Healthequity (HQY) EBIT Margin (2013 - 2026)

Healthequity (HQY) posted quarterly EBIT Margin of 29.03% for Q2 2026, up 392.0% year-over-year from 5.9% in Q2 2025, and up 36.67% quarter-over-quarter from 21.24% in Q1 2026.

Healthequity (HQY) EBIT Margin (2013 - 2026) Analysis & Trends

Healthequity's EBIT Margin history runs 14 years deep, the most recent figure standing at 29.03% for Q2 2026.

  • In Q2 2026, EBIT Margin rose 392.0% year-over-year to 29.03%; the TTM figure through Apr 2026 stood at 25.6% (up 921.0% YoY), while the FY2026 annual figure was 24.55%, up 1102.0% from the prior year.
  • EBIT Margin for Q2 2026 stood at 29.03%, up from 21.24% in the prior quarter.
  • The five-year high for EBIT Margin was 29.03% in Q2 2026, with the low at 13.4% in Q1 2022.
  • The 5-year median for EBIT Margin is 12.96% (2023), against an average of 12.14%.
  • The sharpest annual moves came in 2022 and 2023: EBIT Margin slumped 1256 bps in 2022, then surged 1906 bps in 2023.
  • Healthequity's EBIT Margin stood at 2.56% in 2022, then jumped by 383 bps to 12.4% in 2023, then plunged by 47 bps to 6.53% in 2024, then surged by 274 bps to 24.43% in 2025, then advanced by 19 bps to 29.03% in 2026.
  • Business Quant data shows HQY's EBIT Margin at 29.03% in Q2 2026, 21.24% in Q1 2026, and 24.43% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 30.93%
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 3.37%
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 29.03%
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -12.95%
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 19.00%
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -11.11%
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 23.79%
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 21.48%
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -27.93%
10 Privia Health 2.78 Bn 2.42 Bn - 1.86%

Historic Data

Download Data
DateValue
Apr 30, 2026 29.03%
Jan 31, 2026 21.24%
Oct 31, 2025 24.43%
Jul 31, 2025 27.50%
Apr 30, 2025 25.11%
Jan 31, 2025 13.52%
Oct 31, 2024 6.53%
Jul 31, 2024 19.65%
Apr 30, 2024 14.48%
Jan 31, 2024 14.82%
Oct 31, 2023 12.40%
Jul 31, 2023 10.16%
Apr 30, 2023 9.48%
Jan 31, 2023 5.65%
Oct 31, 2022 2.56%
Jul 31, 2022 -1.17%
Apr 30, 2022 -3.54%
Jan 31, 2022 -13.40%
Oct 31, 2021 -0.20%
Jul 31, 2021 -0.46%