Pricing Log in Create free account
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/Sales

Alert me on EV/Sales

As of 6 November 2026, HealthEquity, Inc. (HQY) trades at a EV/Sales of 6.9×. Over the past ten years it has ranged from 4.8× (December 2021) to 22.2× (September 2018); the current reading is higher than 20% of that period. That is above the Health Information Services industry median of 2.3× and above the Healthcare sector median of 3.6×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2026 6.2× (28.16%)
FY2025 8.6× 24.22%
FY2024 7.0× 3.22%
FY2023 6.7× (0.93%)
FY2022 6.8× (27.47%)
FY2021 9.4× (8.53%)
FY2020 10.3× (15.66%)
FY2019 12.2× (0.74%)
FY2018 12.3× (13.64%)
FY2017 14.2× 66.15%

Quarterly newest first

Period EV/Sales Change
Jul 2026 6.7× 17.00%
Apr 2026 5.7× (8.24%)
Jan 2026 6.2× (9.18%)
Oct 2025 6.8× (4.83%)
43 more quarters

Against its own ten years

Low 4.8× High 22.2×
Ten-year median 8.3×
Current reading's percentile 21

EV/Sales against peers

Company EV/Sales
BTSG BrightSpring Health Services, Inc. compare 1.0×
PRVA Privia Health Group, Inc. compare 1.1×
WAY Waystar Holding Corp. compare 5.2×
HQY HealthEquity, Inc. 6.9×
SDGR Schrodinger, Inc. compare 6.9×
DOCS Doximity, Inc. compare 7.7×
TEM Tempus AI, Inc. compare 9.6×
HNGE Hinge Health Inc. compare 12.2×
HTFL Heartflow, Inc. compare 21.5×
Health Information Services industry median 2.3×
Healthcare sector median 3.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

More on HQY