When did HealthEquity report Q4 2025 earnings?

HealthEquity (HQY) reported Q4 2025 earnings on March 18, 2025 after market close.

What were HealthEquity's Q4 2025 revenue and EPS?

HealthEquity reported revenue of $311.8M and diluted EPS of $0.69 for Q4 2025.

Did HealthEquity beat estimates in Q4 2025?

Revenue beat the consensus estimate of $305.8M by $6.0M. EPS missed the consensus estimate of $0.71 by $0.02.

Where can I find HealthEquity's Q4 2025 SEC filings?

You can read the 10-K periodic report (0001428336-25-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.

HealthEquity HQY Q4 2025 Annual earnings

Reported March 18, 2025 · After market close

Revenue$311.8MBeat by $6.0M Diluted EPS$0.69Miss by $0.02

Revenue estimate$305.8M

EPS estimate$0.71

Next report

Sep 1, 2026 (in 2 months)

Revenue estimate$348.9M

EPS estimate$1.19

Financials

Q4 2025

Income statement

See full

Revenue$311.8M+18.8%

Gross profit$189.0M+15.8%

Operating income$42.2M+8.4%

Net income$26.4M0.0%

EPS (diluted)$0.300.0%

Balance sheet

See full

Cash & equivalents$295.9M-26.7%

Total debt$1.1B+18.8%

Total equity$2.1B+3.9%

Total assets$3.4B+9.0%

Cash flow

See full

Operating cash flow$75.7M-1.7%

CapEx$328.0K-41.4%

Free cash flow$75.4M-1.4%

Valuation & ratios

Q4 2025

Valuation

See full

Market cap$9.57B+47.3%

Enterprise value$10.38B+47.7%

P/E99×-17.7×

P/S8×+1.5×

Profitability

See full

Gross margin64.8%+2.5pp

Operating margin13.5%+1.8pp

Net margin8.1%+2.5pp

FCF margin28.2%+4.0pp

Returns & leverage

See full

Return on equity4.7%+1.8pp

Debt / equity0.5×+0.1×

Current ratio3.1×-1.7×

Segments

By product

See full

Custodial revenue$144.1M+28.4%

Service revenue$124.2M+4.8%

Interchange revenue$43.5M—

Versus estimates

Revenue

Q1 2027$354.6MBeat by $2.6M Q4 2026$334.6MBeat by $2.3M Q3 2026$322.2MBeat by $1.5M Q2 2026$325.8MBeat by $5.1M Q1 2026$330.8MBeat by $8.6M

Q4 2025$311.8MBeat by $6.0M

Diluted EPS

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

Q4 2025$0.69Miss by $0.02

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Questions, answered.

When did HealthEquity report Q4 2025 earnings?: HealthEquity (HQY) reported Q4 2025 earnings on March 18, 2025 after market close.
What were HealthEquity's Q4 2025 revenue and EPS?: HealthEquity reported revenue of $311.8M and diluted EPS of $0.69 for Q4 2025.
Did HealthEquity beat estimates in Q4 2025?: Revenue beat the consensus estimate of $305.8M by $6.0M. EPS missed the consensus estimate of $0.71 by $0.02.
Where can I find HealthEquity's Q4 2025 SEC filings?: You can read the 10-K periodic report (0001428336-25-000009) directly on SEC EDGAR. The filing index links above go to sec.gov.