PhreesiaPHR +10.30%65 Gross Margin % is 66.90% as of Apr. 2026, which is 4% above its 10-year median of 64.16. GuruFocus rates PHR with a GF Score™ of 65/100 and a GF Value™ of $26.97 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 631 Healthcare Providers & Services companies, Phreesia ranks better than 76.7% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Phreesia's Gross Profit for the
three
months ended in Apr. 2026 was $87.6 Mil. Phreesia's Revenue for the
three
months ended in Apr. 2026 was $130.9 Mil. Therefore, Phreesia's Gross Margin % for the quarter that ended in Apr. 2026 was 66.90%.
The historical rank and industry rank for Phreesia's Gross Margin % or its related term are showing as below:
PHR'
s Gross Margin % Range Over the Past 10 Years
Min: 61.1 Med: 64.16 Max: 67.93
Current: 67.84
During the past 9 years, the highestGross Margin % of Phreesia was 67.93%. The lowest was 61.10%. And the median was 64.16%.
PHR's Gross Margin % is ranked better than 76.7% of 631
companies
in the Healthcare Providers & Services industry
Industry Median: 40.09
vs PHR: 67.84
Phreesia had a gross margin of 66.90% for the quarter that ended in Apr. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Phreesia was 1.70% per year.
Phreesia (NYSE:PHR) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Phreesia had a gross margin of 66.90% for the quarter that ended in Apr. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Phreesia Gross Margin % Related Terms
Phreesia Gross Margin % Historical Data
* Premium members only.
The historical data trend for Phreesia's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, Phreesia's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Phreesia Gross Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Phreesia's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Phreesia's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Phreesia (PHR) has a Gross Margin % of 66.90% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Phreesia and its competitors. This is near median its historical median of 64.16. Over the past decade, Phreesia's Gross Margin % has ranged from 61.10 to 67.93. According to the industry distribution chart, Phreesia ranks #147 out of 631 companies in the Healthcare Providers & Services industry, placing it in the top 23.3%.
Is Phreesia's Gross Margin % too high?
Phreesia's current Gross Margin % of 66.90% is near median its 10-year median of 64.16. Over the past 10 years, this metric has ranged from a low of 61.10 to a high of 67.93. The Healthcare Providers & Services industry median Gross Margin % is 40.09. Phreesia's value of 66.90% is 66.9% above this industry median. Based on the distribution chart, Phreesia ranks #147 out of 631 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Phreesia has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Phreesia's Gross Margin % compare to HSTM and WEAV?
According to the Healthcare Providers & Services industry distribution chart, Phreesia ranks #147 out of 631 companies for Gross Margin %. This places Phreesia in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.09. Phreesia's value of 66.90% is 66.9% above this benchmark. Historically, Phreesia's own Gross Margin % has ranged from 61.10 to 67.93 over the past decade. While the company's 10-year median is 64.16 vs. the industry median of 40.09, Phreesia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.09, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phreesia's current Gross Margin % of 66.90% is 66.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Phreesia and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phreesia's current Gross Margin % is 66.90%, which is near median its own 10-year median of 64.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phreesia stock overvalued right now?
Based on GuruFocus' analysis, Phreesia (PHR) is currently considered Possible Value Trap. The stock's GF Value™ is $26.97, compared to a current price of $10.07 — trading 62.7% below its estimated fair value. The current Gross Margin % is 66.90%, which is near median its 10-year median of 64.16 and 66.9% above the Healthcare Providers & Services industry median of 40.09. Phreesia's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Phreesia (PHR), the current Gross Margin % is 66.90% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Phreesia (PHR) Overvalued in 2026?
Based on GuruFocus' analysis, Phreesia stock appears to be undervalued.
The current stock price of $10.07 is trading 62.7% below its estimated GF Value™ of $26.97.
GuruFocus considers Phreesia to be Possible Value Trap.
Key valuation signals for PHR:
Gross Margin %: 66.90% (near median its 10-year median of 64.16)
GF Value™: $26.97 vs. price of $10.07 (62.7% below fair value)
Industry Position: 66.9% above the Healthcare Providers & Services median (#147 of 631)
No single metric tells the full story. See the PHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phreesia Inc is a provides an integrated software, payments, and engagement platform designed to address three foundational challenges in healthcare delivery: access to care, affordability of care, and patient health outcomes. Its platform is embedded directly into provider workflows and patient interactions, enabling healthcare organizations to activate patients, streamline administrative processes, and improve financial performance across the care continuum. The group serves a diverse group of healthcare organizations, including ambulatory practices, health systems, and hospitals, as well as life sciences companies, government entities, patient advocacy, public interest, and not-for-profit and other organizations.
65GF Score
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