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Phreesia Reports 10% Revenue Growth to $129.5M in Fiscal Q2 2027

Phreesia posted a 10% revenue increase to $129.5 million in fiscal Q2 2027, maintaining full-year guidance and achieving its fifth straight quarter of positive net income.

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Phreesia reported solid Q2 fiscal 2027 results with revenue growth, profitability expansion, positive cash flow, and maintained full-year guidance.

🎯 Key Takeaways

  • Revenue grew 10% year-over-year to $129.5 million, with adjusted EBITDA reaching $32.9 million.
  • The company reduced debt principal by over $23 million while maintaining positive free cash flow for the ninth consecutive quarter.
  • Full-year fiscal 2027 revenue guidance remains unchanged at $510 million to $520 million.

📝 Executive Summary

Phreesia delivered a solid second quarter for fiscal 2027, posting $129.5 million in revenue, a 10% year-over-year increase. The company maintained its full-year revenue guidance of $510 million to $520 million while achieving its fifth consecutive quarter of positive net income. Management highlighted strong operational leverage and successful debt reduction of over $23 million during the period.

❓ FAQ

How did Phreesia perform financially in the second quarter of fiscal 2027?

Phreesia reported $129.5 million in revenue, representing 10% year-over-year growth, and achieved $32.9 million in adjusted EBITDA with a 25% margin.