HealthEquity Quarterly Balance Sheet
NASDAQ: HQYConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
HealthEquity financial position
As of Jul 31, 2026, HealthEquity reported total assets of $3.27 billion, down 4.3% from a year earlier against total liabilities of $1.28 billion. Shareholders' equity stood at $1.99 billion, or 60.8% of assets. The company held $256.0 million in cash and equivalents against $931.1 million of debt, a net debt position of $675.1 million.
The current ratio (current assets divided by current liabilities) was 2.99, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.47.
Summary generated from market data by MetaCap's automated system. Methodology
HealthEquity balance sheet (quarterly)
| Quarter (USD) | Q2 20272026-07-31 | Q1 20272026-04-30 | Q4 20262026-01-31 | Q3 20262025-10-31 | Q2 20262025-07-31 | Q1 20262025-04-30 | Q4 20252025-01-31 | Q3 20252024-10-31 | Q2 20252024-07-31 | Q1 20252024-04-30 | Q4 20242024-01-31 | Q3 20242023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 256.00M | 265.37M | 318.93M | 309.26M | 304.46M | 287.89M | 295.95M | 322.16M | 326.89M | 251.23M | 403.98M | 334.06M |
| Receivables | 122.19M | 122.00M | 123.70M | 111.24M | 111.16M | 116.26M | 118.01M | 106.71M | 108.45M | 106.22M | 104.89M | 96.18M |
| Total Current Assets | 460.20M | 466.53M | 512.28M | 498.71M | 492.83M | 472.80M | 477.75M | 495.25M | 495.63M | 404.90M | 557.44M | 474.41M |
| Property, Plant & Equipment | 4.82M | 3.80M | 3.18M | 3.39M | 3.09M | 3.17M | 3.24M | 3.89M | 4.59M | 5.08M | 6.01M | 7.66M |
| Goodwill | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B | 1.65B |
| Intangible Assets | 1.05B | 1.07B | 1.10B | 1.12B | 1.15B | 1.18B | 1.20B | 1.23B | 1.25B | 1.07B | 835.95M | 860.51M |
| Total Assets | 3.27B | 3.31B | 3.38B | 3.40B | 3.42B | 3.42B | 3.45B | 3.49B | 3.51B | 3.25B | 3.16B | 3.09B |
| Accounts Payable | 8.59M | 14.22M | 12.16M | 19.55M | 9.60M | 13.50M | 14.36M | 10.35M | 10.56M | 18.17M | 12.04M | 13.42M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 153.78M | 135.74M | 156.85M | 120.63M | 116.58M | 116.34M | 156.32M | 154.54M | 120.91M | 92.22M | 117.09M | 96.24M |
| Long-Term Debt | 931.06M | 942.66M | 957.38M | 982.11M | 1.01B | 1.06B | 1.06B | 1.08B | 1.10B | 925.67M | 874.97M | 874.27M |
| Total Liabilities | 1.28B | 1.26B | 1.27B | 1.26B | 1.27B | 1.29B | 1.33B | 1.36B | 1.36B | 1.15B | 1.13B | 1.11B |
| Shareholders' Equity | 1.99B | 2.05B | 2.11B | 2.13B | 2.15B | 2.12B | 2.11B | 2.12B | 2.16B | 2.10B | 2.04B | 1.99B |
| Retained Earnings | 162.58M | 177.20M | 195.91M | 207.94M | 226.90M | 218.35M | 209.27M | 231.59M | 270.26M | 234.44M | 205.63M | 179.26M |
| Total Debt | 931.06M | 942.66M | 957.38M | 982.11M | 1.01B | 1.06B | 1.06B | 1.08B | 1.10B | 925.67M | 874.97M | 874.27M |
| Net Cash (Debt) | -675.06M | -677.29M | -638.45M | -672.85M | -702.37M | -768.67M | -760.35M | -758.88M | -774.51M | -674.45M | -470.99M | -540.21M |
| Shares Outstanding | 82.91M | 83.93M | 85.01M | 85.61M | 86.42M | 86.71M | 86.54M | 86.82M | 87.32M | 87.01M | 86.13M | 85.80M |
This table shows 12 quarterly periods of HealthEquity's balance sheet, from Q2 2027 back to Q3 2024, across 19 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow HQY's reporting calendar. What is a balance sheet?