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HEALTHEQUITY, INC. (HQY)

For the quarter ending 2025-07-31, HQY made $325,835K in revenue. $59,854K in net income. Net profit margin of 18.37%.

Overview

Revenue
$325,835K
Net Income
$59,854K
Net Profit Margin
18.37%
EPS
$0.68
Unit: Thousand (K) dollars
Revenue Breakdown
    • Financial Service Other
    • Service
    • Credit And Debit Card

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-07-31
2025-04-30
2024-10-31
2024-07-31
Total revenue325,835 330,844 300,432 299,928
Service75,156 - - -
Financial Service Other11,137 - - -
Credit And Debit Card6,947 - - -
Total cost of revenue93,240 106,533 103,406 95,876
Gross profit232,595 224,311 197,026 204,052
Sales and marketing19,922 25,984 22,636 21,525
Technology and development64,804 61,436 60,189 58,580
General and administrative29,990 25,536 31,789 32,260
Merger integration1,266 1,275 34,437 1,777
Amortization of acquired intangible assets27,001 27,002 28,350 30,981
Total operating expenses142,983 141,233 177,401 145,123
Income from operations89,612 83,078 19,625 58,929
Other income, net3,391 2,733 4,748 3,114
Interest expense14,955 14,858 18,155 15,427
Total other expense-11,564 -12,125 -13,407 -12,313
Income before income taxes78,048 70,953 6,218 46,616
Income tax provision18,194 17,038 515 10,794
Net income59,854 53,915 5,703 35,822
Basic (in shares)86,550,000 86,655,000 87,193,000 87,131,000
Basic (in usd per share)0.69 0.62 0.07 0.41
Diluted (in shares)87,746,000 88,415,000 88,634,000 88,646,000
Diluted (in usd per share)0.68 0.61 0.06 0.4
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Credit And Debit Card$48,086K Financial Service Other$159,876K Service$117,873K Total revenue$325,835K (8.64%↑ Y/Y)Gross profit$232,595K (13.99%↑ Y/Y)Total cost of revenue$93,240K (-2.75%↓ Y/Y)Income from operations$89,612K (52.07%↑ Y/Y)Total operatingexpenses$142,983K (-1.47%↓ Y/Y)Credit And Debit Card$6,947K Financial Service Other$11,137K Service$75,156K Income before incometaxes$78,048K (67.43%↑ Y/Y)Total other expense-$11,564K (6.08%↑ Y/Y)Other income, net$3,391K (8.90%↑ Y/Y)Amortization of acquiredintangible assets$27,001K (-12.85%↓ Y/Y)Merger integration$1,266K (-28.76%↓ Y/Y)General andadministrative$29,990K (-7.04%↓ Y/Y)Technology and development$64,804K (10.62%↑ Y/Y)Sales and marketing$19,922K (-7.45%↓ Y/Y)Net income$59,854K (67.09%↑ Y/Y)Income tax provision$18,194K (68.56%↑ Y/Y)Interest expense$14,955K (-3.06%↓ Y/Y)