HealthEquity HQY Business Segments
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Total Revenue by Product | |||||
| Custodial revenue | $636.8M+16.8% | $545.41M+32.3% | $412.18M+45.6% | $283.11M+39.6% | |
| Interchange revenue | $191.61M+8.8% | $176.04M+11.9% | $157.3M+6.0% | $148.44M+17.0% | |
| Service revenue | $485.02M+1.4% | $478.32M+5.0% | $455.69M+0.8% | $452.03M+1.9% | |
| Total Cost of Revenue by Product | |||||
| Custodial revenue | $43.82M+10.4% | $39.68M+22.1% | $32.5M+24.5% | $26.1M+33.9% | |
| Interchange revenue | $27.99M-10.5% | $31.25M+15.4% | $27.09M+7.5% | $25.2M+21.8% | |
| Service revenue | $328.51M-6.6% | $351.59M+10.8% | $317.36M-0.4% | $318.52M+9.2% |
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.
