Phreesia announced a definitive agreement to acquire AccessOne for $160 million, expanding their addressable market by $6 billion. They achieved positive net income for the first time and maintained revenue outlook for fiscal 2026 at $472 to $482 million with adjusted EBITDA outlook at $87 million to $92 million. The AccessOne transaction is expected to close in the third or early fourth quarter of 2026. Phreesia expects AccessOne to contribute approximately $35 million in annualized revenue and $11 million in annualized adjusted EBITDA. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. Phreesia ended the quarter with $98.3 million in cash and cash equivalents. Operating cash flow was $14.8 million, up $3.8 million year over year. Free cash flow was $9.6 million, up $6 million year over year. They have achieved positive operating cash flow and free cash flow for four consecutive quarters. Total revenue was $117.3 million, an increase of 15% year over year. They have increased their total addressable market (TAM) by $24 billion. They believe the AccessOne acquisition will strengthen Phreesia’s financial profile, add profitable growth, and enhance their ability to support clients with innovative payment solutions. They are looking forward to closing the transaction and working with the AccessOne team. The AccessOne acquisition is expected to expand their addressable market by about $6 billion. They have increased their network solutions TAM by $6 billion, which is expected to draw from a larger pool of life sciences marketing dollars. They achieved net income positive for the first time in their history. Adjusted EBITDA was $22 million, with an adjusted EBITDA margin of 19%. They are updating their adjusted EBITDA outlook for fiscal year 2026 to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026 and for total revenue per AHSC to increase in fiscal year 2026 compared to fiscal 2025. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They have achieved positive operating cash flow and free cash flow for four consecutive quarters. They ended the quarter with $98.3 million in cash and cash equivalents, with operating cash flow at $14.8 million, up $3.8 million year over year, and free cash flow at $9.6 million, up $6 million year over year. Total revenue was $117.3 million, an increase of 15% year over year. They are looking forward to the closing of the AccessOne transaction. The AccessOne acquisition is expected to expand their addressable market by about $6 billion and increase their network solutions TAM by $6 billion. They have updated their total addressable market to approximately $24 billion from approximately $10 billion. They are maintaining their revenue outlook for fiscal year 2026 at a range of $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They have achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026 and for total revenue per AHSC to increase in fiscal 2026 compared to fiscal 2025. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved net income positive for the first time in their history. Adjusted EBITDA was $22 million, with an adjusted EBITDA margin of 19%. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026 and for total revenue per AHSC to increase in fiscal 2026 compared to fiscal 2025. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026 and for total revenue per AHSC to increase in fiscal 2026 compared to fiscal 2025. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They have achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They have achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They ended the quarter with $98.3 million in cash and cash equivalents, with operating cash flow at $14.8 million, up $3.8 million year over year, and free cash flow at $9.6 million, up $6 million year over year. Total revenue was $117.3 million, an increase of 15% year over year. They are looking forward to the closing of the AccessOne transaction. The AccessOne acquisition is expected to expand their addressable market by about $6 billion. They have increased their network solutions TAM by $6 billion, which is expected to draw from a larger pool of life sciences marketing dollars. They have updated their total addressable market to approximately $24 billion from approximately $10 billion. They are maintaining their revenue outlook for fiscal year 2026 at a range of $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They ended the quarter with $98.3 million in cash and cash equivalents, with operating cash flow at $14.8 million, up $3.8 million year over year, and free cash flow at $9.6 million, up $6 million year over year. Total revenue was $117.3 million, an increase of 15% year over year. They are looking forward to the closing of the AccessOne transaction. The AccessOne acquisition is expected to expand their addressable market by about $6 billion. They have increased their network solutions TAM by $6 billion, which is expected to draw from a larger pool of life sciences marketing dollars. They have updated their total addressable market to approximately $24 billion from approximately $10 billion. They are maintaining their revenue outlook for fiscal year 2026 at a range of $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They ended the quarter with $98.3 million in cash and cash equivalents, with operating cash flow at $14.8 million, up $3.8 million year over year, and free cash flow at $9.6 million, up $6 million year over year. Total revenue was $117.3 million, an increase of 15% year over year. They are looking forward to the closing of the AccessOne transaction. The AccessOne acquisition is expected to expand their addressable market by about $6 billion. They have increased their network solutions TAM by $6 billion, which is expected to draw from a larger pool of life sciences marketing dollars. They have updated their total addressable market to approximately $24 billion from approximately $10 billion. They are maintaining their revenue outlook for fiscal year 2026 at a range of $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They have now achieved positive operating cash flow and free cash flow for four consecutive quarters. They are maintaining their revenue outlook for fiscal year 2026 at $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters. They ended the quarter with $98.3 million in cash and cash equivalents, with operating cash flow at $14.8 million, up $3.8 million year over year, and free cash flow at $9.6 million, up $6 million year over year. Total revenue was $117.3 million, an increase of 15% year over year. They are looking forward to the closing of the AccessOne transaction. The AccessOne acquisition is expected to expand their addressable market by about $6 billion. They have increased their network solutions TAM by $6 billion, which is expected to draw from a larger pool of life sciences marketing dollars. They have updated their total addressable market to approximately $24 billion from approximately $10 billion. They are maintaining their revenue outlook for fiscal year 2026 at a range of $472 to $482 million and updating their adjusted EBITDA outlook to a range of $87 million to $92 million. They are reiterating their outlook on AHSCs to reach approximately 4,500 in fiscal year 2026. They expect to update their fiscal 2026 financial outlook following the close of the AccessOne transaction. They achieved positive operating cash flow and free cash flow for four consecutive quarters

Read more at Yahoo Finance: Phreesia PHR Q2 2026 Earnings Call Transcript