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HealthEquity HQY Intangibles (Net)

Intangibles (Net) at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
$20.09B-12.4%
Webster Financial Corporation logo
Webster Financial CorporationWBS
$290.51M-8.1%
Willis Towers Watson logo
Willis Towers WatsonWTW
$1.44B+17.2%
WEX logo
WEXWEX
$1.05B-10.9%
Voya Financial logo
Voya FinancialVOYA
$854M+1.8%
CVS Health logo
CVS HealthCVS
$24.64B

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$8.73B+11.0%
Enterprise value$9.45B+9.7%
P/E37.8×-16.1×
P/S6.5×+0.3×

Profitability

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Gross margin70.7%+5.2pp
Operating margin25.6%+9.2pp
Net margin17.3%+7.5pp
FCF margin36.5%+9.3pp

Returns & leverage

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

Where this comes from

Reported directly by HealthEquity in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The source filing: HealthEquity’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001428336-26-000028
(in thousands)Gross carrying amountAccumulated amortizationNet carrying amount
Amortizable intangible assets:
Software and software development costs$370,113$(289,418)$80,695
Acquired HSA portfolios737,304(185,800)551,504
Acquired customer relationships759,782(321,436)438,346
Acquired developed technology132,825(130,325)2,500
Acquired trade names12,900(12,900)
Total amortizable intangible assets$2,012,924$(939,879)$1,073,045

Item 1. Financial statements

FAQ

What is HealthEquity's intangibles (net)?
HealthEquity (HQY) reported intangibles (net) of $1.07B in Q1 2026.
How has HealthEquity's intangibles (net) changed year-over-year?
HealthEquity's intangibles (net) decreased by 9.0% year-over-year, from $1.18B to $1.07B.
What is the long-term trend for HealthEquity's intangibles (net)?
Over 5 years (2021 to 2026), HealthEquity's intangibles (net) has grown at a 7.4% compound annual growth rate (CAGR), from $767M to $1.1B.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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