HealthEquity, Inc.
NASDAQ:HQY
86.95 (USD) • At close November 4, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 299.928 | 287.597 | 262.387 | 249.219 | 243.549 | 244.432 | 233.841 | 216.086 | 206.142 | 205.679 | 203.297 | 179.954 | 189.103 | 184.202 | 188.169 | 179.351 | 176.039 | 190.011 | 201.2 | 157.118 | 86.623 | 87.052 | 75.777 | 70.495 | 71.067 | 69.904 | 60.436 | 56.789 | 56.879 | 55.421 | 46.814 | 43.358 | 44.185 | 44.013 | 35.886 | 30.556 | 30.494 | 29.85 | 24.871 | 21.862 | 20.891 | 20.231 | 17.161 | 15.248 | 14.982 | 14.624 |
| Cost of Revenue
| 126.857 | 126.004 | 122.285 | 90.811 | 92.619 | 96.606 | 99.593 | 89.228 | 88.33 | 94.506 | 97.998 | 76.634 | 77.132 | 81.086 | 87.251 | 74.793 | 74.255 | 81.937 | 87.519 | 61.083 | 28.183 | 29.299 | 31.332 | 24.678 | 24.492 | 25.548 | 28.79 | 23.062 | 21.077 | 21.68 | 22.585 | 17.467 | 15.631 | 16.332 | 17.455 | 12.88 | 11.909 | 11.944 | 12.358 | 9.63 | 9.122 | 8.772 | 8.739 | 6.87 | 6.639 | 6.965 |
| Gross Profit
| 173.071 | 161.593 | 140.102 | 158.408 | 150.93 | 147.826 | 134.248 | 126.858 | 117.812 | 111.173 | 105.299 | 103.32 | 111.971 | 103.116 | 100.918 | 104.558 | 101.784 | 108.074 | 113.681 | 96.035 | 58.44 | 57.753 | 44.445 | 45.817 | 46.575 | 44.356 | 31.646 | 33.727 | 35.802 | 33.741 | 24.229 | 25.891 | 28.554 | 27.681 | 18.431 | 17.676 | 18.585 | 17.906 | 12.513 | 12.232 | 11.769 | 11.459 | 8.422 | 8.378 | 8.343 | 7.659 |
| Gross Profit Ratio
| 0.577 | 0.562 | 0.534 | 0.636 | 0.62 | 0.605 | 0.574 | 0.587 | 0.572 | 0.541 | 0.518 | 0.574 | 0.592 | 0.56 | 0.536 | 0.583 | 0.578 | 0.569 | 0.565 | 0.611 | 0.675 | 0.663 | 0.587 | 0.65 | 0.655 | 0.635 | 0.524 | 0.594 | 0.629 | 0.609 | 0.518 | 0.597 | 0.646 | 0.629 | 0.514 | 0.578 | 0.609 | 0.6 | 0.503 | 0.56 | 0.563 | 0.566 | 0.491 | 0.549 | 0.557 | 0.524 |
| Reseach & Development Expenses
| 58.58 | 56.09 | 55.238 | 55.614 | 54.767 | 53.192 | 52.722 | 48.89 | 46.58 | 45.183 | 45.927 | 38.07 | 37.898 | 35.469 | 32.319 | 30.758 | 30.654 | 31.078 | 31.515 | 23.511 | 11.645 | 10.905 | 10.002 | 8.678 | 8.398 | 7.979 | 7.48 | 6.866 | 6.797 | 6.242 | 6.548 | 6.209 | 4.993 | 4.625 | 4.891 | 4.419 | 3.998 | 3.524 | 3.202 | 2.811 | 2.302 | 2.186 | 2.011 | 1.803 | 1.659 | 1.669 |
| General & Administrative Expenses
| 32.26 | 38.236 | 25.293 | 26.379 | 27.09 | 24.894 | 20.833 | 25.131 | 25.937 | 23.727 | 20.876 | 20.004 | 22.812 | 20.687 | 22.903 | 22.099 | 20.493 | 18.998 | 23.368 | 19.222 | 9.262 | 8.709 | 8.478 | 9.161 | 7.893 | 7.507 | 6.757 | 6.252 | 6.234 | 5.868 | 4.861 | 5.166 | 5.55 | 4.574 | 3.535 | 3.477 | 3.943 | 3.158 | 3.091 | 2.443 | 1.666 | 1.143 | 1.268 | 0.894 | 0.825 | 0.91 |
| Selling & Marketing Expenses
| 21.525 | 23.494 | 20.559 | 19.656 | 19.123 | 19.935 | 19.201 | 17.245 | 15.843 | 16.56 | 16.317 | 12.726 | 15.476 | 14.086 | 13.462 | 12.88 | 12.167 | 11.455 | 13.936 | 12.654 | 8.391 | 8.97 | 7.893 | 7.502 | 7.243 | 6.86 | 7.432 | 5.892 | 5.194 | 4.621 | 5.556 | 4.391 | 4.19 | 4.183 | 4.665 | 3.067 | 2.737 | 2.833 | 3.79 | 2.275 | 2.321 | 2.233 | 3.144 | 1.876 | 1.837 | 1.745 |
| SG&A
| 53.785 | 61.73 | 43.699 | 46.035 | 46.213 | 44.829 | 40.034 | 42.376 | 41.78 | 40.287 | 37.193 | 32.73 | 38.288 | 34.773 | 36.365 | 34.979 | 32.66 | 30.453 | 37.304 | 31.876 | 17.653 | 17.679 | 16.371 | 16.663 | 15.136 | 14.367 | 14.189 | 12.144 | 11.428 | 10.489 | 10.417 | 9.557 | 9.74 | 8.757 | 8.2 | 6.544 | 6.68 | 5.991 | 6.881 | 4.718 | 3.987 | 3.376 | 4.412 | 2.77 | 2.662 | 2.655 |
| Other Expenses
| 0.011 | -0.477 | 0.128 | 3.741 | 0.272 | 23.166 | 23.166 | 23.541 | 24.181 | 23.698 | -5.767 | 3.122 | 1.476 | -3.63 | 5.283 | -0.421 | -0.824 | -0.764 | -0.732 | -30.949 | -1.128 | 23.6 | -0.221 | -1.555 | -0.075 | -0.001 | -1.706 | -0.395 | -0.038 | -0.09 | -0.158 | -0.256 | -0.037 | -0.641 | -0.063 | 0.121 | -0.542 | -0.105 | -0.098 | -0.145 | -0.039 | -0.092 | 0.023 | -0.029 | -0.03 | -0.073 |
| Operating Expenses
| 112.365 | 117.82 | 98.937 | 124.862 | 124.146 | 121.187 | 115.922 | 114.807 | 112.541 | 109.168 | 106.166 | 90.442 | 96.475 | 90.056 | 87.843 | 84.863 | 82.391 | 80.233 | 87.487 | 68.438 | 30.792 | 30.075 | 27.864 | 26.831 | 25.012 | 23.816 | 23.212 | 20.165 | 19.307 | 17.814 | 18.048 | 16.849 | 15.815 | 14.431 | 14.072 | 11.372 | 11.087 | 9.924 | 10.493 | 7.938 | 6.698 | 5.971 | 6.833 | 4.982 | 4.73 | 4.733 |
| Operating Income
| 60.706 | 43.773 | 41.165 | 30.891 | 24.74 | 23.181 | 19.423 | 12.494 | 5.303 | 1.704 | -27.25 | -0.366 | -0.875 | 4.253 | 0.146 | 11.502 | 9.028 | 15.071 | 14.542 | 9.922 | 24.864 | 27.678 | 16.581 | 18.986 | 21.563 | 20.54 | 8.434 | 13.562 | 16.495 | 15.927 | 6.181 | 9.042 | 12.739 | 13.25 | 4.359 | 6.304 | 7.498 | 7.982 | 2.02 | 4.294 | 5.071 | 5.488 | 1.589 | 3.396 | 3.613 | 2.926 |
| Operating Income Ratio
| 0.202 | 0.152 | 0.157 | 0.124 | 0.102 | 0.095 | 0.083 | 0.058 | 0.026 | 0.008 | -0.134 | -0.002 | -0.005 | 0.023 | 0.001 | 0.064 | 0.051 | 0.079 | 0.072 | 0.063 | 0.287 | 0.318 | 0.219 | 0.269 | 0.303 | 0.294 | 0.14 | 0.239 | 0.29 | 0.287 | 0.132 | 0.209 | 0.288 | 0.301 | 0.121 | 0.206 | 0.246 | 0.267 | 0.081 | 0.196 | 0.243 | 0.271 | 0.093 | 0.223 | 0.241 | 0.2 |
| Total Other Income Expenses Net
| -14.09 | -10.534 | -11.448 | 1.086 | -1.772 | -13.169 | -19.415 | -18.674 | -19.176 | -19.755 | -32.15 | -10.122 | -16.56 | -12.437 | -7.646 | -8.614 | -11.189 | -13.534 | -12.384 | -48.624 | -3.912 | 23.6 | -0.221 | -1.555 | -0.075 | -0.001 | -1.706 | -0.395 | -0.038 | -0.09 | -0.158 | -0.256 | -0.037 | -0.641 | -0.063 | 0.121 | -0.542 | -0.105 | -0.098 | -0.145 | -0.039 | -0.827 | -5.845 | -0.138 | -0.03 | -0.073 |
| Income Before Tax
| 46.616 | 33.239 | 29.717 | 21.087 | 14.224 | 10.012 | 0.008 | -6.18 | -13.873 | -18.051 | -43.765 | -9.125 | -7.785 | -6.066 | -1.342 | 4.129 | -0.691 | 2.044 | -0.607 | -31.252 | 23.736 | 51.278 | 16.36 | 17.431 | 21.488 | 20.539 | 6.728 | 13.167 | 16.457 | 15.837 | 6.023 | 8.786 | 12.702 | 12.609 | 4.296 | 6.425 | 6.956 | 7.877 | 1.922 | 4.149 | 5.032 | 4.661 | -4.3 | 3.258 | 3.573 | 2.843 |
| Income Before Tax Ratio
| 0.155 | 0.116 | 0.113 | 0.085 | 0.058 | 0.041 | 0 | -0.029 | -0.067 | -0.088 | -0.215 | -0.051 | -0.041 | -0.033 | -0.007 | 0.023 | -0.004 | 0.011 | -0.003 | -0.199 | 0.274 | 0.589 | 0.216 | 0.247 | 0.302 | 0.294 | 0.111 | 0.232 | 0.289 | 0.286 | 0.129 | 0.203 | 0.287 | 0.286 | 0.12 | 0.21 | 0.228 | 0.264 | 0.077 | 0.19 | 0.241 | 0.23 | -0.251 | 0.214 | 0.238 | 0.194 |
| Income Tax Expense
| 10.794 | 4.426 | 3.353 | 6.414 | 3.643 | 5.918 | 0.217 | -4.539 | -3.219 | -4.412 | -10.947 | -4.087 | -3.967 | -3.451 | -6.709 | 2.34 | -0.543 | 0.218 | -0.417 | -9.918 | 4.37 | 9.456 | 3.241 | 1.745 | -1.029 | -2.038 | 0.823 | 2.685 | -0.489 | 1.808 | 1.961 | 2.778 | 4.469 | 4.536 | 1.168 | 2.338 | 2.535 | 2.9 | 0.551 | 1.1 | 2.004 | 1.943 | 0.417 | 1.28 | 1.351 | 1.093 |
| Net Income
| 35.822 | 28.813 | 26.364 | 14.673 | 10.581 | 4.094 | -0.209 | -1.641 | -10.654 | -13.639 | -32.818 | -5.038 | -3.818 | -2.615 | 5.367 | 1.789 | -0.148 | 1.826 | -0.19 | -21.334 | 19.366 | 41.822 | 13.119 | 15.686 | 22.517 | 22.577 | 5.905 | 10.482 | 16.946 | 14.029 | 4.062 | 6.008 | 8.233 | 8.073 | 3.128 | 4.087 | 4.421 | 4.977 | 1.371 | 3.049 | 3.028 | 2.718 | -4.717 | 1.978 | 2.222 | 1.75 |
| Net Income Ratio
| 0.119 | 0.1 | 0.1 | 0.059 | 0.043 | 0.017 | -0.001 | -0.008 | -0.052 | -0.066 | -0.161 | -0.028 | -0.02 | -0.014 | 0.029 | 0.01 | -0.001 | 0.01 | -0.001 | -0.136 | 0.224 | 0.48 | 0.173 | 0.223 | 0.317 | 0.323 | 0.098 | 0.185 | 0.298 | 0.253 | 0.087 | 0.139 | 0.186 | 0.183 | 0.087 | 0.134 | 0.145 | 0.167 | 0.055 | 0.139 | 0.145 | 0.134 | -0.275 | 0.13 | 0.148 | 0.12 |
| EPS
| 0.41 | 0.33 | 0.31 | 0.17 | 0.12 | 0.048 | -0.003 | -0.019 | -0.13 | -0.16 | -0.39 | -0.06 | -0.046 | -0.032 | 0.07 | 0.02 | -0.002 | 0.03 | -0.003 | -0.3 | 0.3 | 0.67 | 0.21 | 0.25 | 0.36 | 0.37 | 0.1 | 0.17 | 0.28 | 0.23 | 0.07 | 0.1 | 0.14 | 0.14 | 0.05 | 0.07 | 0.08 | 0.09 | 0.03 | 0.06 | 0.19 | 0.078 | -0.58 | 0.075 | 0.085 | 0.22 |
| EPS Diluted
| 0.4 | 0.33 | 0.3 | 0.17 | 0.12 | 0.048 | -0.003 | -0.019 | -0.13 | -0.16 | -0.39 | -0.06 | -0.046 | -0.032 | 0.07 | 0.02 | -0.002 | 0.03 | -0.003 | -0.3 | 0.3 | 0.65 | 0.21 | 0.25 | 0.36 | 0.36 | 0.09 | 0.17 | 0.27 | 0.23 | 0.07 | 0.1 | 0.14 | 0.14 | 0.05 | 0.07 | 0.08 | 0.09 | 0.02 | 0.05 | 0.06 | 0.07 | -0.58 | 0.029 | 0.044 | 0.042 |
| EBITDA
| 104.316 | 82.711 | 79.076 | 60.5 | 67.886 | 67.508 | 59.898 | 52.994 | 46.043 | 41.19 | 32.19 | 35.642 | 50.556 | 41.198 | 48.777 | 48.653 | 47.168 | 54.584 | 52.023 | 15.717 | 35.381 | 32.451 | 21.268 | 23.568 | 25.959 | 25.06 | 13.244 | 17.568 | 20.149 | 19.409 | 9.824 | 12.46 | 15.917 | 16.197 | 5.34 | 6.713 | 7.907 | 8.391 | 2.332 | 4.703 | 5.441 | 6.647 | 2.481 | 4.656 | 4.592 | 3.833 |
| EBITDA Ratio
| 0.348 | 0.288 | 0.301 | 0.243 | 0.279 | 0.276 | 0.256 | 0.245 | 0.223 | 0.2 | 0.158 | 0.198 | 0.267 | 0.224 | 0.259 | 0.271 | 0.268 | 0.287 | 0.259 | 0.1 | 0.408 | 0.373 | 0.281 | 0.334 | 0.365 | 0.358 | 0.219 | 0.309 | 0.354 | 0.35 | 0.21 | 0.287 | 0.36 | 0.368 | 0.149 | 0.22 | 0.259 | 0.281 | 0.094 | 0.215 | 0.26 | 0.329 | 0.145 | 0.305 | 0.307 | 0.262 |