Healthequity (HQY) Invested Capital (2014 - 2026)
Healthequity's quarterly Invested Capital came in at $3.1 billion in Q1 2026, down 3.36% year-on-year from $3.2 billion in Q1 2025, and down 1.65% quarter-over-quarter from $3.1 billion in Q4 2025.
Healthequity has reported Invested Capital for 13 years, with the latest figure at $3.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital fell 3.36% year-over-year to $3.1 billion; the trailing twelve-month figure through Jan 2026 stood at $3.1 billion (down 3.36% YoY), and the FY2026 full-year result was $3.1 billion, down 3.36% from the prior year.
- Invested Capital for Q1 2026 stood at $3.1 billion, down from $3.1 billion in the prior quarter.
- The five-year high for Invested Capital was $3.3 billion in Q3 2024, with the low at $2.8 billion in Q1 2022.
- Average Invested Capital over 5 years is $3.0 billion, with a median of $2.9 billion recorded in 2024.
- Year-over-year, Invested Capital grew 17.67% in 2022 and declined 3.36% in 2026.
- Tracing HQY's Invested Capital over 5 years: stood at $2.8 billion in 2022, then grew by 1.86% to $2.9 billion in 2023, then rose by 12.0% to $3.2 billion in 2024, then dropped by 2.79% to $3.1 billion in 2025, then decreased by 1.65% to $3.1 billion in 2026.
- The last three Invested Capital figures came in at $3.1 billion (Q1 2026), $3.1 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 7.21 Bn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.03 Bn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 2.99 Bn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 111.69 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 950.84 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 3.95 Bn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 814.32 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 753.06 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 1.26 Bn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 1.34 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.99 Bn |
| Jan 31, 2026 | 3.06 Bn |
| Oct 31, 2025 | 3.12 Bn |
| Jul 31, 2025 | 3.15 Bn |
| Apr 30, 2025 | 3.18 Bn |
| Jan 31, 2025 | 3.17 Bn |
| Oct 31, 2024 | 3.21 Bn |
| Jul 31, 2024 | 3.26 Bn |
| Apr 30, 2024 | 3.02 Bn |
| Jan 31, 2024 | 2.91 Bn |
| Oct 31, 2023 | 2.86 Bn |
| Jul 31, 2023 | 2.82 Bn |
| Apr 30, 2023 | 2.79 Bn |
| Jan 31, 2023 | 2.82 Bn |
| Oct 31, 2022 | 2.81 Bn |
| Jul 31, 2022 | 2.79 Bn |
| Apr 30, 2022 | 2.78 Bn |
| Jan 31, 2022 | 2.78 Bn |
| Oct 31, 2021 | 2.80 Bn |
| Jul 31, 2021 | 2.84 Bn |
| Apr 30, 2021 | 2.82 Bn |
| Jan 31, 2021 | 2.37 Bn |
| Oct 31, 2020 | 2.36 Bn |
| Jul 31, 2020 | 2.35 Bn |
| Apr 30, 2020 | 2.25 Bn |
| Jan 31, 2020 | 2.25 Bn |
| Oct 31, 2019 | 2.24 Bn |
| Jul 31, 2019 | 1.02 Bn |
| Apr 30, 2019 | 529.30 Mn |
| Jan 31, 2019 | 477.08 Mn |
| Oct 31, 2018 | 456.80 Mn |
| Jul 31, 2018 | 432.62 Mn |
| Apr 30, 2018 | 396.97 Mn |
| Jan 31, 2018 | 346.27 Mn |
| Oct 31, 2017 | 334.41 Mn |
| Jul 31, 2017 | 315.93 Mn |
| Apr 30, 2017 | 290.84 Mn |
| Jan 31, 2017 | 261.94 Mn |
| Oct 31, 2016 | 252.59 Mn |
| Jul 31, 2016 | 239.46 Mn |
| Apr 30, 2016 | 222.74 Mn |
| Jan 31, 2016 | 203.46 Mn |
| Oct 31, 2015 | 198.33 Mn |
| Jul 31, 2015 | 191.16 Mn |
| Apr 30, 2015 | 154.57 Mn |
| Jan 31, 2015 | 144.10 Mn |
| Oct 31, 2014 | 140.50 Mn |
| Jul 31, 2014 | 10.68 Mn |
| Jan 31, 2014 | -12.71 Mn |