
HealthEquity raises fiscal 2026 guidance to $1.31B revenue and $3.91 EPS while advancing AI service and HSA market expansion

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HealthEquity raised its fiscal 2026 guidance to $1.31 billion in revenue and $3.91 EPS, driven by strong Q2 results with a 9% revenue increase and 67% net income growth. The company reported record gross margins and significant HSA market expansion, aided by new legislation. CEO Scott Cutler emphasized advancements in AI services and a fully cloud-based platform, enhancing operational efficiency. HealthEquity plans further investments in marketing and anticipates continued strong cash flows to support acquisitions. Q2 net income was $59.9 million, with a cash balance of $304 million and ongoing share repurchases.
