What move does the options market price into Phreesia's report?

Implied ±12.5%, either direction · provisional.

How often does Phreesia move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

PHRNYSEServices-Business Services, NEC

Phreesia, Inc. (PHR) earnings date, market-implied expected move, and options open interest by expiry

12.43

−0.10 · −0.82%

post 12.43 +0.03%

Closed16:00 ET

Open12.54Volume597,726Mkt cap$772.2MP/E69.06EPS0.18

Day12.22 – 12.5467%52-wk7.77 – 23.7829%

PHR

Phreesia, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±12.5%implied · straddle

10.8913.99

spot 12.44exp Dec 18ATM strike 12.5ATM straddle 1.83IV 50%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Dec 7

after close · in 37 days

est.Q3 FY27

Calendar

Next report

Last report

−6.33%

vs ±15.8% implied · ×0.40

shaded = implied · ▲▼ = realized

Sep 2 '26 · confirmed

Implied vs realized

Linked news

1dAXP · supplierAmerican Express issues $1,500,000,000 5.447% and $1,150,000,000 5.817% notes; $350,000,000 floating
1dV · supplierSecret SantAI? Visa Survey Finds Americans Quietly Turning to AI for Holiday Shopping Help
2dMA · supplierMastercard Q3 net income $4,628 million, net revenue $9,807 million, EPS $5.28

News

Largest filed tie

13F top-10 QoQ

+11.38%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

228 managers

Top fund weight

0.02%

PHR weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Phreesia (PHR) is expected to report on Dec 7 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±12.6%
avg realized: ±11.6%

Mar 12 '25Mar 12 '25confirmed±11.7%▲+6.93%×0.59

May 28 '25May 28 '25confirmed±12.1%▼−6.61%×0.55

Sep 4 '25Sep 4 '25confirmed±10.4%▼−9.87%×0.95

Q3 FY26Dec 8 '25confirmed±11.1%▼−23.31%×2.10

Mar 30 '26Mar 30 '26confirmed±12.1%▼−26.56%×2.19

Apr 3 '26Apr 3 '26confirmed±12.1%▲+9.32%×0.77

Q1 FY27May 27 '26confirmed±15.9%▲+3.50%×0.22

Q2 FY27Sep 2 '26confirmed±15.8%▼−6.33%×0.40

quarterimplied−30%0+30%realized×

Q2 FY27±15.8%▼−6.33%×0.40

Q1 FY27±15.9%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.18OI · 3 expiries · Oct 30 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4700%Dec 1848d2,6490%

140%Jan 1576d0.011,0290%0.01

150%Mar 19139d0.081880%0.08

ExpiryPutsCallsP/C

Dec 1848d4700%2,6490%0.18

Jan 1576d140%1,0290%0.01

Mar 19139d150%1880%0.08

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±12.5%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Suppliers 3

AXP±2.3%×0.18

V±1.5%×0.12

MA±1.5%×0.12

Dashed = straddle · × = co-movement · max 500dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY27

1.48%as filednet margin · revenue −1.13% QoQ · +10.41% YoY

Revenue

$129M−1.13% QoQ

Gross profit

$110M−2.73% QoQ

85.11% margin

Operating income

$8M+12.73% QoQ

5.88% margin

Pre-tax income

$3M−31.42% QoQ

Net income

$2M−35.27% QoQ

1.48% margin

Cost of revenue

$19M+9.13% QoQ

Operating expenses

$103M−3.71% QoQ

R&D $28M

Marketing $25M

Other operating $24M

Other operating $27M

Other expense

$4M

Tax

$1M−24.94% QoQ

Revenue$129M−1.13%

Gross profit

$110M−2.73%

85.11% margin

Operating income

$8M+12.73%

5.88% margin

Pre-tax income

$3M−31.42%

Net income

$2M−35.27%

1.48% margin

Cost of revenue

$19M+9.13%

Operating expenses

$103M−3.71%

R&D $28M

Marketing $25M

Other operating $24M

Other expense

$4M

Tax$1M−24.94%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jul 31 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPROF ×1.10· ±2.7% vs ±2.4% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±2.7%9 of 12×1.10

NFPjobs report±2.6%5 of 10×1.07

PCEpersonal income & outlays±1.9%9 of 19×0.80

FOMCrate decision±1.9%11 of 24×0.77

GDPgross domestic product±1.8%13 of 19×0.74

PPIproducer prices±1.7%4 of 10×0.71

CPIconsumer prices±1.5%4 of 10×0.61

Bar = avg |move| to ±3% · tick = ±2.4% avg day · ×base = |move| ÷ ±2.4% · min 6 releases

Earnings history

EPS 0.03 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY27	Sep 2 '26 · confirmed	0.03	—
Q1 FY27	May 27 '26 · confirmed	0.05	—
Q3 FY26	Dec 8 '25 · confirmed	0.07	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod