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.

Revenue
+7.64%
EPS
+14.5%
Free cash flow
−3.44%
Total debt
−7.53%

Quarter to July 2026, against a year earlier

103.04 0.42 −0.41%
Market cap
$8.6B
P/E
36.9×
Fwd P/E
34.8×
Dividend yield
—
F-score
9/9
Altman Z
4.39
Beneish M
−2.77
Dividend safety
n/a

HealthEquity, Inc. (HQY) EBITDA

Alert me on EBITDA

HealthEquity, Inc.'s EBITDA for fiscal 2026 was $478.2M, up 46.3% from $326.9M in fiscal 2025. Over the twelve months to 31 July 2026 it was $510.0M. Over the past ten years it has ranged from $22.8M (fiscal 2015) to $478.2M (fiscal 2026) — the current reading is the highest in ten years. EBITDA has risen for 4 consecutive fiscal years. HealthEquity, Inc. ranks 3rd of 43 Health Information Services companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2026 $478.2M 46.30%
FY2025 $326.9M 19.45%
FY2024 $273.6M 57.69%
FY2023 $173.5M 47.80%
FY2022 $117.4M (24.27%)
FY2021 $155.0M 14.77%
FY2020 $135.1M 40.82%
FY2019 $95.9M 36.30%
FY2018 $70.4M 29.36%
FY2017 $54.4M 56.46%

Quarterly newest first

Period EBITDA Change
Jul 2026 $141.0M (0.21%)
Apr 2026 $141.2M 28.39%
Jan 2026 $110.0M (6.57%)
Oct 2025 $117.7M (8.25%)
43 more quarters

Against its own ten years

Low $22.8M High $478.2M
Ten-year median $126.2M
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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