Healthequity (HQY) Operating Leases (2019 - 2026)

Healthequity (HQY) recorded quarterly Operating Leases of $32.1 million in Q2 2026, down 6.08% quarter-over-quarter from $34.2 million in Q1 2026, and down 20.17% on a YoY basis from $40.2 million in Q2 2025.

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 was $32.1 million for Q2 2026 at Healthequity, down from $34.2 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $64.3 million in Q2 2022 to a low of $32.1 million in Q2 2026.
  • Historically, Operating Leases has averaged $48.7 million across 5 years, with a median of $48.3 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases dropped 1.39% in 2024, then decreased 27.42% in 2025.
  • A 5-year view of Operating Leases shows it stood at $60.8 million in 2022, then declined by 16.84% to $50.6 million in 2023, then slipped by 12.61% to $44.2 million in 2024, then decreased by 18.04% to $36.2 million in 2025, then dropped by 11.37% to $32.1 million in 2026.
  • The last three Operating Leases figures came in at $32.1 million (Q2 2026), $34.2 million (Q1 2026), and $36.2 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn

Historic Data

Download Data
DateValue
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 58.17 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