HealthEquity Q2 FY27: net income +9.7% to $65.6M; custodial revenue

Filed August 27, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 2, 2025 · ~2 min read

Key Changes

• high

  Net income rose 9.7% to $65.6M ( diluted EPS, +14.7%) on 7.6% revenue growth to $350.7M, driven by custodial revenue as HSA cash yields improved and service costs fell from technology efficiencies.

  MD&A: Results of Operations verify on EDGAR →
• high

  repurchased stock YTD (2.7M shares), up 83% from prior year

  Notes: Stockholders' Equity verify on EDGAR →
• high

  Expanded Treasury bond forward hedging program from 18 instruments / $2.35B notional to 23 instruments / $3.04B notional, extending maturity to Jan 2029; net position shifted to liability with accumulated OCI loss.

  Notes: Derivative Financial Instruments verify on EDGAR →