NASDAQ$HQY
HealthEquity Inc · Q4 2026 earnings
Q4 2026 earnings · · After market close · Investor relations
Briefing
HealthEquity reported Q4 fiscal 2026 revenue with net income of $49.7M ($0.58 diluted EPS, non-GAAP $0.95).
For the quarter ended January 31, 2026, net income rose to $49.7M (15% margin) from $26.4M; diluted EPS was $0.58 and non-GAAP EPS $0.95 (+38%). Fiscal 2026 net income was $215.2M ($2.46 GAAP EPS, $4.00 non-GAAP EPS) on strong HSA platform growth. Management guided fiscal 2027 revenue of $1.405–1.415B and non-GAAP EPS of $4.56–4.65.
- Q4 net income $49.7M; margin 15% vs 8% prior year.
- Q4 GAAP EPS $0.58; non-GAAP EPS $0.95 (+38%).
- FY2026 net income $215.2M (+89% YoY).
- FY2026 non-GAAP EPS $4.00 vs $3.12 prior year.
- FY2027 revenue guide $1.405–1.415B.
Headline financials
Revenue & EPS history
HealthEquity · Revenue · Quarterly
$355M
Revenue by segment
HealthEquity · $249M total across 3 segments · Q3 2024
- Service Revenue$108M-1.0%43.1%
- Custodial Revenue$107M+42.8%42.8%
- Interchange Revenue$35.1M+6.9%14.1%
Forward guidance
For fiscal 2027 ending January 31, 2027, HealthEquity expects revenue of $1.405–1.415B, GAAP net income $239–246M ($2.78–2.85 EPS), non-GAAP net income $392–400M ($4.56–4.65 EPS), and Adjusted EBITDA $618–628M.
Tailwinds
- FY2027 non-GAAP EPS guide $4.56–4.65.
- Adjusted EBITDA guide $618–628M.
- Net income margin expansion in Q4 and FY2026.
- HSA ecosystem scale driving operating leverage.
Headwinds
- Rate-sensitive float income could moderate.
- Competitive pressure in health-benefits technology.
- Regulatory changes to tax-advantaged accounts a risk.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2026
-0.4%
Avg return
Earnings day
-2.0%
Avg return
5 days after
-1.1%
Avg return
30 days after
54%
29 / 54 earnings
Positive
+10.8%
Q1 2024
Best reaction
-22.2%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | -2.8% | -5.8% | — | |
| Q4 2026 | +0.7% | +2.8% | +8.4% | |
| Q3 2026 | -2.9% | -5.5% | -7.7% | |
| Q2 2026 | +7.6% | +4.7% | -0.3% | |
| Q1 2026 | +9.1% | +7.1% | -1.5% | |
| Q4 2025 | -17.1% | -11.2% | -16.9% | |
| Q3 2025 | -4.8% | -4.6% | -0.5% | |
| Q2 2025 | +3.9% | -4.2% | -1.7% | |
| Q1 2025 | +2.1% | +4.4% | +2.3% | |
| Q4 2024 | -1.9% | -4.0% | -3.7% | |
| Q3 2024 | +0.4% | -0.8% | -0.7% | |
| Q2 2024 | +4.4% | +2.4% | +9.4% | |
| Q1 2024 | +10.8% | +9.4% | +6.1% | |
| Q4 2023 | +0.8% | -1.1% | +0.7% | |
| Q3 2023 | -2.3% | -7.7% | -9.8% | |
| Q2 2023 | +0.1% | +4.6% | +5.5% | |
| Q1 2023 | +2.0% | -0.0% | -4.8% | |
| Q4 2022 | +2.4% | +11.3% | +20.3% | |
| Q3 2022 | -21.3% | -24.8% | -14.4% | |
| Q2 2022 | +1.2% | -1.4% | -0.8% | |
| Q1 2022 | +0.4% | -3.2% | -1.6% | |
| Q4 2021 | -5.9% | -9.4% | -11.8% | |
| Q3 2021 | -3.7% | -8.5% | +8.1% | |
| Q2 2021 | +5.4% | -11.8% | -6.2% | |
| Q1 2021 | -6.6% | +5.9% | -5.6% | |
| Q4 2020 | -22.2% | -17.9% | -15.1% | |
| Q3 2020 | +2.9% | +9.6% | +17.4% | |
| Q2 2020 | -6.1% | -6.3% | -8.1% | |
| Q1 2020 | +1.7% | +6.0% | -0.4% | |
| Q4 2019 | +2.9% | -10.2% | -23.8% | |
| Q3 2019 | -17.5% | -23.8% | -38.8% | |
| Q2 2019 | +2.9% | +3.0% | -3.9% | |
| Q1 2019 | +4.8% | +4.6% | +1.1% | |
| Q4 2018 | +8.7% | +6.7% | +11.3% | |
| Q3 2018 | -5.8% | -6.4% | -1.7% | |
| Q2 2018 | +7.3% | +6.0% | +23.1% | |
| Q1 2018 | +8.8% | +7.4% | -0.2% | |
| Q4 2017 | -4.6% | -12.1% | -0.9% | |
| Q3 2017 | -1.1% | -2.4% | -2.8% | |
| Q2 2017 | +3.0% | -0.7% | +13.1% | |
| Q1 2017 | +7.9% | +7.4% | +11.7% | |
| Q4 2016 | +5.2% | — | — | |
| Q3 2016 | -4.6% | — | — | |
| Q2 2016 | +6.5% | — | — | |
| Q1 2015 | -0.1% | — | — | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2015 | -1.0% | — | — | |
| Q3 2014 | -8.0% | — | — | |
| Q3 2015 | +0.7% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q2 2014 | -0.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro