Healthequity (HQY) FCF Margin (2013 - 2026)
Healthequity's quarterly FCF Margin came in at 35.73% in Q1 2026, up 1089.0% year-on-year from 3.0% in Q1 2025, and down 16.46% quarter-over-quarter from 42.77% in Q4 2025.
Healthequity has reported FCF Margin for 14 years, with the latest figure at 35.73% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 1089.0% year-over-year to 35.73%; the trailing twelve-month figure through Jan 2026 stood at 34.8% (up 648.0% YoY), and the FY2026 full-year result was 34.8%, up 648.0% from the prior year.
- FCF Margin for Q1 2026 stood at 35.73%, down from 42.77% in the prior quarter.
- The five-year high for FCF Margin was 46.36% in Q3 2025, with the low at 3.19% in Q2 2022.
- Average FCF Margin over 5 years is 23.97%, with a median of 24.41% recorded in 2022.
- Year-over-year, FCF Margin sank 1873 bps in 2023 and jumped 1499 bps in 2024.
- Tracing HQY's FCF Margin over 5 years: stood at 20.97% in 2022, then gained by 10 bps to 23.0% in 2023, then surged by 65 bps to 37.99% in 2024, then gained by 13 bps to 42.77% in 2025, then slipped by 16 bps to 35.73% in 2026.
- The last three FCF Margin figures came in at 35.73% (Q1 2026), 42.77% (Q4 2025), and 46.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 11.94% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 3.30% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 23.01% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 23.62% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 73.79% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 22.17% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 17.24% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | -8.19% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 13.57% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -4.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 23.01% |
| Jan 31, 2026 | 35.73% |
| Oct 31, 2025 | 42.77% |
| Jul 31, 2025 | 46.36% |
| Apr 30, 2025 | 14.71% |
| Jan 31, 2025 | 24.84% |
| Oct 31, 2024 | 37.99% |
| Jul 31, 2024 | 31.98% |
| Apr 30, 2024 | 18.19% |
| Jan 31, 2024 | 13.74% |
| Oct 31, 2023 | 23.00% |
| Jul 31, 2023 | 35.23% |
| Apr 30, 2023 | 9.22% |
| Jan 31, 2023 | 5.68% |
| Oct 31, 2022 | 20.97% |
| Jul 31, 2022 | 25.92% |
| Apr 30, 2022 | -3.19% |
| Jan 31, 2022 | 24.41% |
| Oct 31, 2021 | 12.31% |
| Jul 31, 2021 | 27.69% |
| Apr 30, 2021 | 8.39% |
| Jan 31, 2021 | 25.50% |
| Oct 31, 2020 | 41.08% |
| Jul 31, 2020 | 22.36% |
| Apr 30, 2020 | 3.96% |
| Jan 31, 2020 | 5.20% |
| Oct 31, 2019 | 7.68% |
| Jul 31, 2019 | 37.66% |
| Apr 30, 2019 | 27.81% |
| Jan 31, 2019 | 37.97% |
| Oct 31, 2018 | 46.58% |
| Jul 31, 2018 | 36.20% |
| Apr 30, 2018 | 31.78% |
| Jan 31, 2018 | 38.39% |
| Oct 31, 2017 | 33.09% |
| Jul 31, 2017 | 42.66% |
| Apr 30, 2017 | 27.86% |
| Jan 31, 2017 | 29.10% |
| Oct 31, 2016 | 30.36% |
| Jul 31, 2016 | 29.55% |
| Apr 30, 2016 | 4.78% |
| Jan 31, 2016 | 22.14% |
| Oct 31, 2015 | 40.96% |
| Jul 31, 2015 | 13.98% |
| Apr 30, 2015 | 5.93% |
| Jan 31, 2015 | 30.58% |
| Oct 31, 2014 | 17.95% |
| Jul 31, 2014 | 9.83% |
| Apr 30, 2014 | -1.23% |
| Jan 31, 2014 | 48.44% |
| Oct 31, 2013 | 21.98% |