HQY HEALTHEQUITY, INC.
FY2026 10-K
HEALTHEQUITY, INC. (HQY) filed its fiscal year 2026 10-K annual report with the SEC on Mar 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2026 10-K
Business Overview
- • Core business: Technology-enabled administration of tax-advantaged health savings accounts (HSAs) and complementary consumer-directed benefits (CDBs) for employers
- • New acquisition: BenefitWallet HSA portfolio with 616,000 HSAs and $2.7 billion in assets acquired for $425 million in fiscal 2025
Management Discussion & Analysis
- • Cash and cash equivalents $318.9M as of Jan 31, 2026, up from $295.9M as of Jan 31, 2025
- • Liquidity sources include cash balances, custodial/service/interchange collections, Revolving Credit Facility availability
Risk Factors
- • Regulatory risk: Compliance with July 2025 "One Big Beautiful Bill Act" expanding HSA availability to Bronze and Catastrophic plans with uncertain impact on business
- • Macroeconomic risk: Interest rate fluctuations affect custodial revenue; uses Treasury bond forwards to hedge but still exposed to prevailing government-driven rates
Financial SummaryXBRL
Revenue
$1.3B
Net Income
$215M
Gross Margin
69.5%
Operating Margin
24.6%
Net Margin
16.4%
ROE
10.2%
Total Assets
$3.4B
EPS (Diluted)
$2.46
Operating Cash Flow
$457M
Source: XBRL data from HEALTHEQUITY, INC. FY2026 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on HEALTHEQUITY, INC.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.