MarketBrain

HEALTHEQUITY, INC.

Financial highlights

MetricFY January 31, 2026FY January 31, 2025FY January 31, 2024FY January 31, 2023FY January 31, 2022
Revenue$1.3B$1.2B$999.6M$861.7M$756.6M
Gross profit$913.1M$777.3M$622.6M$491.9M$424.8M
Operating income$322.5M$162.3M$117.7M$9.1M-$24.2M
Operating expenses$590.7M$614.9M$504.9M$482.9M$449.0M
Cost of revenue$400.3M$422.5M$376.9M$369.8M$331.8M
Cash from operations$457.1M$339.9M$242.8M$150.7M$141.0M
Capital expenditure$2.0M$2.1M$1.7M$3.4M$8.9M
Free cash flow$455.1M$337.8M$241.1M$147.3M$132.1M
Share repurchases$299.3M$121.5M$0$0
Impairments$0$0$0$0$0
Total assets$3.4B$3.4B$3.2B$3.1B$3.1B
Total liabilities$1.3B$1.3B$1.1B$1.2B$1.3B
Total debt$961.9M$1.1B$886.9M$941.2M$950.0M

Shares outstanding 83.6M · Free float 85.4%

Annual filing data through FY ended January 31, 2026; float as of July 13, 2026.