HEALTHEQUITY, INC.
Company Stats
- Market Cap
- $7.3B
- as of Sep 30, 2026
- Enterprise Value
- $8.0B
- Shares Outstanding
- 82.7M
- Free Float
- 85.2%
Income Statement
- Revenue
- $1.3B
- Operating Income
- $322.5M
- Net Income
- $215.2M
- EBITDA
- $477.1M
- Revenue Growth, 3Y
- 15.1%
- FCF Margin, 3Y Avg
- 29.0%
- FCF Margin, Worst Year
- 24.1%
Cash Flow
- Free Cash Flow
- $455.1M
- FCF Yield
- 6.2%
- Owner FCF Yield
- 5.2%
Balance Sheet
- Cash & Equivalents
- $318.9M
- Total Debt
- $961.9M
- Net Debt
- $642.9M
- Net Debt / EBITDA
- 1.35x
- EV / EBITDA
- 16.68x
- Net Debt / EBIT
- 1.99x
Returns & Capital
- Share Repurchases
- $299.3M
- Buyback Yield, 3Y Avg
- 1.9%
- SBC, 3Y Avg
- $82.2M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2026 | $1.3B | $455.1M | 34.7% |
| FY2025 | $1.2B | $337.8M | 28.2% |
| FY2024 | $999.6M | $241.1M | 24.1% |
| FY2023 | $861.7M | $147.3M | 17.1% |
| FY2022 | $756.6M | $132.1M | 17.5% |
Annual filing data through FY ended January 31, 2026; shares and float as of October 30, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Aci Lifts 2026 Guidance as Software Demand Stays Positive
Stronger demand supports expansion as pricing diverges