Growth Metrics

Healthequity (HQY) Operating Expenses (2016 - 2026)

Healthequity has reported Operating Expenses over the past 14 years, most recently at $157.1 million for Q1 2026.

  • Quarterly results put Operating Expenses at $157.1 million for Q1 2026, up 6.93% from a year ago — trailing twelve months through Jan 2026 was $590.7 million (down 3.95% YoY), and the annual figure for FY2026 was $590.7 million, down 3.95%.
  • Operating Expenses for Q1 2026 was $157.1 million at Healthequity, up from $149.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for HQY hit a ceiling of $177.4 million in Q4 2024 and a floor of $118.9 million in Q2 2022.
  • Median Operating Expenses over the past 5 years was $132.9 million (2022), compared with a mean of $136.8 million.
  • Biggest five-year swings in Operating Expenses: surged 38.28% in 2024 and later dropped 15.8% in 2025.
  • Healthequity's Operating Expenses stood at $121.8 million in 2022, then rose by 5.35% to $128.3 million in 2023, then skyrocketed by 38.28% to $177.4 million in 2024, then dropped by 15.8% to $149.4 million in 2025, then grew by 5.16% to $157.1 million in 2026.
  • The last three reported values for Operating Expenses were $157.1 million (Q1 2026), $149.4 million (Q4 2025), and $143.0 million (Q3 2025) per Business Quant data.