HEALTHEQUITY, INC.
Close on Oct 19, 2026
- Market cap
- $7.82B
- P/E (TTM)
- 33.6
- Dividend yield
- –
About Healthequity
Services-Business Services, NEC, SIC 7389
HealthEquity, Inc. provides technology-enabled administration for tax-advantaged healthcare accounts and employee benefit programs. Its core product is the health savings account, which enables consumers to save, spend, and invest medical funds. The company also administers flexible spending accounts, health reimbursement arrangements, COBRA continuation coverage, and commuter benefits. Additionally, it offers payment processing, an online investment advisory platform, and a healthcare marketplace. HealthEquity earns revenue through service administration, custodial cash management, and payment interchange. Its customers are individuals with private health insurance, accessed directly and through employer clients, health plans, benefits brokers, and retirement administrators.
The company conducts its operations in the United States. As of January 31, 2026, it administers 17.8 million accounts, including 10.6 million health savings accounts and 7.2 million other consumer-directed benefit accounts. The company's technology platform connects with more than 200 network partners. The provided text does not state the location of the company's headquarters.
Summary of the business section of Healthequity's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HEALTHEQUITY, INC.
- Founded
- 2002
- Headquarters
- Draper, UT
- Address
- 15 West Scenic Pointe Drive, Suite 100 84020
- Phone
- (801) 727-1000
- Website
- www.healthequity.com
- Employees
- 2,814, Jan 31, 2026
- Industry
- Services-Business Services, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- January 31
- Auditor
- PricewaterhouseCoopers LLP, Salt Lake City, Utah
Stock & identifiers
- Ticker
- HQY
- Exchange
- Nasdaq
- IPO date
- Aug 1, 2014
- Shares outstanding
- 83M, Aug 20, 2026
- Public float
- $7.00B, Jul 31, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1428336
- CUSIP
- 42226A107
- ISIN
- US42226A1079
- LEI
- 529900LRJU1RAFQHM467
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Stephen Neeleman | FOUNDER AND VICE CHAIRMAN, Director | 545,800 |
| Scott Cutler | President and CEO, Director | 176,405 |
| Michael Henry Fiore | EVP, CHIEF COMMERCIAL OFFICER | 52,244 |
| Michael Gathright | Chief Customer Officer | 39,893 |
| Delano Ladd | EVP, General Counsel | 90,054 |
| James M. Lucania | EVP & CFO | 104,617 |
| Sunil Rajasekar | EVP Chief Prod & Strat Officer | 19,935 |
| Elimelech Rosner | EVP, CHIEF TECHNOLOGY OFFICER | 81,497 |
| Noemie Clemence Heuland | Director | 2,033 |
| Adrian T. Dillon | Director | 70,027 |
| Robert W. Selander | Director | 89,849 |
| Debra Charlotte McCowan | Director | 12,659 |
| Stuart B. Parker | Director | 25,975 |
| William Gassen | Director | 3,611 |
| Gayle Furgurson Wellborn | Director | 22,610 |
| Evelyn S. Dilsaver | Director | 51,085 |
| Rajesh Natarajan | Director | 18,130 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Scott Cutler | $13.58M | $10.42M | $4.37M | $103 | $81 |
| FY2025 Jon Kessler | $12.61M | $36.77M | $5.00M | $132 | $102 |
| FY2025 Scott Cutler | $8.28M | $9.31M | $5.00M | $132 | $102 |
| FY2024 Jon Kessler | $13.45M | $22.91M | $3.88M | $90 | $76 |
| FY2024 Scott Cutler | $13.45M | $22.91M | $3.88M | $90 | $76 |
| FY2023 Jon Kessler | $13.40M | $14.44M | $5.61M | $73 | $73 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of January 31, 2026, we had 2,814 team members.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 14, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 1, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 30, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 26, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 1, 2014 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 25, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |