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HealthEquity HQY Share Buybacks

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$8.73B+11.0%
Enterprise value$9.45B+9.7%
P/E37.8×-16.1×
P/S6.5×+0.3×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by HealthEquity in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

The source filing: HealthEquity’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 4:04 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001428336-26-000028
(in thousands)Three months ended April 30, 2026Three months ended April 30, 2025
Settlement of derivatives, net2,388
Net cash used in investing activities(13,904)(16,143)
Cash flows from financing activities:
Repurchases of common stock(123,314)(59,065)
Principal payments on long-term debt(15,000)
Settlement of client-held funds obligation, net7161,451
Proceeds from exercise of common stock options418965
Net cash used in financing activities(137,180)(56,649)

Item 1. Financial statements

FAQ

What is HealthEquity's share buybacks?
HealthEquity (HQY) reported share buybacks of $123.31M in Q1 2026.
How has HealthEquity's share buybacks changed year-over-year?
HealthEquity's share buybacks increased by 108.8% year-over-year, from $59.07M to $123.31M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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