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

103.48 0.02 +0.02%
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) Revenue growth

Alert me on Revenue growth

HealthEquity, Inc.'s revenue growth over the twelve months to 31 July 2026 was 7.34%, down 2.1 percentage points from fiscal 2026 (9.47%). Over the past ten years it has ranged from 3.13% (fiscal 2022) to 85.2% (fiscal 2020); the current reading is higher than 17% of that period. That is above the Health Information Services industry median of 6.48% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2026 9.47% (10.56)
FY2025 20.0% 4.03
FY2024 16.0% 2.10
FY2023 13.9% 10.77
FY2022 3.13% (34.76)
FY2021 37.9% (47.32)
FY2020 85.2% 60.06
FY2019 25.2% (3.53)
FY2018 28.7% (12.01)
FY2017 40.7% (3.62)

Quarterly newest first

Period Revenue growth Change (points)
Jul 2026 7.64% 0.45
Apr 2026 7.19% (0.11)
Jan 2026 7.30% 0.07
Oct 2025 7.23% (1.41)
43 more quarters

Against its own ten years

Low 3.13% High 85.2%
Ten-year median 26.9%
Current reading's percentile 17

Revenue growth against peers

Company Revenue growth
HNGE Hinge Health Inc. compare 58.8%
HTFL Heartflow, Inc. compare 42.8%
TEM Tempus AI, Inc. compare 36.6%
BTSG BrightSpring Health Services, Inc. compare 26.0%
WAY Waystar Holding Corp. compare 21.4%
PRVA Privia Health Group, Inc. compare 19.2%
HQY HealthEquity, Inc. 7.34%
DOCS Doximity, Inc. compare 6.48%
SDGR Schrodinger, Inc. compare 4.77%
Health Information Services industry median 6.48%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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