HealthEquity, Inc. delivered strong fiscal 2026 results with significant margin expansion and record HSA growth, positioning the company for robust future earnings.
- Fourth quarter adjusted EBITDA grew 23%, with adjusted EBITDA margin expanding by over 500 basis points.
- Added a record 550,000 Health Savings Accounts (HSAs) in Q4, bringing total HSAs to 17.8 million and assets to over $36 billion.
- Net income surged 89% to $49.7 million; non-GAAP net income per diluted share increased by 38%.
- The company returned over $300 million to shareholders through buybacks, reducing diluted shares outstanding by approximately 3%.
- Continued enhancement of digital engagement with over 3.6 million app downloads, reflecting a shift towards digital-first healthcare management.
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