HealthEquity's Long-Term Growth Intact Despite Short-Term Margin Pressures, Analyst Says

1. HQY's adjusted EPS rose to 69 cents, missing estimates of 72 cents. 2. Revenue grew 19% year over year, exceeding expectations at $311.8 million. 3. 9.9 million HSAs were recorded, a 14% increase from last year. 4. Guidance for FY 2026 revenue is $1.28 billion to $1.305 billion. 5. Analysts anticipate better margins in 2H/26 despite current excess cybersecurity costs.