Healthequity (HQY) Free Cash Flow (2013 - 2026)

Healthequity (HQY) recorded quarterly Free Cash Flow of $81.6 million in Q2 2026, down 46.57% quarter-over-quarter from $152.7 million in Q1 2026, and up 26.21% on a YoY basis from $64.7 million in Q2 2025.

Healthequity (HQY) Free Cash Flow (2013 - 2026) Analysis & Trends

Healthequity's Free Cash Flow history runs 14 years deep, the most recent figure standing at $81.6 million for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 26.21% year-over-year to $81.6 million; the TTM figure through Apr 2026 stood at $472.1 million (up 38.94% YoY), while the FY2026 annual figure was $455.1 million, up 33.93% from the prior year.
  • Free Cash Flow was $81.6 million for Q2 2026 at Healthequity, down from $152.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $152.7 million in Q1 2026 to a low of -$11.7 million in Q1 2022.
  • Historically, Free Cash Flow has averaged $69.8 million across 5 years, with a median of $75.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 221.98% in 2022, then jumped 877.31% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at $13.0 million in 2022, then surged by 483.87% to $75.8 million in 2023, then advanced by 19.41% to $90.5 million in 2024, then rose by 12.65% to $102.0 million in 2025, then retreated by 19.97% to $81.6 million in 2026.
  • The last three Free Cash Flow figures came in at $81.6 million (Q2 2026), $152.7 million (Q1 2026), and $102.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 1.13 Bn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 119.28 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 81.60 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 43.06 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 26.00 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 107.27 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 69.59 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -49.47 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 42.07 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -24.65 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 81.60 Mn
Apr 30, 2026 81.60 Mn
Jan 31, 2026 152.71 Mn
Jan 31, 2026 152.71 Mn
Oct 31, 2025 101.96 Mn
Oct 31, 2025 101.96 Mn
Jul 31, 2025 135.80 Mn
Jul 31, 2025 135.80 Mn
Apr 30, 2025 64.65 Mn
Apr 30, 2025 64.65 Mn
Jan 31, 2025 75.81 Mn
Jan 31, 2025 75.81 Mn
Oct 31, 2024 90.51 Mn
Oct 31, 2024 90.51 Mn
Jul 31, 2024 108.78 Mn
Jul 31, 2024 108.78 Mn
Apr 30, 2024 64.71 Mn
Apr 30, 2024 64.71 Mn
Jan 31, 2024 75.48 Mn
Jan 31, 2024 75.48 Mn