Healthequity (HQY) Gross Margin (2016 - 2026)
Healthequity has reported Gross Margin over the past 14 years, most recently at 68.19% for Q1 2026.
- Quarterly results put Gross Margin at 68.19% for Q1 2026, up 756.0% from a year ago — trailing twelve months through Jan 2026 was 69.52% (up 474.0% YoY), and the annual figure for FY2026 was 69.52%, up 474.0%.
- Gross Margin for Q1 2026 was 68.19% at Healthequity, down from 70.79% in the prior quarter.
- Over the last five years, Gross Margin for HQY hit a ceiling of 71.38% in Q3 2025 and a floor of 51.95% in Q1 2022.
- Median Gross Margin over the past 5 years was 62.27% (2023), compared with a mean of 62.75%.
- Biggest five-year swings in Gross Margin: tumbled -198bps in 2022 and later soared 756bps in 2026.
- Healthequity's Gross Margin stood at 58.92% in 2022, then increased by 8bps to 63.87% in 2023, then grew by 3bps to 65.58% in 2024, then increased by 8bps to 70.79% in 2025, then decreased by -4bps to 68.19% in 2026.
- The last three reported values for Gross Margin were 68.19% (Q1 2026), 70.79% (Q4 2025), and 71.38% (Q3 2025) per Business Quant data.