Skip to content
OpenCapital
Get started

HealthEquity HQY Q1 2027 earnings

Reported May 28, 2026 · After market close

Revenue$354.6MBeat by $2.6MDiluted EPS$1.24Beat by $0.13
Revenue estimate$352.0M
EPS estimate$1.11

Next report

Sep 1, 2026 (in 2 months)
Revenue estimate$348.9M
EPS estimate$1.19

Financials

Q1 2027

Income statement

See full
Revenue$354.6M+7.2%
Gross profit$256.3M+14.3%
Operating income$103.0M+23.9%
Net income$69.4M+28.8%
EPS (diluted)$0.82+34.4%

Balance sheet

See full
Cash & equivalents$265.4M-7.8%
Total debt$984.7M-11.0%
Total equity$2.0B-3.6%
Total assets$3.3B-3.2%

Cash flow

See full
Operating cash flow$97.5M+50.6%
CapEx$362.0K+321%
Free cash flow$97.2M+50.3%

Valuation & ratios

Q1 2027

Valuation

See full
Market cap$6.93B-6.7%
Enterprise value$7.65B-7.2%
P/E30×-30.9×
P/S5.2×-0.8×

Profitability

See full
Gross margin70.7%+5.2pp
Operating margin25.6%+9.2pp
Net margin17.3%+7.5pp
FCF margin36.5%+9.3pp

Returns & leverage

See full
Return on equity11.1%+5.3pp
Debt / equity0.5×0.0×
Current ratio3.4×-0.6×

Segments

By product

See full
Custodial revenue$174.3M+11.4%
Service revenue$122.9M+2.6%
Interchange revenue$57.4M+5.1%

Versus estimates

Revenue

Q1 2027$354.6MBeat by $2.6M
Q4 2026$334.6MBeat by $2.3MQ3 2026$322.2MBeat by $1.5MQ2 2026$325.8MBeat by $5.1MQ1 2026$330.8MBeat by $8.6MQ4 2025$311.8MBeat by $6.0M

Diluted EPS

Q1 2027$1.24Beat by $0.13
Q4 2026$0.95Beat by $0.06Q3 2026$1.01Beat by $0.10Q2 2026$1.08Beat by $0.17Q1 2026$0.97Beat by $0.16Q4 2025$0.69Miss by $0.02

Ask the moment HealthEquity reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did HealthEquity report Q1 2027 earnings?
HealthEquity (HQY) reported Q1 2027 earnings on May 28, 2026 after market close.
What were HealthEquity's Q1 2027 revenue and EPS?
HealthEquity reported revenue of $354.6M and diluted EPS of $1.24 for Q1 2027.
Did HealthEquity beat estimates in Q1 2027?
Revenue beat the consensus estimate of $352.0M by $2.6M. EPS beat the consensus estimate of $1.11 by $0.13.
How did HealthEquity's Q1 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.2% from $330.8M a year earlier and diluted EPS grew 27.8% from $0.97.
Where can I find HealthEquity's Q1 2027 SEC filings?
You can read the 8-K earnings release (0001428336-26-000027) and the 10-Q periodic report (0001428336-26-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.