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| 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 | 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 |