HealthEquity (HQY)
Custodian of U.S. health savings accounts and administrator of consumer-directed benefits.
$90.95
vs last close−0.80 (−0.88%)
In millions of USD, except per-share figures
| In millions | Q3 FY24Oct 2023 | Q4 FY24Jan 2024 | Q1 FY25Apr 2024 | Q2 FY25Jul 2024 | Q3 FY25Oct 2024 | Q4 FY25Jan 2025 | Q1 FY26Apr 2025 | Q2 FY26Jul 2025 | Q3 FY26Oct 2025 | Q4 FY26Jan 2026 | Q1 FY27Apr 2026 | Q2 FY27Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 249 | 262 | 288 | 300 | 300 | 312 | 331 | 326 | 322 | 335 | 355 | 351 |
| Cost of revenue | 114 | 122 | 126 | 127 | 132 | 123 | 134 | 120 | 121 | 25 | 98 | 93 |
| Gross profit | 135 | 140 | 162 | 173 | 169 | 189 | 197 | 206 | 201 | 309 | 256 | 258 |
| 102 | 99 | 118 | 112 | 115 | 118 | 113 | 115 | 121 | 242 | 153 | 159 | |
| Research & development | 56 | 55 | 56 | 59 | 60 | 65 | 61 | 65 | 66 | 70 | 68 | 74 |
| 46 | 44 | 62 | 54 | 54 | 53 | 52 | 50 | 55 | 171 | 58 | 58 | |
| Selling & marketing | 20 | 21 | 23 | 22 | 23 | 23 | 26 | 20 | 24 | 25 | 27 | 23 |
| General & administrative | 26 | 23 | 38 | 32 | 32 | 30 | 26 | 30 | 31 | 147 | 31 | 35 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28 | 27 |
| Operating income | 34 | 41 | 44 | 61 | 54 | 72 | 84 | 91 | 80 | 67 | 103 | 99 |
| −12 | −11 | −11 | −14 | −48 | −42 | −13 | −13 | −12 | −6 | −11 | −11 | |
| Interest income | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 0 |
| Interest expense | 14 | 14 | 12 | 15 | 18 | 15 | 15 | 15 | 14 | 13 | 13 | 13 |
| Other non-operating income | −1 | −2 | −1 | −1 | 30 | 26 | −1 | −2 | −2 | 5 | 10 | −2 |
| Income before tax | 21 | 30 | 33 | 47 | 6 | 30 | 71 | 78 | 68 | 61 | 92 | 88 |
| Income tax expense | 6 | 3 | 4 | 11 | 1 | 4 | 17 | 18 | 16 | 11 | 23 | 22 |
| Net income from continuing operations | 15 | 26 | 29 | 36 | 6 | 26 | 54 | 60 | 52 | 50 | 69 | 66 |
| Net income | 15 | 26 | 29 | 36 | 6 | 26 | 54 | 60 | 52 | 50 | 69 | 66 |
| EPS, basic | $0.17 | $0.31 | $0.33 | $0.41 | $0.07 | $0.30 | $0.62 | $0.69 | $0.60 | $0.59 | $0.82 | $0.79 |
| EPS, diluted | $0.17 | $0.30 | $0.33 | $0.40 | $0.06 | $0.30 | $0.61 | $0.68 | $0.59 | $0.58 | $0.82 | $0.78 |
| Weighted average shares, basic | 86 | 86 | 86 | 87 | 87 | 87 | 87 | 87 | 86 | 86 | 84 | 83 |
| Weighted average shares, diluted | 87 | 87 | 88 | 89 | 89 | 89 | 88 | 88 | 87 | 87 | 85 | 84 |
| EBITDA | 58 | 81 | 84 | 106 | 65 | 84 | 125 | 131 | 120 | 101 | 106 | 142 |
| Depreciation & amortization | 23 | 38 | 39 | 44 | 41 | 39 | 39 | 38 | 39 | 39 | 13 | 42 |
| EBIT | 35 | 43 | 45 | 62 | 24 | 45 | 86 | 93 | 82 | 62 | 93 | 100 |
