HQYNasdaqServices-Business Services, NECFiscal year ends January 31

HEALTHEQUITY, INC.

Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 27, 2026

$93.07+1.04 (+1.13%)

Close on Oct 19, 2026

Market cap: $7.82B
P/E (TTM): 33.6
Dividend yield: –

HEALTHEQUITY, INC. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31	FY 2021 2021-01-31	FY 2020 2020-01-31	FY 2019 2019-01-31	FY 2018 2018-01-31	FY 2017 2017-01-31	FY 2016 2016-01-31	FY 2015 2015-01-31	FY 2014 2014-01-31	FY 2013 2013-01-31	FY 2012 2012-01-31
Cash & Equivalents	319	296	404	254	225	329	192	361	199	140	84	111	14	5.91	5.13
Cash & Short-Term Investments	319	296	404	254	225	329	192	361	241	181	124	111	14	5.91	5.13
Receivables	124	118	105	97	87	73	71	26	22	17	14	9.05	5.71	–	–
Inventory	–	–	–	–	–	–	–	–	0.22	0.59	0.62	0.63	0.39	–	–
Prepaid Expenses & Other	70	64	–	–	–	–	–	–	–	2.87	1.70	2.27	0.66	–	–
Other Current Assets	–	64	49	32	38	59	35	7.53	3.53	2.87	1.70	2.27	–	–	–
Total Current Assets	512	478	557	383	351	460	297	395	265	201	143	125	24	–	–
Property, Plant & Equipment	3.18	3.24	6.01	13	23	29	33	8.22	7.84	5.17	3.51	2.58	1.99	–	–
Gross Property, Plant & Equipment	40	40	47	55	59	60	49	17	15	11	8.12	5.84	4.50	–	–
Accumulated Depreciation	-37	-37	-41	-42	-36	-31	-16	-9.08	-7.42	-6.01	-4.61	-3.26	-2.51	–	–
Long-Term Investments	–	–	–	–	–	–	–	0.71	–	–	–	–	–	–	–
Equity Method Investments	–	–	–	–	–	–	–	0.21	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	36	43	48	56	64	90	83	–	–	–	–	–	–	–	–
Goodwill	1,648	1,648	1,648	1,648	1,646	1,327	1,333	4.65	4.65	4.65	4.65	4.65	4.65	–	–
Intangible Assets	1,097	1,205	836	936	973	767	783	80	84	65	67	27	25	–	–
Deferred Tax Assets	–	–	–	–	–	0	0.02	1.68	5.46	1.62	–	–	–	–	–
Other Long-Term Assets	83	72	68	52	50	37	35	21	2.18	1.86	1.75	0.28	0	–	–
Total Assets	3,380	3,449	3,164	3,089	3,107	2,710	2,565	510	369	279	220	159	55	–	–
Accounts Payable	12	14	12	14	28	1.61	3.98	3.52	2.42	3.22	2.43	1.30	2.37	–	–
Accrued Expenses	74	63	46	44	58	76	46	8.55	5.52	3.76	1.90	2.23	2.93	–	–
Current Portion of Long-Term Debt	0	0	0	18	8.75	63	39	0	–	–	–	–	–	–	–
Current Debt	0	0	0	18	8.75	63	39	0	–	–	–	–	–	–	–
Current Portion of Leases	9.91	10	9.40	10	12	14	12	–	–	–	–	–	–	–	–
Total Current Liabilities	157	156	117	131	153	205	152	29	20	16	12	8.83	9.43	–	–
Long-Term Debt	957	1,056	875	908	922	924	1,182	0	–	–	–	–	–	–	–
Long-Term Leases	34	42	49	59	65	74	68	–	–	–	–	–	–	–	–
Operating Lease Liabilities	44	52	58	69	77	88	80	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	94	56	69	83	100	120	130	0.92	0	0.04	4.00	5.34	5.03	–	–
Other Long-Term Liabilities	31	23	19	13	14	8.81	2.63	2.97	2.40	–	–	–	–	–	–
Total Liabilities	1,273	1,334	1,129	1,193	1,255	1,332	1,535	33	23	17	16	15	21	–	–
Total Debt	957	1,056	875	925	931	987	1,221	0	–	–	–	–	–	–	–
Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	–	–
Additional Paid-In Capital	1,917	1,906	1,829	1,746	1,677	1,158	819	305	261	232	200	157	0	–	–
Retained Earnings	196	209	206	150	176	220	212	172	85	30	3.61	-13	-23	–	–
Comprehensive Income & Other	-5.71	0	–	–	–	–	–	0	-0.27	-0.17	-0.10	0	–	–	–
Shareholders' Equity	2,107	2,115	2,035	1,896	1,853	1,379	1,030	477	346	262	203	144	-13	-6.40	-17
Total Equity	2,107	2,115	2,035	1,896	1,853	1,379	1,030	477	346	262	203	144	-13	-6.40	-17
Total Liabilities & Equity	3,380	3,449	3,164	3,089	3,107	2,710	2,565	510	369	279	220	159	55	–	–
Shares Outstanding(shares)	85	87	86	85	84	77	71	62	61	60	58	55	7.04	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 31, 2026

Profitability, TTM

Gross margin: 71.2%
Operating margin: 25.8%
Net margin: 17.4%
Return on equity, FY2026: 10.2%

Financial strength

Current ratio: 2.99
Debt to equity: 0.47
Debt to assets: 28.5%
Cash to current liabilities: 166.5%

Valuation

P/E ratio: 33.6
Price to sales: 5.74
Price to book: 3.93
Dividend yield: –