HealthEquity reports record Q4 HSA sales; total HSAs up 7% to 10.6M

HEALTHEQUITY, INC.

Total HSAs: 10.6M as of Jan 31, 2026, +7% YoY; new HSAs from sales in Q4: 553K, +17% YoY.
HSA Assets grew 14% YoY to $36.5B; HSA investments up 26% to $18.5B.
Total Accounts (including CDBs): 17.8M, +4% YoY. Average daily HSA cash $17.1B.
Reaffirmed guidance for FY2026 and FY2027; expects FY2026 results near top end of ranges.
Earnings call set for March 17, 2026; management to present at Raymond James and Mizuho conferences.

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