Welcome to our dedicated page for Healthequity news (Ticker: HQY), a resource for investors and traders seeking the latest updates and insights on Healthequity stock.
HealthEquity, Inc. (NASDAQ: HQY) is widely described in its disclosures as the nation’s largest health savings account (HSA) custodian by number of accounts and a leader in administering HSAs and complementary consumer-directed benefits. This news page aggregates press releases and other coverage related to HealthEquity’s operations, financial performance, technology initiatives, research, and community activities.
Visitors to this page can review HealthEquity news on quarterly and annual financial results, including updates on service, custodial, and interchange revenue, as well as trends in HSA assets, total accounts, and client-held funds. Earnings releases often discuss non-GAAP metrics such as Adjusted EBITDA and non-GAAP net income, along with commentary from management on business performance and outlook.
HealthEquity news also highlights product and technology developments. Recent announcements include the deployment of agentic AI in partnership with Parloa to deliver conversational, omnichannel member support, the launch of Expedited Claims AI and HSAnswers, and the introduction of the HealthEquity Assist™ suite, which includes Analyzer™, Navigator™, and Momentum™. Additional news covers consumer-focused initiatives such as the GLP-1 telehealth offering for weight management and the direct HSA enrollment platform available through the company’s mobile and web channels.
Other releases feature research such as the Healthcare Affordability Pulse survey, which examines generational differences in HSA adoption, financial preparedness, and workplace financial stress, as well as updates from the HealthEquity Community Foundation on grants to nonprofit organizations focused on health, mental health, financial literacy, and basic needs. Investors and observers can use this page to follow HealthEquity’s disclosures on strategy, risk factors, partner ecosystem, and community impact over time.
HealthEquity (NASDAQ: HQY), the largest HSA and consumer-directed benefits administrator in the US, has announced two strategic executive appointments to capitalize on significant market expansion opportunities. Mukund Ramachandran joins as Chief Marketing Officer from Mastercard, while Garett Kitch becomes SVP of Client Sales & Relationship Management from EverQuote.
The appointments coincide with the largest HSA eligibility expansion in 20 years, which will allow Direct Primary Care arrangements, telehealth services, and Bronze/Catastrophic ACA plans to be coupled with HSAs starting January 2026. This expansion opens up opportunities with over 7M people currently enrolled in bronze plans, of which approximately 90% were previously HSA-ineligible.
The company continues advancing its AI-powered solutions, including automated claims processing, with its Member First Secure Mobile Experience reaching 1.7M downloads.
HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, reported strong Q2 FY26 financial results. Revenue reached $325.8 million, up 9% year-over-year, while net income surged 67% to $59.9 million. The company achieved record gross margin of 71% and Adjusted EBITDA of $151.1 million, representing 46% of revenue.
Key metrics include 10.0 million HSAs (up 6% YoY) and Total HSA Assets of $33.1 billion (up 12% YoY). The company repurchased 0.7 million shares for $66.0 million. For FY26, HealthEquity projects revenue between $1.290-1.310 billion and Adjusted EBITDA of $540-560 million.
HealthEquity (Nasdaq: HQY), the largest HSA and consumer-directed benefits administrator in the US, has received multiple prestigious awards for its AI-powered educational tool HSAnswers. Launched in October 2024, the tool has won the 2025 AI Breakthrough Award for Informational Bot Solution of the Year and two Globee Silver Awards.
HSAnswers leverages over 500 educational resources and 20 years of industry expertise to provide instant, personalized answers about HSAs and other consumer-directed benefits. The tool addresses a critical market need, as 73% of employees seek improved benefits education. Available freely at healthequity.com/hsanswers, the platform has already facilitated hundreds of thousands of conversations since launch.
HealthEquity Community Foundation (NASDAQ:HQY) has announced a new round of charitable grants totaling $50,000 distributed among 20 nonprofit organizations nationwide. The foundation's funding focuses on four key areas: health and medicine, mental health and crisis support, financial education and literacy, and basic human needs.
The foundation is undergoing a leadership transition, with Stephanie Larsen set to replace retiring president Dale Miller later this year. Notably, the foundation has increased its support for mental health initiatives by 50% since its first funding round. The next grant cycle is currently open through September 30, 2025.
HealthEquity (NASDAQ:HQY) Community Foundation has announced a $50,000 grant distribution to 20 nonprofit organizations nationwide. The funding supports organizations focused on health and medicine, mental health, financial literacy, and basic human needs, with a notable 50% increase in mental health initiative support since the first funding round.
The foundation also announced a leadership transition, with Stephanie Larsen set to succeed Dale Miller as president later this year. The next grant cycle is open through September 30, 2025, accepting applications from eligible 501(c)(3) organizations.
HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, has scheduled its fiscal 2026 second quarter earnings release for September 2, 2025, after market close. The company will host a conference call at 4:30 PM ET the same day to discuss the results.
Additionally, HealthEquity's management team will participate in five major healthcare and fintech investor conferences in September 2025, including the Wells Fargo Healthcare Conference, Jefferies Fintech Conference, Morgan Stanley Global Healthcare Conference, Baird Global Healthcare Conference, and Deutsche Bank's Healthcare Summit. These events will take place between September 3-10, 2025, across various locations in New York and Boston.
HealthEquity (NASDAQ: HQY), the largest HSA custodian in the US, has scheduled its first quarter fiscal 2026 earnings release for June 3, 2025, after market close. The company will host a conference call at 4:30 p.m. Eastern Time on the same day to discuss the results.
Additionally, HealthEquity's management team will participate in four upcoming investor conferences in May and June 2025:
- BofA Securities Health Care Conference (May 14, Las Vegas)
- RBC Global Healthcare Conference (May 20, New York)
- Goldman Sachs Global Healthcare Conference (June 9, Miami Beach)
- RBC Financial Technology Conference (June 10, New York)
HealthEquity, the nation's largest HSA administrator, has been named to USA Today's Top 25 Workplaces for 2025, ranking 23rd among companies with over 2,500 employees. This marks their fourth consecutive year on the prestigious list and positions them as the only healthcare benefits company in the Top 25.
The company stands out for its remote-first approach, enabling 90% of employees to work from home while maintaining access to their Utah headquarters. Key employee benefits include:
- Adventure accounts and wellness programs with stipends
- Mental health support through Spring Health
- Unlimited PTO program ("MyTime") for salaried staff
- 13 paid holidays
- Tuition reimbursement and commuter benefits
The recognition is based on independent employee feedback measuring workplace culture aspects like alignment, execution, and connection. The 2025 survey included responses from 2,251 companies, highlighting HealthEquity's commitment to fostering a flexible, inclusive work environment.