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HEALTHEQUITY, INC.（HQY）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
HEALTHEQUITY, INC.的季度营收约是BRC Group Holdings, Inc.的1.7倍（$322.2M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 16.0%，领先31.9%），HEALTHEQUITY, INC.同比增速更快（7.2% vs -21.9%），过去两年HEALTHEQUITY, INC.的营收复合增速更高（10.8% vs -15.4%）
HealthEquity, Inc.是美国一家金融科技及商业服务企业，拥有美国国税局授予的非银行类健康储蓄受托人资质，无论用户资金存入哪家金融机构，该公司均可作为对应健康储蓄账户的托管方，提供专业账户管理服务。
HQY vs RILY — 直观对比
营收规模更大
HQY
是对方的1.7倍
$188.3M
营收增速更快
HQY
高出29.1%
-21.9%
净利率更高
RILY
高出31.9%
16.0%
两年增速更快
HQY
近两年复合增速
-15.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $322.2M | $188.3M |
| 净利润 | $51.7M | $90.3M |
| 毛利率 | 70.8% | 79.5% |
| 营业利润率 | 24.4% | 32.3% |
| 净利率 | 16.0% | 47.9% |
| 营收同比 | 7.2% | -21.9% |
| 净利润同比 | 806.4% | 1710.8% |
| 每股收益（稀释后） | $0.59 | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HQYRILY
| Q4 25 | $322.2M | $188.3M | ||
| Q3 25 | $325.8M | $215.3M | ||
| Q2 25 | $330.8M | $188.2M | ||
| Q1 25 | $311.8M | $197.2M | ||
| Q4 24 | $300.4M | $241.0M | ||
| Q3 24 | $299.9M | $225.5M | ||
| Q2 24 | $287.6M | $256.0M | ||
| Q1 24 | $262.4M | $263.4M |
净利润HQYRILY
| Q4 25 | $51.7M | $90.3M | ||
| Q3 25 | $59.9M | $91.1M | ||
| Q2 25 | $53.9M | $139.5M | ||
| Q1 25 | $26.4M | $-10.0M | ||
| Q4 24 | $5.7M | $-5.6M | ||
| Q3 24 | $35.8M | $-284.4M | ||
| Q2 24 | $28.8M | $-433.6M | ||
| Q1 24 | $26.4M | $-49.2M |
毛利率HQYRILY
| Q4 25 | 70.8% | 79.5% | ||
| Q3 25 | 71.4% | 83.7% | ||
| Q2 25 | 67.8% | 81.3% | ||
| Q1 25 | 60.6% | 81.4% | ||
| Q4 24 | 65.6% | 79.8% | ||
| Q3 24 | 68.0% | 82.1% | ||
| Q2 24 | 65.1% | 84.5% | ||
| Q1 24 | 63.1% | 85.3% |
营业利润率HQYRILY
| Q4 25 | 24.4% | 32.3% | ||
| Q3 25 | 27.5% | 30.4% | ||
| Q2 25 | 25.1% | 5.7% | ||
| Q1 25 | 13.5% | -31.2% | ||
| Q4 24 | 6.5% | -69.2% | ||
| Q3 24 | 19.6% | -36.4% | ||
| Q2 24 | 14.5% | -90.8% | ||
| Q1 24 | 14.8% | -6.1% |
净利率HQYRILY
| Q4 25 | 16.0% | 47.9% | ||
| Q3 25 | 18.4% | 42.3% | ||
| Q2 25 | 16.3% | 74.1% | ||
| Q1 25 | 8.5% | -5.1% | ||
| Q4 24 | 1.9% | -2.3% | ||
| Q3 24 | 11.9% | -126.1% | ||
| Q2 24 | 10.0% | -169.4% | ||
| Q1 24 | 10.0% | -18.7% |
每股收益（稀释后）HQYRILY
| Q4 25 | $0.59 | $2.78 | ||
| Q3 25 | $0.68 | $2.91 | ||
| Q2 25 | $0.61 | $4.50 | ||
| Q1 25 | $0.30 | $-0.39 | ||
| Q4 24 | $0.06 | $-0.01 | ||
| Q3 24 | $0.40 | $-9.39 | ||
| Q2 24 | $0.33 | $-14.35 | ||
| Q1 24 | $0.30 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $309.3M | $226.6M |
| 总债务越低越好 | $982.1M | $1.4B |
| 股东权益账面价值 | $2.1B | $-171.5M |
| 总资产 | $3.4B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资HQYRILY
| Q4 25 | $309.3M | $226.6M | ||
| Q3 25 | $304.5M | $184.2M | ||
| Q2 25 | $287.9M | $267.4M | ||
| Q1 25 | $295.9M | $138.3M | ||
| Q4 24 | $322.2M | $146.9M | ||
| Q3 24 | $326.9M | $159.2M | ||
| Q2 24 | $251.2M | $236.9M | ||
| Q1 24 | $404.0M | $190.7M |
总债务HQYRILY
| Q4 25 | $982.1M | $1.4B | ||
| Q3 25 | $1.0B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $925.7M | — | ||
| Q1 24 | $875.0M | — |
股东权益HQYRILY
| Q4 25 | $2.1B | $-171.5M | ||
| Q3 25 | $2.1B | $-260.5M | ||
| Q2 25 | $2.1B | $-351.7M | ||
| Q1 25 | $2.1B | $-496.8M | ||
| Q4 24 | $2.1B | $-488.2M | ||
| Q3 24 | $2.2B | $-497.6M | ||
| Q2 24 | $2.1B | $-218.3M | ||
| Q1 24 | $2.0B | $228.4M |
总资产HQYRILY
| Q4 25 | $3.4B | $1.7B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.4B | $1.5B | ||
| Q1 25 | $3.4B | $1.5B | ||
| Q4 24 | $3.5B | $1.8B | ||
| Q3 24 | $3.5B | $2.2B | ||
| Q2 24 | $3.2B | $3.2B | ||
| Q1 24 | $3.2B | $5.0B |
负债/权益比HQYRILY
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.44× | — | ||
| Q1 24 | 0.43× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $138.6M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $137.8M | — |
| 自由现金流率自由现金流/营收 | 42.8% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 2.68× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $413.0M | — |
8季度趋势，按日历期对齐
经营现金流HQYRILY
| Q4 25 | $138.6M | $26.2M | ||
| Q3 25 | $135.9M | $-60.6M | ||
| Q2 25 | $64.7M | $-25.6M | ||
| Q1 25 | $75.7M | $184.0K | ||
| Q4 24 | $90.5M | $-2.7M | ||
| Q3 24 | $108.1M | $19.5M | ||
| Q2 24 | $65.4M | $111.5M | ||
| Q1 24 | $77.1M | $135.4M |
自由现金流HQYRILY
| Q4 25 | $137.8M | — | ||
| Q3 25 | $135.1M | — | ||
| Q2 25 | $64.7M | — | ||
| Q1 25 | $75.4M | — | ||
| Q4 24 | $90.3M | — | ||
| Q3 24 | $107.4M | — | ||
| Q2 24 | $64.7M | — | ||
| Q1 24 | $76.5M | — |
自由现金流率HQYRILY
| Q4 25 | 42.8% | — | ||
| Q3 25 | 41.5% | — | ||
| Q2 25 | 19.5% | — | ||
| Q1 25 | 24.2% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 35.8% | — | ||
| Q2 24 | 22.5% | — | ||
| Q1 24 | 29.2% | — |
资本支出强度HQYRILY
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.2% | — |
现金转化率HQYRILY
| Q4 25 | 2.68× | 0.29× | ||
| Q3 25 | 2.27× | -0.66× | ||
| Q2 25 | 1.20× | -0.18× | ||
| Q1 25 | 2.87× | — | ||
| Q4 24 | 15.88× | — | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.27× | — | ||
| Q1 24 | 2.92× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HQY
| Financial Service Other | $159.1M | 49% |
| Services | $120.3M | 37% |
| Credit And Debit Card | $42.8M | 13% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
