Healthequity (HQY) Operating Leases (2019 - 2026)

Healthequity's (HQY) quarterly Operating Leases came in at $32.1 million in Q2 2026, down 20.17% year-on-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.

  • On a quarterly basis, Operating Leases fell 20.17% year-over-year to $32.1 million in Q2 2026; TTM through Apr 2026 was $32.1 million, a 20.17% decrease from a year earlier, with the FY2026 full-year figure at $34.2 million, down 19.02% from the prior year.
  • Operating Leases eased to $32.1 million in Q2 2026 per HQY's latest filing, from $34.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $64.3 million in Q2 2022 and bottomed 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.
  • Across the five-year window, Operating Leases fell 8.89% in 2023 and retreated 20.17% in 2026, its largest moves.
  • Year by year, Operating Leases 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.
  • Per Business Quant, the three latest HQY Operating Leases figures stand at $32.1 million (Q2 2026), $34.2 million (Q1 2026), and $36.2 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 32.17 Bn 24.85 Bn 662.02 Mn
2 BrightSpring Health Services 14.60 Bn 13.70 Bn 482.22 Mn
3 Healthequity 8.41 Bn 8.14 Bn 256.31 Mn
4 Hinge Health 5.96 Bn 5.64 Bn 154.23 Mn
5 10x Genomics 5.86 Bn 5.32 Bn 106.18 Mn
6 MiniMed 4.51 Bn 4.21 Bn 480.00 Mn
7 Waystar Holding 4.47 Bn 4.40 Bn 216.84 Mn
8 Doximity 3.95 Bn 3.21 Bn 125.97 Mn
9 Privia Health 3.12 Bn 2.70 Bn -
10 Omnicell 1.88 Bn 1.64 Bn 140.36 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 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