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.

  • Quarterly results put Net Margin at 14.87% for Q1 2026, up 641.0% from a year ago — trailing twelve months through Jan 2026 was 16.39% (up 833.0% YoY), and the annual figure for FY2026 was 16.38%, up 832.0%.
  • Net Margin for Q1 2026 was 14.87% at Healthequity, down from 16.06% in the prior quarter.
  • Over the last five years, Net Margin for HQY hit a ceiling of 18.37% in Q3 2025 and a floor of 16.14% in Q1 2022.
  • Median Net Margin over the past 5 years was 5.89% (2023), compared with a mean of 5.36%.
  • Biggest five-year swings in Net Margin: plummeted -1900bps in 2022 and later surged 1605bps in 2023.
  • Healthequity's Net Margin stood at 0.76% in 2022, then soared by 875bps to 5.89% in 2023, then plummeted by -68bps to 1.9% in 2024, then soared by 746bps to 16.06% in 2025, then fell by -7bps to 14.87% in 2026.
  • The last three reported values for Net Margin were 14.87% (Q1 2026), 16.06% (Q4 2025), and 18.37% (Q3 2025) per Business Quant data.