Phreesia Q2 FY27 net income rises to $1.9 million; revenue increases 10% to $129.5 million

• Phreesia posted Q2 FY2027 revenue of $129.5 million, up 10% year-over-year; net income rose to $1.9 million.
• Adjusted EBITDA climbed to $32.9 million; operating and free cash flow stayed positive, with operating cash flow of $18.3 million.
• Payment solutions revenue grew 36%, largely driven by AccessOne; network solutions revenue increased 9% while subscription and related services revenue fell 2%.
• Average Healthcare Services Clients rose to 4,744, up 6% year-over-year; total revenue per client increased 4% to $27,289.
• Free cash flow totaled $13.8 million; long-term debt principal was cut by $23.5 million to $60.7 million, with cash and restricted cash of $74.6 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phreesia Inc. published the original content used to generate this news brief on September 02, 2026, and is solely responsible for the information contained therein.