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
DateValue
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