Healthequity Inc Stock Price, News & Analysis

HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, reported strong Q2 FY26 financial results. Revenue reached $325.8 million, up 9% year-over-year, while net income surged 67% to $59.9 million. The company achieved record gross margin of 71% and Adjusted EBITDA of $151.1 million, representing 46% of revenue.

Key metrics include 10.0 million HSAs (up 6% YoY) and Total HSA Assets of $33.1 billion (up 12% YoY). The company repurchased 0.7 million shares for $66.0 million. For FY26, HealthEquity projects revenue between $1.290-1.310 billion and Adjusted EBITDA of $540-560 million.

HealthEquity (Nasdaq: HQY), the largest HSA and consumer-directed benefits administrator in the US, has received multiple prestigious awards for its AI-powered educational tool HSAnswers. Launched in October 2024, the tool has won the 2025 AI Breakthrough Award for Informational Bot Solution of the Year and two Globee Silver Awards.

HSAnswers leverages over 500 educational resources and 20 years of industry expertise to provide instant, personalized answers about HSAs and other consumer-directed benefits. The tool addresses a critical market need, as 73% of employees seek improved benefits education. Available freely at healthequity.com/hsanswers, the platform has already facilitated hundreds of thousands of conversations since launch.

HealthEquity Community Foundation (NASDAQ:HQY) has announced a new round of charitable grants totaling $50,000 distributed among 20 nonprofit organizations nationwide. The foundation's funding focuses on four key areas: health and medicine, mental health and crisis support, financial education and literacy, and basic human needs.

The foundation is undergoing a leadership transition, with Stephanie Larsen set to replace retiring president Dale Miller later this year. Notably, the foundation has increased its support for mental health initiatives by 50% since its first funding round. The next grant cycle is currently open through September 30, 2025.

HealthEquity (NASDAQ:HQY) Community Foundation has announced a $50,000 grant distribution to 20 nonprofit organizations nationwide. The funding supports organizations focused on health and medicine, mental health, financial literacy, and basic human needs, with a notable 50% increase in mental health initiative support since the first funding round.

The foundation also announced a leadership transition, with Stephanie Larsen set to succeed Dale Miller as president later this year. The next grant cycle is open through September 30, 2025, accepting applications from eligible 501(c)(3) organizations.

HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, has scheduled its fiscal 2026 second quarter earnings release for September 2, 2025, after market close. The company will host a conference call at 4:30 PM ET the same day to discuss the results.

Additionally, HealthEquity's management team will participate in five major healthcare and fintech investor conferences in September 2025, including the Wells Fargo Healthcare Conference, Jefferies Fintech Conference, Morgan Stanley Global Healthcare Conference, Baird Global Healthcare Conference, and Deutsche Bank's Healthcare Summit. These events will take place between September 3-10, 2025, across various locations in New York and Boston.

HealthEquity (HQY) reported strong Q1 FY26 financial results with revenue reaching $330.8M, up 15% YoY. Net income surged 87% to $53.9M ($0.61 per share), while non-GAAP net income grew 22% to $85.8M ($0.97 per share). The company demonstrated robust operational metrics with 9.9M HSAs (up 9% YoY) and Total HSA Assets of $31.3B (up 15% YoY). During Q1, HQY repurchased 0.7M shares for $60.3M. For FY26, management raised guidance, projecting revenue of $1.285-1.305B and Adjusted EBITDA of $530-550M. The company enhanced its mobile experience for member security and resource access while managing $31B in HSA assets.

The HealthEquity Community Foundation has announced its second round of community grants, distributing $35,000 across 14 nonprofit organizations. Each selected organization will receive a $2,500 grant to support work in core areas including health and medicine, financial education and literacy, mental health and crisis support, and basic human needs. Notable among the recipients is Ronald McDonald House Charities of Kentuckiana, where the grant will provide 18 nights of lodging for families with children receiving medical care. The Foundation's next grant application cycle will open on August 1, 2025, accepting applications from eligible 501(c)(3) charitable organizations through their website.

HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, has scheduled its first quarter fiscal 2026 earnings release for June 3, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern Time on the same day to discuss the results.

Additionally, HealthEquity's management team will participate in four upcoming investor conferences in May and June 2025:

• BofA Securities Health Care Conference (May 14, Las Vegas)
• RBC Global Healthcare Conference (May 20, New York)
• Goldman Sachs Global Healthcare Conference (June 9, Miami Beach)
• RBC Financial Technology Conference (June 10, New York)

HealthEquity, the nation's largest HSA administrator, has been named to USA Today's Top 25 Workplaces for 2025, ranking 23rd among companies with over 2,500 employees. This marks their fourth consecutive year on the prestigious list and positions them as the only healthcare benefits company in the Top 25.

The company stands out for its remote-first approach, enabling 90% of employees to work from home while maintaining access to their Utah headquarters. Key employee benefits include:

• Adventure accounts and wellness programs with stipends
• Mental health support through Spring Health
• Unlimited PTO program ("MyTime") for salaried staff
• 13 paid holidays
• Tuition reimbursement and commuter benefits

The recognition is based on independent employee feedback measuring workplace culture aspects like alignment, execution, and connection. The 2025 survey included responses from 2,251 companies, highlighting HealthEquity's commitment to fostering a flexible, inclusive work environment.