103.23% (+0.32)
May 28, 2025	2026 (Q1)	-0.12 / -0.07	-0.35	80.00% (+0.28)
Mar 12, 2025	2025 (Q4)	-0.18 / -0.11	-0.56	80.36% (+0.45)
Dec 09, 2024	2025 (Q3)	-0.24 / -0.25	-0.58	56.90% (+0.33)
Sep 04, 2024	2025 (Q2)	-0.35 / -0.31	-0.68	54.41% (+0.37)
May 30, 2024	2025 (Q1)	-0.47 / -0.35	-0.7	50.00% (+0.35)
Mar 14, 2024	2024 (Q4)	-0.56 / -0.56	-0.72	22.22% (+0.16)
Dec 05, 2023	2024 (Q3)	-0.68 / -0.58	-0.76	23.68% (+0.18)
Sep 06, 2023	2024 (Q2)	-0.71 / -0.68	-0.89	23.60% (+0.21)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PHR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Sep 04, 2025	$31.21	$28.13	-9.87%
May 28, 2025	$24.95	$23.30	-6.61%
Mar 12, 2025	$23.80	$25.45	+6.93%
Dec 09, 2024	$21.63	$24.14	+11.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Phreesia (PHR) report earnings?

Phreesia (PHR) is schdueled to report earning on Dec 03, 2025, After Close (Confirmed).

What is Phreesia (PHR) earnings time?

Phreesia (PHR) earnings time is at Dec 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PHR EPS forecast?

PHR EPS forecast for the fiscal quarter 2026 (Q3) is >-0.01.

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