HealthEquity, Inc. (HQY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Health Equity First Quarter 2026 Earnings Conference Call. All participants will be in listen-only mode. Please note, this event is being recorded. I would now like to turn the conference over to Richard Putnam. Please go ahead. 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 Neelaman, 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 ir.healthequity.com, and it will include reconciliations of these non-GAAP measures with comparable GAAP measures. We also note that our comments and responses to your questions today reflect management's view as of today, June 3, 2025, and will contain forward-looking statements as defined by the SEC including predictions, expectations, estimates, or other information that might be considered forward looking. There are many important factors relating to our business which could affect the forward looking statements made today. These forward looking statements are subject to risk and uncertainties that may cause our actual results to differ materially from statements made here today. We caution against placing undue reliance on these forward looking statements and we also encourage y...