HealthEquity

Finance · Utah, United States · 1K - 5K Employees

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Overview

Headquarters

15 W Scenic Pointe Dr Ste 100, Draper, U...

Phone Number

(801) 727-1000

Revenue

$1.3 Billion

Stock Symbol

HQY

Industry

Finance Business Services Securities Trading Project Management Accounting for Legal Practices
ZI Rank: 11
Signal Type
Mar
Apr
May
Jun
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Aug
ZI Rank
13
10
10
13
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11

About HealthEquity

HealthEquity, headquartered in Draper, Utah, and established in 2002, is a provider of a range of solutions for managing healthcare accounts. They specialize in bringing together technology and service to empower health savings while helping clients manage benefits costs.Explore more
HealthEquity's Social MediaPopular SearchesHEALTHEQUITY IncHealthequityHealth Equity IncHealth EquityHealthequity CorpSIC Code 60,609NAICS Code 52,523Ticker NASDAQ: HQYShow more

HealthEquity Org Chart

PhoneEmail
DL
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Executive VP, General Counsel & Secretary

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James Lucania, Chief Financial Officer at HealthEquity
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Chief Financial Officer

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AE
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Chief of Staff

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KC
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Head of Employment & Litigation Associate Gen...

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MN
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Deputy General Counsel & Corporate Secretary

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DL
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Executive Vice President & General Counsel

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Revenue

Number of Employees

Type

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Founded In

Top Executive

HealthEquity

$1.3B
1K - 5K
Public
$127.4M
2002
DL
Del LaddExecutive VP, General Counsel & Secretary
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2014
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2003
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$422.4M
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Public
-
1902
$280M
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1995
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Tim Patneaude, Executive Managing Director, Chief Operating Officer at HSA Bank
Tim PatneaudeExecutive Managing Director, Chief Operating Officer
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Wesley Lnenicka, Senior Accounting Analyst & Assistant Chief Financial Officer & Vice President at Bank of the West
Wesley LnenickaSenior Accounting Analyst & Assistant Chief Financial Officer & Vice President
Illustration of an envelopeCompany Insights

Company Profile Activity

i

Among all Finance companies

Low Activity

High Activity

Activity Insights

HealthEquity is experiencing very low activity levels compared to other companies in the Finance sector.

What does this means?

HealthEquity is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about HealthEquity.

HealthEquity financials insights

Gather financial insights about HealthEquity, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2014

Stock Offering

$127.4M

See All HealthEquity's Financials Insights

HealthEquity Tech Stack

A closer look at the technologies used by HealthEquity

Most Recent Scoops

Earnings
HealthEquity has reported total HSA assets up 14% year over year and total HSAs up 8% year over year for Q2, with new HSAs from sales growing 24% year over year and setting a Q2 record. Client retention remains strong, with renewals on pace to be well above 90% for the year amid an active contract cycle.
Earnings, Sales, Customer Retention & Development, Finance
Earnings
HealthEquity has raised its fiscal 2027 guidance, projecting revenue between $1.411 and $1.421 billion, GAAP net income of $242 to $248 million ($2.88 to $2.96 per share), non-GAAP net income of $392 to $398 million ($4.66 to $4.73 per share), and adjusted EBITDA between $628 and $636 million. Guidance reflects funding growth initiatives in the second half of the year, expected capital allocation activity including additional share purchases, and potential reductions in revolver borrowings.
Earnings, Spending/Investment, Financial Planning, Finance, Financial Strategy
Earnings
HealthEquity has reported Q2 revenue growth of 8% year over year, with service revenue reaching a record $124.4 million, up 6% year over year, custodial revenue growing 10% to a record $175.9 million, and interchange revenue growing 5% to $50.4 million. Annualized yield on HSA cash was 3.83%, reflecting higher replacement rates and increased participation in enhanced rates.
Earnings, Finance
Earnings
HealthEquity has reported $2.3 billion of remaining HSA cash in contracts repricing in fiscal 2027, with $3 billion of outstanding forward treasury contracts at quarter end, effectively locking a five-year treasury rate at approximately 3.9% net of costs across fiscal years 2027 through 2029. HealthEquity now expects average yield on HSA cash to be between 3.85% and 3.9% during fiscal 2027.
Financial Planning, Contracts, Finance, Financial Operations, Financial Strategy
Earnings
Earnings, Business Finance, Finance, Financing & Debt
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HealthEquity News & Media

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Frequently Asked Questions Regarding HealthEquity

What is HealthEquity's stock symbol?
HealthEquity's stock symbol is HQY
What is HealthEquity's official website?
HealthEquity's official website is www.healthequity.com
What is HealthEquity's Revenue?
HealthEquity's revenue is $1.3 Billion
What is HealthEquity's SIC code?
HealthEquity's SIC: 60,609
What is HealthEquity's NAICS code?
HealthEquity's NAICS: 52,523
How many employees does HealthEquity have?
HealthEquity has 1K - 5K employees
What industry does HealthEquity belong to?
HealthEquity is in the industry of: Finance, Business Services, Securities Trading
What is HealthEquity competition?
HealthEquity top competitors include: Alegeus, Washington Trust Bank, HSA Bank, Bank of the West
What companies has HealthEquity acquired?
HealthEquity has acquired the companies: WageWorks, Choice Strategies, Conexis, CompLink
What technology does HealthEquity use?
Some of the popular technologies that HealthEquity uses are: Microsoft IIS, Freshservice, Zingfit, KickFire VisiStat
Who is the CFO of HealthEquity?
HealthEquity's CFO is James Lucania
What does HealthEquity do?

HealthEquity, headquartered in Draper, Utah, and established in 2002, is a provider of a range of solutions for managing healthcare accounts. They specialize in bringing together technology and service to empower health savings while helping clients manage benefits costs.... Read More

What are HealthEquity social media links?
HealthEquity Linkedin page HealthEquity Twitter page HealthEquity Facebook page
Is HealthEquity a public company?
Yes, HealthEquity is a public company and is traded under the symbol HQY
See more information about HealthEquity

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