Federal contractor · DRAPER, UT

HEALTHEQUITY, INC.

HEALTHEQUITY, INC. received $26.9M in federal contract obligations in FY2026, on 105 awards (+28% vs FY2025). Since FY2021: $102.1M. Its largest customer was Office of Personnel Management ($23M).

Obligations · FY2026: $26.9M
New awards: 105
Sole-source: 0.0%
Single offer: 1.7%

UEI: JHYDEGZ72RH3

Other than small business

Open in the contracts explorer Relationship graph

Company family

Grouped from reported parent companies (UEI) and, where marked, AI judgments that two records name the same organization or group.

2 registered entities of the same company or corporate group, $26.9M in FY2026 together.

HEALTHEQUITY, INC.DRAPER, UT · Family page
Reported parent$26.9M
WAGEWORKS, INC.SAN MATEO, CA
Reported parent-$2,522

Spending by fiscal year

Obligations per federal fiscal year (October–September).

9.8MFY2021
9.8MFY2022
16MFY2023
18.6MFY2024
21MFY2025
26.9MFY2026

Top buying agencies

Obligations in FY2026.

Office of Personnel Management$23M85%
3 awards
Department of Veterans Affairs$2.7M10%
1 awards
Defense Finance and Accounting Service$549.6K2.0%
14 awards
Office of Procurement Operations$86.3K0.3%
5 awards
Consumer Financial Protection Bureau$61.4K0.2%
2 awards
Department of State$59.9K0.2%
2 awards
U.S. Customs and Border Protection$49.4K0.2%
2 awards
Office of the Chief Financial Officer$47.5K0.2%
2 awards
Federal Aviation Administration$40.4K0.2%
2 awards
Social Security Administration$40.3K0.1%
2 awards

What was bought · Where the work was performed

Obligations in FY2026.

What was bought

Professional services$26.9M100.0%
Education & social services$2400.0%

Where the work was performed

Integrity signals

Shares of the year's obligations, next to the country's.

Low competition1.8%
US 39% · $471.2K
Sole-source awards0.0%
US 30% · $7,979
Single-offer competitions1.7%
US 8.7% · $463.2K
Urgency justifications0.0%
US 5.1% · $0

A signal is a reason to look closer, not evidence of wrongdoing: most sole-source awards are lawful and justified.

Agencies awarding it sole-source contracts

Centers for Medicare and Medicaid Services$9,026
Department of Health and Human Services · 1 awards
District of Columbia Courts-$1,083
District of Columbia Courts · 1 awards

Largest awards

THIS TASK ORDER IS ISSUED TO OFFSET (BUYDOWN) PART OF THE ADMINISTRATIVE FEE CHARGED TO AGENCIES FOR BENEFIT YEAR 2026 WITH FUNDING FROM OPM'S RISK RESERVE ACCOUNT. FOR BENEFIT YEAR 2026, OPM WILL REDUCE THE FSAFEDS ADMINISTRATIVE FEE CHARGED TO$22M
Office of Personnel Management· Salt Lake County, UT· Professional services· Mar 10, 2026 – Mar 10, 2026· 24362526F0009
ADMINISTRATIVE SERVICE FEES FOR VA FSAFEDS PARTICIPANTS$2.7M
Department of Veterans Affairs· Salt Lake County, UT· Professional services· Dec 11, 2025 – Dec 11, 2025· 36C10X26F0009
THIS TASK ORDER IS ISSUED FOR $1,000,000.00 FOR START UP SERVICES AS AGREED UPON PER THE FSAFEDS CONTRACT. THESE FUNDS ARE BEING UTILIZED TO BEGIN THE INFRASTRUCTURE BUILDOUT FOR THE ADDITION OF A FSAFEDS DEBIT CARD OFFERING FOR PARTICIPANTS.$1M
Office of Personnel Management· Salt Lake County, UT· Professional services· Jan 30, 2026 – Jan 30, 2026· 24362526F0005
DEPARTMENT OF THE NAVY FEDERAL FLEXIBLE SPENDING ACCOUNTS FY25$564.2K
Defense Finance and Accounting Service· Salt Lake County, UT· Professional services· Apr 16, 2025 – Apr 20, 2026· HQ042325FE034
USDA/OHRM: OPM INDEFINITE QUANTITY MULTI-AGENCY CONTRACT (MAC ): THIS TASK ORDER IS ISSUED TO PROVIDE FEDERAL FLEXIBLE SPENDING ACCOUNT (FSA) ADMINISTRATION SERVICES TO THE ENROLLED EMPLOYEES FROM THE USDA. INVOICING PER SCHEDULE STATED IN CONTRACT #$534.1K
Office of the Chief Financial Officer· Salt Lake County, UT· Professional services· Mar 15, 2024 – Aug 5, 2026· 12314424F0127
ARMY FLEXIBLE SPENDING ACCOUNTING FOR FY2025$458.6K
Defense Finance and Accounting Service· Salt Lake County, UT· Professional services· Apr 30, 2025 – Jan 8, 2026· HQ042325FE042
FSAFEDS ADMINISTRATIVE ACCOUNT FEES FOR DOJ$420.9K
Offices, Boards and Divisions· District of Columbia, DC· Professional services· Mar 20, 2025 – Nov 24, 2025· 15JPSS25F00000376
DOD WCF FSAFEDS FY2026 HC/DC ADMIN FEES$374.6K
Defense Finance and Accounting Service· Salt Lake County, UT· Professional services· Apr 7, 2026 – Apr 7, 2026· HQ042326FE031

Competitors

Companies that win from the same buyers in the same markets: obligations by agency and industry compared over the last three fiscal years.

Compared on 63 markets (agency × industry), FY2024–FY2026.

RECEIVIA, INC.$26.2M−8.4% in FY2026
SAVANNAH, GA · 9.4% of this company's obligations are in markets they both serveVeterans Affairs · Insurance agencies, brokerages, and related activities
PALISADE STRATEGIES, LLC$7.3M−74% in FY2026
VALRICO, FL · 6.1% of this company's obligations are in markets they both serveVeterans Affairs · Insurance agencies, brokerages, and related activities
MILLIMAN, INC.$57.5M+29% in FY2026
SEATTLE, WA · 7 entities · 9.6% of this company's obligations are in markets they both serveVeterans Affairs · Insurance agencies, brokerages, and related activities

Showing the top 3 of 25 competitors. Open the profile for the full list.

Who sells to the same buyers in the same markets, not who wins against whom on a given contract. Prime contract obligations by the agency and NAICS code of each award; subawards are never added. A company is a family of legal entities, joined by parent UEI or, in part, by an AI reading of names.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 10, 2026, loaded Oct 10, 2026 · FY2024–FY2026.

Lobbying and PAC activity

Organizations in House lobbying disclosures and FEC records whose names an AI judgment matched to this company. Those records carry no identifier shared with contracts, so every match is by name.

Across the company family of HEALTHEQUITY, INC. (2 recipients).

Matched organizations

HEALTHEQUITY, INC.AI match · 97%

Lobbying · 2025: $3.2M; 15 reports
Lobbying · 2023–2026: $9M; $9M in its own reports
PAC giving · 2026: $106.5K; 1 PAC

Lobbying by year

2023$1.7M
10 reports
2024$2.8M
16 reports
2025$3.2M
15 reports
2026$1.4M
6 reports

Top issues

Taxation and the Internal Revenue Code42 reports
Health issues41 reports

Who was contacted

U.S. HOUSE OF REPRESENTATIVES47 reports
U.S. SENATE45 reports
White House Office8 reports
Executive Office of the President (EOP)3 reports
Centers For Medicare and Medicaid Services (CMS)1 reports
Health & Human Services - Dept of (HHS)1 reports

Houses of Congress and federal agencies the reports list as contacted (a report names every one for all its issues).

Lobbying firms hired

Tarplin, Downs & Young, LLC$450K
11 reports
BOCKORNY GROUP, INC.$345K
5 reports
ACTUM I, LLC$300K
11 reports
Federal Policy Group, LLC$300K
6 reports

Registrants who are individuals are counted, not named.

PAC giving to candidates by party, 2026 cycle

Republican$78.5K74%
Democratic$28K26%

PACs sponsored

HEALTHEQUITY, INC. PURPLE POLITICAL ACTION COMMITTEE (HEALTHEQUITY PURPLE POLITICAL ACTION COMMITTEE)$131.4K raised this cycle

PACs these organizations sponsor (connected organizations in FEC records). A PAC gives employees' and members' voluntary contributions, not the company's own money.

Lobbying amounts are the filers' own good-faith estimates on quarterly LD-2 reports (the law asks for amounts rounded to $10,000; under $5,000 need not be itemized), latest amendment only. When an organization files its own report, it replaces what outside firms report for it that quarter. Matches are by name. Lobbying and political giving are legal and public: they show engagement with government, not influence over any award. Correlation is not influence: these organizations' lobbying and their contracts are shown side by side, and nothing here implies either affected the other.

Source: Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives), data current to Oct 10, 2026, loaded Oct 10, 2026 · 2023–2026.

Source: Committees, candidates and committee contributions to candidates (Federal Election Commission), data current to Oct 10, 2026, loaded Oct 10, 2026 · 2026, 2024, 2022.

Matches: Analisa AI name judgments (entity-match@1), updated Sep 30, 2026.

Congress: members and bills

Through the organizations matched to this company: members of Congress whose campaigns received contributions from their PACs, and the bills their lobbying reports named. Shown beside the company's contracts as a comparison, not a cause.

Members whose campaigns received from its PACs, 2026 cycle

Bill Cassidy$10K
R-LA · Senate · 1 PAC
Blake D. Moore$10K
R-UT-1 · House · 1 PAC
Jimmy Panetta$10K
D-CA-19 · House · 1 PAC
Bradley Scott Schneider$10K
D-IL-10 · House · 1 PAC
Roger Marshall$7,000
R-KS · Senate · 1 PAC
Brian K. Fitzpatrick$6,000
R-PA-1 · House · 1 PAC
Steve Daines$5,500
R-MT · Senate · 1 PAC
Mike Crapo$5,000
R-ID · Senate · 1 PAC
Thom Tillis$5,000
R-NC · Senate · 1 PAC
Tim Walberg$5,000
R-MI-5 · House · 1 PAC

$106.5K of the $106.5K its PACs gave to federal candidates went to 28 members of Congress.

Members whose campaigns received from its PACs, 2024 cycle

Josh Gottheimer$10K
D-NJ-5 · House · 1 PAC
Brian K. Fitzpatrick$7,300
R-PA-1 · House · 1 PAC
Cathy McMorris Rodgers$5,000
R-WA-5 · House · 1 PAC
Jimmy Panetta$3,500
D-CA-19 · House · 1 PAC
Blake D. Moore$3,000
R-UT-1 · House · 1 PAC

Direct and in-kind contributions the members' campaigns received (FEC), net of refunds. Party and seat are the member's current or latest.

Bills named in its lobbying reports

H.R. 955 · HOPE Act of 20257 reports
119th Congress · Introduced · 2025
H.R. 5687 · HSA Modernization Act of 20236 reports
118th Congress · Reported by committee · 2023–2025
H.R. 5688 · Bipartisan HSA Improvement Act of 20236 reports
118th Congress · Reported by committee · 2023–2025
H.R. 9394 · HOPE Act of 20246 reports
118th Congress · Introduced · 2024
H.R. 1 · An act to provide for reconciliation pursuant to title II of H. Con. Res. 14.4 reports

Amounts, members and bills are as recorded, shown side by side. They say nothing about why a contribution was made, how a member voted or what a report sought. A bill number written in a report is read as the measure of the Congress its context points to (a law's number, the Congress written next to it, the title), else of the Congress then sitting.

Source: Committees, candidates and committee contributions to candidates (Federal Election Commission), data current to Oct 10, 2026, loaded Oct 10, 2026.

Source: Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives), data current to Oct 10, 2026, loaded Oct 10, 2026.

Source: Federal contract transactions (Federal Procurement Data System) (U.S. Department of the Treasury, USAspending.gov), data current to Oct 10, 2026, loaded Oct 10, 2026.