Healthequity (HQY) Tax Provisions (2013 - 2026)
Healthequity (HQY) posted Tax Provisions of $22.2 million for Q3 2026, down 3.39% on a QoQ basis from $23.0 million in Q2 2026, and up 22.13% year-over-year from $18.2 million in Q3 2025.
Analysis
Healthequity (HQY) Tax Provisions (2013 - 2026) Analysis & Trends
Healthequity has reported Tax Provisions for 14 years, with the latest figure at $22.2 million in Q3 2026.
- On a quarterly basis, Tax Provisions rose 22.13% year-over-year to $22.2 million in Q3 2026; TTM through Jul 2026 was $72.2 million, a 83.49% increase from a year earlier, with the FY2026 full-year figure at $62.2 million, up 221.92% from the prior year.
- Tax Provisions was $22.2 million for Q3 2026 at Healthequity, down from $23.0 million in the prior quarter.
- The five-year high for Tax Provisions was $23.0 million in Q2 2026, with the low at -$10.9 million in Q1 2022.
- Average Tax Provisions over 5 years is $6.5 million, with a median of $4.4 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions plunged 91.97% in 2024, then soared 2975.73% in 2025.
- Over 5 years, Tax Provisions stood at -$4.5 million in 2022, then jumped by 241.31% to $6.4 million in 2023, then slumped by 91.97% to $515000.0 in 2024, then jumped by 2975.73% to $15.8 million in 2025, then soared by 40.28% to $22.2 million in 2026.
- The last three Tax Provisions figures came in at $22.2 million (Q3 2026), $23.0 million (Q2 2026), and $11.1 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.85 Bn | 51.23 Bn | - | 475.00 Mn |
| 2 | State Street | 53.36 Bn | 53.36 Bn | - | 305.00 Mn |
| 3 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 272.50 Mn |
| 4 | Sei Investments | 13.24 Bn | 13.16 Bn | - | 53.65 Mn |
| 5 | Healthequity | 7.97 Bn | 7.71 Bn | 257.95 Mn | 22.22 Mn |
| 6 | AtlasClear Holdings | 28.46 Mn | -12.04 Mn | - | -195,554.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.22 Mn |
| Apr 30, 2026 | 23.00 Mn |
| Jan 31, 2026 | 11.13 Mn |
| Oct 31, 2025 | 15.84 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 |