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
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 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