PHR (PHR) financial statements
PHR reported revenue of $481M in fiscal 2026, up 25.2% a year over 8 years.
Net income was $2M and the operating margin -1.4%, against -18.2% in 2018.
Free cash flow was $54M.
The diluted share count rose 3897% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PHR's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80M | $100M | $125M | $149M | $213M | $281M | $356M | $420M | $481M |
| Cost of revenue | $13M | $15M | $17M | $23M | $43M | $59M | $61M | $66M | $71M |
| Gross profit | $67M | $85M | $108M | $125M | $171M | $222M | $295M | $354M | $409M |
| Research and development | $11M | $14M | $19M | $23M | $52M | $91M | $112M | $117M | $121M |
| Selling, general and admin | $44M | $46M | $63M | $83M | $175M | $232M | $227M | $198M | $180M |
| Operating income | -$15M | -$9M | -$15M | -$26M | -$117M | -$177M | -$136M | -$58M | -$7M |
| Interest expense | — | $4M | $3M | $2M | $1M | $1M | $2M | $2M | $7M |
| Pre-tax income | -$18M | -$15M | -$22M | -$27M | -$118M | -$176M | -$135M | -$56M | -$9M |
| Income tax | $0 | $0 | -$2M | $49,000 | $182,000 | $483,000 | $2M | $3M | -$11M |
| Net income | -$18M | -$15M | -$20M | -$27M | -$118M | -$176M | -$137M | -$59M | $2M |
| EPS (diluted) | -$24.81 | -$24.53 | -$4.50 | -$0.69 | -$2.37 | -$3.36 | -$2.51 | -$1.02 | $0.04 |
| Diluted shares | 2M | 2M | 20M | 40M | 50M | 52M | 55M | 58M | 61M |
| Gross margin | 84.3% | 84.9% | 86.5% | 84.2% | 80.0% | 79.0% | 82.9% | 84.2% | 85.2% |
| Operating margin | -18.2% | -9.5% | -12.3% | -17.3% | -54.8% | -62.9% | -38.3% | -13.8% | -1.4% |
| Net margin | -22.8% | -15.1% | -16.3% | -18.4% | -55.4% | -62.7% | -38.4% | -13.9% | 0.5% |
Balance sheet
Fiscal years, from PHR's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $11M | $2M | $90M | $219M | $314M | $177M | $88M | $84M | $74M |
| Receivables | — | $16M | $22M | $29M | $40M | $51M | $65M | $74M | $97M |
| Total current assets | — | $33M | $132M | $272M | $386M | $262M | $196M | $203M | $280M |
| Property, plant and equipment | — | $14M | $14M | $27M | $35M | $22M | $17M | $24M | $20M |
| Goodwill | — | $250,000 | $250,000 | $8M | $34M | $34M | $76M | $76M | $170M |
| Total assets | — | $59M | $159M | $327M | $494M | $370M | $370M | $388M | $664M |
| Total current liabilities | — | $28M | $35M | $55M | $68M | $79M | $110M | $114M | $183M |
| Long-term debt | — | $28M | $19M | $6M | $7M | $3M | $5M | $8M | $92M |
| Total liabilities | — | $64M | $57M | $63M | $77M | $82M | $119M | $124M | $327M |
| Shareholders' equity | -$168M | -$211M | $102M | $263M | $417M | $288M | $251M | $265M | $337M |
| Net debt | -$11M | $26M | -$71M | -$212M | -$306M | -$174M | -$82M | -$76M | $18M |
Cash flow
Fiscal years, from PHR's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$11M | -$2M | $826,000 | $3M | -$75M | -$90M | -$32M | $32M | $79M |
| Capital spending | $12M | $10M | $12M | $19M | $31M | $26M | $25M | $24M | $24M |
| Free cash flow | -$23M | -$12M | -$11M | -$16M | -$106M | -$116M | -$57M | $8M | $54M |
| Stock-based compensation | $805,000 | $1M | $6M | $13M | $36M | $59M | $72M | $67M | $67M |
| Free cash flow margin | -28.9% | -12.0% | -9.2% | -10.5% | -49.5% | -41.4% | -16.1% | 2.0% | 11.3% |
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Open PHR in InvestinglyQuestions
What was PHR's revenue in 2026?
$481M in fiscal 2026, from its 10-K filing.
How much free cash flow does PHR generate?
$54M in fiscal 2026 (operating cash flow minus capital spending).
From PHR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.