---
schema_version: "secwatch.filing_event.v1"
accession: "0001412408-23-000123"
form_type: "8-K"
ticker: "PHR"
cik: "0001412408"
company_name: "Phreesia, Inc."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:19:10.609979+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Phreesia reports Q2 FY2024 revenue $85.8M (+26% YoY); raises EBITDA outlook

## Summary
- Revenue $85.8M vs $67.9M YoY (+26%); AHSCs 3,445 (+24% YoY).
- Net loss $36.8M vs $46.7M YoY; adjusted EBITDA -$11.5M vs -$26.0M YoY.
- Raises FY2024 adj. EBITDA outlook to -$54M to -$49M from -$60M to -$55M; revenue outlook unchanged $353M-$356M.
- Acquired MediFind for ~$9M in June and Access eForms for $38.4M in August.
- Payment processing revenue $23M (+21% YoY); take rate 2.91%, payment facilitator volume 82%.

## SEC filing metadata
- accession: 0001412408-23-000123
- form_type: 8-K
- ticker: PHR
- cik: 0001412408
- company_name: Phreesia, Inc.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000123/0001412408-23-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000123/phr-20230906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412408-23-000123
- JSON: https://secwatch.observer/filing/0001412408-23-000123.json
- Plain text: https://secwatch.observer/filing/0001412408-23-000123.txt

## Key facts
- Earnings Releases
  Phreesia, Inc. reported fiscal quarter ended July 31, 2023 results: revenue $85.8 million, net income Net loss was $36.8 million. Guidance reaffirmed.
  - Period: fiscal quarter ended July 31, 2023
  - Revenue: $85.8 million
  - Net income: Net loss was $36.8 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: relations website at ir.phreesia.com to view the Company's Q2 Fiscal Year 2024 Stakeholder Letter. Fiscal Second Quarter Ended July 31, 2023 Highlights • Total revenue was $85.8 million in the quarter as compared to $67.9 million in the same period in the prior year, an increase of 26%. • Average number of healthcare services clients ("AHSCs") was 3,445 in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000123/0001412408-23-000123-index.htm
- Earnings Releases
  Phreesia, Inc. updated its fiscal year 2024 ending January 31, 2024 guidance (reaffirmed).
  - Period: fiscal year 2024 ending January 31, 2024
  - Guidance: reaffirmed
  - Result: guidance update
  source text: We are maintaining our revenue outlook for the full fiscal year 2024 ending January 31, 2024 at between $353 million and $356 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240823000123/0001412408-23-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.