HQY
HealthEquity, Inc.
Stock
$90.04+0.67 (+0.75%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | $1,000M | $862M | $757M | $734M | $532M | $287M | $230M | $178M | $127M | $88M | $62M | $46M |
| Cost of revenue | $392M | $400M | $423M | $377M | $370M | $332M | $318M | $206M | $106M | $95M | $72M | $54M | $40M | $29M | $22M |
| Gross profit | $970M | $913M | $777M | $623M | $492M | $425M | $415M | $326M | $181M | $135M | $106M | $73M | $48M | $33M | $24M |
| R&D | $278M | $263M | $240M | $219M | $193M | $157M | $125M | $78M | $35M | $27M | $22M | $17M | $11M | $7.1M | $4.2M |
| SG&A | $230M | $215M | $223M | $183M | $166M | $144M | $134M | $105M | $63M | $48M | $38M | $27M | $19M | $12M | $11M |
| Other operating expenses | $111M | $113M | $152M | $103M | $123M | $148M | $122M | $67M | $5.9M | $4.9M | $4.3M | $2.2M | $1.6M | $1.6M | $1.6M |
| Operating income | $351M | $322M | $162M | $118M | $9.1M | −$24M | $34M | $77M | $78M | $54M | $41M | $26M | $17M | $12M | $7.1M |
| Non-operating income | −$43M | −$45M | −$46M | −$43M | −$47M | −$43M | −$30M | −$34M | −$1.9M | −$2.2M | −$1.1M | −$589K | −$1.1M | −$6.2M | −$590K |
| Pretax income | $309M | $277M | $116M | $75M | −$38M | −$67M | $4.1M | $43M | $76M | $52M | $40M | $26M | $16M | $5.4M | $6.5M |
| Taxes | $72M | $62M | $19M | $19M | −$12M | −$22M | −$4.7M | $3.5M | $1.9M | $4.8M | $14M | $8.9M | $5.6M | $4.1M | −$4.7M |
| Net income | $236M | $215M | $97M | $56M | −$26M | −$44M | $8.8M | $40M | $74M | $47M | $26M | $17M | $10M | $1.2M | $11M |
| Diluted EPS | $2.76 | $2.46 | $1.09 | $0.64 | −$0.31 | −$0.53 | $0.12 | $0.58 | $1.17 | $0.77 | $0.44 | $0.28 | $0.21 | −$1.26 | $0.25 |
| Diluted shares | — | 87.5M | 88.8M | 87.0M | 84.4M | 83.1M | 75.7M | 68.5M | 63.4M | 61.9M | 59.9M | 58.9M | 51.9M | 5.7M | 37.5M |
| Revenue growth | — | +9.5% | +20.0% | +16.0% | +13.9% | +3.1% | +37.9% | +85.2% | +25.1% | +28.7% | +40.7% | +44.3% | +41.7% | +34.6% | — |
| Gross margin | 71.2% | 69.5% | 64.8% | 62.3% | 57.1% | 56.1% | 56.6% | 61.3% | 63.1% | 58.8% | 59.6% | 57.3% | 54.6% | 52.9% | 52.3% |
| Operating margin | 25.8% | 24.6% | 13.5% | 11.8% | 1.1% | −3.2% | 4.6% | 14.5% | 27.0% | 23.7% | 23.1% | 20.6% | 19.2% | 18.6% | 15.4% |
| Net margin | 17.4% | 16.4% | 8.1% | 5.6% | −3.0% | −5.9% | 1.2% | 7.5% | 25.7% | 20.6% | 14.8% | 13.1% | 11.6% | 2.0% | 24.2% |