rewrite this title HealthEquity, Inc. (HQY) Q1 2026 Earnings Call Transcript

HealthEquity, Inc. (NASDAQ:HQY) Q1 2026 Earnings Conference Call June 3, 2025 4:30 PM ET

Company Participants

James M. Lucania – CFO & Executive VPJon Kessler – Former Director & Special AdvisorRichard Putnam – Vice President of Investor RelationsScott R. Cutler – CEO, President & DirectorStephen D. Neeleman – Founder & Vice Chairman

Conference Call Participants

Allen Charles Lutz – BofA Securities, Research DivisionAnne Elizabeth Samuel – JPMorgan Chase & Co, Research DivisionCharles Gregory Peters – Raymond James & Associates, Inc., Research DivisionConstantine Kyriakos Davides – Citizens JMP Securities, LLC, Research DivisionDavid Michael Larsen – BTIG, LLC, Research DivisionGeorge Robert Hill – Deutsche Bank AG, Research DivisionScott Anthony Schoenhaus – KeyBanc Capital Markets Inc., Research DivisionStanislav Berenshteyn – Wells Fargo Securities, LLC, Research DivisionSteven James Valiquette – Mizuho Securities USA LLC, Research Division

Operator

Good day, and welcome to the HealthEquity First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Richard Putnam. Please go ahead.

Richard Putnam

Thanks, Ashia. This is Richard Putnam. Hello, everyone. Welcome to our first quarter fiscal year 2026 earnings call. With me today, I have Scott Cutler, President CEO; Dr. Steve Neeleman, Vice Chair and Founder of the company; James Lucania, Executive Vice President and CFO.

Before I turn the call over to Scott, we note that a press release announcing the financial results of our first quarter of fiscal 2026 was issued after the market closed this afternoon. These financial results include contributions from our wholly owned subsidiaries and accounts they administer as well as certain non-GAAP financial measures that we will reference here today. You can find a copy of today’s press release on our Investor Relations website, which is