secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2025-03-18T23:59:59+00:00
Accession:  0001428336-25-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity FY25 revenue $1.2B (+20% YoY); net income up 74%; guides FY26 above consensus
--------------------------------------------------------------------------------

- FY25 revenue $1.20B (+20% YoY); net income $96.7M ($1.09 dilution) vs $55.7M; adjusted EBITDA $471.8M (+28%).
- Q4 revenue $311.8M (+19%); net income $26.4M (flat); adj. EBITDA $107.8M (+9%).
- HSAs grew 14% to 9.9M; total HSA assets $32.1B (+27%); acquired BenefitWallet portfolio for $425M.
- FY26 guidance: revenue $1.28-$1.305B, non-GAAP EPS $3.57-$3.74, adj. EBITDA $525M-$545M.
- Repurchased 1.4M shares for $122.2M; $177.8M remaining under buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000008/0001428336-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000008/hqy-20250318.htm
  HTML page:      https://secwatch.observer/filing/0001428336-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer