Healthequity Inc
NASDAQ:HQY
Income Statement
Earnings Waterfall
Healthequity Inc
Revenue
|
999.6m
USD
|
Cost of Revenue
|
-377m
USD
|
Gross Profit
|
622.6m
USD
|
Operating Expenses
|
-494.5m
USD
|
Operating Income
|
128.1m
USD
|
Other Expenses
|
-72.4m
USD
|
Net Income
|
55.7m
USD
|
Income Statement
Healthequity Inc
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
62
N/A
|
68
+9%
|
74
+9%
|
80
+9%
|
88
+10%
|
98
+11%
|
107
+10%
|
116
+8%
|
127
+9%
|
141
+11%
|
155
+10%
|
168
+8%
|
178
+7%
|
190
+6%
|
203
+7%
|
216
+7%
|
230
+6%
|
244
+6%
|
258
+6%
|
272
+5%
|
287
+6%
|
305
+6%
|
320
+5%
|
407
+27%
|
532
+31%
|
635
+19%
|
724
+14%
|
747
+3%
|
734
-2%
|
728
-1%
|
741
+2%
|
742
+0%
|
757
+2%
|
778
+3%
|
795
+2%
|
831
+5%
|
862
+4%
|
900
+4%
|
938
+4%
|
971
+4%
|
1 000
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(29)
|
(31)
|
(34)
|
(36)
|
(40)
|
(43)
|
(46)
|
(49)
|
(54)
|
(59)
|
(62)
|
(67)
|
(72)
|
(77)
|
(83)
|
(89)
|
(95)
|
(99)
|
(102)
|
(104)
|
(106)
|
(110)
|
(114)
|
(150)
|
(206)
|
(259)
|
(305)
|
(319)
|
(318)
|
(318)
|
(320)
|
(322)
|
(333)
|
(346)
|
(357)
|
(370)
|
(372)
|
(374)
|
(378)
|
(380)
|
(377)
|
|
Gross Profit |
33
N/A
|
37
+12%
|
40
+10%
|
44
+9%
|
48
+9%
|
54
+13%
|
61
+13%
|
67
+9%
|
73
+9%
|
82
+13%
|
92
+12%
|
101
+9%
|
106
+6%
|
112
+6%
|
120
+6%
|
127
+7%
|
135
+6%
|
146
+8%
|
156
+7%
|
168
+8%
|
181
+8%
|
195
+7%
|
206
+6%
|
257
+24%
|
326
+27%
|
376
+15%
|
420
+12%
|
428
+2%
|
415
-3%
|
410
-1%
|
421
+2%
|
419
0%
|
424
+1%
|
432
+2%
|
438
+1%
|
461
+5%
|
490
+6%
|
527
+7%
|
560
+6%
|
591
+6%
|
623
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(21)
|
(23)
|
(25)
|
(28)
|
(31)
|
(35)
|
(40)
|
(43)
|
(46)
|
(51)
|
(56)
|
(61)
|
(65)
|
(68)
|
(72)
|
(75)
|
(81)
|
(87)
|
(92)
|
(99)
|
(104)
|
(110)
|
(116)
|
(157)
|
(217)
|
(267)
|
(319)
|
(335)
|
(335)
|
(345)
|
(359)
|
(365)
|
(383)
|
(402)
|
(418)
|
(443)
|
(452)
|
(465)
|
(476)
|
(486)
|
(495)
|
|
Selling, General & Administrative |
(13)
|
(13)
|
(15)
|
(17)
|
(19)
|
(22)
|
(24)
|
(26)
|
(27)
|
(30)
|
(33)
|
(36)
|
(39)
|
(40)
|
(42)
|
(44)
|
(48)
|
(52)
|
(56)
|
(60)
|
(63)
|
(66)
|
(69)
|
(84)
|
(105)
|
(117)
|
(132)
|
(136)
|
(135)
|
(139)
|
(145)
|
(142)
|
(143)
|
(149)
|
(152)
|
(162)
|
(165)
|
(169)
|
(173)
|
(177)
|
(183)
|
|
Research & Development |
(7)
|
(8)
|
(8)
|
(9)
|
(11)
|
(12)
|
(14)
|
(15)
|
(17)
|
(18)
|
(19)
|
(21)
|
(22)
|
(24)
|
(26)
|
(26)
|
(27)
|
(29)
|
(31)
|
(33)
|
(35)
|
(38)
|
(41)
|
(56)
|
(78)
|
(98)
|
(117)
|
(124)
|
(125)
|
(129)
|
(137)
|
(144)
|
(157)
|
(167)
|
(176)
|
(187)
|
(193)
|
(201)
|
(210)
|
(216)
|
(219)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(18)
|
(35)
|
(52)
|
(70)
|
(76)
|
(76)
|
(77)
|
(78)
|
(79)
|
(83)
|
(87)
|
(91)
|
(94)
|
(95)
|
(94)
|
(93)
|
(93)
|
(93)
|
|
Operating Income |
12
N/A
|
14
+23%
|
16
+11%
|
17
+6%
|
17
+2%
|
19
+15%
|
22
+12%
|
24
+9%
|
26
+10%
|
32
+21%
|
37
+17%
|
39
+7%
|
41
+5%
|
44
+6%
|
48
+9%
|
52
+10%
|
54
+4%
|
59
+8%
|
64
+9%
|
70
+8%
|
78
+12%
|
85
+9%
|
91
+7%
|
100
+9%
|
109
+10%
|
109
+0%
|
101
-8%
|
93
-8%
|
80
-14%
|
65
-19%
|
61
-6%
|
55
-11%
|
41
-26%
|
30
-27%
|
19
-35%
|
18
-5%
|
38
+105%
|
62
+65%
|
84
+35%
|
105
+26%
|
128
+22%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(6)
|
(7)
|
(7)
|
(7)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
30
|
23
|
9
|
(28)
|
(42)
|
(41)
|
(34)
|
(29)
|
(26)
|
(27)
|
(29)
|
(35)
|
(40)
|
(44)
|
(47)
|
(48)
|
(48)
|
(46)
|
(42)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(11)
|
(61)
|
(73)
|
(85)
|
(86)
|
(43)
|
(47)
|
(49)
|
(57)
|
(63)
|
(80)
|
(74)
|
(64)
|
(56)
|
(29)
|
(24)
|
(18)
|
(14)
|
(12)
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
5
|
8
|
11
|
11
|
2
|
1
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
|
Pre-Tax Income |
5
N/A
|
7
+35%
|
9
+19%
|
10
+9%
|
16
+66%
|
19
+20%
|
21
+11%
|
23
+11%
|
26
+10%
|
30
+18%
|
36
+19%
|
38
+7%
|
40
+4%
|
43
+8%
|
47
+9%
|
52
+9%
|
52
+1%
|
57
+9%
|
62
+9%
|
66
+7%
|
76
+15%
|
107
+41%
|
109
+2%
|
60
-45%
|
43
-28%
|
(6)
N/A
|
(31)
-394%
|
5
N/A
|
4
-15%
|
(4)
N/A
|
(11)
-178%
|
(24)
-119%
|
(67)
-174%
|
(79)
-18%
|
(85)
-8%
|
(82)
+3%
|
(38)
+54%
|
(10)
+73%
|
18
N/A
|
45
+152%
|
75
+66%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4)
|
(5)
|
(6)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(11)
|
(13)
|
(13)
|
(14)
|
(11)
|
(6)
|
(6)
|
(5)
|
(1)
|
(0)
|
1
|
(2)
|
(13)
|
(19)
|
(7)
|
(4)
|
6
|
11
|
(2)
|
5
|
8
|
12
|
18
|
23
|
23
|
23
|
23
|
12
|
2
|
(5)
|
(16)
|
(19)
|
|
Income from Continuing Operations |
1
|
2
|
3
|
4
|
10
|
12
|
14
|
15
|
17
|
20
|
24
|
25
|
26
|
32
|
41
|
46
|
48
|
56
|
62
|
67
|
74
|
93
|
90
|
53
|
40
|
(0)
|
(20)
|
3
|
9
|
5
|
1
|
(6)
|
(44)
|
(55)
|
(62)
|
(59)
|
(26)
|
(8)
|
13
|
29
|
56
|
|
Net Income (Common) |
(7)
N/A
|
(4)
+49%
|
(1)
+72%
|
1
N/A
|
12
+764%
|
13
+8%
|
14
+8%
|
15
+8%
|
17
+8%
|
20
+19%
|
24
+19%
|
25
+8%
|
26
+4%
|
32
+22%
|
41
+27%
|
46
+11%
|
47
+4%
|
56
+18%
|
62
+10%
|
67
+8%
|
74
+11%
|
93
+26%
|
90
-3%
|
53
-41%
|
40
-25%
|
(0)
N/A
|
(20)
-6 500%
|
3
N/A
|
9
+167%
|
5
-49%
|
1
-82%
|
(6)
N/A
|
(44)
-638%
|
(55)
-25%
|
(62)
-13%
|
(59)
+5%
|
(26)
+56%
|
(8)
+68%
|
13
N/A
|
29
+126%
|
56
+91%
|
|
EPS (Diluted) |
-0.15
N/A
|
-0.08
+47%
|
-0.01
+88%
|
0.02
N/A
|
0.23
+1 050%
|
0.23
N/A
|
0.26
+13%
|
0.25
-4%
|
0.28
+12%
|
0.34
+21%
|
0.4
+18%
|
0.43
+7%
|
0.44
+2%
|
0.54
+23%
|
0.67
+24%
|
0.74
+10%
|
0.77
+4%
|
0.89
+16%
|
0.98
+10%
|
1.06
+8%
|
1.17
+10%
|
1.47
+26%
|
1.37
-7%
|
0.75
-45%
|
0.58
-23%
|
0
N/A
|
-0.27
N/A
|
0.05
N/A
|
0.12
+140%
|
0.06
-50%
|
0.01
-83%
|
-0.07
N/A
|
-0.53
-657%
|
-0.66
-25%
|
-0.74
-12%
|
-0.7
+5%
|
-0.31
+56%
|
-0.1
+68%
|
0.15
N/A
|
0.34
+127%
|
0.64
+88%
|