Skip to content
OpenCapital
Get started

HealthEquity HQY Gross margin

Gross margin at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
88.6%+0.4pp
CVS Health logo
CVS HealthCVS
44.7%-0.1pp
Centene logo
CenteneCNC
98.7%+0.3pp

Other financials

Income statement

See full
Revenue$354.6M+7.2%
Gross profit$256.3M+14.3%
Operating income$103.0M+23.9%
Net income$69.4M+28.8%
EPS (diluted)$0.82+34.4%

Balance sheet

See full
Cash & equivalents$265.4M-7.8%
Total debt$984.7M-11.0%
Total equity$2.0B-3.6%
Total assets$3.3B-3.2%

Cash flow

See full
Operating cash flow$97.5M+50.6%
CapEx$362.0K+321%
Free cash flow$97.2M+50.3%

Valuation

See full
Market cap$7.12B-6.7%
Enterprise value$7.84B-7.2%
P/E30.9×-31.8×
P/S5.3×-0.8×

Profitability

See full
Operating margin25.6%+9.2pp
Net margin17.3%+7.5pp
FCF margin36.5%+9.3pp

Returns & leverage

See full
Return on equity11.1%+5.3pp
Debt / equity0.5×0.0×
Current ratio3.4×-0.6×

Where this comes from

Calculated from HealthEquity’s reported figures.

gross profit/total revenue=70.7%

Based on trailing twelve months.

The official record: HealthEquity’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about HealthEquity's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is HealthEquity's gross margin?
HealthEquity (HQY) reported gross margin of 70.7% in Q1 2026.
How has HealthEquity's gross margin changed year-over-year?
HealthEquity's gross margin increased by 7.9% year-over-year, from 65.5% to 70.7%.
What is the long-term trend for HealthEquity's gross margin?
Over 5 years (2021 to 2026), HealthEquity's gross margin has grown at a 4.2% compound annual growth rate (CAGR), from 56.6% to 69.5%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.