HealthEquity HQY Service revenue — Total Cost of Revenue

Other product segments

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Questions, answered.

What is HealthEquity's service revenue — total cost of revenue?

HealthEquity (HQY) reported service revenue — total cost of revenue of $78.33M in Q1 2026.

How has HealthEquity's service revenue — total cost of revenue changed year-over-year?

HealthEquity's service revenue — total cost of revenue decreased by 11.0% year-over-year, from $88.01M to $78.33M.

What is the long-term trend for HealthEquity's service revenue — total cost of revenue?

Over 4 years (2022 to 2026), HealthEquity's service revenue — total cost of revenue has grown at a 3.0% compound annual growth rate (CAGR), from $291.62M to $328.51M.

What does service revenue — total cost of revenue mean?

This metric measures the direct expenses incurred to deliver the company's service-based offerings, including personnel costs, technology infrastructure, and operational support. It reflects the cost structure required to maintain and provide these specific services to the customer base. Monitoring this metric is essential for evaluating the direct profitability and operational efficiency of the service segment.