earnings
confidence high
sentiment positive
materiality 0.75
HealthEquity Q2 revenue +9% to $325.8M; net income up 67% to $0.68 EPS; record adjusted EBITDA margin 46%
HEALTHEQUITY, INC.
2026-Q2 EPS reported
$1.29
revenue$656,679,000
- Revenue $325.8M (+9% YoY); net income $59.9M ($0.68 diluted EPS) vs $35.8M ($0.40) in Q2 FY25.
- Non-GAAP net income $94.6M ($1.08 diluted EPS), up 24% from $76.3M ($0.86).
- Adjusted EBITDA $151.1M (+18% YoY), margin 46% vs 43% last year.
- Total HSA accounts 10.0M (+6% YoY, including 782K investment HSAs +10%); total HSA assets $33.1B (+12%).
- FY26 outlook: revenue $1.290B-$1.310B, adjusted EBITDA $540M-$560M, non-GAAP EPS $3.74-$3.91.
item 2.02item 9.01