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HealthEquity Inc (HealthEquity) is a healthcare service provider that offers health savings management services. The company carries out managing health savings accounts (HSAs) and other consumer-directed benefits (CDBs). Its services include payment processing, personalized benefit information, wellness incentives and investment advice. HealthEquity products include health savings accounts, flexible spending accounts and health reimbursement arrangements. The company provides a supported health account solution to its members with medical and pharmacy claims. It serves individuals and businesses. HealthEquity is headquartered in Draper, Utah, the US.
Headquarters
United States of America
Address
Suite 100, 15 W Scenic Pointe Dr, Draper, Utah, 84020-6120
Website
healthequity.com
Telephone
1 801 7271000
No of Employees
2,814
Industry
Financial Services
Ticker Symbol & Exchange
HQY (NASD)
Revenue (2026)
$1.3B
EPS
XYZ
Market Cap*
$8.0B
Net Profit Margin (2025)
XYZ
44.7%
* As of and is in US$
HealthEquity Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Health Savings Accounts | Health Savings Management Services |
| Flexible Spending Account | COBRA Administration Solutions |
| Health Reimbursement Arrangements | Financial Advisory Solutions |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company launched GLP-1 telehealth and a direct HSA enrollment platform. |
| 2024 | Acquisitions/Mergers/Takeovers | In May, the company acquired BenefitWallet HSA portfolio from Conduent. |
| 2023 | Contracts/Agreements | In April, the company entered into a partnership with Microsoft to modernize healthcare benefits administration through Microsoft Azure. |
Competitor Comparison
| Key Parameters | HealthEquity Inc | UnitedHealth Group Inc | Prudential Financial Inc | FMR LLC | U-Haul Holding Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Draper | Eden Prairie | Newark | Boston | Reno |
| State/Province | Utah | Minnesota | New Jersey | Massachusetts | Nevada |
| No. of Employees | 2,814 | 390,000 | 36,824 | - | 16,830 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Stephen D. Neeleman, MD | Vice Chairman | Executive Board | 2014 | 56 |
| Scott Cutler | Chief Executive Officer; President | Senior Management | - | - |
| James Lucania | Chief Financial Officer; Vice President | Senior Management | - | - |
| Eli Rosner | Vice President; Chief Technology Officer | Senior Management | - | - |
| Cheryl King | Chief People Officer; Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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