Company: PHR
Filing Date: 2025-12-09
Form Type: 10-Q
Source: 0001412408-25-000132
Chunk: 82

Company: Phreesia, Inc.
Filing Date: 2025-12-09
Form: 10-Q
Item: Part I, Item 1
Chunk 82
---
PART I – FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Phreesia, Inc.

Consolidated Balance Sheets 

(in thousands, except share and per share data)October 31, 2025January 31, 2025(Unaudited)AssetsCurrent:Cash and cash equivalents$106,371 $84,220 Settlement assets25,391 29,176 Accounts receivable, net of allowance for doubtful accounts of $2,175 and $1,468 as of October 31, 2025 and January 31, 2025, respectively88,257 73,617 Deferred contract acquisition costs427 401 Prepaid expenses and other current assets20,460 15,871 Total current assets240,906 203,285 Property and equipment, net of accumulated depreciation and amortization of $93,842 and $84,505 as of October 31, 2025 and January 31, 2025, respectively21,111 23,651 Capitalized internal-use software, net of accumulated amortization of $65,681 and $55,991 as of October 31, 2025 and January 31, 2025, respectively 54,093 52,763 Operating lease right-of-use assets820 1,477 Deferred contract acquisition costs444 583 Intangible assets, net of accumulated amortization of $11,018 and $8,407 as of October 31, 2025 and January 31, 2025, respectively25,532 28,143 Goodwill75,845 75,845 Deferred tax asset1,640 — Other assets3,081 2,668 Total Assets$423,472 $388,415 Liabilities and Stockholders’ EquityCurrent:Settlement obligations$25,391 $29,176 Current portion of finance lease liabilities and other debt6,199 8,043 Current portion of operating lease liabilities746 964 Accounts payable6,218 5,622 Accrued expenses30,517 37,460 Deferred revenue29,712 32,758 Total current liabilities98,783 114,023 Long-term finance lease liabilities and other debt3,353 8,150 Operating lease liabilities, non-current132 646 Long-term deferred revenue151 119 Long-term deferred tax liabilities683 484 Other long-term liabilities41 185