HealthEquity reported strong fiscal year 2026 sales metrics, driven by record fourth-quarter performance and significant HSA additions. The company highlighted its ability to attract new accounts amidst softer job growth by emphasizing HSAs as a solution for rising healthcare costs, while also advocating for regulatory changes to expand HSA access.
Total HSAs increased by 7% to 10.6 million as of January 31, 2026, compared to 9.9 million a year prior.
positiveHSA Assets grew 14% year-over-year to $36.5 billion as of January 31, 2026.
positiveFourth-quarter new HSAs from sales rose 17% year over year.
positiveHSA investments increased 26% year over year to $18.5 billion.
positiveTotal Accounts increased by 4% to 17.8 million as of January 31, 2026.
positiveNew HSAs from acquisitions decreased to zero in the year-to-date period, compared to 616 in the prior year.
attentionAverage daily HSA cash growth was modest at 3% for the quarter-to-date and 5% for the year-to-date.
attentionMargin metrics will be available once backend extracts data from insights_json
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
HealthEquity delivered a standout fiscal 2026 sales year, driven by a record fourth quarter and our strongest year yet for HSA additions—adding more than one million new HSA accounts from sales.
Against softer U.S. job growth, we generated record new HSA sales as employers turned to HSAs to address rising healthcare costs.
Open-enrollment execution drove increased utilization of HSA-eligible plans with enterprise clients, higher retail enrollment supported by product enhancements, and early momentum among newly eligible American families.
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Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.