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) Operating margin
HealthEquity, Inc.'s operating margin over the twelve months to 31 July 2026 was 25.8%, up 1.2 percentage points from fiscal 2026 (24.6%). Over the past ten years it has ranged from −3.20% (fiscal 2022) to 27.0% (fiscal 2019); the current reading is higher than 92% of that period. That is above the Health Information Services industry median of −10.5% and above the Healthcare sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 24.6% | 11.02 |
| FY2025 | 13.5% | 1.76 |
| FY2024 | 11.8% | 10.72 |
| FY2023 | 1.05% | 4.25 |
| FY2022 | −3.20% | (7.84) |
| FY2021 | 4.64% | (9.84) |
| FY2020 | 14.5% | (12.56) |
| FY2019 | 27.0% | 3.33 |
| FY2018 | 23.7% | 0.61 |
| FY2017 | 23.1% | 2.48 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | 28.1% | (0.89) |
| Apr 2026 | 29.0% | 7.79 |
| Jan 2026 | 21.2% | (3.19) |
| Oct 2025 | 24.4% | (3.07) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DOCS Doximity, Inc. compare | 26.3% |
| HQY HealthEquity, Inc. | 25.8% |
| WAY Waystar Holding Corp. compare | 21.9% |
| HNGE Hinge Health Inc. compare | 13.0% |
| BTSG BrightSpring Health Services, Inc. compare | 3.41% |
| PRVA Privia Health Group, Inc. compare | 2.10% |
| TEM Tempus AI, Inc. compare | −18.5% |
| HTFL Heartflow, Inc. compare | −37.8% |
| SDGR Schrodinger, Inc. compare | −49.6% |
| Health Information Services industry median | −10.5% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on HQY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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