Company: PHR
Filing Date: 2025-09-05
Form Type: 10-Q
Source: 0001412408-25-000062
Chunk: 127

Company: Phreesia, Inc.
Filing Date: 2025-09-05
Form: 10-Q
Item: Part I, Item 1
Chunk 127
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 decrease in labor costs and a $0.5 million decrease in other third-party costs.

Stock compensation incurred related to general and administrative expense was $12.9 million and $12.5 million for the six months ended July 31, 2025 and 2024, respectively.

Depreciation Three months endedJuly 31, ($ in thousands)20252024$ Change% ChangeDepreciation$3,279 $3,921 $(642)(16)%

Depreciation expense decreased $0.6 million to $3.3 million for the three months ended July 31, 2025, as compared to $3.9 million for the three months ended July 31, 2024. The decrease was primarily attributable to lower computer equipment depreciation.

 Six months endedJuly 31, ($ in thousands)20252024$ Change% ChangeDepreciation$6,265 $7,445 $(1,180)(16)%

Depreciation expense decreased $1.2 million to $6.3 million for the six months ended July 31, 2025, as compared to $7.4 million for the six months ended July 31, 2024. The decrease was primarily attributable to lower computer equipment depreciation.

Amortization Three months endedJuly 31, ($ in thousands)20252024$ Change% ChangeAmortization$4,130 $3,382 $748 22 %

Amortization expense increased $0.7 million to $4.1 million for the three months ended July 31, 2025 as compared to $3.4 million for the three months ended July 31, 2024. The increase was primarily driven by higher amortization of capitalized internal-use software development costs.

 Six months endedJuly 31, ($ in thousands)20252024$ Change% ChangeAmortization$8,022 $6,531 $1,491 23 %

Amortization expense increased $1.5 million to $8.0 million for the six months ended July 31, 2025 as compared to $6.5 million for the six months ended July 31, 2024. The increase was primarily driven by higher amortization of capitalized internal-use software development costs.

Other income (expense), net Three months endedJuly 31, ($ in thousands)20252024$ Change%