HealthEquity Key Executives

This section highlights HealthEquity's key executives, including their titles and compensation details.

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HealthEquity Earnings

This section highlights HealthEquity's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: June 02, 2025
Time: Before Market
Est. EPS: $0.81
Status: Unconfirmed

Last Earnings Results

Date: March 18, 2025
EPS: $0.69
Est. EPS: $0.71
Revenue: $311.82M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2025 2025-03-18 $0.71 $0.69
Read Transcript Q3 2025 2024-12-10 N/A N/A
Read Transcript Q2 2025 2024-09-03 $0.70 $0.86
Read Transcript Q1 2025 2024-06-03 $0.66 $0.80
Read Transcript Q4 2024 2024-03-19 $0.56 $0.63
Read Transcript Q3 2024 2023-12-05 $0.49 $0.60
Read Transcript Q2 2024 2023-09-05 $0.47 $0.53
Read Transcript Q1 2024 2023-06-05 $0.41 $0.50
Read Transcript Q4 2023 2023-03-21 $0.34 $0.37
Read Transcript Q3 2023 2022-12-07 N/A N/A
Read Transcript Q2 2023 2022-09-07 N/A N/A
Read Transcript Q1 2023 2022-06-06 $0.28 $0.27

Financial Statements

Access annual & quarterly financial statements for HealthEquity, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown January 31, 2025 January 31, 2024 January 31, 2023 January 31, 2022 January 31, 2021
Revenue $1.20B $999.59M $861.75M $756.56M $733.57M
Cost of Revenue $422.51M $376.95M $371.66M $332.85M $318.24M
Gross Profit $777.26M $622.64M $490.09M $423.71M $415.33M
Gross Profit Ratio 64.78% 62.29% 56.87% 56.00% 56.62%
Research and Development Expenses $239.51M $218.81M $193.38M $157.36M $124.81M
General and Administrative Expenses $132.26M $103.66M $95.63M $84.38M $84.49M
Selling and Marketing Expenses $90.74M $79.27M $68.85M $58.60M $49.96M
Selling General and Administrative Expenses $223.00M $182.93M $164.48M $142.98M $134.46M
Other Expenses $152.41M $- $94.59M $82.79M $76.06M
Operating Expenses $614.92M $504.28M $452.44M $383.14M $335.33M
Cost and Expenses $1.04B $871.45M $824.10M $715.99M $653.57M
Interest Income $13.91M $12.14M $1.76M $1.50M $1.04M
Interest Expense $60.63M $55.45M $48.42M $36.57M $34.88M
Depreciation and Amortization $162.45M $153.08M $161.20M $137.19M $115.90M
EBITDA $339.12M $282.42M $171.53M $102.97M $154.93M
EBITDA Ratio 28.27% 28.25% 19.90% 13.61% 21.12%
Operating Income $162.33M $128.13M $38.92M $34.64M $83.28M
Operating Income Ratio 13.53% 12.82% 4.52% 4.58% 11.35%
Total Other Income Expenses Net $-46.30M $-53.09M $-47.15M $-42.50M $-29.87M
Income Before Tax $116.03M $75.04M $-38.10M $-66.74M $4.14M
Income Before Tax Ratio 9.67% 7.51% -4.42% -8.82% 0.56%
Income Tax Expense $19.33M $19.33M $-11.95M $-22.45M $-4.69M
Net Income $96.70M $55.71M $-26.14M $-44.29M $8.83M
Net Income Ratio 8.06% 5.57% -3.03% -5.85% 1.20%
EPS $1.11 $0.65 $-0.31 $-0.53 $0.12
EPS Diluted $1.09 $0.64 $-0.31 $-0.53 $0.12
Weighted Average Shares Outstanding 86.87M 85.56M 84.44M 83.13M 74.23M
Weighted Average Shares Outstanding Diluted 88.83M 86.96M 84.44M 83.13M 75.68M
SEC Filing Source Source Source Source Source


Breakdown January 31, 2025 October 31, 2024 July 31, 2024 April 30, 2024 January 31, 2024 October 31, 2023 July 31, 2023 April 30, 2023 January 31, 2023 October 31, 2022 July 31, 2022 April 30, 2022 January 31, 2022 October 31, 2021 July 31, 2021 April 30, 2021 January 31, 2021 October 31, 2020 July 31, 2020 April 30, 2020
Revenue $311.82M $300.43M $299.93M $287.60M $262.39M $249.22M $243.55M $244.43M $233.84M $216.09M $206.14M $205.68M $203.30M $179.95M $189.10M $184.20M $188.17M $179.35M $176.04M $190.01M
Cost of Revenue $122.77M $103.41M $126.86M $126.00M $122.28M $90.81M $92.62M $96.61M $99.59M $89.23M $88.33M $94.51M $98.00M $76.63M $77.13M $81.09M $87.25M $74.79M $74.25M $81.94M
Gross Profit $189.04M $197.03M $173.07M $161.59M $140.10M $158.41M $150.93M $147.83M $134.25M $126.86M $117.81M $111.17M $105.30M $103.32M $111.97M $103.12M $100.92M $104.56M $101.78M $108.07M
Gross Profit Ratio 60.63% 65.58% 57.70% 56.19% 53.40% 63.56% 61.97% 60.48% 57.41% 58.71% 57.15% 54.05% 51.80% 57.41% 59.21% 55.98% 53.63% 58.30% 57.82% 56.88%
Research and Development Expenses $64.65M $60.19M $58.58M $56.09M $55.24M $55.61M $54.77M $53.19M $52.72M $48.89M $46.58M $45.18M $45.93M $38.07M $37.90M $35.47M $32.32M $30.76M $30.65M $31.08M
General and Administrative Expenses $29.98M $31.79M $32.26M $38.24M $25.29M $26.38M $27.09M $24.89M $20.83M $25.13M $25.94M $23.73M $20.88M $20.00M $22.81M $20.69M $22.90M $22.10M $20.49M $19.00M
Selling and Marketing Expenses $23.08M $22.64M $21.52M $23.49M $20.56M $19.66M $19.12M $19.93M $19.20M $17.25M $15.84M $16.56M $16.32M $12.73M $15.48M $14.09M $13.46M $12.88M $12.17M $11.46M
Selling General and Administrative Expenses $53.06M $54.42M $53.78M $61.73M $43.70M $46.03M $46.21M $44.83M $40.03M $42.38M $41.78M $40.29M $37.19M $32.73M $38.29M $34.77M $36.37M $34.98M $32.66M $30.45M
Other Expenses $29.18M $62.79M $- $-477.00K $128.00K $3.74M $272.00K $23.17M $23.17M $23.54M $24.18M $23.70M $-5.77M $3.12M $1.48M $-3.63M $5.28M $-421.00K $-824.00K $-764.00K
Operating Expenses $146.89M $177.40M $112.36M $117.82M $98.94M $124.86M $124.15M $121.19M $115.92M $114.81M $112.54M $109.17M $106.17M $90.44M $96.47M $90.06M $87.84M $84.86M $82.39M $80.23M
Cost and Expenses $269.67M $280.81M $239.22M $243.82M $221.22M $215.67M $216.76M $217.79M $215.51M $204.03M $200.87M $203.67M $204.16M $167.08M $173.61M $171.14M $175.09M $159.66M $156.65M $162.17M
Interest Income $3.03M $3.90M $3.10M $3.88M $4.34M $3.71M $2.48M $1.60M $1.18M $443.00K $89.00K $52.00K $82.00K $478.00K $533.00K $408.00K $195.00K $174.00K $76.00K $600.00K
Interest Expense $15.26M $18.16M $15.43M $11.79M $13.64M $13.54M $13.27M $15.00M $14.30M $12.16M $11.49M $10.46M $10.75M $11.88M $7.25M $6.69M $6.77M $6.95M $8.89M $12.26M
Depreciation and Amortization $39.18M $40.72M $43.61M $38.94M $37.91M $23.21M $38.35M $39.04M $40.48M $40.50M $40.74M $39.49M $38.82M $33.55M $33.05M $31.77M $30.42M $29.38M $28.60M $27.51M
EBITDA $84.40M $65.09M $105.65M $83.97M $81.27M $72.41M $65.84M $64.05M $54.79M $46.48M $38.36M $31.90M $5.80M $32.30M $32.52M $32.39M $35.85M $40.46M $36.80M $41.81M
EBITDA Ratio 27.07% 21.67% 35.23% 29.20% 30.97% 29.06% 27.03% 26.20% 23.43% 21.51% 18.61% 15.51% 2.85% 17.95% 17.20% 17.58% 19.05% 22.56% 20.91% 22.01%
Operating Income $42.15M $19.62M $60.71M $43.77M $41.16M $30.89M $24.74M $23.18M $19.42M $12.49M $5.30M $1.70M $-27.25M $-366.00K $-875.00K $4.25M $146.00K $11.50M $9.03M $15.07M
Operating Income Ratio 13.52% 6.53% 20.24% 15.22% 15.69% 12.40% 10.16% 9.48% 8.31% 5.78% 2.57% 0.83% -13.40% -0.20% -0.46% 2.31% 0.08% 6.41% 5.13% 7.93%
Total Other Income Expenses Net $-12.19M $-13.41M $-14.09M $-10.53M $-11.45M $-9.80M $-10.52M $-13.17M $-13.21M $-11.72M $-11.46M $-10.76M $-16.52M $-8.76M $-6.91M $-10.32M $-14.42M $-7.37M $-9.72M $-13.03M
Income Before Tax $29.96M $6.22M $46.62M $33.24M $29.72M $21.09M $14.22M $10.01M $8.00K $-6.18M $-13.87M $-18.05M $-43.77M $-9.12M $-7.79M $-6.07M $-1.34M $4.13M $-691.00K $2.04M
Income Before Tax Ratio 9.61% 2.07% 15.54% 11.56% 11.33% 8.46% 5.84% 4.10% 0.00% -2.86% -6.73% -8.78% -21.53% -5.07% -4.12% -3.29% -0.71% 2.30% -0.39% 1.08%
Income Tax Expense $3.60M $515.00K $10.79M $4.43M $3.35M $6.41M $3.64M $5.92M $217.00K $-4.54M $-3.22M $-4.41M $-10.95M $-4.09M $-3.97M $-3.45M $-6.71M $2.34M $-543.00K $218.00K
Net Income $26.36M $5.70M $35.82M $28.81M $26.36M $14.67M $10.58M $4.09M $-209.00K $-1.64M $-10.65M $-13.64M $-32.82M $-5.04M $-3.82M $-2.62M $5.37M $1.79M $-148.00K $1.83M
Net Income Ratio 8.46% 1.90% 11.94% 10.02% 10.05% 5.89% 4.34% 1.67% -0.09% -0.76% -5.17% -6.63% -16.14% -2.80% -2.02% -1.42% 2.85% 1.00% -0.08% 0.96%
EPS $0.30 $0.07 $0.41 $0.33 $0.31 $0.17 $0.12 $0.05 $0.00 $-0.02 $-0.13 $-0.16 $-0.39 $-0.06 $-0.05 $-0.03 $0.07 $0.02 $0.00 $0.03
EPS Diluted $0.30 $0.06 $0.40 $0.33 $0.30 $0.17 $0.12 $0.05 $0.00 $-0.02 $-0.13 $-0.16 $-0.39 $-0.06 $-0.05 $-0.03 $0.07 $0.02 $0.00 $0.03
Weighted Average Shares Outstanding 86.87M 87.19M 87.13M 86.47M 85.97M 85.70M 85.53M 85.03M 84.72M 84.57M 81.95M 84.02M 83.71M 83.55M 83.48M 81.75M 76.85M 76.70M 72.34M 70.98M
Weighted Average Shares Outstanding Diluted 88.83M 88.63M 88.65M 88.32M 87.44M 87.12M 86.34M 86.10M 84.72M 84.57M 84.44M 84.02M 83.71M 83.55M 83.48M 81.75M 78.56M 77.84M 72.34M 72.29M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown January 31, 2025 January 31, 2024 January 31, 2023 January 31, 2022 January 31, 2021
Cash and Cash Equivalents $295.95M $403.98M $254.27M $225.41M $328.80M
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $295.95M $403.98M $254.27M $225.41M $328.80M
Net Receivables $118.01M $104.89M $96.83M $87.43M $72.77M
Inventory $- $- $1 $- $-
Other Current Assets $63.80M $48.56M $31.79M $38.49M $58.61M
Total Current Assets $477.75M $557.44M $382.89M $351.34M $460.18M
Property Plant Equipment Net $46.42M $54.39M $69.32M $86.98M $118.61M
Goodwill $1.65B $1.65B $1.65B $1.65B $1.33B
Intangible Assets $1.20B $835.95M $936.36M $973.14M $767.00M
Goodwill and Intangible Assets $2.85B $2.48B $2.58B $2.62B $2.09B
Long Term Investments $- $- $- $- $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $71.57M $67.87M $52.18M $49.81M $37.42M
Total Non-Current Assets $2.97B $2.61B $2.71B $2.76B $2.25B
Other Assets $- $- $- $- $-
Total Assets $3.45B $3.16B $3.09B $3.11B $2.71B
Account Payables $14.36M $12.04M $13.90M $27.54M $1.61M
Short Term Debt $10.00M $9.40M $37.82M $33.09M $90.57M
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $131.96M $95.65M $79.34M $92.55M $112.51M
Total Current Liabilities $156.32M $117.09M $131.06M $153.19M $204.30M
Long Term Debt $84.44M $923.74M $1.03B $1.05B $1.07B
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $55.83M $68.67M $82.67M $99.85M $119.73M
Other Non-Current Liabilities $880.72M $19.27M $-46.28M $-51.05M $-65.42M
Total Non-Current Liabilities $1.02B $1.01B $1.06B $1.10B $1.13B
Other Liabilities $156.32M $- $- $- $-
Total Liabilities $1.33B $1.13B $1.19B $1.25B $1.33B
Preferred Stock $- $- $1 $- $-
Common Stock $9.00K $9.00K $8.00K $8.00K $8.00K
Retained Earnings $- $205.63M $149.92M $176.06M $220.35M
Accumulated Other Comprehensive Income Loss $- $-0 $0 $-0 $-0
Other Total Stockholders Equity $2.11B $1.83B $1.75B $1.68B $1.16B
Total Stockholders Equity $2.11B $2.04B $1.90B $1.85B $1.38B
Total Equity $2.11B $2.04B $1.90B $1.85B $1.38B
Total Liabilities and Stockholders Equity $3.45B $3.16B $3.09B $3.11B $2.71B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $3.45B $3.16B $3.09B $3.11B $2.71B
Total Investments $- $835.95M $- $- $-
Total Debt $52.22M $933.14M $994.49M $1.01B $1.07B
Net Debt $-243.73M $529.16M $740.22M $782.82M $746.17M


Balance Sheet Charts

Breakdown January 31, 2025 October 31, 2024 July 31, 2024 April 30, 2024 January 31, 2024 October 31, 2023 July 31, 2023 April 30, 2023 January 31, 2023 October 31, 2022 July 31, 2022 April 30, 2022 January 31, 2022 October 31, 2021 July 31, 2021 April 30, 2021 January 31, 2021 October 31, 2020 July 31, 2020 April 30, 2020
Cash and Cash Equivalents $295.95M $322.16M $326.89M $251.23M $403.98M $334.06M $290.35M $225.64M $254.27M $210.20M $176.89M $161.25M $225.41M $649.13M $753.75M $736.77M $328.80M $299.36M $268.91M $171.09M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $295.95M $322.16M $326.89M $251.23M $403.98M $334.06M $290.35M $225.64M $254.27M $210.20M $176.89M $161.25M $225.41M $649.13M $753.75M $736.77M $328.80M $299.36M $268.91M $171.09M
Net Receivables $118.01M $106.71M $108.45M $106.22M $104.89M $96.18M $92.58M $98.41M $96.83M $87.72M $90.43M $86.00M $87.43M $84.08M $74.22M $74.47M $72.77M $64.29M $70.23M $69.79M
Inventory $- $- $- $- $- $- $1 $1 $1 $- $- $1 $- $1 $- $1 $- $1 $1 $-
Other Current Assets $63.80M $66.37M $60.28M $47.45M $48.56M $44.17M $39.63M $34.35M $31.79M $34.25M $41.27M $31.67M $38.49M $30.92M $32.64M $53.87M $58.61M $32.38M $43.98M $42.90M
Total Current Assets $477.75M $495.25M $495.63M $404.90M $557.44M $474.41M $422.56M $358.41M $382.89M $332.16M $308.59M $278.92M $351.34M $764.13M $860.61M $865.11M $460.18M $396.03M $383.13M $283.78M
Property Plant Equipment Net $46.42M $48.73M $51.08M $53.19M $54.39M $57.99M $61.12M $67.26M $69.32M $74.16M $78.62M $83.60M $86.98M $106.08M $111.15M $113.62M $118.61M $124.09M $129.62M $133.38M
Goodwill $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.65B $1.36B $1.36B $1.36B $1.33B $1.33B $1.33B $1.33B
Intangible Assets $1.20B $1.23B $1.25B $1.07B $835.95M $860.51M $881.94M $907.70M $936.36M $964.53M $991.95M $1.01B $973.14M $820.95M $770.33M $780.79M $767.00M $776.31M $783.11M $777.48M
Goodwill and Intangible Assets $2.85B $2.88B $2.90B $2.72B $2.48B $2.51B $2.53B $2.56B $2.58B $2.61B $2.64B $2.65B $2.62B $2.18B $2.13B $2.14B $2.09B $2.10B $2.12B $2.11B
Long Term Investments $- $- $- $- $-1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $72.71M $- $- $- $- $- $- $- $- $- $- $- $- $21.00K $59.00K $38.00K
Other Non-Current Assets $71.57M $67.75M $65.41M $68.88M $67.87M $52.45M $52.70M $53.49M $52.18M $48.15M $48.88M $48.84M $49.81M $44.91M $42.97M $38.78M $37.42M $34.02M $34.66M $35.17M
Total Non-Current Assets $2.97B $2.99B $3.02B $2.84B $2.68B $2.62B $2.64B $2.68B $2.71B $2.73B $2.77B $2.79B $2.76B $2.34B $2.29B $2.30B $2.25B $2.26B $2.28B $2.28B
Other Assets $- $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $3.45B $3.49B $3.51B $3.25B $3.24B $3.09B $3.07B $3.04B $3.09B $3.06B $3.07B $3.07B $3.11B $3.10B $3.15B $3.16B $2.71B $2.66B $2.66B $2.56B
Account Payables $14.36M $10.35M $10.56M $18.17M $12.04M $13.42M $12.54M $13.36M $13.90M $15.84M $15.84M $13.66M $27.54M $5.24M $4.70M $9.64M $1.61M $6.75M $11.71M $7.34M
Short Term Debt $10.00M $19.90M $19.79M $19.51M $18.81M $19.54M $20.05M $21.29M $27.66M $36.74M $35.67M $34.55M $33.09M $31.95M $104.23M $89.85M $90.57M $90.29M $81.73M $73.30M
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-400.00K $- $- $-
Other Current Liabilities $131.96M $124.29M $90.56M $54.54M $86.24M $63.28M $70.68M $55.00M $89.50M $57.79M $74.00M $69.44M $92.55M $69.88M $76.20M $92.81M $112.51M $54.33M $60.34M $53.97M
Total Current Liabilities $156.32M $154.54M $120.91M $92.22M $117.09M $96.24M $103.27M $89.66M $131.06M $110.38M $125.52M $117.65M $153.19M $107.07M $185.12M $192.30M $204.30M $151.36M $153.78M $134.60M
Long Term Debt $1.10B $88.40M $1.15B $973.93M $923.74M $975.43M $978.32M $990.15M $966.83M $972.23M $1.04B $1.05B $1.05B $1.06B $1.04B $1.05B $1.07B $1.02B $1.11B $1.33B
Deferred Revenue Non-Current $- $- $- $48.25M $48.77M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $55.83M $58.60M $63.47M $63.28M $141.38M $66.74M $74.53M $81.93M $82.67M $89.28M $92.29M $95.38M $99.85M $110.40M $115.31M $124.75M $119.73M $123.99M $129.86M $134.27M
Other Non-Current Liabilities $22.96M $907.57M $25.50M $19.27M $19.27M $-32.87M $-39.28M $-45.32M $12.71M $9.76M $-48.90M $-50.42M $-51.05M $-48.88M $-49.91M $-57.10M $-65.42M $11.43M $-71.09M $-78.20M
Total Non-Current Liabilities $1.18B $1.05B $1.24B $1.06B $1.08B $1.01B $1.01B $1.03B $1.06B $1.07B $1.08B $1.09B $1.10B $1.12B $1.10B $1.12B $1.13B $1.15B $1.17B $1.39B
Other Liabilities $- $154.54M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.33B $1.36B $1.36B $1.15B $1.20B $1.11B $1.12B $1.12B $1.19B $1.18B $1.21B $1.21B $1.25B $1.23B $1.29B $1.31B $1.33B $1.30B $1.32B $1.52B
Preferred Stock $- $- $- $- $- $- $- $- $1 $- $0 $0 $- $- $- $- $- $- $- $-
Common Stock $9.00K $9.00K $9.00K $9.00K $9.00K $9.00K $9.00K $9.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $8.00K $7.00K
Retained Earnings $209.27M $- $270.26M $234.44M $205.63M $179.26M $164.59M $154.01M $149.92M $150.12M $151.77M $162.42M $176.06M $208.88M $213.91M $217.73M $220.35M $214.98M $213.19M $213.34M
Accumulated Other Comprehensive Income Loss $- $- $- $- $-0 $0 $0 $- $0 $- $-0 $-0 $-0 $-0 $-0 $-0 $-0 $-27.13M $-23.40M $-19.48M
Other Total Stockholders Equity $1.91B $2.12B $1.89B $1.86B $1.83B $1.81B $1.79B $1.76B $1.75B $1.73B $1.71B $1.69B $1.68B $1.66B $1.65B $1.63B $1.16B $1.14B $1.13B $827.30M
Total Stockholders Equity $2.11B $2.12B $2.16B $2.10B $2.04B $1.99B $1.95B $1.92B $1.90B $1.88B $1.86B $1.86B $1.85B $1.87B $1.86B $1.85B $1.38B $1.36B $1.34B $1.04B
Total Equity $2.11B $2.12B $2.16B $2.10B $2.04B $1.99B $1.95B $1.92B $1.90B $1.88B $1.86B $1.86B $1.85B $1.87B $1.86B $1.85B $1.38B $1.36B $1.34B $1.04B
Total Liabilities and Stockholders Equity $3.45B $3.49B $3.51B $3.25B $3.24B $3.09B $3.07B $3.04B $3.09B $3.06B $3.07B $3.07B $3.11B $3.10B $3.15B $3.16B $2.71B $2.66B $2.66B $2.56B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $3.45B $3.49B $3.51B $3.25B $3.24B $3.09B $3.07B $3.04B $3.09B $3.06B $3.07B $3.07B $3.11B $3.10B $3.15B $3.16B $2.71B $2.66B $2.66B $2.56B
Total Investments $- $- $- $- $-1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Debt $1.11B $54.15M $1.16B $983.68M $933.14M $934.62M $935.98M $942.17M $994.49M $998.25M $1.00B $1.01B $1.01B $1.01B $1.06B $1.06B $1.07B $1.09B $1.10B $1.31B
Net Debt $812.57M $-268.01M $830.56M $732.45M $529.16M $600.56M $645.63M $716.53M $740.22M $788.05M $825.11M $844.36M $782.82M $361.46M $302.87M $321.14M $746.17M $792.26M $831.50M $1.14B

Annual Cash Flow

Breakdown January 31, 2025 January 31, 2024 January 31, 2023 January 31, 2022 January 31, 2021
Net Income $96.70M $55.71M $-26.14M $-44.29M $8.83M
Depreciation and Amortization $162.45M $153.08M $161.20M $137.19M $115.90M
Deferred Income Tax $-12.84M $-13.99M $-17.18M $-23.43M $-5.13M
Stock Based Compensation $96.42M $77.15M $62.61M $52.75M $42.86M
Change in Working Capital $-6.53M $-33.13M $-33.37M $1.62M $12.29M
Accounts Receivables $-13.11M $-8.06M $-9.57M $-11.20M $-413.00K
Inventory $- $1 $- $- $-30.42M
Accounts Payables $8.89M $-204.00K $-26.67M $-2.18M $30.42M
Other Working Capital $-2.31M $-24.87M $2.87M $15.01M $12.71M
Other Non Cash Items $3.64M $4.01M $3.53M $17.15M $6.86M
Net Cash Provided by Operating Activities $339.86M $242.83M $150.65M $141.00M $181.62M
Investments in Property Plant and Equipment $-2.08M $-1.69M $-119.13M $-137.08M $-96.96M
Acquisitions Net $- $- $- $-504.53M $-
Purchases of Investments $- $- $- $128.17M $-
Sales Maturities of Investments $- $- $- $2.37M $-
Other Investing Activities $-503.37M $-44.38M $-115.76M $-128.17M $-83.87M
Net Cash Used for Investing Activities $-505.45M $-46.07M $-119.13M $-639.25M $-96.96M
Debt Repayment $175.00M $-54.38M $-8.75M $-65.05M $-239.06M
Common Stock Issued $- $- $- $456.64M $286.78M
Common Stock Repurchased $-121.49M $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $4.06M $865.00K $-603.00K $3.27M $4.71M
Net Cash Used Provided by Financing Activities $57.57M $-47.04M $-2.67M $394.86M $52.42M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-108.03M $149.71M $28.85M $-103.39M $137.08M
Cash at End of Period $295.95M $403.98M $254.27M $225.41M $328.80M
Cash at Beginning of Period $403.98M $254.27M $225.41M $328.80M $191.73M
Operating Cash Flow $339.86M $242.83M $150.65M $141.00M $181.62M
Capital Expenditure $-2.08M $-46.07M $-119.13M $-137.08M $-96.96M
Free Cash Flow $337.77M $196.75M $31.52M $3.91M $84.66M

Cash Flow Charts

Breakdown January 31, 2025 October 31, 2024 July 31, 2024 April 30, 2024 January 31, 2024 October 31, 2023 July 31, 2023 April 30, 2023 January 31, 2023 October 31, 2022 July 31, 2022 April 30, 2022 January 31, 2022 October 31, 2021 July 31, 2021 April 30, 2021 January 31, 2021 October 31, 2020 July 31, 2020 April 30, 2020
Net Income $26.36M $5.70M $35.82M $28.81M $26.36M $14.67M $10.58M $4.09M $-209.00K $-1.64M $-10.65M $-13.64M $-32.82M $-5.04M $-3.82M $-2.62M $5.37M $1.79M $-148.00K $1.83M
Depreciation and Amortization $39.18M $40.72M $43.61M $38.94M $37.91M $37.78M $38.35M $39.04M $40.48M $40.50M $40.74M $39.49M $38.82M $33.55M $33.05M $31.77M $30.42M $29.38M $28.60M $27.51M
Deferred Income Tax $-2.77M $-4.86M $184.00K $-5.39M $1.93M $-7.79M $-7.40M $-738.00K $-6.62M $-3.01M $-3.09M $-4.47M $-14.66M $-4.71M $-7.29M $3.24M $-4.16M $-405.00K $-4.35M $3.79M
Stock Based Compensation $21.71M $21.12M $21.57M $32.02M $17.21M $21.66M $20.07M $18.20M $12.30M $18.17M $18.15M $13.99M $11.05M $13.28M $15.62M $12.80M $12.55M $11.48M $11.44M $7.40M
Change in Working Capital $-9.00M $23.44M $6.21M $-29.66M $-7.05M $-9.91M $14.83M $-31.00M $8.73M $-6.90M $-6.10M $-29.10M $35.78M $-16.83M $-928.00K $-16.40M $15.41M $8.73M $16.34M $-28.18M
Accounts Receivables $-11.29M $1.74M $-2.24M $-1.32M $-8.71M $-3.60M $5.83M $-1.58M $-9.12M $2.71M $-4.59M $1.43M $-1.11M $-9.86M $245.00K $-475.00K $-8.48M $8.21M $-704.00K $552.00K
Inventory $- $- $- $- $-2.31M $6.33M $-4.02M $- $- $- $- $- $-6.51M $4.30M $- $2.21M $3.89M $- $5.56M $-9.44M
Accounts Payables $-15.87M $17.49M $9.61M $-2.35M $2.16M $-6.33M $4.02M $-50.00K $6.50M $-7.58M $-1.53M $-24.06M $31.84M $-3.81M $-29.83M $-381.00K $24.38M $- $2.42M $3.63M
Other Working Capital $18.16M $4.21M $-1.16M $-25.98M $-496.00K $-6.31M $8.99M $-29.37M $11.35M $-2.03M $17.00K $-6.47M $36.89M $-7.46M $-1.17M $-17.75M $23.89M $511.00K $9.07M $-22.92M
Other Non Cash Items $262.00K $4.42M $725.00K $114.27M $702.00K $689.00K $679.00K $1.94M $806.00K $815.00K $1.10M $812.00K $12.39M $2.02M $620.00K $2.12M $1.31M $1.09M $1.76M $2.69M
Net Cash Provided by Operating Activities $75.75M $90.55M $108.13M $65.43M $77.07M $57.11M $77.11M $31.54M $55.49M $47.93M $40.15M $7.08M $50.56M $22.27M $37.25M $30.92M $60.90M $52.05M $53.64M $15.03M
Investments in Property Plant and Equipment $-328.00K $268.94M $-741.00K $-269.95M $-11.27M $-15.42M $-10.25M $-9.13M $-10.28M $-13.53M $-21.12M $-74.20M $-16.30M $-79.68M $-22.83M $-18.27M $-20.23M $-21.03M $-30.40M $-25.29M
Acquisitions Net $- $- $- $- $- $- $- $- $- $- $- $- $-455.00M $2.37M $- $-49.53M $- $- $- $-
Purchases of Investments $- $- $- $- $-3.26M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $2.37M $- $2.37M $- $- $- $- $-
Other Investing Activities $-13.23M $-281.80M $-208.34M $-269.23M $3.26M $-14.88M $-9.79M $-9.00M $-9.88M $-12.94M $-19.89M $-73.05M $-14.68M $-2.37M $2.37M $-15.78M $-18.53M $-18.63M $-28.93M $-17.78M
Net Cash Used for Investing Activities $-13.56M $-12.87M $-209.08M $-269.95M $-11.27M $-15.42M $-10.25M $-9.13M $-10.28M $-13.53M $-21.12M $-74.20M $-471.30M $-79.68M $-20.47M $-67.80M $-20.23M $-21.03M $-30.40M $-25.29M
Debt Repayment $-25.00M $-25.00M $175.00M $50.00M $- $- $- $-54.38M $-2.19M $-2.19M $-2.19M $-2.19M $-74.00K $-49.35M $- $-15.62M $-15.62M $-7.81M $-207.81M $-7.81M
Common Stock Issued $- $-4.22M $1.90M $2.32M $3.07M $2.05M $438.00K $- $6.68M $- $2.12M $2.81M $-2.00K $1.06M $2.48M $456.64M $539.00K $-539.00K $287.32M $-
Common Stock Repurchased $-62.98M $-58.51M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-426.00K $-57.41M $1.62M $1.77M $4.12M $2.03M $-2.15M $2.43M $1.04M $-588.00K $-1.20M $5.15M $-2.90M $2.13M $200.00K $3.84M $4.40M $7.78M $-4.92M $-2.55M
Net Cash Used Provided by Financing Activities $-88.41M $-82.42M $176.62M $51.77M $4.12M $2.03M $-2.15M $-51.03M $-1.15M $-1.09M $-3.39M $2.96M $-2.97M $-47.22M $200.00K $444.85M $-11.22M $-575.00K $74.58M $-10.37M
Effect of Forex Changes on Cash $- $- $- $- $14.92M $22.14M $7.94M $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-26.21M $-4.73M $75.66M $-152.75M $69.92M $43.72M $64.70M $-28.62M $44.07M $33.31M $15.64M $-64.17M $-423.71M $-104.62M $16.98M $407.97M $29.45M $30.45M $97.82M $-20.63M
Cash at End of Period $295.95M $322.16M $326.89M $251.23M $403.98M $334.06M $290.35M $225.64M $254.27M $210.20M $176.89M $161.25M $225.41M $649.13M $753.75M $736.77M $328.80M $299.36M $268.91M $171.09M
Cash at Beginning of Period $322.16M $326.89M $251.23M $403.98M $334.06M $290.35M $225.64M $254.27M $210.20M $176.89M $161.25M $225.41M $649.13M $753.75M $736.77M $328.80M $299.36M $268.91M $171.09M $191.73M
Operating Cash Flow $75.75M $90.55M $108.13M $65.43M $77.07M $57.11M $77.11M $31.54M $55.49M $47.93M $40.15M $7.08M $50.56M $22.27M $37.25M $30.92M $60.90M $52.05M $53.64M $15.03M
Capital Expenditure $-13.56M $-12.87M $-209.08M $-269.95M $-11.27M $-15.42M $-10.25M $-9.13M $-10.28M $-13.53M $-21.12M $-74.20M $-16.30M $-79.68M $-22.83M $-18.27M $-20.23M $-21.03M $-30.40M $-25.29M
Free Cash Flow $62.19M $77.69M $-100.95M $-204.52M $65.80M $41.69M $66.86M $22.40M $45.22M $34.41M $19.03M $-67.13M $34.26M $-57.41M $14.41M $12.65M $40.67M $31.02M $23.23M $-10.27M

HealthEquity, Inc. (HQY)

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. The company was incorporated in 2002 and is headquartered in Draper, Utah.

Healthcare Medical - Healthcare Information Services

$86.42

Stock Price

$7.48B

Market Cap

-

Employees

Draper, UT

Location

Revenue (FY 2025)

$1.20B

20.0% YoY

Net Income (FY 2025)

$96.70M

73.6% YoY

EPS (FY 2025)

$1.09

70.3% YoY

Free Cash Flow (FY 2025)

$337.77M

71.7% YoY

Profitability

Gross Margin

64.8%

Net Margin

8.1%

ROE

4.6%

ROA

2.8%

Valuation

P/E Ratio

99.19

P/S Ratio

7.99

EV/EBITDA

27.57

Market Cap

$7.48B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$339.86M

40.0% YoY

Free Cash Flow

$337.77M

71.7% YoY

Balance Sheet Summary

Total Assets

$3.45B

9.0% YoY

Total Debt

$52.22M

94.4% YoY

Shareholder Equity

$2.11B

2.4% YoY

Dividend Overview

No Dividend Data

HealthEquity, Inc. doesn't currently pay dividends.

HealthEquity Dividends

Explore HealthEquity's dividend history, including dividend yield, payout ratio, and historical payments.

HealthEquity does not currently pay a dividend.

HealthEquity News

Read the latest news about HealthEquity, including recent articles, headlines, and updates.

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HealthEquity, Inc. - HQY

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HealthEquity, Inc (“HealthEquity” or the “Company”) (NASDAQ: HQY). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

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USA Today Names HealthEquity to its Top 25 Workplaces

The HSA leader was recognized for its remote-first flexibility and mental health resources, marking its fourth year on the list The HSA leader was recognized for its remote-first flexibility and mental health resources, marking its fourth year on the list

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ROSEN, HIGHLY RECOGNIZED INVESTOR COUNSEL, Encourages HealthEquity, Inc. Investors to Inquire About Securities Class Action Investigation - HQY

NEW YORK CITY, NY / ACCESS Newswire / April 28, 2025 / WHY: New York, N.Y., April 28, 2025.

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If You Have Suffered Losses in HealthEquity, Inc. (NASDAQ: HQY) You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, April 27, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public.

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Rosen Law Firm Encourages HealthEquity, Inc. Investors to Inquire About Securities Class Action Investigation - HQY

NEW YORK , April 25, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public. So What: If you purchased HealthEquity securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HealthEquity, Inc. - HQY

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  HealthEquity, Inc (“HealthEquity” or the “Company”) (NASDAQ: HQY).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

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HQY Announcement: If You Have Suffered Losses in HealthEquity, Inc. (NASDAQ: HQY) You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public.

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ROSEN, A TOP RANKED LAW FIRM, Encourages HealthEquity, Inc. Investors to Inquire About Securities Class Action Investigation - HQY

NEW YORK , April 23, 2025 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public. SO WHAT: If you purchased HealthEquity securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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HealthEquity, Inc. Announcement: If You Have Suffered Losses in HealthEquity, Inc. (NASDAQ: HQY) You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public.

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MD or HQY: Which Is the Better Value Stock Right Now?

Investors interested in Medical Services stocks are likely familiar with Pediatrix Medical Group (MD) and HealthEquity (HQY). But which of these two stocks is more attractive to value investors?

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ROSEN, LEADING INVESTOR COUNSEL, Encourages HealthEquity, Inc. Investors to Inquire About Securities Class Action Investigation - HQY

NEW YORK CITY, NY / ACCESS Newswire / April 17, 2025 / WHY: New York, N.Y., April 17, 2025.

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Why Is HealthEquity (HQY) Down 2.2% Since Last Earnings Report?

HealthEquity (HQY) reported earnings 30 days ago. What's next for the stock?

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ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages HealthEquity, Inc. Investors to Inquire About Securities Class Action Investigation - HQY

NEW YORK CITY, NY / ACCESS Newswire / April 16, 2025 / WHY: New York, N.Y., April 16, 2025.

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HealthEquity Stock Plunges 13% YTD: Is It Time to Exit or Hold?

HQY stock is down more than 13% YTD amid cyber threats and rising costs, but strong HSA fundamentals remain. Is it time to hold or fold?

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HealthEquity's Expedited Claims Technology Wins Artificial Intelligence Excellence Awards

New claims technology recognized for both automation and health AI from the Business Intelligence Group New claims technology recognized for both automation and health AI from the Business Intelligence Group

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ALAR FINAL DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Alarum Technologies Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 15 Deadline in Securities Class Action – ALAR

NEW YORK, April 12, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024 and August 26, 2024, both dates inclusive (the “Class Period”), of the important April 15, 2025 lead plaintiff deadline.

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Related Metrics

Explore detailed financial metrics and analysis for HQY.