Company / R&D Expense
Phreesia, Inc. R&D Expense History
FY2017-FY2026 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$112.3M
FY2026
5-year range
$91.2M / $117.4M
FY2022-FY2026
Trend
+23.1%
vs FY2025
Sector context
#69 of 174
Industrials
What the data says
At $112M, Phreesia, Inc.'s r&d expense ranks #69 of 174 in the Industrials sector. Declined from $117M to $112M over the past 2 years.
Based on SEC 10-K filings.
$112M in FY2026 with a 5-year CAGR of +16.5%.
Declined from $117M to $112M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.0%
- 5-Year CAGR
- +16.5%
- 10-Year CAGR
- -
Sector benchmark
#69 of 174 in IndustrialsTop 40% of 174This company $112.3M Sector average $273.7M
▼
-59.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +16.5%, indicating consistent growth.
- In FY2026, r&d expense increased 23.1% year-over-year.
- Ranks #69 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.28 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | $112.3M | +23.1% |
| FY2025 | $91.2M | -22.3% |
| FY2024 | $117.4M | +4.5% |
| FY2023 | $112.3M | +23.1% |
| FY2022 | $91.2M | +74.6% |
| FY2021 | $52.3M | +131.0% |
| FY2020 | $22.6M | +21.5% |
| FY2019 | $18.6M | +29.8% |
| FY2018 | $14.3M | +26.1% |
| FY2017 | $11.4M | - |
As of FY2026 · SEC 10-K · Updated Jun 30, 2026