Healthequity HQY
NASDAQ HQY
$96.07 -2.71 (-2.74%)
At close: Sep 4, 2026 · 4:00 PM EDT

Healthequity (HQY) Operating Expenses (2013 - 2026)

Healthequity (HQY) posted Operating Expenses of $159.3 million for Q3 2026, up 3.85% on a QoQ basis from $153.4 million in Q2 2026, and up 11.39% year-over-year from $143.0 million in Q3 2025.

Analysis

Healthequity (HQY) Operating Expenses (2013 - 2026) Analysis & Trends

Healthequity has reported Operating Expenses for 14 years, with the latest figure at $159.3 million in Q3 2026.

  • On a quarterly basis, Operating Expenses rose 11.39% year-over-year to $159.3 million in Q3 2026; TTM through Jul 2026 was $619.1 million, a 1.73% increase from a year earlier, with the FY2026 full-year figure at $590.7 million, down 3.95% from the prior year.
  • Operating Expenses was $159.3 million for Q3 2026 at Healthequity, up from $153.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $177.4 million in Q4 2024, with the low at $118.9 million in Q2 2022.
  • Average Operating Expenses over 5 years is $138.9 million, with a median of $141.2 million recorded in 2025.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 38.28% in 2024, then slipped 15.8% in 2025.
  • Over 5 years, Operating Expenses stood at $121.8 million in 2022, then rose by 5.35% to $128.3 million in 2023, then jumped by 38.28% to $177.4 million in 2024, then dropped by 15.8% to $149.4 million in 2025, then increased by 6.63% to $159.3 million in 2026.
  • The last three Operating Expenses figures came in at $159.3 million (Q3 2026), $153.4 million (Q2 2026), and $157.1 million (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank of New York Mellon 111.85 Bn 51.23 Bn - 3.44 Bn
2 State Street 53.36 Bn 53.36 Bn - 2.66 Bn
3 Northern Trust 34.15 Bn 34.15 Bn - 1.64 Bn
4 Sei Investments 13.24 Bn 13.16 Bn - 444.60 Mn
5 Healthequity 7.97 Bn 7.71 Bn 257.95 Mn 159.26 Mn
6 AtlasClear Holdings 28.46 Mn -12.04 Mn - 7.13 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 159.26 Mn
Apr 30, 2026 153.36 Mn
Jan 31, 2026 157.08 Mn
Oct 31, 2025 149.37 Mn
Jul 31, 2025 142.98 Mn
Apr 30, 2025 141.23 Mn
Jan 31, 2025 146.89 Mn
Oct 31, 2024 177.40 Mn
Jul 31, 2024 145.12 Mn
Apr 30, 2024 145.51 Mn
Jan 31, 2024 124.43 Mn
Oct 31, 2023 128.29 Mn
Jul 31, 2023 126.93 Mn
Apr 30, 2023 125.29 Mn
Jan 31, 2023 121.56 Mn
Oct 31, 2022 121.78 Mn
Jul 31, 2022 120.66 Mn
Apr 30, 2022 118.89 Mn
Jan 31, 2022 132.86 Mn
Oct 31, 2021 103.94 Mn