Healthequity (HQY) EBT Margin (2013 - 2026)
Healthequity (HQY) posted quarterly EBT Margin of 26.06% for Q2 2026, up 461.0% year-over-year from 4.64% in Q2 2025, and up 43.17% quarter-over-quarter from 18.2% in Q1 2026.
Healthequity (HQY) EBT Margin (2013 - 2026) Analysis & Trends
Healthequity's EBT Margin history runs 14 years deep, the most recent figure standing at 26.06% for Q2 2026.
- In Q2 2026, EBT Margin rose 461.0% year-over-year to 26.06%; the TTM figure through Apr 2026 stood at 22.35% (up 998.0% YoY), while the FY2026 annual figure was 21.12%, up 1145.0% from the prior year.
- EBT Margin for Q2 2026 stood at 26.06%, up from 18.2% in the prior quarter.
- The five-year high for EBT Margin was 26.06% in Q2 2026, with the low at 21.53% in Q1 2022.
- The 5-year median for EBT Margin is 9.03% (2025), against an average of 7.74%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 2081 bps in 2022, then surged 2153 bps in 2023.
- Healthequity's EBT Margin stood at 2.86% in 2022, then soared by 396 bps to 8.46% in 2023, then plunged by 76 bps to 2.07% in 2024, then jumped by 913 bps to 20.96% in 2025, then gained by 24 bps to 26.06% in 2026.
- Business Quant data shows HQY's EBT Margin at 26.06% in Q2 2026, 18.2% in Q1 2026, and 20.96% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 39.36% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.41% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.06% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -12.34% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.88% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -10.99% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 17.64% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.77% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.53% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 2.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 26.06% |
| Jan 31, 2026 | 18.20% |
| Oct 31, 2025 | 20.96% |
| Jul 31, 2025 | 23.95% |
| Apr 30, 2025 | 21.45% |
| Jan 31, 2025 | 9.61% |
| Oct 31, 2024 | 2.07% |
| Jul 31, 2024 | 15.54% |
| Apr 30, 2024 | 11.56% |
| Jan 31, 2024 | 11.33% |
| Oct 31, 2023 | 8.46% |
| Jul 31, 2023 | 5.84% |
| Apr 30, 2023 | 4.10% |
| Jan 31, 2023 | 0.00% |
| Oct 31, 2022 | -2.86% |
| Jul 31, 2022 | -6.73% |
| Apr 30, 2022 | -8.78% |
| Jan 31, 2022 | -21.53% |
| Oct 31, 2021 | -5.07% |
| Jul 31, 2021 | -4.12% |