secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001428336-25-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000021/0001428336-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000021/hqy-20250603.htm
  HTML page:      https://secwatch.observer/filing/0001428336-25-000021

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