HEALTHEQUITY, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $140.0m $199.5m $361.5m $191.7m $328.8m $225.4m $254.3m $404.0m $295.9m $318.9m
Prepaid Expense and Other Assets, Current $63.8m $69.7m
Cash, Cash Equivalents, and Short-term Investments $180.6m $240.6m $361.5m
Inventory, Net $592k $215k
Assets, Current $200.8m $265.4m $394.7m $297.3m $460.2m $351.3m $382.9m $557.4m $477.7m $512.3m
Property, Plant and Equipment, Net $5.2m $7.8m $8.2m $33.5m $29.1m $23.4m $12.9m $6.0m $3.2m $3.2m
Goodwill $4.7m $4.7m $4.7m $1.3b $1.3b $1.6b $1.6b $1.6b $1.6b $1.6b
Intangible Assets, Net (Excluding Goodwill) $65.0m $83.6m $79.7m $783.3m $767.0m $973.1m $936.4m $835.9m $1.2b $1.1b
Operating Lease, Right-of-Use Asset $83.2m $89.5m $63.6m $56.5m $48.4m $43.2m $36.3m
Other Assets, Noncurrent $1.9m $2.2m $21.1m $35.1m $37.4m $49.8m $52.2m $67.9m $71.6m $83.2m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $17.0m $21.6m $25.7m $70.9m $72.8m $87.4m $96.8m $104.9m $118.0m $123.7m
Accrued Liabilities, Current $3.8m $5.5m $8.6m $46.4m $75.9m $57.6m $43.7m $46.0m $62.6m $74.4m
Assets $279.1m $369.2m $510.0m $2.6b $2.7b $3.1b $3.1b $3.2b $3.4b $3.4b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $12.4m $14.0m $12.2m $10.2m $9.4m $10.0m $9.9m
Accounts Payable, Current $3.2m $2.4m $3.5m $4.0m $1.6m $27.5m $13.9m $12.0m $14.4m $12.2m
Operating Lease, Liability, Noncurrent $68.0m $74.2m $65.2m $59.0m $48.8m $42.2m $34.2m
Long-term Debt, Excluding Current Maturities $1.2b $924.2m $922.1m $907.8m $875.0m $1.1b $957.4m
Long-term Debt, Current Maturities $39.1m $62.5m $8.8m $17.5m $0 $0 $0
Liabilities, Current $15.7m $20.5m $29.1m $151.9m $204.7m $153.2m $131.1m $117.1m $156.3m $156.8m
Deferred Income Tax Liabilities, Net $916k $130.5m $119.7m $99.8m $82.7m $68.7m $55.8m $93.7m
Other Liabilities, Noncurrent $2.6m $8.8m $14.2m $12.7m $19.3m $23.0m $31.0m
Deferred Tax Liabilities, Net $130.5m $119.7m $99.8m $82.7m $68.7m $55.8m $93.7m
Liabilities $17.2m $22.9m $32.9m $1.5b $1.3b $1.3b $1.2b $1.1b $1.3b $1.3b
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Common Stock, Value, Issued $6k $6k $6k $7k $8k $8k $8k $9k $9k $8k
Additional Paid in Capital $232.1m $261.2m $305.2m $818.8m $1.2b $1.7b $1.7b $1.8b $1.9b $1.9b
Retained Earnings (Accumulated Deficit) $30.0m $85.3m $171.8m $211.5m $220.3m $176.1m $149.9m $205.6m $209.3m $195.9m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($165k) ($269k) $0 $0 ($5.7m)
Stockholders' Equity Attributable to Parent $261.9m $346.3m $477.1m $1.0b $1.4b $1.9b $1.9b $2.0b $2.1b $2.1b
Liabilities and Equity $279.1m $369.2m $510.0m $2.6b $2.7b $3.1b $3.1b $3.2b $3.4b $3.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.