---
schema_version: "secwatch.filing_event.v1"
accession: "0001412408-24-000038"
form_type: "8-K"
ticker: "PHR"
cik: "0001412408"
company_name: "Phreesia, Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:11:38.587020+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Phreesia Q4 rev $95M (+24% YoY), Adj EBITDA -$3.5M; forms India sub for in-sourcing

## Summary
- Q4 revenue $95.0M (+24% YoY); full-year revenue $356.3M (+27% YoY).
- Q4 net loss $30.6M (vs $38.0M); Adj EBITDA -$3.5M (vs -$17.6M) — strong margin improvement.
- FY2025 outlook: revenue $424-434M, Adj EBITDA $12-20M (narrowed upward from $10-20M).
- New wholly-owned subsidiary Phreesia India formed to in-source offshore services; expects ~2,400 headcount post-transition.
- Cash and equivalents $87.5M, down from $176.7M a year ago; borrowing capacity available.

## SEC filing metadata
- accession: 0001412408-24-000038
- form_type: 8-K
- ticker: PHR
- cik: 0001412408
- company_name: Phreesia, Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/0001412408-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/phr-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412408-24-000038
- JSON: https://secwatch.observer/filing/0001412408-24-000038.json
- Plain text: https://secwatch.observer/filing/0001412408-24-000038.txt

## Key facts
- Earnings Releases
  Phreesia, Inc. reported the fiscal year ended January 31, 2024 results: revenue $356.3 million, net income $136.9 million. Guidance reaffirmed.
  - Period: the fiscal year ended January 31, 2024
  - Revenue: $356.3 million
  - Net income: $136.9 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: year. • Cash and cash equivalents as of January 31, 2024 was $87.5 million, down $15.8 million from October 31, 2023. Fiscal Year Ended January 31, 2024 Highlights • Revenue was $356.3 million in fiscal year 2024, up 27% year-over-year. • AHSCs were 3,601 in fiscal year 2024, up 26% year-over-year. • Healthcare services revenue per AHSC was $72,215 in fiscal year 2024,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/0001412408-24-000038-index.htm
- Earnings Releases
  Phreesia, Inc. reported the fiscal quarter ended January 31, 2024 results: revenue $95.0 million, net income $30.6 million.
  - Period: the fiscal quarter ended January 31, 2024
  - Revenue: $95.0 million
  - Net income: $30.6 million
  - Result: reported results
  source text: relations website at ir.phreesia.com to view the Company's Q4 Fiscal Year 2024 Stakeholder Letter. Fiscal Fourth Quarter Ended January 31, 2024 Highlights • Total revenue was $95.0 million in the quarter, up 24% year-over-year. • Average number of healthcare services clients ("AHSCs") was 3,962 in the quarter, up 26% year-over-year. • Healthcare services revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412408/000141240824000038/0001412408-24-000038-index.htm

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