Acquisition - Phreesia acquired AccessOne for $160 million in cash, funded by a mix of cash and debt [11, 12] - The acquisition extends Phreesia's reach into provider financing, addressing a $74 billion market [13, 15] - AccessOne's results are not included in the Q3 FY2026 presentation [6] Financial Performance - Total revenue for Q3 FY2026 was $120 million, a 13% year-over-year increase [19] - Adjusted EBITDA for Q3 FY2026 was $29 million, a 198% year-over-year increase [19] - Total revenue per AHSC for Q3 FY2026 was $26600, a 6% year-over-year increase [19] Outlook - FY2026 total revenue is projected to be between $479 million and $481 million, with Adjusted EBITDA between $99 million and $101 million [51] - The company anticipates approximately 4515 AHSCs for FY2026 [51] - FY2027 total revenue is projected to be between $545 million and $559 million, with Adjusted EBITDA between $125 million and $135 million [53, 54]

Financial Performance Highlights - Total revenue for Q2 FY2026 reached $117 million, a 15% year-over-year increase[12] - Adjusted EBITDA for Q2 FY2026 was $22 million, a 239% year-over-year increase[12] - The company achieved net income of $0.7 million in Q2 FY2026 due to a deferred tax benefit[12] - The company has approximately 4,467 average healthcare services clients (AHSCs) [16] - The company processes over $4 billion in patient payments annually [10,16] - The company's total addressable market (TAM) is approximately $24 billion [36] Acquisition and Future Outlook - The company intends to acquire AccessOne for $160 million in cash, funded through a mix of cash and debt, expected to close in the second half of fiscal year 2026 [10] - The company anticipates AccessOne to contribute approximately $35 million in annualized revenue and $11 million in annualized Adjusted EBITDA [44] - The company projects total revenue for fiscal year 2026 to be between $472 million and $482 million [43] - The company projects Adjusted EBITDA for fiscal year 2026 to be between $87 million and $92 million [43]