stockrowHealthEquity, 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
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HealthEquity, Inc. (HQY) Gross margin
HealthEquity, Inc.'s gross margin over the twelve months to 31 July 2026 was 71.3%, up 1.7 percentage points from fiscal 2026 (69.5%). Over the past ten years it has ranged from 54.6% (fiscal 2015) to 69.5% (fiscal 2026) — the current reading is the highest in ten years. That is above the Health Information Services industry median of 59.6% and above the Healthcare sector median of 53.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 69.5% | 4.74 |
| FY2025 | 64.8% | 2.49 |
| FY2024 | 62.3% | 5.20 |
| FY2023 | 57.1% | 0.95 |
| FY2022 | 56.1% | (0.48) |
| FY2021 | 56.6% | (4.64) |
| FY2020 | 61.3% | (1.82) |
| FY2019 | 63.1% | 4.30 |
| FY2018 | 58.8% | (0.85) |
| FY2017 | 59.6% | 2.37 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 73.6% | 1.28 |
| Apr 2026 | 72.3% | 4.08 |
| Jan 2026 | 68.2% | (2.60) |
| Oct 2025 | 70.8% | (0.59) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| DOCS Doximity, Inc. compare | 86.8% |
| HNGE Hinge Health Inc. compare | 84.5% |
| HTFL Heartflow, Inc. compare | 80.1% |
| HQY HealthEquity, Inc. | 71.3% |
| WAY Waystar Holding Corp. compare | 69.4% |
| TEM Tempus AI, Inc. compare | 64.5% |
| SDGR Schrodinger, Inc. compare | 58.5% |
| BTSG BrightSpring Health Services, Inc. compare | 12.5% |
| PRVA Privia Health Group, Inc. compare | 0.00% |
| Health Information Services industry median | 59.6% |
| Healthcare sector median | 53.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on HQY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement