HealthEquity
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. HealthEquity's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $999,587,000. The net income raised on $55,712,000 and profit margin reached 6%. Total operating expenses were $401,740,000.
Profit Margin
| 2015 | 87.85M | 10.16M | 11.57% |
|---|---|---|---|
| 2016 | 126.78M | 16.61M | 13.1% |
| 2017 | 178.37M | 26.37M | 14.79% |
| 2018 | 229.52M | 47.36M | 20.63% |
| 2019 | 287.24M | 73.89M | 25.73% |
| 2020 | 531.99M | 39.66M | 7.46% |
| 2021 | 733.57M | 8.83M | 1.2% |
| 2022 | 756.55M | -44.28M | -5.85% |
| 2023 | 861.74M | -26.14M | -3.03% |
| 2024 | 999.58M | 55.71M | 5.57% |
HQY Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 999.58M | 861.74M | 756.55M | 733.57M | 531.99M | 287.24M | 229.52M | 178.37M | 126.78M | 87.85M |
Cost of revenue | 376.95M | 371.65M | 332.85M | 318.23M | 206.08M | 106.05M | 94.60M | 72.01M | 54.18M | 39.88M |
Gross profit | 622.63M | 490.09M | 423.70M | 415.33M | 325.90M | 181.19M | 134.91M | 106.35M | 72.59M | 47.97M |
Operating exp. | ||||||||||
Research and development | 218.81M | 193.37M | 157.36M | 124.80M | 77.57M | 35.05M | 27.38M | 22.37M | 16.83M | 10.50M |
Selling and marketing | 79.27M | 68.84M | 58.60M | 49.96M | 43.95M | 29.49M | 23.13M | 18.32M | 13.30M | 10.61M |
Total operating expenses | 401.74M | 452.43M | 383.13M | 335.33M | 216.79M | 103.52M | 80.49M | 65.14M | 46.45M | 31.1M |
Operating income | 128.13M | 38.92M | 34.63M | 83.27M | 77.00M | 77.67M | 54.41M | 41.21M | 26.14M | 16.87M |
Other income (expenses), net | -53.09M | -47.15M | -101.37M | -79.13M | -33.85M | -1.85M | -2.22M | -1.09M | -589K | -1.10M |
Income before tax | 75.04M | -38.09M | -66.74M | 4.14M | 43.15M | 75.81M | 52.18M | 40.12M | 25.55M | 15.76M |
Income tax expense | 19.32M | -11.95M | -22.45M | -4.69M | 3.49M | 1.91M | 4.82M | 13.74M | 8.94M | 5.59M |
Net income | 55.71M | -26.14M | -44.28M | 8.83M | 39.66M | 73.89M | 47.36M | 26.37M | 16.61M | 10.16M |
Earnings per share | ||||||||||
Basic EPS | 0.65 | -0.31 | -0.53 | 0.12 | 0.59 | 1.2 | 0.79 | 0.45 | 0.29 | 0.39 |
Diluted EPS | 0.64 | -0.31 | -0.53 | 0.12 | 0.58 | 1.17 | 0.77 | 0.44 | 0.28 | 0.21 |
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