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HealthEquity HQY Total Revenue

Total Revenue at other companies

UnitedHealth Group logo
UnitedHealth GroupUNH
$112.03B+0.4%
WBS
WBSWBS
$739.99M+3.4%
Willis Towers Watson logo
Willis Towers WatsonWTW
$2.47B+9.1%
WEX logo
WEXWEX
$753.5M+14.2%
Voya Financial logo
Voya FinancialVOYA
$1.9B-4.3%
CVS Health logo
CVS HealthCVS
$106.1B+7.3%

Segments

By product

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Custodial revenue$175.94M+10.0%
Service revenue$124.44M+5.6%
Interchange revenue$50.35M+4.7%

Other financials

Income statement

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Gross profit$258.0M+10.9%
Operating income$98.7M+10.1%
Net income$65.6M+9.7%
EPS (diluted)$0.78+14.7%

Balance sheet

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Cash & equivalents$256.0M-15.9%
Total debt$971.0M-8.0%
Total equity$2.0B-7.3%
Total assets$3.3B-4.3%

Cash flow

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Operating cash flow$136.2M+0.2%
CapEx$978.0K+26.5%
Free cash flow$135.2M+0.1%

Valuation

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Market cap$8.73B+14.7%
Enterprise value$9.44B+13.0%
P/E36.9×-15.3×
P/S6.4×+0.4×

Profitability

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Gross margin71.2%+4.8pp
Operating margin25.8%+7.3pp
Net margin17.4%+5.9pp
FCF margin35.8%+7.0pp

Returns & leverage

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Return on equity11.4%+4.7pp
Debt / equity0.5×0.0×
Current ratio-1.2×

Where this comes from

Reported directly by HealthEquity in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: HealthEquity’s 10-Q, filed August 27, 2026.

Filed
Aug 27, 2026, 8:04 AM EDT
Fiscal quarter
Q2 FY2027
Calendar quarter
Q3 2026
Accession
0001428336-26-000041
(in thousands, except per share data)Three months ended July 31, 2026Three months ended July 31, 2025Six months ended July 31, 2026Six months ended July 31, 2025
Service revenue$124,444$117,873$247,376$237,657
Custodial revenue175,936159,876350,270316,331
Interchange revenue50,35248,086107,727102,691
Total revenue350,732325,835705,373656,679
Cost of revenue
Service costs73,17075,156151,496163,161
Custodial costs12,08311,13723,73821,884
Interchange costs7,5256,94715,87314,728

Item 1. Financial statements

FAQ

What is HealthEquity's total revenue?
HealthEquity (HQY) reported total revenue of $350.73M in Q2 2026.
How has HealthEquity's total revenue changed year-over-year?
HealthEquity's total revenue increased by 7.6% year-over-year, from $325.84M to $350.73M.
What is the long-term trend for HealthEquity's total revenue?
Over 4 years (2022 to 2026), HealthEquity's total revenue has grown at a 14.8% compound annual growth rate (CAGR), from $756.56M to $1.31B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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