Company: PHR
Filing Date: 2025-09-05
Form Type: 10-Q
Source: 0001412408-25-000062
Chunk: 111

Company: Phreesia, Inc.
Filing Date: 2025-09-05
Form: 10-Q
Item: Part I, Item 1
Chunk 111
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 Additionally, the measure of segment profit for the Technology solutions segment is equal to the Company’s net income (loss) presented on the accompanying consolidated statements of operations.The following table presents the Company’s segment revenue, segment profit (loss), significant segment expenses, and other segment items, as well as a reconciliation from segment profit (loss) to consolidated net income (loss).Three months endedJuly 31,Six months endedJuly 31,2025202420252024Revenue$117,255 $102,115 $233,191 $203,332 Labor costs (1)47,19857,45597,190115,480Payment processing expense20,24316,66841,67134,965Third-party non-labor operating expenses27,68221,46351,38242,265Stock-based compensation16,23016,44833,45533,288Other segment items5,2488,09312,75315,068Segment net income (loss)$654 $(18,012)$(3,260)$(37,734)

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Reconciliation of profit or lossAdjustments and reconciling items$— $— $— $— Consolidated net income (loss)$654 $(18,012)$(3,260)$(37,734)(1) Excludes stock-based compensation expense which is presented separately Other segment items include depreciation and amortization, interest income, net, income tax benefit (expense) and other income (expense), net.The total segment assets for the Technology solutions segment are equal to the total assets presented on the accompanying consolidated balance sheets. The following table presents other quantitative segment disclosures for the three and six months ended July 31, 2025 and 2024, respectively.Three months endedJuly 31,Six months endedJuly 31,2025202420252024Depreciation and amortization$7,409 $7,303 $14,287 $13,976 Interest income, net$608 $46 $378 $285 Income tax benefit (expense)$1,217 $(750)$482 $(1,260)Expenditures for long-lived assets$6,321 $6,797 $13,376 $13,733 

16. Derivative instruments and hedging activities

Cash Flow HedgesDuring the six months ended July 31, 2025, the Company entered into a foreign currency forward contract to buy