HealthEquity, Inc. reported a revenue of $325.8 million for the second quarter, showing a 9% increase compared to the same period last year.
Net income rose to $59.9 million, marking a 67% increase from the previous year.
The company's adjusted EBITDA reached $151.1 million, up by 18% from the second quarter of the previous year.
Revenue Growth
Revenue increased by 9% to $325.8 million compared to the previous year.
Net Income Surge
Net income rose by 67% to $59.9 million compared to the same period last year.
Adjusted EBITDA Record
Adjusted EBITDA reached a record high of $151.1 million, showing an 18% increase from the previous year.
- HealthEquity continues to experience growth with 10.0 million HSAs, a 6% increase year over year.
- Total HSA Assets reached $33.1 billion, showing a 12% increase compared to the previous year.
Overall, HealthEquity's strong financial performance in the second quarter of 2025 demonstrates steady growth and operational efficiency, positioning the company for future success in the healthcare industry.