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Side-by-side financial comparison of Phreesia, Inc. (PHR) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

Phreesia, Inc. is the larger business by last-quarter revenue ($120.3M vs $69.8M, roughly 1.7× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs 3.5%, a 380.5% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 12.7%).

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

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

PHR vs RIGL — Head-to-Head

Bigger by revenue
PHR
PHR
1.7× larger
PHR
$120.3M
$69.8M
RIGL
Growing faster (revenue YoY)
RIGL
RIGL
+8.5% gap
RIGL
21.2%
12.7%
PHR
Higher net margin
RIGL
RIGL
380.5% more per $
RIGL
384.0%
3.5%
PHR

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PHR
PHR
RIGL
RIGL
Revenue
$120.3M
$69.8M
Net Profit
$4.3M
$268.1M
Gross Margin
91.5%
Operating Margin
3.1%
33.2%
Net Margin
3.5%
384.0%
Revenue YoY
12.7%
21.2%
Net Profit YoY
129.7%
1769.2%
EPS (diluted)
$0.07
$14.11

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
RIGL
RIGL
Q4 25
$120.3M
$69.8M
Q3 25
$117.3M
$69.5M
Q2 25
$115.9M
$101.7M
Q1 25
$53.3M
Q4 24
$57.6M
Q3 24
$55.3M
Q2 24
$36.8M
Q1 24
$29.5M
Net Profit
PHR
PHR
RIGL
RIGL
Q4 25
$4.3M
$268.1M
Q3 25
$654.0K
$27.9M
Q2 25
$-3.9M
$59.6M
Q1 25
$11.4M
Q4 24
$14.3M
Q3 24
$12.4M
Q2 24
$-1.0M
Q1 24
$-8.2M
Gross Margin
PHR
PHR
RIGL
RIGL
Q4 25
91.5%
Q3 25
93.2%
Q2 25
95.6%
Q1 25
91.7%
Q4 24
89.9%
Q3 24
85.5%
Q2 24
92.4%
Q1 24
93.1%
Operating Margin
PHR
PHR
RIGL
RIGL
Q4 25
3.1%
33.2%
Q3 25
-1.3%
40.9%
Q2 25
-2.8%
60.1%
Q1 25
23.9%
Q4 24
28.9%
Q3 24
25.4%
Q2 24
1.2%
Q1 24
-23.6%
Net Margin
PHR
PHR
RIGL
RIGL
Q4 25
3.5%
384.0%
Q3 25
0.6%
40.2%
Q2 25
-3.4%
58.6%
Q1 25
21.5%
Q4 24
24.9%
Q3 24
22.5%
Q2 24
-2.8%
Q1 24
-27.9%
EPS (diluted)
PHR
PHR
RIGL
RIGL
Q4 25
$0.07
$14.11
Q3 25
$0.01
$1.46
Q2 25
$-0.07
$3.28
Q1 25
$0.63
Q4 24
$0.82
Q3 24
$0.70
Q2 24
$-0.06
Q1 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
PHR
PHR
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$106.4M
$155.0M
Total DebtLower is stronger
$3.4M
$52.5M
Stockholders' EquityBook value
$320.3M
$391.5M
Total Assets
$423.5M
$513.6M
Debt / EquityLower = less leverage
0.01×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PHR
PHR
RIGL
RIGL
Q4 25
$106.4M
$155.0M
Q3 25
$98.3M
$137.1M
Q2 25
$90.9M
$108.4M
Q1 25
$77.1M
Q4 24
$77.3M
Q3 24
$61.1M
Q2 24
$49.1M
Q1 24
$49.5M
Total Debt
PHR
PHR
RIGL
RIGL
Q4 25
$3.4M
$52.5M
Q3 25
$4.6M
$60.0M
Q2 25
$6.2M
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
PHR
PHR
RIGL
RIGL
Q4 25
$320.3M
$391.5M
Q3 25
$298.0M
$117.6M
Q2 25
$282.2M
$81.9M
Q1 25
$18.6M
Q4 24
$3.3M
Q3 24
$-14.6M
Q2 24
$-29.9M
Q1 24
$-31.7M
Total Assets
PHR
PHR
RIGL
RIGL
Q4 25
$423.5M
$513.6M
Q3 25
$408.6M
$242.5M
Q2 25
$400.4M
$206.7M
Q1 25
$176.0M
Q4 24
$164.0M
Q3 24
$139.4M
Q2 24
$128.4M
Q1 24
$126.5M
Debt / Equity
PHR
PHR
RIGL
RIGL
Q4 25
0.01×
0.13×
Q3 25
0.02×
0.51×
Q2 25
0.02×
0.73×
Q1 25
3.23×
Q4 24
18.25×
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
PHR
PHR
RIGL
RIGL
Operating Cash FlowLast quarter
$15.5M
$22.0M
Free Cash FlowOCF − Capex
$12.2M
FCF MarginFCF / Revenue
10.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
3.62×
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PHR
PHR
RIGL
RIGL
Q4 25
$15.5M
$22.0M
Q3 25
$14.8M
$24.0M
Q2 25
$14.8M
$30.5M
Q1 25
$-893.0K
Q4 24
$14.5M
Q3 24
$21.7M
Q2 24
$302.0K
Q1 24
$-5.0M
Free Cash Flow
PHR
PHR
RIGL
RIGL
Q4 25
$12.2M
Q3 25
$13.1M
Q2 25
$11.3M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
PHR
PHR
RIGL
RIGL
Q4 25
10.1%
Q3 25
11.1%
Q2 25
9.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
PHR
PHR
RIGL
RIGL
Q4 25
2.7%
Q3 25
1.5%
Q2 25
3.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
PHR
PHR
RIGL
RIGL
Q4 25
3.62×
0.08×
Q3 25
22.68×
0.86×
Q2 25
0.51×
Q1 25
-0.08×
Q4 24
1.01×
Q3 24
1.75×
Q2 24
Q1 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%

RIGL
RIGL

Segment breakdown not available.

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