Healthequity (HQY) Operating Leases (2019 - 2026)
Healthequity (HQY) posted quarterly Operating Leases of $32.1 million for Q2 2026, down 20.17% year-over-year from $40.2 million in Q2 2025, and down 6.08% quarter-over-quarter from $34.2 million in Q1 2026.
Healthequity (HQY) Operating Leases (2019 - 2026) Analysis & Trends
Healthequity's Operating Leases history runs 8 years deep, the most recent figure standing at $32.1 million for Q2 2026.
- In Q2 2026, Operating Leases fell 20.17% year-over-year to $32.1 million; the TTM figure through Apr 2026 stood at $32.1 million (down 20.17% YoY), while the FY2026 annual figure was $34.2 million, down 19.02% from the prior year.
- Operating Leases for Q2 2026 stood at $32.1 million, down from $34.2 million in the prior quarter.
- The five-year high for Operating Leases was $64.3 million in Q2 2022, with the low at $32.1 million in Q2 2026.
- The 5-year median for Operating Leases is $48.3 million (2024), against an average of $48.2 million.
- The sharpest annual moves came in 2023 and 2026: Operating Leases slipped 8.89% in 2023, then dropped 20.17% in 2026.
- Healthequity's Operating Leases stood at $60.8 million in 2022, then dropped by 16.84% to $50.6 million in 2023, then decreased by 12.61% to $44.2 million in 2024, then retreated by 18.04% to $36.2 million in 2025, then slipped by 11.37% to $32.1 million in 2026.
- Business Quant data shows HQY's Operating Leases at $32.1 million in Q2 2026, $34.2 million in Q1 2026, and $36.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 32.11 Mn |
| Jan 31, 2026 | 34.19 Mn |
| Oct 31, 2025 | 36.23 Mn |
| Jul 31, 2025 | 38.24 Mn |
| Apr 30, 2025 | 40.22 Mn |
| Jan 31, 2025 | 42.22 Mn |
| Oct 31, 2024 | 44.20 Mn |
| Jul 31, 2024 | 46.16 Mn |
| Apr 30, 2024 | 48.25 Mn |
| Jan 31, 2024 | 48.77 Mn |
| Oct 31, 2023 | 50.58 Mn |
| Jul 31, 2023 | 52.37 Mn |
| Apr 30, 2023 | 58.63 Mn |
| Jan 31, 2023 | 58.99 Mn |
| Oct 31, 2022 | 60.82 Mn |
| Jul 31, 2022 | 62.63 Mn |
| Apr 30, 2022 | 64.34 Mn |
| Oct 31, 2021 | 67.84 Mn |
| Jul 31, 2021 | 70.00 Mn |
| Apr 30, 2021 | 71.92 Mn |