Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 291

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 2
Chunk 291
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 primarily of other miscellaneous income (expense) and foreign exchange gains and losses due to changes in rates.

Interest income, net

 Three months endedOctober 31, ($ in thousands)20252024$ Change% ChangeInterest income, net$380 $26 $354 1362 %

Interest income, net was income of $0.4 million for the three months ended October 31, 2025, as compared to income of less than $0.1 million for the three months ended October 31, 2024. The increase is primarily attributable to interest received during the three months ended October 31, 2025.

 Nine months endedOctober 31, ($ in thousands)20252024$ Change% ChangeInterest income, net$758 $311 $447 144 %

Interest income, net was income of $0.8 million for the nine months ended October 31, 2025, as compared to income of $0.3 million for the nine months ended October 31, 2024. The increase is primarily attributable to interest received during the nine months ended October 31, 2025.

Income tax expense Three months endedOctober 31, ($ in thousands)20252024$ Change% ChangeIncome tax expense$(854)$(442)$(412)93 %

Income tax expense increased to $0.9 million for the three months ended October 31, 2025, as compared to $0.4 million for the three months ended October 31, 2024. The increase in income tax expense relates primarily to an increase in Canadian and Indian income tax expense.

 Nine months endedOctober 31, ($ in thousands)20252024$ Change% ChangeIncome tax expense$(372)$(1,702)$1,330 (78)%

Income tax expense decreased to $0.4 million for the nine months ended October 31, 2025, as compared to $1.7 million for the nine months ended October 31, 2024. The decrease in income tax expense relates primarily to a deferred tax benefit recognized as a discrete item during the nine months ended October 31, 2025.

Non-GAAP financial measures

Adjusted EBITDA is a supplemental measure of our performance that is not required by, or presented in accordance with, GAAP. Adjusted EBITDA is not a measurement of our financial performance under GAAP and should not