Headquartered in Draper, UT·Fiscal year ends January·NASDAQ: HQY·healthequity.com
About HealthEquity
HealthEquity, Inc. (NASDAQ: HQY) is the largest independent health savings account (HSA) custodian by account volume in the United States. The company administers HSAs and other consumer-directed benefits (CDBs) — including flexible spending accounts, health reimbursement arrangements, COBRA administration, and commuter benefits — for more than 17 million accounts. HealthEquity partners with employers, benefits advisors, and health and retirement plan providers to offer tax-advantaged healthcare savings and spending solutions. The company generates revenue through three streams: service fees for account administration, custodial revenue earned on HSA cash deposits placed with federally insured depository and insurance company partners, and interchange fees from member card transactions. As of July 31, 2026, the company managed $37.9 billion in Total HSA Assets, comprising both custodial cash and member-directed investments. Updated
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