secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001428336-25-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity Q3 revenue $322M (+7%); net income $0.59 EPS; FY2026 guidance reaffirmed
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- Revenue $322.2M, up 7% YoY; custodial $159.1M, service $120.3M, interchange $42.8M.
- GAAP net income $51.7M ($0.59 diluted EPS) vs $5.7M ($0.06) a year ago.
- Non-GAAP EPS $1.01 (up 29% YoY); Adjusted EBITDA $141.8M (+20%), margin 44% of revenue.
- Total HSA Assets $34.4B (+15%); HSAs 10.1M (+6%); client-held funds $0.8B.
- FY2026 outlook: revenue $1.302-1.312B, non-GAAP EPS $3.87-3.95, Adj. EBITDA $555-565M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000035/0001428336-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833625000035/hqy-20251203.htm
  HTML page:      https://secwatch.observer/filing/0001428336-25-000035

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