HealthEquity Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021	2020 - 2016
Revenue	1,200	999.59	861.75	756.56	733.57	Upgrade
Revenue Growth (YoY)	20.03%	16.00%	13.90%	3.13%	37.89%	Upgrade
Cost of Revenue	422.52	376.95	369.81	331.79	318.24	Upgrade
Gross Profit	777.26	622.64	491.94	424.77	415.33	Upgrade
Selling, General & Admin	223	182.93	166.32	144.04	134.46	Upgrade
Research & Development	239.51	218.81	193.38	157.36	124.81	Upgrade
Operating Expenses	574.39	494.5	454.28	384.2	335.33	Upgrade
Operating Income	202.87	128.13	37.65	40.57	80	Upgrade
Interest Expense	-60.63	-55.46	-48.42	-36.57	-34.88	Upgrade
Interest & Investment Income	13.91	12.14	1.76	1.5	1.05	Upgrade
Other Non Operating Income (Expenses)	0.42	0.66	-0.44	1.71	5.08	Upgrade
EBT Excluding Unusual Items	156.57	85.48	-9.45	7.2	51.25	Upgrade
Merger & Restructuring Charges	-40.54	-10.44	-28.65	-75.64	-47.11	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	1.69	-	Upgrade
Pretax Income	116.03	75.04	-38.1	-66.74	4.14	Upgrade
Income Tax Expense	19.33	19.33	-11.95	-22.45	-4.69	Upgrade
Net Income	96.7	55.71	-26.14	-44.29	8.83	Upgrade
Net Income to Common	96.7	55.71	-26.14	-44.29	8.83	Upgrade
Net Income Growth	73.58%	-	-	-	-77.73%	Upgrade
Shares Outstanding (Basic)	87	86	84	83	74	Upgrade
Shares Outstanding (Diluted)	89	87	84	83	76	Upgrade
Shares Change (YoY)	2.15%	2.98%	1.57%	9.85%	10.56%	Upgrade
EPS (Basic)	1.11	0.65	-0.31	-0.53	0.12	Upgrade
EPS (Diluted)	1.09	0.64	-0.31	-0.53	0.12	Upgrade
EPS Growth	70.31%	-	-	-	-79.48%	Upgrade
Free Cash Flow	337.77	241.13	147.28	132.09	168.53	Upgrade
Free Cash Flow Per Share	3.80	2.77	1.74	1.59	2.23	Upgrade
Gross Margin	64.78%	62.29%	57.09%	56.15%	56.62%	Upgrade
Operating Margin	16.91%	12.82%	4.37%	5.36%	10.91%	Upgrade
Profit Margin	8.06%	5.57%	-3.03%	-5.85%	1.20%	Upgrade
Free Cash Flow Margin	28.15%	24.12%	17.09%	17.46%	22.97%	Upgrade
EBITDA	365.32	281.21	198.85	177.76	195.91	Upgrade
EBITDA Margin	30.45%	28.13%	23.08%	23.49%	26.71%	Upgrade
D&A For EBITDA	162.45	153.08	161.2	137.19	115.9	Upgrade
EBIT	202.87	128.13	37.65	40.57	80	Upgrade
EBIT Margin	16.91%	12.82%	4.37%	5.36%	10.91%	Upgrade
Effective Tax Rate	16.66%	25.76%	-	-	-	Upgrade
Revenue as Reported	1,200	999.59	861.75	756.56	733.57	Upgrade

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q