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HealthEquity (HQY) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2024-01-31-16.00%
2023-01-31-13.90%
2022-01-31-3.13%
2021-01-31-37.89%
2020-01-31-85.21%
2019-01-31-25.15%
2018-01-31-28.68%
2017-01-31-40.69%
2016-01-31-44.31%
2015-01-31-41.67%
2014-01-31-34.56%
2013-01-31--

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

DateRevenueChange
2024-07-31-4.29%
2024-04-30-9.61%
2024-01-31-5.28%
2023-10-31-2.33%
2023-07-31--0.36%
2023-04-30-4.53%
2023-01-31-8.22%
2022-10-31-4.82%
2022-07-31-0.23%
2022-04-30-1.17%
2022-01-31-12.97%
2021-10-31--4.84%
2021-07-31-2.66%
2021-04-30--2.11%
2021-01-31-4.92%
2020-10-31-1.88%
2020-07-31--7.35%
2020-04-30--5.56%
2020-01-31-28.06%
2019-10-31-81.38%
2019-07-31--0.49%
2019-04-30-14.88%
2019-01-31-7.49%
2018-10-31--0.80%
2018-07-31-1.66%
2018-04-30-15.67%
2018-01-31-6.42%
2017-10-31--0.16%
2017-07-31-2.63%
2017-04-30-18.39%
2017-01-31-7.97%
2016-10-31--1.87%
2016-07-31-0.39%
2016-04-30-22.65%
2016-01-31-17.44%
2015-10-31-0.20%
2015-07-31-2.16%
2015-04-30-20.02%
2015-01-31-13.76%
2014-10-31-4.65%
2014-07-31-3.26%
2014-04-30-17.89%
2014-01-31-12.55%
2013-10-31-1.78%
2013-07-31-2.45%
2013-04-30--

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/ServiceJan 24Jan 23Jan 22Jan 21Jan 20
Service-----
Financial Service, Other-----
Credit and Debit Card-----

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/ServiceJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Credit and Debit Card--------------------
Financial Service, Other--------------------
Service--------------------

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

CountryJan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Oct 18Jul 18
Service-------------------
Credit and Debit Card-------------------
Financial Service, Other-------------------

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%).

HealthEquity Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OLLIOllie's Bargain Outlet--
GMEDGlobus Medical--
HQYHealthEquity--
NEWRNew Relic--
APPFAppFolio--
LOPEGrand Canyon Education--

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.