Phreesia, Inc. (PHR) Earnings Call Transcripts

Phreesia, Inc.'s Latest Earnings Call - Q1 FY2027

In the first quarter of fiscal 2027, Phreesia, Inc. reported revenue of $130.9 million, reflecting a 13% year-over-year increase, driven primarily by a 40% growth in Payment Solutions. The company achieved net income of $3 million, marking a significant turnaround from a net loss of $3.9 million in the prior year. Management maintained its fiscal year 2027 revenue guidance of $510 million to $520 million, indicating confidence in continued growth despite some caution regarding Network Solutions spending in the second half of the year.

Reported metrics

Guidance from management

Phreesia maintained its fiscal year 2027 revenue outlook of $510 million to $520 million and adjusted EBITDA guidance of $125 million to $135 million, indicating confidence in operational leverage despite market variability.

What management said

Yes. So in terms of just products, I mean, look, there's a lot of work and effort similar to AccessOne, I think entering the HCP space has been something people at Phreesia have been working on for many, many years. So we're very excited to get this launched and get it off the ground. There -- I think you should assume we're always thinking about other opportunities to engage with the provider directly, Jeff. But I t...

*Yes. Thanks, Steve. There's -- I mean, we called that out last year. And obviously, when it impacts this year from a year-over-year comp. There's always like a couple of million bucks in the related services component. It was just more pronounced last year and impact of the comps this year. But there's nothing else. I think if you looked over our 28 quarters of being public, I think we've called out related services...

What analysts pressed on

Analysts expressed concerns regarding the lower-than-expected spending from Network Solutions clients, which could impact revenue forecasts for the second half of the fiscal year. There was also discussion about the potential impact of the restructuring plan on future margins and growth.

Main topics on the call

• Revenue Growth in Payment Solutions — Phreesia's Payment Solutions revenue surged by 40% year-over-year, significantly contributing to the overall revenue growth of 13%. Balaji Gandhi noted, "The prior year period included no contribution from AccessOne as t...
• Maintained Fiscal Year Guidance — Management reiterated its revenue guidance for fiscal year 2027, expecting revenue between $510 million and $520 million. This consistency suggests confidence in the company's growth trajectory despite potential headwind...
• AccessOne Integration and Expansion — The integration of AccessOne is progressing well, with management expressing optimism about its potential to enhance client retention and cash flow. Balaji Gandhi stated, "We think the value proposition with AccessOne......
• Concerns Over Network Solutions Spending — Management indicated that Network Solutions clients are committing lower spend levels than anticipated for the second half of fiscal 2027, which introduces variability in revenue forecasting. They clarified, "We do not b...

Read the full Phreesia, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Phreesia, Inc. earnings call transcripts on record, spanning April 23, 2020 to May 27, 2026. Based on this history, Phreesia, Inc. reports quarterly. The most recent call on file is dated May 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PHR

Exchange

NYSE

Country

US

Sector

Health Care

Industry

Health Care Technology

Calls on record

27

First call

April 23, 2020

Most recent

May 27, 2026

Reporting cadence

quarterly