| Stage | V | % of rev | HQY | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $11.6B | 100.00% | $351M | 100.00% | V ×33.17 |
| Gross profit | $9.2B | 78.87% | $258M | 73.55% | V +5.3pp |
| Operating income | $6.9B | 59.12% | $99M | 28.14% | V +31.0pp |
| Pre-tax income | $6.8B | 58.74% | $88M | 25.05% | V +33.7pp |
| Net income | $5.6B | 48.38% | $66M | 18.72% | V +29.7pp |
| Stage | V | HQY | Gap · A − B |
|---|---|---|---|
| Revenue | $11.6B100.00% | $351M100.00% | V ×33.17 |
| Gross profit | 78.87%$9.2B | 73.55%$258M | V +5.3pp |
| Operating income | 59.12%$6.9B | 28.14%$99M | V +31.0pp |
| Pre-tax income | 58.74%$6.8B | 25.05%$88M | V +33.7pp |
| Net income | 48.38% |
| 18.72%$66M |
| V +29.7pp |
No shared counterparties.