In Q1 FY2027 (ended April 30, 2026), HealthEquity reported revenue of $354.6M, up 7.2% year-over-year. Net income rose 28.8% to $69.4M, and diluted EPS increased 34.4% to $0.82. Operating income grew 23.9% to $103.0M. The company held $265.4M in cash, $2.05B in equity, and $942.7M in long-term debt.
•Revenue increased 7.2% YoY to $354.6M.
•Net income rose 28.8% to $69.4M; diluted EPS up 34.4% to $0.82.
•Operating income grew 23.9% to $103.0M.
•Cash and equivalents of $265.4M; long-term debt of $942.7M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
HealthEquity provides technology-enabled services platforms to consumers and employers in the United States. It offers health savings accounts (HAS). Its portfolio also includes investment platform, and online-only automated investment advisory services through Advisor, a Web-based tool
Flexible spending accounts (FSA) for health and dependent care. Its portfolio also includes health reimbursement arrangements, and Consolidated Omnibus Budget Reconciliation Act continuation services
Administers pre-tax commuter benefit programs. Additionally, it offers HSA and FSA members with access to certain healthcare products, programs, and services through its marketplace.
The company serves clients through a direct sales force; and brokers and advisors, a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. HealthEquity, Inc. was incorporated in 2002 and is based in Draper, Utah.
HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company specializes in health savings accounts (HSAs), which allow individuals to save pre-tax money for medical expenses. Its portfolio also includes an investment platform and online-only automated investment advisory services through a Web-based tool called Advisor. Additionally, HealthEquity offers flexible spending accounts (FSAs) for health and dependent care, health reimbursement arrangements, and Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation services. The company administers pre-tax commuter benefit programs and provides HSA and FSA members access to certain healthcare products, programs, and services through its marketplace.
Where is HealthEquity (HQY) listed and in which currency?
HealthEquity, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol HQY. The company's shares are traded in U.S. dollars (USD), reflecting its primary listing in the United States. As a Nasdaq-listed company, HealthEquity is subject to the exchange's listing standards and reporting requirements. Investors can buy and sell HQY shares through brokerage accounts that trade on the Nasdaq exchange. The company's financial reports are also denominated in USD, making it straightforward for U.S.-based investors to evaluate its performance.
What sector and industry does HealthEquity (HQY) operate in?
HealthEquity operates in the Healthcare sector, specifically within the Health Information Services industry. This classification reflects the company's focus on providing technology-enabled platforms that manage health-related financial accounts and information. As a health information services provider, HealthEquity combines healthcare and financial technology to offer solutions like HSAs, FSAs, and other benefit accounts. The company's services help consumers and employers manage healthcare spending and savings efficiently. Being in the Health Information Services industry places HealthEquity at the intersection of healthcare administration and financial services, leveraging data and technology to streamline benefits management.
Where is HealthEquity (HQY) headquartered and what markets does it serve?
HealthEquity, Inc. is headquartered in Draper, Utah, United States. The company was incorporated in 2002 and has since focused exclusively on the U.S. market. Its services are designed for American consumers and employers, addressing the complexities of the U.S. healthcare system. HealthEquity serves clients through a direct sales force as well as a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. While the company primarily operates in the United States, its technology platforms enable it to serve a broad range of employers and individuals across the country, from small businesses to large corporations.
How does HealthEquity (HQY) generate revenue?
HealthEquity generates revenue primarily through its technology-enabled services platforms that administer health savings accounts (HSAs), flexible spending accounts (FSAs), health reimbursement arrangements, and COBRA continuation services. The company earns fees from account administration, including monthly maintenance fees, transaction fees, and investment management fees from HSA investment accounts. Additionally, HealthEquity offers an online-only automated investment advisory service through Advisor, which likely generates advisory fees. The company also provides a marketplace where HSA and FSA members can access certain healthcare products and services, potentially earning referral or transaction fees. By serving both consumers and employers, HealthEquity creates a recurring revenue stream from account servicing and value-added services.