Growth Metrics

Healthequity (HQY) Net Margin (2016 - 2026)

Healthequity has reported Net Margin over the past 14 years, most recently at 14.87% for Q1 2026.

  • For Q1 2026, Net Margin rose 641.0% year-over-year to 14.87%; the TTM value through Jan 2026 reached 16.39%, up 833.0%, while the annual FY2026 figure was 16.38%, 832.0% up from the prior year.
  • Net Margin for Q1 2026 was 14.87% at Healthequity, down from 16.06% in the prior quarter.
  • Over five years, Net Margin peaked at 18.37% in Q3 2025 and troughed at 16.14% in Q1 2022.
  • A 5-year average of 5.36% and a median of 5.89% in 2023 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: tumbled -1900bps in 2022 and later soared 1605bps in 2023.
  • Year by year, Net Margin stood at 0.76% in 2022, then skyrocketed by 875bps to 5.89% in 2023, then tumbled by -68bps to 1.9% in 2024, then skyrocketed by 746bps to 16.06% in 2025, then dropped by -7bps to 14.87% in 2026.
  • Business Quant data shows Net Margin for HQY at 14.87% in Q1 2026, 16.06% in Q4 2025, and 18.37% in Q3 2025.