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

Ribbon Communications Inc. is the larger business by last-quarter revenue ($162.6M vs $120.3M, roughly 1.4× Phreesia, Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 3.5%, a 51.2% gap on every dollar of revenue. On growth, Phreesia, Inc. posted the faster year-over-year revenue change (12.7% vs -10.3%).

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

Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas.

PHR vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.4× larger
RBBN
$162.6M
$120.3M
PHR
Growing faster (revenue YoY)
PHR
PHR
+23.0% gap
PHR
12.7%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
51.2% more per $
RBBN
54.8%
3.5%
PHR

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
PHR
PHR
RBBN
RBBN
Revenue
$120.3M
$162.6M
Net Profit
$4.3M
$89.1M
Gross Margin
42.9%
Operating Margin
3.1%
37.6%
Net Margin
3.5%
54.8%
Revenue YoY
12.7%
-10.3%
Net Profit YoY
129.7%
EPS (diluted)
$0.07
$0.50

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
PHR
PHR
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$120.3M
$227.3M
Q3 25
$117.3M
$215.4M
Q2 25
$115.9M
$220.6M
Q1 25
$181.3M
Q4 24
$251.4M
Q3 24
$210.2M
Q2 24
$192.6M
Net Profit
PHR
PHR
RBBN
RBBN
Q1 26
$89.1M
Q4 25
$4.3M
Q3 25
$654.0K
$-12.1M
Q2 25
$-3.9M
$-11.1M
Q1 25
$-26.2M
Q4 24
Q3 24
$-13.4M
Q2 24
$-16.8M
Gross Margin
PHR
PHR
RBBN
RBBN
Q1 26
42.9%
Q4 25
53.3%
Q3 25
50.1%
Q2 25
49.6%
Q1 25
45.4%
Q4 24
55.7%
Q3 24
52.1%
Q2 24
50.8%
Operating Margin
PHR
PHR
RBBN
RBBN
Q1 26
37.6%
Q4 25
3.1%
4.1%
Q3 25
-1.3%
1.3%
Q2 25
-2.8%
1.9%
Q1 25
-10.8%
Q4 24
13.2%
Q3 24
-0.4%
Q2 24
-1.0%
Net Margin
PHR
PHR
RBBN
RBBN
Q1 26
54.8%
Q4 25
3.5%
Q3 25
0.6%
-5.6%
Q2 25
-3.4%
-5.0%
Q1 25
-14.5%
Q4 24
Q3 24
-6.4%
Q2 24
-8.7%
EPS (diluted)
PHR
PHR
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.07
$0.50
Q3 25
$0.01
$-0.07
Q2 25
$-0.07
$-0.06
Q1 25
$-0.15
Q4 24
$0.05
Q3 24
$-0.08
Q2 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
PHR
PHR
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$106.4M
$67.6M
Total DebtLower is stronger
$3.4M
Stockholders' EquityBook value
$320.3M
$419.1M
Total Assets
$423.5M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PHR
PHR
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$106.4M
$96.4M
Q3 25
$98.3M
$74.8M
Q2 25
$90.9M
$60.5M
Q1 25
$71.2M
Q4 24
$87.8M
Q3 24
$37.2M
Q2 24
$64.6M
Total Debt
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
$3.4M
$342.1M
Q3 25
$4.6M
$344.3M
Q2 25
$6.2M
$346.5M
Q1 25
$347.4M
Q4 24
$348.3M
Q3 24
$349.1M
Q2 24
$350.0M
Stockholders' Equity
PHR
PHR
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$320.3M
$449.0M
Q3 25
$298.0M
$360.1M
Q2 25
$282.2M
$370.4M
Q1 25
$381.8M
Q4 24
$404.6M
Q3 24
$395.5M
Q2 24
$405.0M
Total Assets
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
$423.5M
$1.2B
Q3 25
$408.6M
$1.1B
Q2 25
$400.4M
$1.1B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.1B
Debt / Equity
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
0.01×
0.76×
Q3 25
0.02×
0.96×
Q2 25
0.02×
0.94×
Q1 25
0.91×
Q4 24
0.86×
Q3 24
0.88×
Q2 24
0.86×

Cash Flow & Capital Efficiency

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

Metric
PHR
PHR
RBBN
RBBN
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$12.2M
FCF MarginFCF / Revenue
10.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
3.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
$15.5M
$29.2M
Q3 25
$14.8M
$26.5M
Q2 25
$14.8M
$-795.0K
Q1 25
$-3.5M
Q4 24
$61.8M
Q3 24
$-14.8M
Q2 24
$-9.8M
Free Cash Flow
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
$12.2M
$27.3M
Q3 25
$13.1M
$21.0M
Q2 25
$11.3M
$-6.5M
Q1 25
$-15.7M
Q4 24
$53.8M
Q3 24
$-23.7M
Q2 24
$-12.9M
FCF Margin
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
10.1%
12.0%
Q3 25
11.1%
9.7%
Q2 25
9.8%
-2.9%
Q1 25
-8.7%
Q4 24
21.4%
Q3 24
-11.3%
Q2 24
-6.7%
Capex Intensity
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
2.7%
0.9%
Q3 25
1.5%
2.6%
Q2 25
3.0%
2.6%
Q1 25
6.7%
Q4 24
3.2%
Q3 24
4.2%
Q2 24
1.6%
Cash Conversion
PHR
PHR
RBBN
RBBN
Q1 26
Q4 25
3.62×
Q3 25
22.68×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PHR
PHR

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

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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