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Healthequity (HQY)
NASDAQ:HQY
Earnings Data
Report Date
Sep 09, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.92Last Year’s EPS
0.86Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 03, 2025
|% Change Since: 0.96%
|Next Earnings Date:Sep 09, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial growth and positive legislative developments, which could expand the market for HSAs significantly. While fraud prevention showed improvement, fraud costs remain a concern, and there is caution regarding economic conditions affecting new HSA sales. Overall, the positive aspects of growth and legislative progress outweigh the challenges of fraud costs and economic uncertainty.Company Guidance
In the recent earnings call for HealthEquity's first quarter of fiscal year 2026, the company highlighted several strong financial metrics and strategic initiatives. Revenue increased by 15% year-over-year, with adjusted EBITDA rising 19%. Health Savings Accounts (HSAs) grew by 9%, and Consumer-Directed Benefits (CDB) accounts increased by 4%, leading to a 7% increase in total accounts, reaching over 17 million. HSA assets saw a significant rise, up 15% to over $31 billion, with invested assets jumping 24% to $14.2 billion. HealthEquity also made strides in reducing fraud costs, which decreased from $11 million in Q4 to $3 million in Q1, and plans to further enhance security measures. The company anticipates continued growth through strategic enhancements, such as leveraging AI for claims processing and expanding mobile app features, alongside legislative efforts to expand HSA access and flexibility.Strong Year-over-Year Growth
Revenue increased 15%, adjusted EBITDA up 19%, HSAs grew 9%, CDB accounts grew 4%, driving total accounts up 7%, and HSA assets up 15%.
Positive Legislative Developments
Proposed budget bill provisions could expand HSA usage for 20 million more American families, including allowing working seniors eligible for Medicare Part A to contribute to HSAs.
Record Custodial Revenue
Custodial revenue grew 29% to a record $156.5 million in the first quarter.
Improved Fraud Prevention
Fraud service costs reduced from $11 million in Q4 to $3 million in Q1, with ongoing investments in security yielding positive results.
Increase in HSA Investment
The number of HSA members who invest grew by 16% year-over-year, driving invested assets up 24% to $14.2 billion.
Strong Cash Flow and Share Repurchase
Generated $65 million of cash flow from operations and repurchased approximately $60 million of outstanding shares.
HQY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HQY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 03, 2025 | $103.76 | $113.06 | +8.96% |
Mar 18, 2025 | $101.67 | $84.32 | -17.07% |
Dec 09, 2024 | $101.00 | $95.39 | -5.55% |
Sep 03, 2024 | $78.63 | $82.66 | +5.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Healthequity (HQY) report earnings?
Healthequity (HQY) is schdueled to report earning on Sep 09, 2025, TBA Not Confirmed.
What is Healthequity (HQY) earnings time?
Healthequity (HQY) earnings time is at Sep 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HQY EPS forecast?
HQY EPS forecast for the fiscal quarter 2026 (Q2) is 0.92.