Healthequity (HQY) Tax Provisions (2013 - 2026)
Healthequity (HQY) recorded quarterly Tax Provisions of $23.0 million in Q2 2026, up 106.07% quarter-over-quarter from $11.2 million in Q1 2026, and up 34.96% on a YoY basis from $17.0 million in Q2 2025.
Healthequity (HQY) Tax Provisions (2013 - 2026) Analysis & Trends
Healthequity's Tax Provisions history runs 14 years deep, the most recent figure standing at $23.0 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 34.96% year-over-year to $23.0 million; the TTM figure through Apr 2026 stood at $68.1 million (up 113.34% YoY), while the FY2026 annual figure was $62.2 million, up 221.92% from the prior year.
- Tax Provisions was $23.0 million for Q2 2026 at Healthequity, up from $11.2 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $23.0 million in Q2 2026 to a low of -$10.9 million in Q1 2022.
- Historically, Tax Provisions has averaged $5.6 million across 5 years, with a median of $4.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions sank 91.97% in 2024, then soared 2967.96% in 2025.
- A 5-year view of Tax Provisions shows it stood at -$4.5 million in 2022, then soared by 241.31% to $6.4 million in 2023, then tumbled by 91.97% to $515000.0 in 2024, then jumped by 2967.96% to $15.8 million in 2025, then jumped by 45.54% to $23.0 million in 2026.
- The last three Tax Provisions figures came in at $23.0 million (Q2 2026), $11.2 million (Q1 2026), and $15.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 86.59 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 8.55 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 23.00 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 814,000.00 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 623,000.00 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 13.01 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 16.50 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 5.60 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.50 Mn |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 3.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 23.00 Mn |
| Jan 31, 2026 | 11.16 Mn |
| Oct 31, 2025 | 15.80 Mn |
| Jul 31, 2025 | 18.19 Mn |
| Apr 30, 2025 | 17.04 Mn |
| Jan 31, 2025 | 3.60 Mn |
| Oct 31, 2024 | 515,000.00 |
| Jul 31, 2024 | 10.79 Mn |
| Apr 30, 2024 | 4.43 Mn |
| Jan 31, 2024 | 3.35 Mn |
| Oct 31, 2023 | 6.41 Mn |
| Jul 31, 2023 | 3.64 Mn |
| Apr 30, 2023 | 5.92 Mn |
| Jan 31, 2023 | 217,000.00 |
| Oct 31, 2022 | -4.54 Mn |
| Jul 31, 2022 | -3.22 Mn |
| Apr 30, 2022 | -4.41 Mn |
| Jan 31, 2022 | -10.95 Mn |
| Oct 31, 2021 | -4.09 Mn |
| Jul 31, 2021 | -3.97 Mn |