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HealthEquity reports Q2 EPS $1.08, consensus 92c

Reports Q2 revenue $325.84M, consensus $320.69M. Reports 10M HSAs, an increase of 6% compared to Q2 FY25 “The HealthEquity (HQY) team delivered continued momentum during our second quarter with strong 9% revenue growth, record gross margin of 71% and record adjusted EBITDA of $151 million,” said Scott Cutler, president and CEO of HealthEquity. “We believe our outlook is even brighter with our national lawmakers providing the largest legislative expansion of HSAs since 2006 as more American families seek access to the financial security and tax benefits that they provide. Through our proprietary technologies and platforms, Team Purple continues to empower a growing number of savvy healthcare consumers with tools and resources that drive better member outcomes.”

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