NYSE$PHR
Phreesia Inc · Q2 2027 earnings
Q2 2027 earnings · · After market close · Investor relations
Briefing
Phreesia reported solid Q2 fiscal 2027 results with 10% revenue growth and expanded profitability while generating positive free cash flow.
Total revenue reached $129.5 million for the quarter ended July 31, 2026, driven by growth in payment solutions and network solutions. The company achieved net income of $1.9 million and Adjusted EBITDA of $32.9 million, alongside free cash flow of $13.8 million used in part to reduce debt. Management maintained full-year fiscal 2027 guidance and highlighted contributions from the AccessOne acquisition and AI initiatives.
- Revenue grew 10% year-over-year to $129.5 million, with AHSCs up 6% to 4,744 and revenue per AHSC up 4% to $27,289.
- Net income increased to $1.9 million from $0.7 million, while Adjusted EBITDA rose to $32.9 million from $22.1 million year-over-year.
- Free cash flow reached $13.8 million, supporting a $23 million reduction in debt principal and ending cash of $74.6 million.
- Fiscal 2027 outlook maintained at $510-520 million revenue and $125-135 million Adjusted EBITDA, with mid-single-digit AHSC growth expected.
Headline financials
Revenue & EPS history
Phreesia · Revenue · Quarterly
$129M
Revenue by segment
Phreesia · $129M total across 3 segments · Q2 2027
- Subscription and related services$52.7M—40.7%
- Payment solutions$38.5M—29.7%
- Network solutions$38.3M—29.6%
Forward guidance
Fiscal 2027 revenue outlook maintained at $510-520 million and Adjusted EBITDA at $125-135 million, assuming mid-single-digit AHSC growth and low-single-digit revenue per AHSC growth.
Tailwinds
- AccessOne expected to contribute approximately $37 million in revenue.
- Restructuring plan expected to deliver meaningful annualized expense savings.
- Continued positive operating and free cash flow generation.
Headwinds
- Increased variability in network solutions revenue forecasting for the second half of the fiscal year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports
-1.6%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+2.0%
Avg return
30 days after
54%
15 / 28 earnings
Positive
+21.4%
Q2 2023
Best reaction
-26.3%
Q4 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2027 | — | — | — | |
| Q4 2026 | -26.3% | -1.1% | — | |
| Q1 2027 | +2.3% | +13.3% | — | |
| Q3 2026 | -22.8% | -19.2% | -16.0% | |
| Q2 2026 | -9.8% | -18.8% | -25.4% | |
| Q1 2026 | -6.6% | -0.2% | +14.2% | |
| Q4 2025 | +6.9% | +14.6% | +1.1% | |
| Q3 2025 | +11.1% | +14.8% | +30.8% | |
| Q2 2025 | +7.9% | +0.5% | -6.8% | |
| Q1 2025 | -13.3% | -14.7% | -2.9% | |
| Q4 2024 | +1.7% | -0.7% | +1.0% | |
| Q3 2024 | +17.8% | +18.8% | +45.2% | |
| Q2 2024 | -21.2% | -27.1% | -39.1% | |
| Q1 2024 | +3.6% | +10.3% | +4.0% | |
| Q4 2023 | -13.5% | -10.0% | -5.7% | |
| Q3 2023 | +18.7% | +34.8% | +20.0% | |
| Q2 2023 | +21.4% | +28.2% | +4.9% | |
| Q1 2023 | +11.9% | +17.5% | +40.1% | |
| Q4 2022 | -11.9% | +1.3% | -23.6% | |
| Q3 2022 | -20.2% | -20.9% | -32.9% | |
| Q2 2022 | -12.4% | -6.2% | -15.4% | |
| Q1 2022 | +6.6% | +12.7% | +24.2% | |
| Q4 2021 | +2.5% | +8.4% | +3.3% | |
| Q3 2021 | +7.3% | +18.1% | +16.2% | |
| Q2 2021 | -3.2% | -9.2% | +3.5% | |
| Q1 2021 | -6.7% | -10.5% | -13.1% | |
| Q4 2020 | +4.2% | +18.1% | +30.6% | |
| Q3 2020 | -1.0% | -8.8% | -6.9% | |
| Q2 2020 | +0.2% | +7.3% | +1.2% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — |
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