# HEALTHEQUITY, INC. (HQY) FY2027 Q2 P&L / Income Statement

- Company: HEALTHEQUITY, INC. (HQY)
- Period: 2026-05-01 to 2026-07-31
- Filing: Q2 FY2027 10-Q, filed 2026-08-27, accession number 0001428336-26-000041
- Page: https://plicit.ai/financials/hqy/fy2027-q2-income-statement
- Chart image: https://plicit.ai/charts/hqy-fy2027-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-05-01 through 2026-07-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 350,732,000 US dollars
- **Total cost of revenue**: 92,778,000 US dollars
- **Gross profit**: 257,954,000 US dollars
- **Total operating expenses**: 159,264,000 US dollars
- **Income from operations**: 98,690,000 US dollars
- **Total other expense**: negative 10,825,000 US dollars
- **Income before income taxes**: 87,865,000 US dollars
- **Income tax provision**: 22,221,000 US dollars
- **Net income**: 65,644,000 US dollars
- **Service revenue revenue**: 124,444,000 US dollars
- **Custodial revenue revenue**: 175,936,000 US dollars
- **Interchange revenue revenue**: 50,352,000 US dollars
- **Service revenue cost of revenue**: 73,170,000 US dollars
- **Custodial revenue cost of revenue**: 12,083,000 US dollars
- **Interchange revenue cost of revenue**: 7,525,000 US dollars
- **Sales and marketing**: 23,215,000 US dollars
- **Technology and development**: 73,923,000 US dollars
- **General and administrative**: 34,869,000 US dollars
- **Amortization of acquired intangible assets**: 26,286,000 US dollars
- **Merger integration**: 971,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.