HealthEquity (HQY) Revenue & Revenue Breakdown
HealthEquity Revenue Highlights
Latest Revenue (Y)
$999.59M
Latest Revenue (Q)
$299.93M
Main Segment (Y)
Service
HealthEquity Revenue by Period
HealthEquity Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-01-31 | $999.59M | 16.00% |
| 2023-01-31 | $861.75M | 13.90% |
| 2022-01-31 | $756.56M | 3.13% |
| 2021-01-31 | $733.57M | 37.89% |
| 2020-01-31 | $531.99M | 85.21% |
| 2019-01-31 | $287.24M | 25.15% |
| 2018-01-31 | $229.53M | 28.68% |
| 2017-01-31 | $178.37M | 40.69% |
| 2016-01-31 | $126.79M | 44.31% |
| 2015-01-31 | $87.86M | 41.67% |
| 2014-01-31 | $62.02M | 34.56% |
| 2013-01-31 | $46.09M | - |
HealthEquity generated $999.59M in revenue during NA 2024, up 16.00% compared to the previous quarter, and up 347.99% compared to the same period a year ago.
HealthEquity Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-07-31 | $299.93M | 4.29% |
| 2024-04-30 | $287.60M | 9.61% |
| 2024-01-31 | $262.39M | 5.28% |
| 2023-10-31 | $249.22M | 2.33% |
| 2023-07-31 | $243.55M | -0.36% |
| 2023-04-30 | $244.43M | 4.53% |
| 2023-01-31 | $233.84M | 8.22% |
| 2022-10-31 | $216.09M | 4.82% |
| 2022-07-31 | $206.14M | 0.23% |
| 2022-04-30 | $205.68M | 1.17% |
| 2022-01-31 | $203.30M | 12.97% |
| 2021-10-31 | $179.95M | -4.84% |
| 2021-07-31 | $189.10M | 2.66% |
| 2021-04-30 | $184.20M | -2.11% |
| 2021-01-31 | $188.17M | 4.92% |
| 2020-10-31 | $179.35M | 1.88% |
| 2020-07-31 | $176.04M | -7.35% |
| 2020-04-30 | $190.01M | -5.56% |
| 2020-01-31 | $201.20M | 28.06% |
| 2019-10-31 | $157.12M | 81.38% |
| 2019-07-31 | $86.62M | -0.49% |
| 2019-04-30 | $87.05M | 14.88% |
| 2019-01-31 | $75.78M | 7.49% |
| 2018-10-31 | $70.50M | -0.80% |
| 2018-07-31 | $71.07M | 1.66% |
| 2018-04-30 | $69.90M | 15.67% |
| 2018-01-31 | $60.44M | 6.42% |
| 2017-10-31 | $56.79M | -0.16% |
| 2017-07-31 | $56.88M | 2.63% |
| 2017-04-30 | $55.42M | 18.39% |
| 2017-01-31 | $46.81M | 7.97% |
| 2016-10-31 | $43.36M | -1.87% |
| 2016-07-31 | $44.19M | 0.39% |
| 2016-04-30 | $44.01M | 22.65% |
| 2016-01-31 | $35.89M | 17.44% |
| 2015-10-31 | $30.56M | 0.20% |
| 2015-07-31 | $30.49M | 2.16% |
| 2015-04-30 | $29.85M | 20.02% |
| 2015-01-31 | $24.87M | 13.76% |
| 2014-10-31 | $21.86M | 4.65% |
| 2014-07-31 | $20.89M | 3.26% |
| 2014-04-30 | $20.23M | 17.89% |
| 2014-01-31 | $17.16M | 12.55% |
| 2013-10-31 | $15.25M | 1.78% |
| 2013-07-31 | $14.98M | 2.45% |
| 2013-04-30 | $14.62M | - |
HealthEquity generated $299.93M in revenue during Q2 2025, up 4.29% compared to the previous quarter, and up 122.70% compared to the same period a year ago.
HealthEquity Revenue Breakdown
HealthEquity Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jan 24 | Jan 23 | Jan 22 | Jan 21 | Jan 20 |
|---|---|---|---|---|---|
| Service | $455.69M | $430.20M | $426.91M | $430.97M | $262.87M |
| Financial Service, Other | $386.59M | $283.11M | $202.82M | $190.93M | $181.89M |
| Credit and Debit Card | $157.30M | $148.44M | $126.83M | $111.67M | $87.23M |
HealthEquity's latest annual revenue breakdown by segment (product or service), as of Jan 24: Service (45.59%), Financial Service, Other (38.68%), and Credit and Debit Card (15.74%).
Quarterly Revenue by Product
| Product/Service | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credit and Debit Card | $44.52M | $47.74M | $38.38M | $35.13M | $38.91M | $44.88M | $36.10M | $32.86M | $37.51M | $41.97M | $32.78M | $28.21M | $31.14M | $34.69M | $28.26M | $26.25M | $25.32M | $31.84M | $29.69M | $22.53M |
| Financial Service, Other | $138.68M | $121.64M | $105.43M | $106.58M | $98.92M | $94.44M | $83.51M | $74.64M | $65.60M | $59.37M | $58.06M | $49.01M | $48.78M | $46.98M | $48.58M | $48.54M | $46.91M | $46.90M | $49.35M | $46.97M |
| Service | $116.72M | $118.21M | $118.58M | $107.51M | $105.72M | $105.11M | $114.23M | $108.58M | $103.03M | $104.35M | $112.46M | $102.73M | $109.18M | $102.53M | $111.33M | $104.56M | $103.81M | $111.27M | $122.16M | $87.62M |
HealthEquity's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Financial Service, Other (46.24%), Service (38.92%), and Credit and Debit Card (14.84%).
HealthEquity Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | Jul 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $114.23M | $108.58M | $103.03M | $104.35M | $112.46M | $102.73M | $109.18M | $102.53M | $111.33M | $104.56M | $103.81M | $111.27M | $122.16M | $87.62M | $26.28M | $26.81M | $25.77M | $25.04M | $24.93M |
| Credit and Debit Card | $36.10M | $32.86M | $37.51M | $41.97M | $32.78M | $28.21M | $31.14M | $34.69M | $28.26M | $26.25M | $25.32M | $31.84M | $29.69M | $22.53M | $16.73M | $18.29M | $14.54M | $13.89M | $15.42M |
| Financial Service, Other | $83.51M | $74.64M | $65.60M | $59.37M | $58.06M | $49.01M | $48.78M | $46.98M | $48.58M | $48.54M | $46.91M | $46.90M | $49.35M | $46.97M | $43.61M | $41.95M | $35.47M | $31.56M | $30.71M |
HealthEquity's latest quarterly revenue breakdown by geography, as of Jan 23: Service (48.85%), Financial Service, Other (35.71%), and Credit and Debit Card (15.44%).
HQY Revenue FAQ
What is HealthEquity’s yearly revenue?
HealthEquity's yearly revenue for 2024 was $999.59M, representing an increase of 16.00% compared to 2023. The company's yearly revenue for 2023 was $861.75M, representing an increase of 13.90% compared to 2022. HQY's yearly revenue for 2022 was $756.56M, representing an increase of 3.13% compared to 2021.
What is HealthEquity’s quarterly revenue?
HealthEquity's quarterly revenue for Q2 2025 was $299.93M, a 4.29% increase from the previous quarter (Q1 2025), and a 23.15% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $287.6M, a 9.61% increase from the previous quarter (Q4 2024), and a 17.66% increase year-over-year (Q1 2024). HQY's quarterly revenue for Q4 2024 was $262.39M, a 5.28% increase from the previous quarter (Q3 2024), and a 12.21% increase year-over-year (Q4 2023).
What is HealthEquity’s revenue growth rate?
HealthEquity's revenue growth rate for the last 3 years (2022-2024) was 32.12%, and for the last 5 years (2020-2024) was 87.89%.
What are HealthEquity’s revenue streams?
HealthEquity's revenue streams in n 24 are Service, Financial Service, Other, and Credit and Debit Card. Service generated $455.69M in revenue, accounting 45.59% of the company's total revenue, up 5.93% year-over-year. Financial Service, Other generated $386.59M in revenue, accounting 38.68% of the company's total revenue, up 36.55% year-over-year. Credit and Debit Card generated $157.3M in revenue, accounting 15.74% of the company's total revenue, up 5.97% year-over-year.
What is HealthEquity’s main source of revenue?
For the fiscal year ending Jan 24, the largest source of revenue of HealthEquity was Service. This segment made a revenue of $455.69M, representing 45.59% of the company's total revenue.