Healthequity (HQY) Tax Rate (2013 - 2026)

Healthequity's Tax Rate history runs 14 years deep, the most recent figure standing at 24.88% for Q2 2026.

• In Q2 2026, Tax Rate rose 87.0% year-over-year to 24.88%; the TTM figure through Apr 2026 stood at 22.8% (up 202.0% YoY), while the FY2026 annual figure was 22.43%, up 577.0% from the prior year.
• Tax Rate was 24.88% for Q2 2026 at Healthequity, up from 18.32% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 2712.5% in Q1 2023 to a low of 8.28% in Q4 2024.
• Historically, Tax Rate has averaged 175.32% across 5 years, with a median of 23.7% in 2025.
• The sharpest annual moves came in 2023 and 2024: Tax Rate surged 268749 bps in 2023, then tumbled 270122 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 73.45% in 2022, then slumped by 59 bps to 30.42% in 2023, then slumped by 73 bps to 8.28% in 2024, then jumped by 182 bps to 23.4% in 2025, then increased by 6 bps to 24.88% in 2026.
• The last three Tax Rate figures came in at 24.88% (Q2 2026), 18.32% (Q1 2026), and 23.4% (Q4 2025), per Business Quant data.