HQY - NASDAQ

HealthEquity, Inc.

HQY·NASDAQ

$86.03

+0.82%

HealthcareMedical - Healthcare Information Services

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States. The company offers cloud-based platforms for individuals to make health saving and spending decisions, pay healthcare bills, compare treatment options and prices, receive personalized benefit and clinical information, earn wellness incentives, grow their savings, and make investment choices; and health savings accounts. It also provides mutual fund investment platform; and online-only automated investment advisory services through Advisor, a Web-based tool. In addition, the company offers flexible spending accounts; health reimbursement arrangements; and Consolidated Omnibus Budget Reconciliation Act continuation services, as well as administers pre-tax commuter benefit programs. It serves clients through a direct sales force; benefits brokers and advisors; and a network of health plans, benefits administrators, benefits brokers and consultants, and retirement plan record-keepers. The company was incorporated in 2002 and is headquartered in Draper, Utah.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$7.19B

EPS2.5000

P/E Ratio34.41

Earnings Date06/08/2026

3.43B

Assets

3Y+11.0%

5Y+27.0%

10Y+1130.0%

1.32B

Total Liabilities

-1%

3Y+11.0%

5Y-1.0%

10Y+7604.0%

2.11B

Total Equity

3Y+11.0%

5Y+53.0%

10Y+704.0%

HealthEquity, Inc. Funding & Solvency Profile

HQY · NASDAQ

Current Assets

Cash & Cash Equivalents318.93M

Net Receivables123.70M

Inventory0.00

Other Current Assets69.66M

Total Current Assets512 M

Non-Current Assets

Property, Plant & Equipment39.49M

Goodwill & Intangible Assets2.75B

Long-Term Investments3.29M

Other Non-Current Assets131.67M

Total Non-Current Assets174 M

Total Assets

3.43B

Financial Health Analysis

Current Ratio

3.27x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.63x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

355 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

15% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

HealthEquity, Inc. Balance Sheet

HQY • NASDAQ

HealthEquity, Inc. Balance Sheet	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	318.9M	295.9M	404M	254.3M	225.4M	328.8M	191.7M	361.5M	199.5M	140M	83.6M	111M	13.9M	5.9M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	40.8M	40.4M	40.1M	0.0	0.0	0.0
Cash & Short-Term Investments	318.9M	295.9M	404M	254.3M	225.4M	328.8M	191.7M	361.5M	240.3M	180.4M	123.8M	111M	13.9M	5.9M
Net Receivables	123.7M	118M	104.9M	96.8M	87.4M	72.8M	70.9M	25.7M	21.6M	17M	14.3M	9.1M	5.7M	4.2M
Accounts Receivables	123.7M	118M	104.9M	96.8M	87.4M	72.8M	70.9M	25.7M	21.6M	17M	14.3M	9.1M	5.7M	4.2M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	215K	592K	620K	625K	391K	272K
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3M	663K	0.0
Other Current Assets	69.7M	63.8M	48.6M	31.8M	38.5M	58.6M	34.7M	7.5M	3.3M	2.9M	4.3M	1.8M	3.1M	5M
Total Current Assets	512.3M	477.7M	557.4M	382.9M	351.3M	460.2M	297.3M	394.7M	265.4M	200.8M	143M	124.7M	23.8M	15.3M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	39.5M	46.4M	54.4M	69.3M	87M	118.6M	116.7M	8.2M	7.8M	5.2M	3.5M	2.6M	2M	1.1M
Goodwill	1.6B	1.6B	1.6B	1.6B	1.6B	1.3B	1.3B	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M	4.7M
Intangible Assets	1.1B	1.2B	835.9M	936.4M	973.1M	767M	783.3M	79.7M	83.6M	65M	66.8M	26.5M	24.7M	24.4M
Goodwill & Intangible Assets	2.7B	2.9B	2.5B	2.6B	2.6B	2.1B	2.1B	84.3M	88.3M	69.7M	71.5M	31.2M	29.3M	29M
Long-Term Investments	3.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	706K	760K	-2.6M	281K	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	18K	1.7M	5.5M	1.6M	0.0	0.0	0.0	0.0
Other Non-Current Assets	131.7M	71.6M	67.9M	52.2M	49.8M	37.4M	35.1M	21.1M	1.5M	1.1M	1.8M	-1.8M	0.0	-30.2M
Total Non-Current Assets	2.9B	3B	2.6B	2.7B	2.8B	2.3B	2.3B	115.3M	103.8M	78.3M	76.7M	34.1M	31.3M	30.2M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	807K
Total Assets	3.4B	3.4B	3.2B	3.1B	3.1B	2.7B	2.6B	510M	369.2M	279.1M	219.8M	158.8M	55.1M	46.3M
LIABILITIES
CURRENT LIABILITIES
Total Payables	12.2M	14.4M	12M	13.9M	27.5M	1.6M	4M	3.5M	2.4M	3.2M	2.4M	1.3M	2.4M	953K
Accounts Payable	12.2M	14.4M	12M	13.9M	27.5M	1.6M	4M	3.5M	2.4M	3.2M	2.4M	1.3M	2.4M	876K
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	77K
Accrued Expenses	0.0	62.6M	46M	43.7M	57.6M	75.9M	46.4M	8.6M	5.5M	3.8M	1.9M	2.2M	2.9M	2.8M
Short Term Debt	9.9M	0.0	0.0	17.5M	8.8M	62.5M	39.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations (Current)	0.0	10M	9.4M	10.2M	12.2M	14M	12.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	134.8M	69.3M	49.6M	45.8M	47.1M	50.7M	50.1M	17M	12.5M	8.7M	7.8M	5.3M	4.1M	4.6M
Total Current Liabilities	156.9M	156.3M	117.1M	131.1M	153.2M	204.7M	151.9M	29.1M	20.5M	15.7M	12.1M	8.8M	9.4M	8.3M
NON-CURRENT LIABILITIES
Long Term Debt	957.4M	1.1B	875M	907.8M	922.1M	924.2M	1.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	145.4M	55.8M	68.7M	82.7M	99.8M	119.7M	130.5M	916K	0.0	37K	4M	5.4M	5.1M	0.0
Other Non-Current Liabilities	31M	23M	19.3M	12.7M	14.2M	8.8M	2.6M	3M	2.4M	1.5M	236K	488K	6.6M	0.0
Total Non-Current Liabilities	1.2B	1.2B	1B	1.1B	1.1B	1.1B	1.4B	3.9M	2.4M	1.5M	4.2M	5.8M	11.7M	0.0
Capital Lease Obligations	34.2M	52.2M	58.2M	69.1M	77.4M	88.3M	80.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1.3B	1.3B	1.1B	1.2B	1.3B	1.3B	1.5B	32.9M	22.9M	17.2M	16.3M	14.7M	21.1M	8.3M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	54.8M	51M
Common Stock	8K	9K	9K	8K	8K	8K	7K	6K	6K	6K	6K	5K	1K	1K
Additional Paid-In Capital	1.9B	1.9B	1.8B	1.7B	1.7B	1.2B	818.8M	305.2M	261.2M	232.1M	199.9M	157.1M	0.0	0.0
Retained Earnings	195.9M	209.3M	205.6M	149.9M	176.1M	220.3M	211.5M	171.9M	85.3M	30M	3.6M	-13M	-23.2M	-19.1M
Accumulated Other Comprehensive Income/Loss	-5.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-269K	-165K	-98K	0.0	0.0	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3M	3.7M
Total Stockholders' Equity	2.1B	2.1B	2B	1.9B	1.9B	1.4B	1B	477.1M	346.3M	261.9M	203.5M	144.1M	34M	35.6M
Total Equity	2.1B	2.1B	2B	1.9B	1.9B	1.4B	1B	477.1M	346.3M	261.9M	203.5M	144.1M	34M	35.6M
SUMMARY
Total Liabilities & Equity	3.4B	3.4B	3.2B	3.1B	3.1B	2.7B	2.6B	510M	369.2M	279.1M	219.8M	158.8M	55.1M	0.0
Total Investments	3.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	41.5M	41.2M	40.1M	281K	0.0	0.0
Total Debt	1B	1.1B	933.1M	994.5M	1B	1.1B	1.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Debt	682.6M	812.6M	529.2M	740.2M	782.8M	746.2M	1.1B	-361.5M	-199.5M	-140M	-83.6M	-111M	-13.9M	-5.9M
Shares Outstanding	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240	86,770,240

SEC Filings

HQY - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q2 Q2	May 28, 2026	April 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 28, 2026	May 28, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	May 13, 2026	January 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 08, 2026	May 05, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 06, 2026	April 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 26, 2026	2026	View Filing
10-K 10-K 2026 FY FY	March 17, 2026	January 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 17, 2026	March 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 12, 2026	January 12, 2026	2026	View Filing

Showing 1 to 10 of 225 filings

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