Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 133

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 1
Chunk 133
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 October 31, 2024. The decrease resulted primarily from a $19.5 million decrease in labor costs, partially offset by a $2.8 million increase in other third-party sales and marketing costs.

Stock compensation incurred related to sales and marketing expense was $14.7 million and $16.5 million for the nine months ended October 31, 2025 and 2024, respectively.

Research and development Three months endedOctober 31, ($ in thousands)20252024$ Change% ChangeResearch and development$29,453 $29,315 $138 — %

Research and development expense increased $0.1 million to $29.5 million for the three months ended October 31, 2025, as compared to $29.3 million for the three months ended October 31, 2024. The increase resulted primarily from a $0.8 million increase in software costs, partially offset by a $0.7 million decrease in labor costs.

Stock compensation incurred related to research and development expense was $3.9 million and $3.8 million for the three months ended October 31, 2025 and 2024, respectively.

 Nine months endedOctober 31, ($ in thousands)20252024$ Change% ChangeResearch and development$90,556 $87,738 $2,818 3 %

Research and development expense increased $2.8 million to $90.6 million for the nine months ended October 31, 2025, as compared to $87.7 million for the nine months ended October 31, 2024. The increase resulted primarily from a $2.7 million increase in software costs and a $0.3 million increase in other third-party costs, partially offset by a $0.2 million decrease in labor costs.

Stock compensation incurred related to research and development expense was $12.5 million and $11.0 million for the nine months ended October 31, 2025 and 2024, respectively.

General and administrative Three months endedOctober 31, ($ in thousands)20252024$ Change% ChangeGeneral and administrative$17,488 $19,633 $(2,145)(11)%

General and administrative expense decreased $2.1 million to $17.5 million for the three months ended October 31, 2025, as compared to $19.6 million for the three months ended October