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| 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 |