HEALTHEQUITY, INC.

For the period ended Apr 30, 2026. Filed May 28, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2026 · Filed May 28, 2026

HQY$102.11-1.5%Stored close · as of Nov 9, 2026

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Contents

Financial statements Condensed consolidated balance sheets as of April 30, 2026 (unaudited) and January 31, 2026

Part I. Financial information

Item 1. Financial statements

Condensed consolidated balance sheets

(in thousands, except par value)	April 30, 2026	January 31, 2026
(unaudited)
Assets
Current assets
Cash and cash equivalents	$265,369	$318,927
Accounts receivable, net of allowance for doubtful accounts of $953 and $924 as of April 30, 2026 and January 31, 2026, respectively	122,003	123,696
Prepaid expenses and other current assets	79,156	69,658
Total current assets	466,528	512,281
Property and equipment, net	3,800	3,177
Operating lease right-of-use assets	34,578	36,310
Intangible assets, net	1,073,045	1,097,172
Goodwill	1,648,145	1,648,145
Other assets	80,090	83,247
Total assets	$3,306,186	$3,380,332
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$14,219	$12,159
Accrued compensation	26,664	60,392
Accrued liabilities	84,941	74,388
Operating lease liabilities	9,916	9,911
Total current liabilities	135,740	156,850
Long-term liabilities
Long-term debt, net of issuance costs	942,656	957,379
Operating lease liabilities, non-current	32,110	34,190
Other long-term liabilities	52,932	31,007
Deferred tax liability	95,353	93,710
Total long-term liabilities	1,123,051	1,116,286
Total liabilities	1,258,791	1,273,136
Commitments and contingencies (see Note 5)
Stockholders’ equity
Preferred stock, $0.0001 par value, 100,000 shares authorized, no shares issued and outstanding as of April 30, 2026 and January 31, 2026, respectively	—	—
Common stock, $0.0001 par value, 900,000 shares authorized, 83,927 and 85,007 shares issued and outstanding as of April 30, 2026 and January 31, 2026, respectively	8	8
Additional paid-in capital	1,901,935	1,916,989
Accumulated earnings	177,204	195,906
Accumulated other comprehensive loss	(31,752)	(5,707)
Total stockholders’ equity	2,047,395	2,107,196
Total liabilities and stockholders’ equity	$3,306,186	$3,380,332

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.