Growth Metrics

Healthequity (HQY) Tax Rate (2016 - 2026)

Healthequity (HQY) has 13 years of Tax Rate data on record, last reported at 23.4% in Q4 2025.

  • For Q4 2025, Tax Rate rose 1511.0% year-over-year to 23.4%; the TTM value through Oct 2025 reached 22.16%, up 568.0%, while the annual FY2025 figure was 16.66%, 910.0% down from the prior year.
  • Tax Rate reached 23.4% in Q4 2025 per HQY's latest filing, roughly flat from 23.32% in the prior quarter.
  • Across five years, Tax Rate topped out at 2712.5% in Q1 2023 and bottomed at 8.28% in Q4 2024.
  • Average Tax Rate over 5 years is 188.25%, with a median of 24.73% recorded in 2022.
  • Peak YoY movement for Tax Rate: surged 268749bps in 2023, then tumbled -270122bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 44.79% in 2021, then skyrocketed by 64bps to 73.45% in 2022, then crashed by -59bps to 30.42% in 2023, then crashed by -73bps to 8.28% in 2024, then skyrocketed by 182bps to 23.4% in 2025.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 23.4% in Q4 2025, 23.32% in Q3 2025, and 24.01% in Q2 2025.