Company: PHR
Filing Date: 2025-09-05
Form Type: 10-Q
Source: 0001412408-25-000062
Chunk: 182

Company: Phreesia, Inc.
Filing Date: 2025-09-05
Form: 10-Q
Item: Part I, Item 8
Chunk 182
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% 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% ChangeOther income (expense), net$336 $(86)$422 (491)%

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Other income (expense), net was income of $0.3 million for the three months ended July 31, 2025 as compared to expense of $0.1 million for the three months ended July 31, 2024. Other income (expense), net is comprised primarily of foreign exchange gains and losses due to changes in rates and other miscellaneous income (expense).

 Six months endedJuly 31, ($ in thousands)20252024$ Change% ChangeOther income (expense), net$674 $(117)$791 (676)%

Other income (expense), net was income of $0.7 million for the six months ended July 31, 2025 as compared to expense of $0.1 million for the six months ended July