Growth Metrics

Healthequity (HQY) EBITDA Margin (2016 - 2026)

Healthequity has reported EBITDA Margin over the past 14 years, most recently at 21.24% for Q1 2026.

  • Quarterly results put EBITDA Margin at 21.24% for Q1 2026, up 1279.0% from a year ago — trailing twelve months through Jan 2026 was 22.33% (up 1427.0% YoY), and the annual figure for FY2026 was 24.55%, up 1649.0%.
  • EBITDA Margin for Q1 2026 was 21.24% at Healthequity, down from 24.43% in the prior quarter.
  • Over the last five years, EBITDA Margin for HQY hit a ceiling of 27.5% in Q3 2025 and a floor of 16.14% in Q1 2022.
  • Median EBITDA Margin over the past 5 years was 5.89% (2023), compared with a mean of 6.76%.
  • Biggest five-year swings in EBITDA Margin: plummeted -1900bps in 2022 and later soared 2253bps in 2025.
  • Healthequity's EBITDA Margin stood at 0.76% in 2022, then soared by 875bps to 5.89% in 2023, then plummeted by -68bps to 1.9% in 2024, then surged by 1187bps to 24.43% in 2025, then decreased by -13bps to 21.24% in 2026.
  • The last three reported values for EBITDA Margin were 21.24% (Q1 2026), 24.43% (Q4 2025), and 27.5% (Q3 2025) per Business Quant data.