Saturday 17 October 2026 Export HQY’s income statement to Excel — free account

HealthEquity, Inc.

HQY Healthcare Health Information Services

HealthEquity, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $1.3 billion, up 9.47% from fiscal 2025. In the quarter to July 2026, revenue grew 7.64%, EPS grew 14.5%, free cash flow fell 3.44% and total debt fell 7.53%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three.

92.03 0.48 −0.52%

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Market cap: $7.7B
P/E: 33.0×
Fwd P/E: 30.2×
Dividend yield: —
F-score: 9/9
Altman Z: 4.39
Beneish M: −2.77
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Older periods	Oct '25	Jan '26	Apr '26	Jul '26
P/E ratio Full definition →	+8 more quarters Free account	42.80	34.97	30.49	36.06
P/S ratio Full definition →		6.30	5.71	5.18	6.16
P/FCF ratio Full definition →		22.43	18.37	15.70	19.21
P/Operating CF Full definition →		58.69	63.60	71.00	61.61
P/B ratio Full definition →		3.81	3.56	3.38	4.22
Price to Tangible BV Full definition →		0.00	0.00	0.00	0.00
EV/Sales Full definition →		6.84	6.21	5.70	6.67
EV/EBITDA Full definition →		19.62	17.06	15.32	17.81
EV/Operating CF Full definition →		21.27	17.84	15.55	18.53
EV/FCF Full definition →		24.33	19.97	17.28	20.80
Quick Ratio Full definition →		3.49	2.82	2.85	2.46
Current Ratio Full definition →		4.13	3.27	3.44	2.99
Net Debt/EBITDA Full definition →		5.71	5.80	4.80	4.79
Debt/Assets Full definition →		28.90%	28.32%	28.51%	28.46%
Debt/Equity Full definition →		0.46	0.45	0.46	0.47
Asset Turnover Full definition →		0.37	0.38	0.40	0.41
Operating CF/Net income Full definition →		2.68	2.37	1.40	2.07
Capex/Depreciation Full definition →		(0.29)	(0.26)	(0.43)	(0.37)
Interest Coverage Full definition →		5.60	5.36	8.18	7.83
Research and Development Expense of Revenue Full definition →		20.46%	21.03%	19.11%	21.08%
Selling, General and Administrative Expense of Revenue Full definition →		17.16%	17.47%	16.34%	16.56%
Intangible Assets out of Total Assets Full definition →		0.82	0.81	0.82	0.82
Share Based Compensation of Revenue Full definition →		6.38%	5.71%	5.47%	6.33%
Graham Net Nets Full definition →		(0.09)	(0.10)	(0.11)	(0.10)
Graham Number Full definition →		35.13	37.02	38.31	38.71
Earnings Yield Full definition →		2.34%	2.86%	3.28%	2.77%
Free Cash Flow Yield Full definition →		4.46%	5.44%	6.37%	5.21%
Revenue per Share Full definition →		3.75	3.88	4.20	4.21
Operating CF per Share Full definition →		1.61	1.37	1.16	1.63
Capex per Share Full definition →		(0.13)	(0.12)	(0.19)	(0.19)
Free Cash Flow per Share Full definition →		1.48	1.25	0.96	1.44
Cash per Share Full definition →		3.60	3.70	3.14	3.07
Shareholders Equity per Share Full definition →		24.82	24.46	24.25	23.87
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		24.82	24.46	24.25	23.87
Free Cash Flow Full definition →		127.19	107.84	81.23	120.39
Working Capital Full definition →		378.08	355.43	330.79	306.43
Capital Expenditures Full definition →		(11.38)	(10.07)	(16.29)	(15.77)
Net Current Asset Value Full definition →		(765.33)	(760.85)	(792.26)	(821.05)
EV/EBIT Full definition →		30.06	25.29	22.26	25.84
Capex to Sales Full definition →		0.04	0.03	0.05	0.05
Price to Operating Income Full definition →		27.71	23.26	20.23	23.87
Other line items
Average Receivables Full definition →		108.98	120.85	119.13	116.68
Average Payables Full definition →		14.95	13.26	13.86	9.10
Average Assets Full definition →		3,443.20	3,414.44	3,361.23	3,344.02
Average Common Equity Full definition →		2,129.36	2,111.05	2,085.60	2,068.27

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