Filing Flows › Healthequity (HQY) › Gross margin
Healthequity (HQY) gross margin by quarter
Healthequity's gross margin was 73.5% in Q2 FY27 (second quarter fiscal 2027), +1.3 pts from Q1 FY27. Over the last 7 quarters it ranged from 60.6% (Q4 FY25) to 73.5% (Q2 FY27).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 73.5% | +1.3 pts | +2.2 pts |
| Q1 FY27 | 72.3% | +4.1 pts | +4.5 pts |
| Q4 FY26 | 68.2% | -2.6 pts | +7.6 pts |
| Q3 FY26 | 70.8% | -0.6 pts | — |
| Q2 FY26 | 71.4% | +3.6 pts | — |
| Q1 FY26 | 67.8% | +7.2 pts | — |
| Q4 FY25 | 60.6% | — | — |
Q2 FY27 at a glance
Healthequity, Q2 FY27: revenue $351M (+8% year over year), operating margin 28.1%, net earnings $65.6M, operating cash flow $136M. The chart follows the revenue to costs, profit and cash.
Questions
What is Healthequity's gross margin?
Healthequity's gross margin was 73.5% in Q2 FY27 (second quarter fiscal 2027), +1.3 pts from Q1 FY27.
How has Healthequity's gross margin changed?
Over the last 7 quarters it ranged from 60.6% (Q4 FY25) to 73.5% (Q2 FY27).