Phreesia reported fiscal second quarter results ending July 31, 2026, with total revenue increasing 10% year-over-year to $129.5 million and net income rising to $1.9 million from $0.7 million in the prior year period. Adjusted EBITDA expanded to $32.9 million compared to $22.1 million previously, driven by a 36% surge in payment solutions revenue following the AccessOne acquisition. The company generated $18.3 million in operating cash flow and $13.8 million in free cash flow, utilizing these funds to reduce long-term debt principal by over $23 million while maintaining $74.6 million in cash reserves. Phreesia reaffirmed its full-year fiscal 2027 revenue outlook of $510 million to $520 million and Adjusted EBITDA guidance of $125 million to $135 million, citing continued growth from AccessOne and ProviderConnect offerings alongside AI-driven operational efficiencies. The company operates in the healthcare technology sector, providing patient activation, intake, payment processing, and network solutions.