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Friday 6 November 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.

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

Quarter to July 2026, against a year earlier

103.64 0.18 +0.17%
Market cap
$8.6B
P/E
37.1×
Fwd P/E
34.8×
Dividend yield
—
F-score
9/9
Altman Z
4.39
Beneish M
−2.77
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

HealthEquity, Inc. (HQY) EV/FCF

Alert me on EV/FCF

As of 6 November 2026, HealthEquity, Inc. (HQY) trades at a EV/FCF of 21.4×. Over the past ten years it has ranged from −272× (June 2024) to 1,701× (April 2022); the current reading is higher than 18% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2026 20.0× —
FY2025 −62.6× —
FY2024 35.4× (80.82%)
FY2023 184× (85.99%)
FY2022 1,315× 1,517.81%
FY2021 81.3× (6.23%)
FY2020 86.7× 144.17%
FY2019 35.5× (38.99%)
FY2018 58.2× (24.29%)
FY2017 76.9× 22.63%

Quarterly newest first

Period EV/FCF Change
Jul 2026 20.8× 20.36%
Apr 2026 17.3× (13.49%)
Jan 2026 20.0× (17.91%)
Oct 2025 24.3× (16.41%)
43 more quarters

Against its own ten years

Low −272× High 1,701×
Ten-year median 63.2×
Current reading's percentile 7

EV/FCF against peers

Company EV/FCF
TEM Tempus AI, Inc. compare −89.6×
HTFL Heartflow, Inc. compare −76.6×
SDGR Schrodinger, Inc. compare −15.4×
DOCS Doximity, Inc. compare 17.7×
HQY HealthEquity, Inc. 21.2×
PRVA Privia Health Group, Inc. compare 24.3×
WAY Waystar Holding Corp. compare 25.3×
BTSG BrightSpring Health Services, Inc. compare 30.7×
HNGE Hinge Health Inc. compare 30.9×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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