Healthequity (HQY) Operating Expenses (2013 - 2026)

Healthequity's Operating Expenses history runs 14 years deep, the most recent figure standing at $153.4 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 8.59% year-over-year to $153.4 million; the TTM figure through Apr 2026 stood at $602.8 million (down 1.29% YoY), while the FY2026 annual figure was $590.7 million, down 3.95% from the prior year.
• Operating Expenses was $153.4 million for Q2 2026 at Healthequity, down from $157.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $177.4 million in Q4 2024 to a low of $118.9 million in Q2 2022.
• Historically, Operating Expenses has averaged $137.8 million across 5 years, with a median of $137.0 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 38.28% in 2024, then decreased 15.8% in 2025.
• A 5-year view of Operating Expenses shows it stood at $121.8 million in 2022, then increased by 5.35% to $128.3 million in 2023, then soared by 38.28% to $177.4 million in 2024, then slipped by 15.8% to $149.4 million in 2025, then increased by 2.67% to $153.4 million in 2026.
• The last three Operating Expenses figures came in at $153.4 million (Q2 2026), $157.1 million (Q1 2026), and $149.4 million (Q4 2025), per Business Quant data.