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Side-by-side financial comparison of Hippo Holdings Inc. (HIPO) and Phreesia, Inc. (PHR). Click either name above to swap in a different company.

Hippo Holdings Inc. is the larger business by last-quarter revenue ($120.4M vs $120.3M, roughly 1.0× Phreesia, Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs 3.5%, a 1.4% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 12.7%). Phreesia, Inc. produced more free cash flow last quarter ($12.2M vs $9.1M).

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

Phreesia, Inc. is a software as a service company that offers healthcare organizations a set of applications to automate and manage patient intake.

HIPO vs PHR — Head-to-Head

Bigger by revenue
HIPO
HIPO
1.0× larger
HIPO
$120.4M
$120.3M
PHR
Growing faster (revenue YoY)
HIPO
HIPO
+5.5% gap
HIPO
18.2%
12.7%
PHR
Higher net margin
HIPO
HIPO
1.4% more per $
HIPO
5.0%
3.5%
PHR
More free cash flow
PHR
PHR
$3.1M more FCF
PHR
$12.2M
$9.1M
HIPO

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HIPO
HIPO
PHR
PHR
Revenue
$120.4M
$120.3M
Net Profit
$6.0M
$4.3M
Gross Margin
Operating Margin
5.6%
3.1%
Net Margin
5.0%
3.5%
Revenue YoY
18.2%
12.7%
Net Profit YoY
-86.4%
129.7%
EPS (diluted)
$0.31
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HIPO
HIPO
PHR
PHR
Q4 25
$120.4M
$120.3M
Q3 25
$120.6M
$117.3M
Q2 25
$117.3M
$115.9M
Q1 25
$110.3M
Q4 24
$101.9M
Q3 24
$95.5M
Q2 24
$89.6M
Q1 24
$85.1M
Net Profit
HIPO
HIPO
PHR
PHR
Q4 25
$6.0M
$4.3M
Q3 25
$98.1M
$654.0K
Q2 25
$1.3M
$-3.9M
Q1 25
$-47.7M
Q4 24
$44.2M
Q3 24
$-8.5M
Q2 24
$-40.5M
Q1 24
$-35.7M
Operating Margin
HIPO
HIPO
PHR
PHR
Q4 25
5.6%
3.1%
Q3 25
81.3%
-1.3%
Q2 25
3.4%
-2.8%
Q1 25
-41.3%
Q4 24
46.3%
Q3 24
-5.4%
Q2 24
-40.7%
Q1 24
-38.7%
Net Margin
HIPO
HIPO
PHR
PHR
Q4 25
5.0%
3.5%
Q3 25
81.3%
0.6%
Q2 25
1.1%
-3.4%
Q1 25
-43.2%
Q4 24
43.4%
Q3 24
-8.9%
Q2 24
-45.2%
Q1 24
-42.0%
EPS (diluted)
HIPO
HIPO
PHR
PHR
Q4 25
$0.31
$0.07
Q3 25
$3.77
$0.01
Q2 25
$0.05
$-0.07
Q1 25
$-1.91
Q4 24
$1.81
Q3 24
$-0.34
Q2 24
$-1.64
Q1 24
$-1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HIPO
HIPO
PHR
PHR
Cash + ST InvestmentsLiquidity on hand
$218.3M
$106.4M
Total DebtLower is stronger
$3.4M
Stockholders' EquityBook value
$436.1M
$320.3M
Total Assets
$1.9B
$423.5M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIPO
HIPO
PHR
PHR
Q4 25
$218.3M
$106.4M
Q3 25
$247.7M
$98.3M
Q2 25
$198.9M
$90.9M
Q1 25
$140.9M
Q4 24
$197.6M
Q3 24
$191.2M
Q2 24
$175.9M
Q1 24
$223.4M
Total Debt
HIPO
HIPO
PHR
PHR
Q4 25
$3.4M
Q3 25
$4.6M
Q2 25
$6.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HIPO
HIPO
PHR
PHR
Q4 25
$436.1M
$320.3M
Q3 25
$421.5M
$298.0M
Q2 25
$332.5M
$282.2M
Q1 25
$322.8M
Q4 24
$362.1M
Q3 24
$326.4M
Q2 24
$322.6M
Q1 24
$351.2M
Total Assets
HIPO
HIPO
PHR
PHR
Q4 25
$1.9B
$423.5M
Q3 25
$1.9B
$408.6M
Q2 25
$1.7B
$400.4M
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
HIPO
HIPO
PHR
PHR
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HIPO
HIPO
PHR
PHR
Operating Cash FlowLast quarter
$9.2M
$15.5M
Free Cash FlowOCF − Capex
$9.1M
$12.2M
FCF MarginFCF / Revenue
7.6%
10.1%
Capex IntensityCapex / Revenue
0.1%
2.7%
Cash ConversionOCF / Net Profit
1.53×
3.62×
TTM Free Cash FlowTrailing 4 quarters
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIPO
HIPO
PHR
PHR
Q4 25
$9.2M
$15.5M
Q3 25
$16.9M
$14.8M
Q2 25
$24.7M
$14.8M
Q1 25
$-35.6M
Q4 24
$47.5M
Q3 24
$46.8M
Q2 24
$-10.6M
Q1 24
$17.7M
Free Cash Flow
HIPO
HIPO
PHR
PHR
Q4 25
$9.1M
$12.2M
Q3 25
$16.8M
$13.1M
Q2 25
$24.6M
$11.3M
Q1 25
$-35.7M
Q4 24
$47.2M
Q3 24
Q2 24
$-10.7M
Q1 24
$17.6M
FCF Margin
HIPO
HIPO
PHR
PHR
Q4 25
7.6%
10.1%
Q3 25
13.9%
11.1%
Q2 25
21.0%
9.8%
Q1 25
-32.4%
Q4 24
46.3%
Q3 24
Q2 24
-11.9%
Q1 24
20.7%
Capex Intensity
HIPO
HIPO
PHR
PHR
Q4 25
0.1%
2.7%
Q3 25
0.1%
1.5%
Q2 25
0.1%
3.0%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
HIPO
HIPO
PHR
PHR
Q4 25
1.53×
3.62×
Q3 25
0.17×
22.68×
Q2 25
19.00×
Q1 25
Q4 24
1.07×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HIPO
HIPO

Segment breakdown not available.

PHR
PHR

Subscription And Services$55.5M46%
Network Solutions$37.4M31%
Payment Processing Fees$27.4M23%

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