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HealthEquity HQY Operating Income

Operating Income at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
$8.99B-1.4%
Webster Financial Corporation logo
Webster Financial CorporationWBS
$355.03M-4.1%
Willis Towers Watson logo
Willis Towers WatsonWTW
$364M-1.1%
WEX logo
WEXWEX
$203.2M+29.6%
CVS Health logo
CVS HealthCVS
$4.7B+97.5%
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
-$9.56M-716%

Other financials

Income statement

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Revenue$354.6M+7.2%
Gross profit$256.3M+14.3%
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:OperatingIncomeLoss.

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, except per share data)Three months ended April 30, 2026Three months ended April 30, 2025
Amortization of acquired intangible assets26,51527,002
Merger integration1,1131,275
Total operating expenses153,359141,233
Income from operations102,95383,078
Other expense
Interest expense(12,588)(14,858)
Other income, net2,0482,733
Total other expense(10,540)(12,125)

Item 1. Financial statements

FAQ

What is HealthEquity's operating income?
HealthEquity (HQY) reported operating income of $102.95M in Q1 2026.
How has HealthEquity's operating income changed year-over-year?
HealthEquity's operating income increased by 23.9% year-over-year, from $83.08M to $102.95M.
What is the long-term trend for HealthEquity's operating income?
Over 4 years (2022 to 2026), HealthEquity's operating income has grown at a 91.0% compound annual growth rate (CAGR), from -$24.24M to $322.46M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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