HealthEquity (HQY) Financials: History & Chart

HealthEquity, Inc.(HQY)

Medical - Healthcare Information Services · Draper, UT

$91.05-0.50 (-0.55%)

Delayed quote: Oct 6, 2026, 4:00 PM EDT

About HealthEquity, Inc.

Headquartered in Draper, Utah, and established in 2002, HealthEquity, Inc. furnishes technology-powered service platforms to both individual consumers and employers across the United States. The company provides cloud-based solutions designed to assist individuals in overseeing their healthcare expenditures and savings. These platforms enable users to make informed decisions about their health finances, pay medical bills, compare treatment options and costs, access personalized benefits and clinical data, earn incentives for wellness, and grow their savings through various investment avenues, including specific investment choices. In addition to these personal financial management tools, HealthEquity administers a range of health-related accounts, such as Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs). Its offerings also encompass a mutual fund investment platform, an automated online advisory service known as Advisor, COBRA continuation services, and the management of pre-tax commuter benefits programs. HealthEquity markets its services through a dedicated direct sales team, collaborates with benefits brokers and advisors, and leverages a comprehensive network comprising health plans, benefits administrators, consultants, and retirement plan record-keepers.

Draper, UT

2,814 employees

www.healthequity.com

Healthcare / Medical - Healthcare Information Services

Sector: Healthcare
Industry: Medical - Healthcare Information Services
CEO: Scott R. Cutler

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jul 2026	Quarter ended Apr 2026	Quarter ended Jan 2026	Quarter ended Oct 2025	Quarter ended Jul 2025	Quarter ended Apr 2025	Quarter ended Jan 2025	Quarter ended Oct 2024
Revenue	1.36B	350.73M	354.64M	334.59M	322.16M	325.83M	330.84M	311.82M	300.43M
Cost of Goods Sold	337.64M	92.78M	98.33M	25.43M	121.10M	120.24M	133.53M	122.58M	131.76M
Gross Profit	1.02B	257.95M	256.31M	309.15M	201.06M	205.59M	197.31M	189.24M	168.68M
Gross Profit Margin	75.2%	73.5%	72.3%	92.4%	62.4%	63.1%	59.6%	60.7%	56.1%
Total Operating Expenses	675.61M	159.26M	153.36M	241.78M	121.21M	114.72M	112.96M	117.71M	114.61M
Research & Development	277.96M	73.92M	67.77M	70.35M	65.92M	64.80M	61.44M	64.65M	60.19M
Selling, General & Administrative	342.77M	58.08M	57.96M	171.43M	55.29M	49.91M	51.52M	53.06M	54.42M
Operating Income (EBIT)	348.87M	98.69M	102.95M	67.37M	79.85M	90.88M	84.35M	71.53M	54.06M
Operating Margin	25.6%	28.1%	29.0%	20.1%	24.8%	27.9%	25.5%	22.9%	18.0%
Income Before Tax (EBT)	308.71M	87.86M	92.41M	60.90M	67.53M	78.05M	70.95M	29.96M	6.22M
Interest Income	7.90M	N/A	1.89M	3.15M	2.86M	3.36M	2.73M	3.03M	3.90M
Interest Expense	52.51M	12.61M	12.59M	13.27M	14.05M	14.96M	14.86M	15.26M	18.16M
Other Income/Expense	-40.16M	-10.82M	-10.54M	-6.47M	-12.32M	-12.83M	-13.40M	-41.57M	-47.84M
Net Income	236.49M	65.64M	69.42M	49.74M	51.69M	59.85M	53.91M	26.36M	5.70M
Income Tax Expense	72.22M	22.22M	23.00M	11.16M	15.84M	18.19M	17.04M	3.60M	515K
Net Profit Margin	17.4%	18.7%	19.6%	14.9%	16.0%	18.4%	16.3%	8.5%	1.9%
EBITDA	480.91M	140.65M	115.58M	106.05M	118.63M	129.33M	123.09M	110.71M	94.78M
EBITDA Margin	35.3%	40.1%	32.6%	31.7%	36.8%	39.7%	37.2%	35.5%	31.5%
Depreciation & Amortization	132.04M	41.95M	12.63M	38.68M	38.78M	38.45M	38.74M	39.18M	40.72M
EPS Basic	2.80	0.79	0.82	0.59	0.60	0.69	0.62	0.30	0.07
EPS Diluted	2.77	0.78	0.82	0.58	0.59	0.68	0.61	0.30	0.06
Weighted Average Basic Shares	83.37M	83.37M	84.41M	86.13M	86.00M	86.55M	86.66M	86.70M	87.19M
Weighted Average Diluted Shares	84.01M	84.01M	85.01M	87.47M	86.97M	87.75M	88.42M	88.61M	88.63M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	01/31/2026	01/31/2025	01/31/2024	01/31/2023	01/31/2022	01/31/2021	01/31/2020	01/31/2019
Revenue	1.31B	1.20B	999.59M	861.75M	756.56M	733.57M	531.99M	287.24M
Cost of Goods Sold	400.31M	507.19M	469.71M	466.24M	415.64M	394.30M	240.79M	111.98M
Gross Profit	913.12M	692.58M	529.87M	395.50M	340.92M	339.27M	291.20M	175.26M
Gross Profit Margin	69.5%	57.7%	53.0%	45.9%	45.1%	46.2%	54.7%	61.0%
Total Operating Expenses	590.66M	462.51M	401.74M	357.85M	300.35M	259.27M	182.09M	97.59M
Research & Development	262.51M	239.51M	218.81M	193.38M	157.36M	124.81M	77.58M	35.06M
Selling, General & Administrative	328.15M	223.00M	182.93M	164.48M	142.98M	134.46M	104.51M	62.54M
Operating Income (EBIT)	322.46M	230.07M	128.13M	37.65M	40.57M	80.00M	109.12M	77.67M
Operating Margin	24.6%	19.2%	12.8%	4.4%	5.4%	10.9%	20.5%	27.0%
Income Before Tax (EBT)	277.43M	116.03M	75.04M	-38.10M	-66.74M	4.14M	43.16M	75.82M
Interest Income	12.11M	13.91M	12.14M	1.76M	1.50M	1.04M	5.91M	1.68M
Interest Expense	57.13M	60.63M	55.45M	48.42M	36.57M	34.88M	24.77M	N/A
Other Income/Expense	-45.02M	-114.03M	-53.09M	-75.75M	-107.31M	-75.86M	-65.96M	-1.85M
Net Income	215.20M	96.70M	55.71M	-26.14M	-44.29M	8.83M	39.66M	73.90M
Income Tax Expense	62.23M	19.33M	19.33M	-11.95M	-22.45M	-4.69M	3.49M	1.92M
Net Profit Margin	16.4%	8.1%	5.6%	-3.0%	-5.9%	1.2%	7.5%	25.7%
EBITDA	477.11M	392.52M	281.21M	198.85M	177.75M	195.91M	164.47M	95.86M
EBITDA Margin	36.3%	32.7%	28.1%	23.1%	23.5%	26.7%	30.9%	33.4%
Depreciation & Amortization	154.66M	162.45M	153.08M	161.20M	137.19M	115.90M	55.35M	18.18M
EPS Basic	2.50	1.11	0.65	-0.31	-0.53	0.12	0.59	1.20
EPS Diluted	2.46	1.09	0.64	-0.31	-0.53	0.12	0.58	1.17
Weighted Average Basic Shares	86.13M	86.87M	85.56M	84.44M	83.13M	74.23M	67.03M	61.84M
Weighted Average Diluted Shares	87.47M	88.83M	86.96M	84.44M	83.13M	75.68M	68.45M	63.37M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.