Healthequity (HQY) Free Cash Flow (2013 - 2026)
Healthequity's Free Cash Flow came in at $135.18 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 0.1% from $135.09 million a year earlier and up 39.1% from the prior quarter.
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Analysis
Healthequity (HQY) Free Cash Flow (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Healthequity reported Free Cash Flow of $487.73 million, up 33.5% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $455.13 million, up 34.7% from FY2025.
- Free Cash Flow has increased in each of the last four fiscal years, with a five-year compound annual growth rate of 22.0% (FY2021 to FY2026).
- Going back by fiscal year, Free Cash Flow was $337.77 million in FY2025 (+40.1%), $241.13 million in FY2024 (+63.7%), $147.28 million in FY2023 (+11.5%) and $132.09 million in FY2022 (-21.6%).
- The five-year range for quarterly Free Cash Flow is $5.92 million (fiscal Q1 2023) to $137.79 million (fiscal Q3 2026).
- Year-over-year, Free Cash Flow has increased for five consecutive quarters, with growth averaging 30.3% over the last eight quarters.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q1 2024 (growth of 430.3%), and the weakest in fiscal Q1 2023 (a decline of 79.2%).
- Business Quant data shows HQY's Free Cash Flow at $97.16 million (Q1 2027), $117.59 million (Q4 2026) and $137.79 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.59 Bn | 97.93 Bn | - | 1.07 Bn |
| 2 | Bank of New York Mellon | 100.46 Bn | 34.08 Bn | - | 4.05 Bn |
| 3 | Intercontinental Exchange | 97.18 Bn | 90.07 Bn | - | 1.05 Bn |
| 4 | Robinhood Markets | 72.63 Bn | 52.17 Bn | - | 1.22 Bn |
| 5 | Nasdaq | 59.89 Bn | 57.32 Bn | 1.48 Bn | 459.00 Mn |
| 6 | State Street | 45.42 Bn | 45.42 Bn | - | 1.91 Bn |
| 7 | Cboe Global Markets | 36.91 Bn | 27.39 Bn | 712.20 Mn | 793.00 Mn |
| 8 | Interactive Brokers | 34.30 Bn | 10.61 Bn | - | 814.00 Mn |
| 9 | Northern Trust | 31.46 Bn | 31.46 Bn | - | 1.80 Bn |
| 10 | Healthequity | 8.64 Bn | 7.49 Bn | 257.95 Mn | 135.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 135.18 Mn |
| Apr 30, 2026 | 97.16 Mn |
| Jan 31, 2026 | 117.59 Mn |
| Oct 31, 2025 | 137.79 Mn |
| Jul 31, 2025 | 135.09 Mn |
| Apr 30, 2025 | 64.65 Mn |
| Jan 31, 2025 | 75.42 Mn |
| Oct 31, 2024 | 90.26 Mn |
| Jul 31, 2024 | 107.39 Mn |
| Apr 30, 2024 | 64.71 Mn |
| Jan 31, 2024 | 76.51 Mn |
| Oct 31, 2023 | 56.56 Mn |
| Jul 31, 2023 | 76.65 Mn |
| Apr 30, 2023 | 31.41 Mn |
| Jan 31, 2023 | 55.09 Mn |
| Oct 31, 2022 | 47.35 Mn |
| Jul 31, 2022 | 38.92 Mn |
| Apr 30, 2022 | 5.92 Mn |
| Jan 31, 2022 | 48.93 Mn |
| Oct 31, 2021 | 21.34 Mn |
API Access
Healthequity Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=HQY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "HQY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=HQY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();