Phreesia Q1 FY2027: Revenue $130.9M (+13% YoY), net income $3.0M; restructuring cuts ~200 positions

Phreesia, Inc.

Total revenue $130.9M (+13% YoY); net income $3.0M vs net loss $3.9M YoY; adjusted EBITDA $30.5M.
Payment solutions revenue up 40% (AccessOne contributed 33%); network solutions up 15%; subscription down 3%.
AHSCs 4,708 (+7% YoY); revenue per AHSC $27,811 (+6% YoY); total managed payments $1.786B.
Post-quarter restructuring eliminated ~100 internal + ~100 contractor roles; savings reflected in FY2027 outlook.
New $275M Capital One revolver maturing 2031 replaced prior Credit and Bridge facilities; AccessOne facility expanded to $300M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Phreesia, Inc. reported fiscal first quarter ended April 30, 2026 results: revenue $130.9 million, net income $3.0 million.

Period: fiscal first quarter ended April 30, 2026
Revenue: $130.9 million
Net income: $3.0 million
Result: reported results

Exact text from the filing

Fiscal First Quarter Ended April 30, 2026 Highlights • Total revenue was $130.9 million in the quarter, up 13% year-over-year. • Average number of healthcare services clients ("AHSCs") was 4,708 in the quarter, up 7% year-over-year. • Total revenue per AHSC was $27,811 in the quarter, up 6% year-over-year. See "Key Metrics" below for additional information. • Net income was $3.0 million in the quarter, as compared to net loss of $3.9 million in the same period in the prior year.

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Phreesia, Inc. filing history →

Source: SEC EDGAR

accession 0001412408-26-000166

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