Growth Metrics

Healthequity (HQY) Operating Margin (2016 - 2025)

Historic Operating Margin for Healthequity (HQY) over the last 13 years, with Q4 2025 value amounting to 24.43%.

  • Healthequity's Operating Margin rose 178900.0% to 24.43% in Q4 2025 from the same period last year, while for Oct 2025 it was 22.74%, marking a year-over-year increase of 89100.0%. This contributed to the annual value of 13.53% for FY2025, which is 17600.0% up from last year.
  • Latest data reveals that Healthequity reported Operating Margin of 24.43% as of Q4 2025, which was up 178900.0% from 27.5% recorded in Q3 2025.
  • In the past 5 years, Healthequity's Operating Margin registered a high of 27.5% during Q3 2025, and its lowest value of 13.4% during Q1 2022.
  • Over the past 5 years, Healthequity's median Operating Margin value was 8.01% (recorded in 2024), while the average stood at 8.45%.
  • Per our database at Business Quant, Healthequity's Operating Margin plummeted by -125600bps in 2022 and then soared by 190600bps in 2023.
  • Quarter analysis of 5 years shows Healthequity's Operating Margin stood at 0.2% in 2021, then soared by 1361bps to 2.56% in 2022, then surged by 383bps to 12.4% in 2023, then crashed by -47bps to 6.53% in 2024, then soared by 274bps to 24.43% in 2025.
  • Its Operating Margin was 24.43% in Q4 2025, compared to 27.5% in Q3 2025 and 25.11% in Q2 2025.