Healthequity (HQY) Intangibles (2014 - 2026)
Healthequity's Intangibles came in at $1.05 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 9.1% from $1.15 billion a year earlier and down 2.4% from the prior quarter.
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Analysis
Healthequity (HQY) Intangibles (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Healthequity's Intangibles was $1.1 billion, down 8.9% from FY2025.
- Intangibles carries a five-year compound annual growth rate of 7.4% (FY2021 to FY2026).
- Going back by fiscal year, Intangibles was $1.2 billion in FY2025 (+44.1%), $835.95 million in FY2024 (-10.7%), $936.36 million in FY2023 (-3.8%) and $973.14 million in FY2022 (+26.9%).
- The fiscal Q2 2027 figure represents the lowest quarterly Intangibles since fiscal Q4 2024.
- Year-over-year, Intangibles has declined for five consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in fiscal Q4 2025 (growth of 44.1%), and the weakest in fiscal Q2 2024 (a decline of 11.1%).
- Business Quant data shows HQY's Intangibles at $1.07 billion (Q1 2027), $1.1 billion (Q4 2026) and $1.12 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 246.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 2.80 Bn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 2.49 Bn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 14.87 Bn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 6.22 Bn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | - |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 1.18 Bn |
| 10 | Healthequity | 7.33 Bn | 6.18 Bn | 257.95 Mn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.05 Bn |
| Apr 30, 2026 | 1.07 Bn |
| Jan 31, 2026 | 1.10 Bn |
| Oct 31, 2025 | 1.12 Bn |
| Jul 31, 2025 | 1.15 Bn |
| Apr 30, 2025 | 1.18 Bn |
| Jan 31, 2025 | 1.20 Bn |
| Oct 31, 2024 | 1.23 Bn |
| Jul 31, 2024 | 1.25 Bn |
| Apr 30, 2024 | 1.07 Bn |
| Jan 31, 2024 | 835.95 Mn |
| Oct 31, 2023 | 860.51 Mn |
| Jul 31, 2023 | 881.94 Mn |
| Apr 30, 2023 | 907.70 Mn |
| Jan 31, 2023 | 936.36 Mn |
| Oct 31, 2022 | 964.53 Mn |
| Jul 31, 2022 | 991.95 Mn |
| Apr 30, 2022 | 1.01 Bn |
| Jan 31, 2022 | 973.14 Mn |
| Oct 31, 2021 | 820.95 Mn |
API Access
Healthequity Intangibles 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=intangibles&ticker=HQY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=HQY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();