---
schema_version: "secwatch.filing_event.v1"
accession: "0001428336-25-000021"
form_type: "8-K"
ticker: "HQY"
cik: "0001428336"
company_name: "HEALTHEQUITY, INC."
filed_at: "2025-06-03T23:59:59+00:00"
generated_at: "2026-05-20T01:17:22.984332+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HealthEquity Q1 revenue $330.8M (+15% YoY), net income up 87%, raises FY2026 guidance

## Summary
- Revenue $330.8M (+15% YoY); net income $53.9M ($0.61 diluted EPS), +87% vs $28.8M.
- Non-GAAP net income $85.8M ($0.97 diluted EPS), +22%; Adjusted EBITDA $140.2M (42% margin), +19%.
- HSAs 9.9M (+9% YoY); total HSA Assets $31.3B (+15%); total accounts 17.1M (+7%).
- Repurchased 0.7M shares for $60.3M; $117.5M remaining under buyback program.
- FY2026 outlook raised: revenue $1.285-1.305B, Adj. EBITDA $530-550M, non-GAAP EPS $3.61-3.78.

## SEC filing metadata
- accession: 0001428336-25-000021
- form_type: 8-K
- ticker: HQY
- cik: 0001428336
- company_name: HEALTHEQUITY, INC.
- filed_at: 2025-06-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428336/000142833625000021/0001428336-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428336/000142833625000021/hqy-20250603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428336-25-000021
- JSON: https://secwatch.observer/filing/0001428336-25-000021.json
- Plain text: https://secwatch.observer/filing/0001428336-25-000021.txt

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