| Stage | HQY | % of rev | CWST | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $351M | 100.00% | $544M | 100.00% | CWST ×1.55 |
| Gross profit | $258M | 73.55% | $179M | 32.88% | HQY +40.7pp |
| Operating income | $99M | 28.14% | $20M | 3.67% | HQY +24.5pp |
| Pre-tax income | $88M | 25.05% | $3M | 0.62% | HQY +24.4pp |
| Net income | $66M | 18.72% | $4M | 0.69% | HQY +18.0pp |
| Stage | HQY | CWST | Gap · A − B |
|---|---|---|---|
| Revenue | $351M100.00% | $544M100.00% | CWST ×1.55 |
| Gross profit | 73.55%$258M | 32.88%$179M | HQY +40.7pp |
| Operating income | 28.14%$99M | 3.67%$20M | HQY +24.5pp |
| Pre-tax income | 25.05%$88M | 0.62%$3M | HQY +24.4pp |
| Net income |
| 18.72%$66M |
| 0.69%$4M |
| HQY +18.0pp |
No shared counterparties.