Risk factors

Healthequity (HQY) risk factors

Item 1A of every Healthequity, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2026 10-K risk factors
    44 risks4 new6 dropped12 reworded

    HealthEquity expanded risks around marketplace partnerships and compounded GLP-1 weight loss regulations, increased AI fraud threats, and updated revenue figures.

    Filed Mar 17, 2026
  • FY2025 10-K risk factors
    46 risks

    Substantially all revenue depends on tax-advantaged health savings accounts and consumer-directed benefits. Growth relies heavily on depository partners, payment card interchange fees, and acquisitions. Extensive regulation spans healthcare, tax, banking, and data privacy laws.

    Filed Mar 18, 2025