Growth Metrics

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 🔒
DateValue
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