HEALTHEQUITY, INC.
HQYNasdaq
$97.67
↓ -1.0%Jul 17 close · end-of-day
Price
1Y0.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$8.3B
Enterprise Value
$9.0B
P/E
36.6
P/S
6.2
P/B
4.1
EV/EBITDA
18.1
PEG
—
FCF Yield
5.9%
Dividend Yield
—
Revenue (TTM)
$1.3B
Net Income (TTM)
$230.7M
Free Cash Flow (TTM)
$487.6M
Gross Margin
70.7%
Operating Margin
25.6%
Net Margin
17.3%
ROE
11.3%
ROIC
9.7%
Debt / Equity
0.5
Net Cash
-$677.3M
Return 1Y
-2.5%
Company profile
HealthEquity, Inc. provides cloud-based platforms for individuals to make health saving and spending decisions. It also provides mutual fund investment platform; and online-only automated investment advisory services. The company was incorporated in 2002 and is headquartered in Draper, Utah.
- CEO
- Jon Kessler
- Sector
- Services
- Industry
- Business Services
- Employees
- 3,720
- Headquarters
- Utah
- Website
- healthequity.com
Management & directors
- Fiore Michael HenryEVP, CHIEF COMMERCIAL OFFICER
- Gathright MichaelChief Customer Officer
- Cutler ScottPresident and CEO
- Ladd DelanoEVP, General Counsel
- Lucania James MEVP & CFO
- Neeleman StephenFOUNDER AND VICE CHAIRMAN
- Rosner ElimelechEVP, CHIEF TECHNOLOGY OFFICER
Roles derived from SEC Form 4 filings.
Earnings
HQY Q1 2026 Earnings
Period ends 2026-04-30
MetricActualYoY
Revenue$354.6M↑ +7.2%
Diluted EPS$0.82↑ +34.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $733.6M | $756.6M | $861.7M | $999.6M | $1.2B | $1.3B |
| Gross profit | $415.3M | $424.8M | $491.9M | $622.6M | $777.3M | $913.1M |
| Operating income | $34.0M | -$24.2M | $9.1M | $117.7M | $162.3M | $322.5M |
| Net income | $8.8M | -$44.3M | -$26.1M | $55.7M | $96.7M | $215.2M |
| Diluted EPS | $0.12 | -$0.53 | -$0.31 | $0.64 | $1.09 | $2.46 |
| Operating cash flow | $181.6M | $141.0M | $150.7M | $242.8M | $339.9M | $457.1M |
| Free cash flow | $168.5M | $132.1M | $147.3M | $241.1M | $337.8M | $455.1M |
| Gross margin | 56.6% | 56.1% | 57.1% | 62.3% | 64.8% | 69.5% |
| Operating margin | 4.6% | -3.2% | 1.1% | 11.8% | 13.5% | 24.6% |
| Net margin | 1.2% | -5.9% | -3.0% | 5.6% | 8.1% | 16.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $299.9M | $300.4M | $311.8M | $330.8M | $325.8M | $322.2M | $334.6M | $354.6M |
| Gross profit | $204.1M | $197.0M | $189.0M | $224.3M | $232.6M | $228.1M | $228.1M | $256.3M |
| Operating income | $58.9M | $19.6M | $42.1M | $83.1M | $89.6M | $78.7M | $71.1M | $103.0M |
| Net income | $35.8M | $5.7M | $26.4M | $53.9M | $59.9M | $51.7M | $49.7M | $69.4M |
| Diluted EPS | $0.40 | $0.06 | $0.30 | $0.61 | $0.68 | $0.59 | $0.58 | $0.82 |
| Operating cash flow | $108.1M | $90.5M | $75.7M | $64.7M | $135.9M | $138.6M | $117.9M | $97.5M |
| Free cash flow | $107.4M | $90.3M | $75.4M | $64.7M | $135.1M | $137.8M | $117.6M | $97.2M |
| Gross margin | 68.0% | 65.6% | 60.6% | 67.8% | 71.4% | 70.8% | 68.2% | 72.3% |
| Operating margin | 19.6% | 6.5% | 13.5% | 25.1% | 27.5% | 24.4% | 21.2% | 29.0% |
| Net margin | 11.9% | 1.9% | 8.5% | 16.3% | 18.4% | 16.0% | 14.9% | 19.6% |
Company news
Jun 11, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-10 | Fiore Michael Henry· EVP, CHIEF COMMERCIAL OFFICER | Sale | 2,354 | $95.00 | $223,630.00 | filing |
| 2026-07-09 | Gathright Michael· Chief Customer Officer | Tax withholding | 2,270 | $93.07 | $211,260.05 | filing |
| 2026-07-08 | Lucania James M· EVP & CFO | Tax withholding | 2,839 | $95.08 | $269,940.92 | filing |
| 2026-07-08 | Fiore Michael Henry· EVP, CHIEF COMMERCIAL OFFICER | Tax withholding | 2,045 | $95.08 | $194,444.94 | filing |
| 2026-07-08 | Cutler Scott· President and CEO | Tax withholding | 1,238 | $95.08 | $117,712.88 | filing |
| 2026-07-08 | Neeleman Stephen· FOUNDER AND VICE CHAIRMAN | Tax withholding | 1,103 | $95.08 | $104,876.66 | filing |
| 2026-07-08 | Ladd Delano· EVP, General Counsel | Tax withholding | 1,087 | $95.08 | $103,355.33 | filing |
| 2026-07-02 | Fiore Michael Henry· EVP, CHIEF COMMERCIAL OFFICER | Sale | 2,470 | $95.00 | $234,650.00 | filing |
| 2026-06-25 | DILLON ADRIAN T | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | Gassen William | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | Natarajan Rajesh | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | McCowan Debra Charlotte | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | Parker Stuart B. | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | Wellborn Gayle Furgurson | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | Dilsaver Evelyn S | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-06-25 | SELANDER ROBERT W | Award | 2,877 | $0.00 | $0.00 | filing |
| 2026-05-29 | Fiore Michael Henry· EVP, CHIEF COMMERCIAL OFFICER | Sale | 3,142 | $95.00 | $298,490.00 | filing |
| 2026-05-28 | Ladd Delano· EVP, General Counsel | Sale | 7,500 | $90.00 | $675,000.00 | filing |
| 2026-05-28 | Wellborn Gayle Furgurson | Sale | 2,439 | $90.00 | $219,510.00 | filing |
| 2026-05-28 | Wellborn Gayle Furgurson | Option exercise | 2,439 | $47.21 | $115,145.19 | filing |
| 2026-04-06 | Cutler Scott· President and CEO | Tax withholding | 4,931 | $83.84 | $413,396.80 | filing |
| 2026-04-06 | Rosner Elimelech· EVP, CHIEF TECHNOLOGY OFFICER | Tax withholding | 4,768 | $83.84 | $399,731.48 | filing |
| 2026-04-06 | Lucania James M· EVP & CFO | Tax withholding | 4,393 | $83.84 | $368,292.87 | filing |
| 2026-04-06 | Fiore Michael Henry· EVP, CHIEF COMMERCIAL OFFICER | Tax withholding | 3,378 | $83.84 | $283,199.02 | filing |
| 2026-04-06 | Neeleman Stephen· FOUNDER AND VICE CHAIRMAN | Tax withholding | 2,559 | $83.84 | $214,537.09 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.