HealthEquity (FRA:2HE) Total Operating Expense: €511 Mil (TTM As of Apr. 2026)


FRA:2HE HealthEquity Inc FRA:2HE
91 GF Score
Price €84.00
GF Value €91.64
! 3 Warning Signs
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What is HealthEquity Total Operating Expense?

HealthEquity FRA:2HE +1.20% 91 Total Operating Expense is €511 Mil as of Apr. 2026. GuruFocus rates FRA:2HE with a GF Score™ of 91/100 and a GF Value™ of €91.64. The stock has 3 warning signs investors should review.

HealthEquity's Total Operating Expense for the three months ended in Apr. 2026 was €130 Mil. HealthEquity's Total Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 was €511 Mil.

HealthEquity Total Operating Expense Related Terms

HealthEquity Total Operating Expense Historical Data

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The historical data trend for HealthEquity's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HealthEquity Total Operating Expense Chart

HealthEquity Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.63 421.57 453.95 554.86 498.38

HealthEquity Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.56 121.45 127.31 132.55 130.17
FRA:2HE
91GF Score
HealthEquity Inc FRA:2HE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HealthEquity Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €511 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €511 Mil mean?
HealthEquity (FRA:2HE) has a Total Operating Expense of €511 Mil as of Apr. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on HealthEquity and its competitors.
Is HealthEquity's Total Operating Expense too high?
HealthEquity's current Total Operating Expense is €511 Mil. Overall, HealthEquity has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does HealthEquity's Total Operating Expense compare to HNGE and TEM?
HealthEquity's Total Operating Expense of €511 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Healthcare Providers & Services company?
A good Total Operating Expense depends on the Healthcare Providers & Services industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on HealthEquity and its competitors. HealthEquity's current Total Operating Expense is €511 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthEquity stock overvalued right now?
HealthEquity (FRA:2HE) has a current Total Operating Expense of €511 Mil. The stock's GF Value™ is €91.64, compared to a current price of €84.00 — trading 8.3% below its estimated fair value. The current Total Operating Expense is €511 Mil. HealthEquity's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For HealthEquity (FRA:2HE), the current Total Operating Expense is €511 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HealthEquity (FRA:2HE) Overvalued in 2026?

Based on GuruFocus' analysis, HealthEquity stock appears to be undervalued. The current stock price of €84.00 is trading 8.3% below its estimated GF Value™ of €91.64.

Key valuation signals for FRA:2HE:

  • Total Operating Expense: €511 Mil
  • GF Value™: €91.64 vs. price of €84.00 (8.3% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the FRA:2HE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HealthEquity Business Description

Other Exchanges HQY:USA
Address 15 West Scenic Pointe Drive, Suite 100, Draper, UT, USA, 84020
HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. It provides payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice to grow their tax-advantaged healthcare savings. It manages consumers' tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and administers Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It also provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.
91GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.00
Price
€91.64
GF Value