---
schema_version: "secwatch.filing_event.v1"
accession: "0001428336-25-000002"
form_type: "8-K"
ticker: "HQY"
cik: "0001428336"
company_name: "HEALTHEQUITY, INC."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:05:14.932958+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HealthEquity reports record HSA sales: 9.8M HSAs, $31B assets, nearly 1M new HSAs

## Summary
- Estimated HSAs 9.8M as of Jan 31, 2025, up from 8.7M a year ago (12.6% growth).
- HSA Assets ~$31B vs $25.2B in FY2024, with ~$17B in HSA Cash; invested balances subject to market fluctuation.
- Total Accounts ~17M, up from 15.7M (8.3% growth).
- Record New HSAs from Sales of nearly 1M, driven by over 200 Network Partners (health/retirement plan partners, brokers, advisors).
- CEO Scott Cutler cites strong new logo growth; positioned for continued growth in FY26.

## SEC filing metadata
- accession: 0001428336-25-000002
- form_type: 8-K
- ticker: HQY
- cik: 0001428336
- company_name: HEALTHEQUITY, INC.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428336/000142833625000002/0001428336-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428336/000142833625000002/hqy-20250113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428336-25-000002
- JSON: https://secwatch.observer/filing/0001428336-25-000002.json
- Plain text: https://secwatch.observer/filing/0001428336-25-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.