What changed
HealthEquity printed Q2 FY27 adjusted EPS of $1.24, up 15% YoY, with revenue of $351M, an 8% increase. Management raised FY27 guidance to adjusted EPS of $4.66-$4.73 and GAAP EPS of $2.88-$2.96. Record Adjusted EBITDA margin of 48% and 14% growth in total HSA assets to $37.9B drove the strong quarter.
Why it matters
HealthEquity printed Q2 FY27 adjusted EPS of $1.24, up 15% YoY, with revenue of $351M, an 8% increase. Management raised FY27 guidance to adjusted EPS of $4.66-$4.73 and GAAP EPS of $2.88-$2.96. Record Adjusted EBITDA margin of 48% and 14% growth in total HSA assets to $37.9B drove the strong quarter.