Skip to content

HealthEquity HQY Business Segments

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Total Revenue by Product
Custodial revenue$174.33M+8.0%$161.4M+1.5%$159.07M-0.5%$159.88M+2.2%$156.46M+8.5%
Interchange revenue$57.38M+24.4%$46.11M+7.7%$42.81M-11.0%$48.09M-11.9%$54.61M+25.6%
Service revenue$122.93M-3.3%$127.08M+5.6%$120.29M+2.0%$117.87M-1.6%$119.78M-3.6%
Total Cost of Revenue by Product
Custodial revenue$11.66M+5.4%$11.06M+1.6%$10.88M-2.3%$11.14M+3.6%$10.75M+4.7%
Interchange revenue$8.35M+20.6%$6.92M+9.3%$6.33M-8.8%$6.95M-10.7%$7.78M+10.5%
Service revenue$78.33M-11.5%$88.46M+15.0%$76.89M+2.3%$75.16M-14.6%$88.01M-16.6%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

How does HealthEquity break its business down?
HealthEquity (HQY) reports total revenue by product across 3 parts — Custodial revenue, Interchange revenue and Service revenue. Each is extracted from the segment footnotes and tracked over time.
Where does HealthEquity's segment data come from?
Segment breakdowns are pulled from the segment footnotes in HealthEquity's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.