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

- Company: HEALTHEQUITY, INC. (HQY)
- Period: 2026-02-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/hqy-fy2027-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-02-01 through 2026-07-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 705,373,000 US dollars
- **Total cost of revenue**: 191,107,000 US dollars
- **Gross profit**: 514,266,000 US dollars
- **Total operating expenses**: 312,623,000 US dollars
- **Income from operations**: 201,643,000 US dollars
- **Total other expense**: negative 21,365,000 US dollars
- **Income before income taxes**: 180,278,000 US dollars
- **Income tax provision**: 45,216,000 US dollars
- **Net income**: 135,062,000 US dollars
- **Service revenue revenue**: 247,376,000 US dollars
- **Custodial revenue revenue**: 350,270,000 US dollars
- **Interchange revenue revenue**: 107,727,000 US dollars
- **Service revenue cost of revenue**: 151,496,000 US dollars
- **Custodial revenue cost of revenue**: 23,738,000 US dollars
- **Interchange revenue cost of revenue**: 15,873,000 US dollars
- **Sales and marketing**: 50,048,000 US dollars
- **Technology and development**: 141,690,000 US dollars
- **General and administrative**: 66,000,000 US dollars
- **Amortization of acquired intangible assets**: 52,801,000 US dollars
- **Merger integration**: 2,084,000 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.