The table below shows HEALTHEQUITY, INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
Revenue
$1.31B
$1.20B
$999.59M
$861.75M
$756.56M
$733.57M
Cost of revenue
$400.31M
$422.51M
$376.95M
$369.81M
$331.79M
$318.24M
Gross profit
$913.12M
$777.26M
$622.64M
$491.94M
$424.76M
$415.33M
R&D
$262.51M
$239.51M
$218.81M
$193.38M
$157.36M
$124.81M
HQY annual revenue (10-K history)
HEALTHEQUITY, INC. reported annual revenue of $1.31B for fiscal year 2026. That is up 9.5% from $1.20B in fiscal 2025. Over the 10 fiscal years shown, annual revenue grew from $178.37M (FY 2017) to $1.31B. Figures come from the company's audited annual reports as filed with the SEC.