Revenue Growth in Q3 2025
Revenue for the third quarter was $691.8 million, an increase of 3.9% year-over-year. Excluding the impact of fluctuations in fuel prices and foreign exchange rates, revenue was up 4.4%.
Adjusted EPS Increase
Adjusted net income per diluted share was $4.59, an increase of 5.5% year-over-year. Excluding the impact of fluctuations in fuel prices and foreign exchange rates, Q3 adjusted EPS grew 7.2%.
Strong Performance in Benefits Segment
Total revenue in the Benefits segment was $198.1 million, which rose 9.2%. SaaS account growth was 6% in the quarter with HSA accounts on the platform up 7% in Q3.
Corporate Payments Segment Recovery
Corporate Payments returned to revenue growth in Q3 with revenue of $132.8 million, an increase of 4.7%.
AI Integration for Efficiency
AI has helped drive a 20% increase in product innovation velocity and reduced claims processing time from days to minutes in the Benefits segment.